Sr Program Controls Specialist

Honeywell; Arvada (CO); On-site; USD 92,800 - 115,900; Full time

Benefits offered by this job

Medical, Dental, Vision, and Life Insurance

401(k) match

Flexible Spending Accounts

Educational Assistance

Paid Time Off

12 Paid Holidays

Job summary

Honeywell is seeking a Sr Program Controls Specialist in Arvada, Colorado. This role focuses on providing cost analysis and process improvements for complex programs. The ideal candidate will work on a hybrid schedule, collaborating with various teams and supporting global project management.

Key responsibilities include project planning, cost control, and ensuring compliance with company standards. Applicants should have a Bachelor's degree and 5+ years of relevant experience, particularly in the oil & gas or electronics sectors. A comprehensive benefits package is included.

Qualifications

• 5+ years of Project Controls industry experience.
• Experience in oil & gas, petrochemical, automation, or electronics.
• Knowledge of cost management concepts and processes.

Responsibilities

• Provide project planning support defining scopes and budgets.
• Ensure accurate delivery of project reports and forecasts.
• Support cost monitoring and control standards implementation.

Skills

Cost estimating

Financial analysis

Analytical skills

Project controls systems

Education

Bachelor’s degree in Engineering Management, Business, or Finance

Tools

MS Office

SAP Project Accounting module

Job description

Job Description

As a Sr Program Controls Specialist at Honeywell, you will be responsible for providing cost analysis, process improvement, and metrics for the UPT Equipment execution team. This role will partner with the Integrated program team to develop program plans, create cost baselines and a monitoring/tracking system for large complex programs across multiple sites. This role will also recommend improvement actions for process and tool implementation and will interact with global program management team, business leaders, and customers. You will report directly to the Sr Program Controls Manager and you’ll work out of our Arvada, CO location on a Hybrid work schedule. In this role, the Sr. Program Controls Specialist delivers cost analysis, process improvements, and performance tracking for complex, multi‑site programs, partnering with cross‑functional teams and supporting global program management and business leaders.

Key Responsibilities

• Provide support in project planning processes, define scopes, establish Work Breakdown Structure (WBS) and budgets on allocated projects.
• Accountable for accuracy & timely delivery of all project & management reports & forecasts for costs, revenue, and billing on allocated projects.
• Support the implementation of cost monitoring and control standards, techniques, systems, and reports, including the following activities:
  • Assisting with budget allocation and reporting/cost control for the assigned portions of the project/programs.
  • Supporting the project Risk & Trend Management programs.
• Ensure that all project control activities such as cost management and control are executed in a timely fashion and in accordance with all company standards and contractual requirements.
• Support the development of program plans and establish contract baseline budgets, plan milestones and apply earned value methods.
• Analyze and validate project costs and project performance status.
• Possess in‑depth knowledge of budgeting, forecasting, analysis, and reporting cycle, including experience in EAC and variance.
• Analyze projects Incurred to Date (ITD) costs and estimate to complete (ETC) costs. Support the quality of projects Estimate at Completion (EAC) cost forecast analysis.
• Support Project Managers in managing and maximizing project margins.
• Support the Project Management team in maintaining timely and effective change management processes, procedures, and systems.
• Identify and troubleshoot problems with Business Forecaster and SAP Project System for equipment forecast and project execution.
• Coordinate invoicing milestone payments with the Project Manager, Customer Care, & Logistics groups. Ensure GAAP requirements are met when invoicing.
• Invoice Resolution Coordination: Coordinate with project management personnel, engineers of record, procurement, and accounts payable to resolve supplier invoice issues to support timely payment.
• Status Tracking: Coordinate with procurement personnel, expeditors, engineers of record, and Project Managers to verify that PO delivery dates within SAP are maintained and reviewed on a monthly basis.
• Manage the receivables and payables balance on allocated projects, checking accuracy of invoices.
• Work with Program/Project Managers to incorporate approved change orders in cost baselines.
• Actively participate in project review meetings & provide clear, accurate project cost assessment & give proactive advice to drive successful project completion.
• Participate in development of project controls tools & methodology.
• Responsible for project control procedures compliance on allocated projects.
• Participate in internal and external audits.

You Must Have

• Bachelor’s degree in Engineering Management, Business, or Finance with 5+ years of Project Controls (cost management) industry experience; or 10+ years of Project Controls (cost management) industry experience in lieu of a degree.
• 5+ years’ experience in oil & gas, petrochemical, automation, or electronics industry.
• MS Office and SAP applications (Project Accounting module) experience.
• 5+ years’ experience with finance & cash flow – concepts, processes, planned, actual, forecast.
• 5+ years of knowledge of cost estimating, tracking and control.
• 5+ years’ knowledge of contracts and business planning & analysis.
• 5+ years’ analytical and problem‑solving skills experience.
• Candidates must be willing to relocate to the Arvada, Colorado area, regardless of current state of residence (including Texas or other states).

We Value

• Good knowledge of cost estimating, tracking and control.
• Ability to make sound decisions and recommendations.
• Experience using PMIS systems and data analytics dashboarding – Preferred.
• Good knowledge of contracts and business planning & analysis.
• Strong written, verbal, and interpersonal and relationship‑building communication skills.
• Ability to work independently as well as in a team‑based environment.
• Ability to multi‑task; cope with the demands of simultaneous activities.

Benefits

In addition to a competitive salary, leading‑edge work, and developing solutions side‑by‑side with dedicated experts in their fields, Honeywell employees are eligible for a comprehensive benefits package. This package includes employer‑subsidized Medical, Dental, Vision, and Life Insurance; Short‑Term and Long‑Term Disability; 401(k) match, Flexible Spending Accounts, Health Savings Accounts, EAP, and Educational Assistance; Parental Leave, Paid Time Off (for vacation, personal business, sick time, and parental leave), and 12 Paid Holidays.

The salary range for this position is ($92,800.00 - $115,900.00).