Project Cost Control Analyst

New York Power Authority; City of White Plains (NY); On-site; USD 81,000 - 101,000; Full time

Job summary

New York Power Authority seeks an experienced professional to manage daily operations and coordinate cost control for major projects in New York. You will oversee budgets, prepare capital expenditure proposals, and analyze investments in infrastructure and assets.

Responsibilities include cash flow reporting, cost forecasting, and serving as the cost management liaison with project teams, owners, vendors, and contractors. Travel up to 30% within NYS may be required.

Qualifications

• Bachelor's degree required; related experience preferred.
• Minimum 3 years of project-related work experience.
• Significant experience managing projects or conducting project analysis is preferred.

Responsibilities

• Participate in development of work breakdown structures to initiate/update funding.
• Develop/update project cash flow, variance, and accrual reports.
• Assist Owners with cost information for Trustee items and bid pricing sections.
• Act as point of contact for project teams on project financials.
• Ensure best practices in project cost management are followed.
• Coordinate cost information with internal and external stakeholders.
• Maintain department procedures and processes.
• Monitor invoices, estimates, and timely payments.
• Coordinate cost updates with project schedules and milestones.

Skills

Cost management

Budgeting

Forecasting

Stakeholder comms

Project coordination

Education

Bachelor's Degree

Tools

Microsoft Project

MS Word

MS Outlook

Job description

Summary

Accountable for the daily management and coordination of NYPA's overall operations, including Overseeing, monitoring, and evaluating the operational performance; directing the preparation of operating budgets and proposals for capital expenditure and investments in infrastructure, technology, equipment, systems, or other assets and resources; analyzing and approving operational investments that best meet the organization's business needs.

Evaluates, monitors & coordinates activities related to the cost & scheduling control for assigned projects. Communicates with Project Owners, Construction Management field staff, Vendors, Contractors, and other Power Authority support staff for each project as it relates to cost and scheduling. Oversees the delivery of projects from a cost management perspective. Supports project delivery by budgeting and cost forecasting and analyzing through closeout.

Responsibilities

• Participate in development of work breakdown structures based on approved estimates to initiate and update projects funding authorizations.
• Develop and update project cash flow reports, variance reports and monthly accrual reports.
• Assist Project Owners with cost information in preparation of Trustee Items, and development of the itemized pricing section for bid specification.
• Act as the point of contact for project teams for all matters regarding project financials.
• Ensure that the team is following best practices for project cost management.
• Interface and coordinate with stakeholders, both internal and external, on all cost information.
• Maintain department procedures
• Monitor and verify project invoices, partial estimates and ensure accurate and timely payments.
• Assist in processing Additional Work Authorization Change Orders, Claims, etc.
• Coordinate cost updates with project schedules for monitoring the progress of the project and analyzing the effects schedule change has on project cash flow and milestone dates.

Knowledge, Skills and Abilities

• Ample experience using Microsoft Office tools such as Excel, Word, Outlook, Project experience is preferred.
• Ability to provide all cost control support for assigned projects with minimum supervision.
• Must be aware of cost management principles and fundamentals, and is responsible for keeping up with changes and advancements in the industry.
• Excellent interpersonal and time management skills.
• Ability to focus on the results of data and data analysis.
• Ability to communicate complex data and processes to stakeholders who may be less familiar.
• Strong project cost control skills.

Education, Experience and Certifications

• Bachelor's Degree.
• Minimum 3 years of related work experience.
• Significant experience managing projects or conducting project analysis, preferred.

Physical Requirements

• Up to 30% travel primarily within NY State; to NYPA facilities.
• Ability to travel to NYPA facilities to support construction activities and to monitor equipment installations and commissioning for length of time needed.

The New York Power Authority is committed to providing fair, competitive, and market-informed compensation. The estimated salary range for this position is: $81,000 - $101,000. The salary offered will be determined based on the successful candidates' relevant experience, knowledge, skills, and abilities.

Disclaimer: NYPA accepts a standard 12-month F-1 Optional Practical Training (OPT) visa for certain roles. However, please be advised that NYPA is not an E-Verify employer, and as such, we are ineligible to support the F-1 STEM (Science, Technology, Engineering and Mathematics) OPT extension (24-month add-on).

The New York Power Authority and Canal Corporation believes that diversity, equity, and inclusion drive our success, and we encourage women, people of color, LGBTQIA+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents and veterans to apply. As an equal opportunity employer, NYPA/Canals is committed to building inclusive, innovative work environments with employees who reflect communities across New York and enthusiastically serve them. We proudly celebrate diversity and do not discriminate based on race/color, creed/religion, national origin, citizenship or immigration status, age, disability, military status, gender/sex, sexual orientation, gender identity/expression, pregnancy and related conditions, familial/marital status, domestic violence victim status, predisposing genetic characteristics, arrest/criminal conviction record or any other category protected by law.

NYPA/Canals will also provide reasonable accommodations during the hiring process related to candidates' disabilities, pregnancy-related conditions, religious observances/practices and/or domestic violence concerns. To request an accommodation, please email [e-mail].