Cost Controls Analyst

Inno Active Group is seeking an experienced and detail-oriented Cost Controls Analyst to support a portfolio of complex capital projects within the utilities and power generation industry, with a particular focus on gas turbine projects and associated infrastructure.

The ideal candidate will have a strong background in utility capital projects, gas turbine power generation, and project cost controls, with hands-on experience managing budgets, forecasts, expenditures, financial reporting, and cost performance throughout the project lifecycle.

In this role, you'll collaborate with project managers, engineering teams, construction professionals, and finance stakeholders to monitor project costs, identify financial risks, maintain accurate forecasts, and provide meaningful analysis to support project execution and informed decision-making.

This is a remote position requiring periodic travel to project sites. Candidates must be comfortable working independently while collaborating with geographically dispersed teams and traveling to active utility and power generation facilities as needed.

Job Functions & Responsibilities

• Support cost control activities across a portfolio of utility capital projects, gas turbine installations, power generation upgrades, and related infrastructure improvements.
• Monitor and analyze project budgets, actual expenditures, committed costs, forecasts, and overall financial performance.
• Develop, maintain, and update project cost forecasts, including estimates to complete (ETC) and estimates at completion (EAC).
• Perform budget-to-actual variance analysis, identify potential cost overruns, and provide recommendations to address financial risks.
• Track and analyze costs associated with gas turbine projects, equipment installations, plant upgrades, outages, construction activities, and other utility capital improvements.
• Support project budgeting, cost tracking, cash flow analysis, accruals, and monthly financial reporting throughout the project lifecycle.
• Prepare and process project billings, invoices, journal entries, and other project-related financial transactions.
• Perform project and portfolio reconciliations to ensure financial accuracy across multiple systems and reporting platforms.
• Review purchase orders, contracts, change orders, funding requests, and invoices to verify accuracy, compliance, and budget availability.
• Track committed costs, actual expenditures, pending changes, and forecasted costs to maintain visibility into overall project financial performance.
• Collaborate with project managers, engineering teams, construction personnel, plant operations, and finance professionals to evaluate project cost performance.
• Assess the financial impacts of project scope changes, schedule delays, equipment procurement, construction activities, and unforeseen field conditions.
• Prepare monthly cost reports, financial dashboards, variance analyses, and executive-level reporting materials.
• Maintain accurate project financial records, including billing information, payment history, labor hours, purchase orders, and cost allocations.
• Support project closeout activities, including final cost reconciliations, cost recovery, financial documentation, and reporting.
• Utilize SAP, Primavera, Excel, and other project management or financial systems to maintain accurate cost information and reporting.
• Participate in project meetings, cost reviews, and periodic site visits to support alignment between financial reporting and field execution.
• Identify opportunities to improve cost control processes, reporting accuracy, forecasting methodologies, and overall project efficiency.

Required Qualifications & Skills

• Professional experience supporting utility capital projects, preferably within…