Senior Cost Specialist

Quanta Power Solutions; Birmingham (AL); On-site; USD 120,000 - 150,000; Full time

Benefits offered by this job

Competitive Compensation

Weekly Pay

401(k) Retirement Plan

Holiday Pay

Paid Time Off (PTO)

Comprehensive Health Coverage

Pet Insurance

Employee Assistance Program (EAP)

Professional Development Opportunities

Tuition Assistance

Employee Discount Program

Job summary

Quanta Power Solutions is seeking a highly skilled Senior Cost Specialist to lead project cost management, forecasting, budgeting, and financial performance reporting across large EPC projects in power generation, BESS, renewables, and infrastructure. You will partner with cross-functional teams to ensure accurate reporting and strong cost controls.

The role emphasizes EVM governance, change-order evaluation, and integration with project scheduling and procurement.

Qualifications

• Bachelor's degree in Construction Management, Engineering, Finance, Accounting, Business Administration, or a related field or equivalent experience.
• Minimum 10+ years of experience in project controls, cost engineering, cost management, project finance, construction management, or related disciplines.
• Experience supporting large-scale EPC, utility, industrial, infrastructure, or power generation projects required.
• Experience managing cost controls for projects exceeding $100 million preferred.
• Demonstrated experience leading forecasting, budgeting, and financial reporting activities.
• Ability to travel as needed for site visits, field verification, and project activities.

Responsibilities

• Lead project cost management activities for large-scale EPC projects from project initiation through closeout.
• Develop, maintain, and monitor project budgets, forecasts, cash flow, commitments, expenditures, and EAC/ETC.
• Analyze project financial performance, including cost variances, labor productivity, procurement, subcontractor costs, and KPIs, identifying risks and corrective actions.
• Prepare executive-level cost reports, dashboards, forecasts, and financial performance summaries to support project and executive leadership.
• Lead Earned Value Management (EVM) processes, monitoring CPI, SPI, productivity metrics, and other project controls indicators.
• Evaluate financial impacts of change orders, contract modifications, claims, and scope changes, incorporating approved changes into budgets/forecasts.
• Partner with Project Managers, Engineering, Procurement, Construction, Scheduling, Accounting, and Commercial teams for integrated controls and reporting.
• Support project startup, baseline development, execution, forecasting, and closeout with alignment of cost, schedule, and progress reporting.
• Review commitments, purchase orders, invoices, subcontractor costs, accruals, and financial transactions for accuracy and compliance.
• Assist with annual budgeting, financial planning, audits, monthly close activities, and executive reporting requirements.
• Develop and implement cost control strategies, reporting improvements, and project controls best practices.

Skills

Forecasting

Budgeting

Financial reporting

Cost controls

Project controls

Education

Bachelor's degree in Construction Management, Engineering, Finance, Accounting, Business Administration, or a related field

Job description

About Us

Quanta Power Solutions brings together the industry-leading capabilities and resources of Quanta's operating companies to deliver complete EPC solutions. Our integrated approach spans power generation, battery energy storage, renewables, transmission, substation, and underground infrastructure — from concept to commissioning, we execute complex power infrastructure projects with the speed, certainty, and operational excellence our customers depend on.

About Us

Quanta Power Solutions brings together the industry-leading capabilities and resources of Quanta's operating companies to deliver complete EPC solutions. Our integrated approach spans power generation, battery energy storage, renewables, transmission, substation, and underground infrastructure — from concept to commissioning, we execute complex power infrastructure projects with the speed, certainty, and operational excellence our customers depend on. At Quanta Power Solutions, we are driven by a culture of safety, integrity, and disciplined execution — and we're building a team that shares that commitment.

About This Role

Quanta Power Solutions is seeking a highly skilled Senior Cost Specialist to lead project cost management, forecasting, budgeting, and financial performance reporting across large and complex Engineering, Procurement, and Construction (EPC) projects. This role supports critical infrastructure projects including power generation, battery energy storage systems (BESS), renewable energy, transmission, substations, data centers, and industrial facilities .

What You'll Do

• Lead project cost management activities for large-scale EPC projects from project initiation through closeout.


• Develop, maintain , and monitor project budgets, forecasts, cash flow, commitments, expenditures, and Estimate at Completion (EAC)/ Estimate to Complete (ETC).


• Analyze project financial performance, including cost variances, labor productivity, procurement, subcontractor costs, and key performance indicators (KPIs), identifying risks and recommending corrective actions.


• Prepare executive-level cost reports, dashboards, forecasts, and financial performance summaries to support project and executive leadership.


• Lead Earned Value Management (EVM) processes, monitoring project performance through CPI, SPI, productivity metrics, and other project controls indicators.


• Evaluate the financial impacts of change orders, contract modifications, claims, and scope changes, incorporating approved changes into project budgets and forecasts.


• Partner with Project Managers, Engineering, Procurement, Construction, Scheduling, Accounting, and Commercial teams to ensure integrated project controls and accurate financial reporting.


• Support project startup, baseline development, execution, forecasting, and closeout while ensuring alignment between cost, schedule, and progress reporting.


• Review commitments, purchase orders, invoices, subcontractor costs, accruals, and financial transactions to ensure accurate project financial performance and compliance with company procedures.


• Assist with annual budgeting, financial planning, audits, monthly close activities, and executive reporting requirements.


• Develop and implement cost control strategies, reporting improvements, and project controls best practices to enhance project performance and profitability.


• Mentor Cost Specialists and Project Controls personnel, providing technical guidance and supporting the continuous improvement of project controls processes.

What You'll Bring

• Bachelor's degree in Construction Management , Engineering, Finance, Accounting, Business Administration, or a related field OR equivalent experience .


• Minimum 10+ years of experience in project controls, cost engineering, cost management, project finance, construction management, or related disciplines .


• Experience supporting large-scale EPC, utility, industrial , infrastructure, or power generation projects required .


• Experience managing cost controls for projects exceeding $100 million preferred.


• Demonstrated experience leading forecasting, budgeting, and financial reporting activities.


• Experience supporting multiple concurrent capital projects preferred.


• Ability to travel as needed for site visits, field verification, and project activities.

What You'll Get

• Competitive Compensation


• Weekly Pay


• 401(k) Retirement Plan


• Holiday Pay


• Paid Time Off (PTO)


• Comprehensive Health Coverage


• Pet Insurance


• Employee Assistance Program (EAP)


• Professional Development Opportunities


• Tuition Assistance


• Employee Discount Program

Equal Opportunity Employer

All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, national origin or ancestry, sex (including gender, pregnancy, sexual orientation, and/or gender identity), age, disability, genetic information, veteran status, and/or any other basis protected by applicable federal, state or local law. We are an Equal Opportunity Employer, including disability and protected veteran status. We prohibit all types of discrimination and are committed to providing access and equal opportunity for individuals with disabilities. For additional information or if reasonable accommodation is needed to participate in the job application, interview, or hiring processes or to perform the essential functions of a position, please contact us the Company’s Human Resources department.