Project Cost Analyst

We’re powering a cleaner, brighter future. Exelon is leading the energy transformation, and we’re calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient.

We’re powered by purpose‑driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 20,000 colleagues strong serving more than 10.7 million customers at six energy companies – Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (Com Ed), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco).

We are committed to creating an environment where every person can thrive. Our employee experience is grounded in four tenets that guide how we support our people: purposeful careers, growth opportunities, community impact, and support to thrive.

In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career.

Position may be required to work extended hours for coverage during storms or other energy delivery emergencies.

• Attend required meetings and reach out to project stakeholders for detailed project information. Identify project/program budget, forecast, and authorization issues early and assist in developing resolutions to meet project metrics.
• Assist in the development and continued monitoring of the budgets and LRPs for transmission, sub-station, distribution, and gas (PECO and BGE) projects and programs. Monitor, track, and report project budgets, forecasts, accruals, and actuals.
• Track project and program financial risks and opportunities and provide detailed analysis of variances to budget, quarterly plan, and month‑over‑month variance analysis. Support project management at resulting financial challenge meetings.
• Develop, organize, and present project and program performance reports for both internal and external use. Participate in monthly forecasting and accrual meetings with Sr Project Cost Analysts and Project Managers.
• Participate in monthly forecasting and accrual meetings with Sr. Project Cost Analysts and prepare monthly project accruals and journal entries for project manager review and submittal to Finance department before submittal to Finance group, reporting variances and issues to both the project management and project controls leadership.
• Analyze project actual and forecast data accuracy to ensure compliance with annual internal and external Sarbanes Oxley Audits.
• Support the management of the vendor forecasting process which is used as a source of input for both forecasting and accruals by Project Controls.
• Provide support to Sr. Project Cost Analysts and Project Managers for presentations and forms required for project authorization.

• This is an individual contributor position that works independently with only general direction, relying on knowledge skills and judgment acquired through education and relevant experience to plan and accomplish assigned tasks and goals.
• Position requires routine interaction with key internal and external stakeholders, executives, directors, managers and staff across the organization.
• May require working extended hours and/or shift work to support business operations.

• Bachelor’s degree in Business, Finance, Accounting or Technical Field.
• 2 – 4 years related experience, or in lieu of Bachelor’s degree, a minimum of 3 – 6 years business experience is required.
• Comprehensive understanding of applicable standards, methods, processes and practices, business fundamentals, and performance metrics in the specific functional area supported by this position (e.g., asset management, electric or gas operations, customer service, transmission and substation, distribution system operations, regulatory and external affairs, transmission…