Strategic Project Controls & Cost Analyst

HPM; Austin (TX); On-site; USD 85,000 - 130,000; Full time

Job summary

HPM is seeking a Project Controls Cost Specialist to join our team in Austin, TX. You will oversee forecasting, cost management, budget analysis, and earned value tracking across multiple projects, with travel up to 10%.

You’ll support client management and present updates to management at all levels. You will develop WBS/CBS, monitor budgets and schedules, perform variance analyses, and provide cash flow projections to optimize capital usage.

Qualifications

• Bachelor's degree in Accounting, Finance, Construction Management, Business Administration, Building Science, or related field preferred.
• 3-5 years of project cost controls experience or extensive project management experience in large, complex facility construction.
• Strong technical knowledge in construction contracts and cost management.
• Strong analytical skills for estimate analysis, bid evaluations, budget monitoring, cash flow analysis, risk analysis and benchmarking project costs.

Responsibilities

• Develops and produces weekly, monthly, and special reports in a timely manner for the client and PM staff to monitor progress and status of the project, including input from contractor.
• Support claims and variance analysis reporting with MS Project, Access, Primavera, and Excel skills.
• Author/draft reports for clients based on technical analysis of costs, timelines, site inspections, and other information available.
• Present and discuss findings with client with clear, concise, and logical articulation.
• Develop Work Breakdown Structures (WBS) and assist with the development of Cost Breakdown Structures (CBS).
• Manage project cost and timelines, including budget, forecast, commitments, accruals, Work-In-Place, milestones, WBS, project progress, risks, contingency and KPIs.
• Provide monthly project status report (cost, risk, manpower, etc.) Ability to clearly communicate financial status from multiple building sites to PM team.
• Ability to review invoices versus contractually agreed upon terms and conditions.
• Manage the project change control process and maintain the schedule baseline and current budget to reflect approved changes.
• Provides cash flow projections and forecasts to assist in managing to available capital and client cash outlay planning. Compare actuals to forecasts for early identification of risks related to schedule performance.
• Sets up cost control system that monitors and controls costs and timelines on contracts requiring validated cost/schedule control system.
• Ensures adequate funding availability by maintaining accurate records of expenditures, directing preparation of expenditure projections, and submitting timely requests for additional funding as required.
• Utilize and maintain historical cost databases through input of budgets, commitments, work-in-place, invoices, and forecasts.
• Conduct accrual analysis and coordinate with payment processing teams to track the status of vendor payments.
• Support Senior Project Controls Manager with data management for various project sites.
• Perform tracking and reporting activities related to budget transfers, uncommitted costs and project contingencies.
• Reviews, analyzes, and assists project teams with reconciliation of project cost to ensure accuracy of project cost reporting.
• Perform earned value analyses for early identification of risks related to schedule performance and cost variances. Utilize cost-loaded schedules when possible.
• Assist in supporting project teams, primarily in the planning, and execution phases of projects, including training as needed to support the needs of HPM project teams.
• Support the initial formalization of a project controls function in support of a large design project.
• Assist in initiatives to include standardization of processes and tools, participate in the deployment and evolution of standard HPM solutions, support the networking with HPM project controls community to share knowledge and resources across the corporation, support development of project controls best practice within HPM, and potentially working with a vast group of stakeholders.
• Promote open communication and collaboration between all parties to ensure that projects are completed with minimal disruptions and delays.

Skills

Forecasting

Cost management

Budget analysis

Earned value management

Risk management

Communication

Leadership

Education

Bachelor's degree in Accounting, Finance, Construction Management, Business Administration, Building Science, or related field

Tools

MS Project

Primavera P6

MS Access

Excel

Power BI

Job description

HPM is seeking a Project Controls Cost Specialist to join our team in Austin, TX. You will oversee forecasting, cost management, budget analysis, and earned value tracking across multiple projects, with travel up to 10%.

You’ll support client management and present updates to management at all levels. You will develop WBS/CBS, monitor budgets and schedules, perform variance analyses, and provide cash flow projections to optimize capital usage.