Summary
The Cost Control Analyst I position helps support Portfolio Management by providing key project controls input. The Cost Control Analyst communicates with project teams, asset managers as well as facility representatives to maintain a complete and accurate cost plan for any given project within the assigned portfolio. Cost Control activities include reporting on project budget, forecast, spend and accruals, as well as managing invoicing and contract budget verifications. #LI-VB1
Responsibilities
- Develop work breakdown structure based on approved estimates to initiate and update projects funding authorizations.
- Coordinate with Accounts Payable to record, Work Orders, Purchase Orders and Contracts within the SAP.
- Develop and update project cash flow reports, variance reports and monthly accrual reports.
- Assist Project Owners with cost information in preparation of Trustee Items, and development of the itemized pricing section for bid specification.
- Act as the point of contact for project teams for all matters regarding project financials.
- Ensure that the team is following best practices for project cost management.
- Interface and coordinate with stakeholders, both internal and external, on all cost and scheduling information.
- Maintain the OPMG Cost Management handbook.
- Monitor and verify invoices, partial estimates and ensure accurate and expeditious payments.
- Assist in processing Additional Work Authorization Change Orders, Claims, etc.
- Coordinate cost updates with project schedules for monitoring the progress of the project and analyzing the effects schedule change has on project cash flow and milestone dates.
Knowledge, Skills and Abilities
- Ample experience using Microsoft Office tools such as Excel, Word, Outlook, Project experience is preferred.
- Ability to provide all cost control support for assigned projects with minimum supervision.
- Must be aware of cost management principles and fundamentals, and is responsible for keeping up with changes and advancements in the industry.
- Excellent interpersonal and time management skills.
- Ability to focus on the results of data and data analysis.
- Ability to communicate complex data and processes to stakeholders who may be less familiar.
- Strong project cost control skills.
Education, Experience and Certifications
- Bachelor’s Degree in technical or business-related field.
- Minimum 3 years of related work experience.
- Significant experience managing projects or conducting project analysis, preferred.
Physical Requirements
- Approximately 15-20% travel to NYPA facilities.
New York Power Authority is committed to providing fair, competitive, and market-informed compensation. The target salary range for this position is: $85,340 – $128,020. Salary offered will be determined based the successful candidates’ relevant experience, knowledge, skills, and abilities.
The New York Power Authority and Canals Corporation believes that equity, diversity, and inclusion drive our success, and we encourage women, people of color, LGBTQIA+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. As an equal opportunity employer, NYPA/Canals is committed to building inclusive, innovative work environments with employees who reflect communities across NY and enthusiastically serve them. We proudly celebrate diversity and do not discriminate based on race, religion, color, national origin, sex, sexual orientation, gender identity and/or expression, age, veteran status, disability status, pregnancy, marital status, genetic information, arrest record or criminal conviction history, or any other category protected by law.
We are happy to provide reasonable religious accommodations during the hiring process for those in need. If you have a disability or special need that requires a reasonable accommodation, please send a request to accessibility@nypa.gov.
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