Cost Control Analyst I

The Cost Control Analyst I position helps support Portfolio Management by providing key project controls input. The Cost Control Analyst communicates with project teams and other stakeholders 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

• Participate in development of work breakdown structures based on approved estimates to initiate and update projects funding authorizations.
• 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 information.
• Maintain department procedures
• Monitor and verify project invoices, partial estimates and ensure accurate and timely 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.

• 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.
  

• Bachelor's Degree.
• Minimum 3 years of related work experience.
• Significant experience managing projects or conducting project analysis, preferred.

• Up to 30% travel primarily within NY State; to NYPA facilities.
• Ability to travel to NYPA facilities to support construction activities and to monitor equipment installations and commissioning for length of time needed.