Project Cost Analyst, Transmission (Hybrid Schedule)

Eversource Energy; Westwood (MA); On-site; USD 95,000 - 106,000; Full time

Job summary

Eversource Energy in Massachusetts seeks a Project Cost Analyst to monitor budgets, contracts, and cost performance for Transmission projects. You will analyze estimates, cash flows, and variances, coordinating with finance and procurement to drive cost effectiveness.

The role requires a Bachelor's degree or equivalent, 3+ years in cost, and strong Excel/finance skills. Hybrid work is supported; salary ranges reflect the market.

Qualifications

• Bachelor's degree or the equivalent work experience is required.
• Degree in finance strongly preferred.
• Three (3) plus years of experience in cost is required.
• Competency in accounting methods and budgeting processes is desirable.

Responsibilities

• Monitor and report on budgets, cash flow and completion costs for projects and contractors; provide corrective action as needed.
• Review bid specifications, change orders and invoices; evaluate cost impact of scope changes and productivity changes.
• Coordinate preparation of project work orders or purchase orders.
• Provide cost engineering liaison with financial/tax departments and accounting teams.
• Evaluate and report cost impact of scope changes and productivity changes.
• Benchmark Eversource against other utilities by cost comparisons.
• Provide actual man-hour, quantity and productivity input to planning to refine forecasts.
• Establish and maintain a Project Cost Commitment Program to track actual vs. estimated costs.

Skills

Cost analysis

Budgeting

Excel

Financial reporting

Communication

PMI framework

Education

Bachelor's degree

Finance degree preferred

Tools

UVLs

Microsoft Excel

Job description

Eversource will not offer immigration-related sponsorship for this position (e.g., H-1B, O-1, J-1, TN, E-3, etc.). Applicants requiring visa sponsorship to start employment with Eversource will not be considered.

Eversource supports work-life balance by offering hybrid schedules for certain roles. Eligibility is based on job responsibilities, operational needs, nature of work and team dynamics. Current guidelines require employees to work at least three days in the office, including Tuesdays and Wednesdays, with the third day set by the employee and supervisor based on department needs. These guidelines apply to roles approved for remote work and are subject to change, based on managerial discretion and work performance. All applicants must be able to work up to five days in the office if needed (for example: emergencies, training, or other business needs) or should the policy change.

Our Project Cost Analyst monitors, maintain and report on budgets, contracts, and other financial issues for Eversource Transmission projects in the Eversource Transmission Project Management Organization. Responsible for obtaining, providing, and implementing information and recommendations to meet project goals and positively influence project direction. Perform cost forecasting, monitoring and control activities including the preparation of cost performance and productivity reports, analysis of supporting data, variance reporting and special studies. Work with project estimates and cash flow/budgets to monitor and communicate status and completion costs for projects and individual contractors. Evaluate and report the cost impact of scope changes and/or productivity changes and recommend corrective actions, as necessary. Understand and apply project management theories and methodologies and utilize a variety of related project

Essential Functions:

• Works with project estimates and cash flow/budgets to monitor and communicate status, variances, trends and completion costs for projects and individual contractors. Reports corrective action, as necessary.
• Assists in the review of bid specifications, change orders, invoices and performance for vendors, contractors, and material contracts. Evaluates and reports the cost impact of scope changes and/or productivity changes.
• Coordinates the preparation of project work orders or purchase orders as required.
• Provides cost engineering liaison and interface for projects with financial and tax departments, Plant and General Accounting and Eversource Purchasing and Stores.
• Evaluates and reports the cost impact of scope changes and/or productivity changes.
• Compares and evaluates cost of similar projects with other utilities to provide an analysis of Eversource performance compared with other utilities (benchmarking).
• Provides actual man-hour, quantity, and productivity input to Planning and Scheduling to assist in identifying project forecasted activity durations.
• Establishes and maintains a Project Cost Commitment Program which monitors actual vs. estimated cost of purchase orders.

Qualifications:

Technical Knowledge/Skill:

• Competency in Eversource's accounting methods and budgeting process and systems including UVLs and Microsoft software, especially Excel, is desirable.
• Possess strong analytical skills for evaluation of estimates, budgets, cash flows, plans and schedules to effectively control cost.
• Sound knowledge of cost and schedule specification requirements, contracts administration techniques, types of contracts and contract applicability.
• Ability to efficiently interface with, communicate and coordinate activities with Eversource management, project management and support personnel.
• Ability to prepare clear and concise reports using written, oral or graphical means.
• Familiarity with the "Project Management Institute's Body of Knowledge" is highly desirable.

Education:

• Bachelor's degree or the equivalent work experience is required.
• Degree in finance strongly preferred.

Experience:

• Three (3) plus years of experience in cost is required.

Competencies:

• Build trusting relationships
• Manage and develop people
• Foster teamwork and cross-functional collaboration
• Lead change
• Communicate strategic vision
• Create an engaged workforce
• Focus on the customer
• Take ownership & accountability

Compensation and Benefits:

Eversource offers a competitive total rewards program.Check out our careers site for an overview of our benefits programs. Salary is commensurate with your experience. This position is eligible for a potential incentive.The annual salary range for this position is:

$95,050.00-$105,610.00

Worker Type:

Regular

Number of Openings:

1

Emergency Response:

Responding to emergency situations to meet customers’ needs is part of every employee’s role. If employed, you will be given an Emergency Restoration assignment. This means you may be called to assist during an emergency outside of your normal responsibilities, work hours and location.

EEO Statement:

Eversource Energy is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, race, color, sex, sexual orientation, gender identity, national origin, religion, disability status, or protected veteran status.

VEVRRA Federal Contractor