Cost Control Specialist

Compensation

$50-$70 per hour

Charlotte, NC

Contract

36 Months

• This position is responsible for initiating and completing routine aspects of project control assignments, using prescribed methods and tools.
• This position performs the more complex aspects of project forecasting, cost alignment to schedules, cost analysis, variance analysis, budgeting, trending and burn rates, change control, and cost control, while reporting up to program or portfolio level.
• This position supports Project Managers on varying size projects and is expected to perform responsibilities with minimal oversight.
• The position is considered a technical SME/support position and requires college level reasoning via formal education or work experience.
• It requires working knowledge to proficient use, understanding and application of project controls principles, procedures, and associated project controls software tools.
• This position must be able to identify problems, develop solutions and take actions to resolve them.
• This position must be adept at picking up and using unfamiliar software and able to work with large and complex data files. Advanced to expert level of experience in Excel is required for this role.

• Generate periodic project controls reports (monthly, quarterly, and ad-hoc). Responsible for gathering, verifying, validating, and analyzing data in support of project controls reporting. Responsible for distributing and archiving project controls reports as appropriate.
• Perform Change Control. Track and manage changes to the project scope and cost baseline. Identify, assess, gain approval for, and distribute change requests, change notices and/or change orders in a manner compliant with internal governance standards and terms and conditions of relevant contracts (as appropriate).
• Project Controls Benchmarking and Self-Assessment Initiatives. Assist in scheduling and carrying out benchmarking and self-assessment initiatives relevant to project controls and the types of projects typically managed by the project controls group. Identify and communicate improvement opportunities, adoption of best practices and counter measures to address gaps in performance.
• Expertise in Project Controls Methodologies. Experience with maintaining cost estimates, tracking, and trending cash flow reports, change control documentation (scope or cost) and/or any reports associated with project controls. Tracks and reports project status, performs variance and other data analyses at a level appropriate for the project.
• Create and Maintain Project Estimate. Work with Estimator(s) to create or create project cost estimate to establish effective cost controls management. Assure that project estimate includes all necessary materials, resource / labor rates, manufactured materials / equipment as well as current industry data relative to project scope. Manage the estimate according to Project Management Center of Excellence Estimating Standard and review cycle.
• Effective Team Participation. The PCS is responsible for maintaining effective relationships with customers, supports the resolution of quality issues and completes assignments (proposals, project tasks, reports, etc.) as negotiated. Displays proficiency in conflict resolution and reaching win-win outcomes among team members.

• Associates Degree in Engineering OR
• Associates Degree in Project Management OR
• Associates Degree in Finance OR
• Associates Degree in Business AND
• 2 years minimum required related experience
• In Lieu of Degree, High School / GED AND 5 years minimum required related experience

• Advanced to expert level of experience in Excel is required for this role
• Experience working with a project team to obtain information to build / update a cost forecast
• Working knowledge/proficiency with project management concepts, project controls concepts, computer applications such as scheduling software and spreadsheets
• Demonstrated knowledge of analyzing, integrating, trending, and forecasting cost information for projects
• Demonstrated knowledge and usage of earned value techniques
• Highly engaged…