Posted 19h ago

Project Controls Specialist IV - Cost Analyst

@ Owais Construction Group
Los Angeles, California, United States
$140k-$170k/yrOnsiteFull Time
Responsibilities:overseeing budgets, analyzing costs, monitoring forecasts
Requirements Summary:7+ years project controls experience on capital construction programs; advanced Excel and financial modeling; strong analytical, reporting, and communication skills; proficiency with Microsoft Office; preferred experience with e-Builder, DELTEK, Proliance, Power BI/Tableau.
Technical Tools Mentioned:e-Builder, Proliance, DELTEK, Power BI, Tableau, Microsoft Word, Microsoft Excel, Microsoft PowerPoint, Microsoft Outlook, Data Warehousing
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Job Description
Benefits:
  • 401(k) matching
  • Dental insurance
  • Employee discounts
  • Health insurance
  • Paid time off
  • Training & development
  • Vision insurance
Position Description:
  • Oversee the integrity and accuracy of project budgets and forecasts in compliance with approved standard operating procedures.
  • Actively participate in monthly EAC (Estimate at Completion) meetings, ensuring accurate 
    validation, reviewing current EACs, and providing justification for any variances.
  • Contribute to change management discussions by identifying emerging trends, risks, and exposure 
    factors.
  • Engage in Risk Assessment workshops, offering insights on potential financial impacts and 
    identifying mitigation strategies.
  • Conduct thorough cost variance analyses to identify trends and proactively address any potential 
    budget impacts.
  • Continuously monitor trends and associated mitigation plans, comparing projected versus actual
    performance over time.
  • Review project budgets and expenditures, ensuring alignment with diverse funding sources and 
    financial goals.
  • Collaborate closely with schedulers to evaluate cost and schedule performance, identifying cost 
    overruns, delays, and variances in planned versus actual expenditures.
  • Review and analyze monthly cost reports and progress reports to ensure alignment with project 
    financial objectives.
  • Analyze staffing plans to identify potential cost impacts, such as excessive peaks, and provide 
    recommendations for optimizing resource allocation.
  • Validate cost coding and budget allocations for contract change orders and amendments, assessing 
    potential impacts on project timelines and financials.
  • Ensure that contracts, purchase orders, task order, change orders, and amendments are accurately 
    budgeted and reported, with proper cost coding and financial oversight.
  • Enforce cost management policies and procedures for capital projects, especially those with 
    multiple funding sources.
  • Allocate Estimate to Complete (ETC) amounts as required for PBA (Project Budget Adjustments), 
    change orders, and other financial adjustments.
  • Manage and monitor ETCs for each project to ensure timely and accurate tracking of financial 
    changes.
  • Create comprehensive reports related to budgeting, cost control, auditing, and asset tracking, 
    utilizing systems like e-Builder, Proliance, DELTEK, and other relevant platforms used by the 
    Program Management Office.
  • Work closely with Project Managers and Construction Managers to maintain data coding structures, 
    project control tools, and high-quality data for budgets, contracts, change orders, trends, and 
    actual costs.
  • Conduct budget and financial reconciliations, ensuring alignment between project forecasts, 
    expenditures, and actual costs. Address discrepancies and implement corrective actions as 
    necessary.
  • Support management with the preparation of regular budget and cost reports, ensuring clarity and 
    accuracy.
  • Assist with preparing regular and ad hoc reports on project budgets, financial status, and 
    forecasting for senior leadership.
  • Provide support for weekly/monthly cost and status reports, keeping project teams informed of 
    financial performance.
  • Perform necessary data entry tasks related to budget and forecast updates.
  • Develop and maintain change management logs in accordance with established processes and 
    procedures.
  • Travel to offsite project locations as required.
  • Undertake additional duties and special projects assigned
Minimum Required Qualifications:
  • 7 - 10 years minimum recent professional experience in project controls, particularly on a
    capital construction program.
  • Strong analytical capabilities, with the ability to organize and interpret complex financial data.
  • Proficiency in financial modeling and advanced Excel functions.
  • Exceptional attention to detail, ensuring accuracy in data analysis and reporting.
  • Advanced problem-solving skills and a strategic approach to financial management.
  • Ability to communicate complex financial concepts clearly to non-financial stakeholders.
  • Proven track record of working independently and meeting tight deadlines.
  • Strong business acumen and understanding of organizational financial goals and 
    objectives.
  • Comfortable working in a fast-paced, dynamic environment.
  • Proficiency in using Microsoft Office applications, including Word, Excel, PowerPoint, and 
    Outlook, and the ability to perform tasks such as creating documents, analyzing data, 
    preparing presentations, and managing emails efficiently is expected
Additional Preferred Experience:
  • Advanced proficiency with program management software including e-Builder, DELTEK, Proliance, 
    and other related platforms, with demonstrated ability to leverage these tools for complex cost 
    management, project tracking, and data reporting.
  • Expertise in business intelligence and analytics tools, specifically Power BI and/or Tableau, for the 
    creation of comprehensive, real-time cost reports, dashboards, and visualizations that facilitate 
    strategic decision-making.
  • Hands-on experience with Data Warehousing solutions, demonstrating the ability to integrate and 
    manage large volumes of financial and project data for analytical purposes and reporting.
  • Strong understanding of cost control and budgeting principles within the context of large-scale 
    projects, with a proven track record of utilizing specialized software to streamline cost analysis, forecasting, and variance reporting.
  • In-depth knowledge of project management methodologies and the ability to collaborate with 
    cross-functional teams to develop and maintain accurate project cost baselines, financial 
    projections, and cost forecasts.
  • Demonstrated ability to integrate multiple data sources from various project management and 
    financial systems to create cohesive and accurate financial reports for stakeholders.
  • Ability to troubleshoot and resolve system integration issues across project management software 
    and financial reporting tools, ensuring seamless data flow and accuracy in financial reporting
Required Education: 
  • BS/BA Degree in Business Administration, Engineering, Project Management, Construction
    Management, and/or related degree. 
  • Additional four years of qualifying experience in 
    excess to the minimum stated above may be substituted in lieu of formal education.

Compensation: $140,000.00 - $170,000.00 per year

ABOUT US

Owais Construction Group is a construction management company with over 20 years of combined experience. Our team of construction management experts brings together expertise in construction, engineering, architecture, and inspection. Through meticulous coordination, communication, and attention to detail, our construction management team streamlines the construction process, minimizes risks, and delivers exceptional results. 
 

Join Our Team

At Owais Construction Group, we value expertise, innovation, and a commitment to excellence. Join our team of skilled professionals where you'll have the opportunity to contribute to impactful projects, grow your career, and be part of a collaborative work environment dedicated to achieving success.