Project Controls Specialist - Cost Estimating

PM2CM; Los Angeles (CA); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Medical/Dental/Vision Insurance

Life and AD&D Insurance

401k Retirement Plan w/company match

Profit Sharing

Paid Holidays

Paid Sick Leave

Paid Vacation

Job summary

A construction project management company in California is seeking a Project Controls Specialist to focus on cost estimation. The role includes managing financial health of projects, conducting cost analysis, and participating in change management meetings. Ideal candidates will possess 5-10 years of experience in project controls and strong analytical skills. Comprehensive benefits are offered including medical insurance and 401k plan.

Qualifications

• Minimum of 5-10 years of professional experience in program or project controls within construction projects.
• Exceptional analytical and problem-solving abilities.
• Strong communication skills to present complex financial data.

Responsibilities

• Manage Estimates to Complete (ETCs) across multiple projects.
• Participate in change management and risk assessment meetings.
• Conduct detailed analyses of cost variances and performance data.

Skills

Cost analysis

Budgeting

Forecasting

Financial management

Analytical skills

Education

Bachelor's Degree in Engineering, Construction Management, Business, or related field

Tools

Proliance

Deltek Costpoint

Microsoft Excel

Job description

Overview

Join our dynamic team as a Project Controls Specialist focusing on Cost Estimation and play a critical role in managing the financial health of significant construction and capital projects. We are seeking a proactive professional who excels in cost analysis, budgeting, forecasting, and financial management, with a keen eye for detail and exceptional analytical skills.

Responsibilities

• Manage and allocate Estimates to Complete (ETCs) across multiple projects, including change orders, task orders, vendor portal requests, and Project Budget Amendments (PBAs) to ensure alignment with financial objectives.


• Actively participate in change management and risk assessment meetings to identify and mitigate cost-related trends and risks, developing effective cost mitigation strategies.


• Conduct detailed analyses of cost variances, performance data, and financial trends, recommending actionable corrective measures to keep projects aligned with budgetary goals.


• Perform monthly budget and cost reconciliations to maintain accuracy and reliability in financial reporting.


• Collaborate closely with scheduling teams to evaluate how cash flow and schedule performance impact project costs, proactively identifying variances and forecasting potential financial risks.


• Generate accurate financial and budget reports, providing tailored analyses for stakeholders, campus budgeting, cost controls, and audits using advanced systems such as Proliance and Deltek Costpoint.


• Serve as the central point of contact for financial information requests, ensuring prompt and accurate dissemination of budgetary and cost-related data.


• Oversee financial processes including contract amendments, budget transfers, payment applications, purchase requisitions, and other critical financial documentation.


• Support the development of comprehensive dashboard reports and collaborate closely with the Project Management Office (PMO) to validate and compile critical financial data.

Qualifications

• Bachelor's Degree in Engineering, Construction Management, Business, or related field, or equivalent experience.


• Minimum of 5-10 years of professional experience in program or project controls within construction projects.


• Solid experience across the full project lifecycle, including cost/schedule management, earned value management, forecasting, and risk assessment.


• Exceptional analytical and problem-solving abilities, with advanced proficiency in Microsoft Office, particularly Excel.


• Strong communication skills with the ability to present complex financial data clearly and effectively to diverse audiences.


• Proven capability to adapt quickly in fast-paced environments, working collaboratively within a team and independently.

Preferred Qualifications

• Advanced experience with Proliance, Deltek Costpoint, Data-Warehouse, or similar capital program management systems.


• Prior experience managing cost controls in educational facilities or similarly scaled projects.

Benefits

• Medical/Dental/Vision Insurance


• Life and AD&D Insurance


• 401k Retirement Plan w/company match


• Profit Sharing


• 10 Paid Holidays per year


• 40 hours Paid Sick Leave per year


• 80 hours Paid Vacation per year


• Medical/Dental/Vision insurance eligible after 30 days of full-time employment.


• Vacation and sick time are based on the employee's hire date.