Sr Project Cost Analyst

Who We Are

Exelon is leading the energy transformation, calling all problem solvers, innovators, community builders, and change makers to work together to deliver solutions that make our diverse cities and communities stronger, healthier, and more resilient. We are a Fortune 200 company, 19,000 colleagues strong, serving more than 10 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 elevate diverse voices, fresh perspectives, and bold thinking, and we provide competitive compensation, incentives, excellent benefits, and opportunities to build a rewarding career.

Provide project controls cost engineering support to Directors, Managers, Project Managers, contractors, and other key team members. Develop and monitor annual budgets, actual and forecasted costs, and long‑range plans for transmission, substation, distribution, and gas (PECO and BGE) projects and programs. Utilize Exelon systems for budgeting, financial forecasting, cost tracking, project authorization, work management, contracts, and material tracking. Deliver comprehensive reports to support business operations and coordinate project authorization processes.

• Manage project forecasting, accrual, and status processes; attend meetings and liaise with stakeholders for detailed project information.
• Assist in developing and monitoring budgets and LRPs for transmission, substation, distribution, and gas projects; monitor, track, and report budgets, forecasts, accruals, and actuals.
• Manage project and program financial risks; provide detailed variance analysis and support financial challenge meetings.
• Develop, organize, and present project and program performance reports for internal and external use.
• Schedule and facilitate monthly forecasting and accrual meetings; prepare project accruals, journal entries, and report variances to project management and controls leadership.
• Analyze project actual and forecast data accuracy to ensure compliance with internal and external Sarbanes‑Oxley audits.
• Manage the vendor forecasting process, serving as a source for forecasting and accrual inputs.
• Provide support to Project Managers for presentations and forms required for project authorization.

• Individual contributor position that works independently with general direction.
• Requires routine interaction with key internal and external stakeholders, executives, directors, managers, and staff.
• May require extended hours or shift work to support business operations.

• Bachelor’s degree in Business, Finance, or Technical Field.
• 4–7 years of related experience, or 6–9 years of relevant business experience in lieu of a degree.
• Comprehensive understanding of standards, methods, and performance metrics in areas such as asset management, electric or gas operations, customer service, transmission, or distribution.
• Strong analytical skills for forecasting, analysis, and budget evaluation.
• Demonstrated ability to identify and mitigate financial risks and provide in‑depth analysis.
• Excellent oral and written communication skills, with a customer‑driven approach.
• Knowledge of financial cost‑analysis practices, including trending, root‑cause analysis, and benchmarking.
• Capability to analyze complex data, recommend alternatives, and implement performance‑enhancing strategies.

• Advanced degree in Finance.
• 5–8 years of project cost tracking experience in the electric/gas transmission, distribution, and substation industry.
• Advanced proficiency in Microsoft Office (Word, Excel, Access, PowerPoint), project management tools, and Exelon-specific applications (e.g., WPT, Asset Suite, CIS, EPS).
• Proficient in business case development and presentation to leadership.

• Annual salary: $84,000 – $115,500 /year (paid annually).
• Annual bonus: 15% for eligible positions.
• 401(k) match and annual company contribution.
• Medical, dental, and vision insurance.
• Life and disability insurance.
• Generous paid time off, including vacation, sick time, floating holidays, maternity and parental leave.
• Employee Assistance Program and mental‑health resources.
• Well‑being programs, including tuition reimbursement, adoption and surrogacy assistance, and fitness reimbursement.
• Referral bonus program.

Note:

Exelon‑sponsored compensation and benefit programs may vary or not apply based on length of service, job grade, job classification, or represented status. Eligibility will be determined by the written plan or program documents.