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Full time
Operations & Project Management
PM
Project Controls Specialist - Cost Estimating
Quick Overview
Seniority
Mid Senior
Employment type
Full Time
Work mode
On Site
Location
Los Angeles, California, United States
Posted
1 year ago
Microsoft OfficeRisk Assessment
Job Description
Join our dynamic team as a Project Controls Specialist focusing on Cost Estimation and play a critical role in managing the financial health of significant construction and capital projects. We are seeking a proactive professional who excels in cost analysis, budgeting, forecasting, and financial management, with a keen eye for detail and exceptional analytical skills.
Key Responsibilities:
- Manage and allocate Estimates to Complete (ETCs) across multiple projects, including change orders, task orders, vendor portal requests, and Project Budget Amendments (PBAs) to ensure alignment with financial objectives.
- Actively participate in change management and risk assessment meetings to identify and mitigate cost-related trends and risks, developing effective cost mitigation strategies.
- Conduct detailed analyses of cost variances, performance data, and financial trends, recommending actionable corrective measures to keep projects aligned with budgetary goals.
- Perform monthly budget and cost reconciliations to maintain accuracy and reliability in financial reporting.
- Collaborate closely with scheduling teams to evaluate how cash flow and schedule performance impact project costs, proactively identifying variances and forecasting potential financial risks.
- Generate accurate financial and budget reports, providing tailored analyses for stakeholders, campus budgeting, cost controls, and audits using advanced systems such as Proliance and Deltek Costpoint.
- Serve as the central point of contact for financial information requests, ensuring prompt and accurate dissemination of budgetary and cost-related data.
- Oversee financial processes including contract amendments, budget transfers, payment applications, purchase requisitions, and other critical financial documentation.
- Support the development of comprehensive dashboard reports and collaborate closely with the Project Management Office (PMO) to validate and compile critical financial data.
Qualifications:
- Bachelor's Degree in Engineering, Construction Management, Business, or related field, or equivalent experience.
- Minimum of 5-10 years of professional experience in program or project controls within construction projects.
- Solid experience across the full project lifecycle, including cost/schedule management, earned value management, forecasting, and risk assessment.
- Exceptional analytical and problem-solving abilities, with advanced proficiency in Microsoft Office, particularly Excel.
- Strong communication skills with the ability to present complex financial data clearly and effectively to diverse audiences.
- Proven capability to adapt quickly in fast-paced environments, working collaboratively within a team and independently.
Preferred Qualifications:
- Advanced experience with Proliance, Deltek Costpoint, Data-Warehouse, or similar capital program management systems.
- Prior experience managing cost controls in educational facilities or similarly scaled projects.
- Medical/Dental/Vision Insurance
- Life and AD&D Insurance
- 401k Retirement Plan w/company match
- Profit Sharing
- 10 Paid Holidays per year
- 40 hours Paid Sick Leave per year
- 80 hours Paid Vacation per year
- Medical/Dental/Vision insurance eligible after 30 days of full-time employment.
- Vacation and sick time are based on the employee's hire date.
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