PPG - Senior Cost Control Specialist Job at QISG, Paramus, NJ

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  • QISG
  • Paramus, NJ

Job Description

PPG is a sister company of QISG under the parent Quanta Services, Inc.  This posting is for a direct hire position of Phoenix Power Group and is solely for the purpose of Phoenix Power Group.
Phoenix Power Group Inc. (PPG) is a leading Construction Services Company providing Engineering, Procurement and Construction (EPC) services specializing in the installation of utility and industrial process infrastructure including substations, power generation, industrial process facilities, and renewable fuel projects in North America. PPG is a subsidiary of Quanta Services Inc., the largest specialty contractor in North America, providing large single-source solutions and leading the industry in its ability to deliver a collective scope of services, expertise and manpower. 

PRIMARY FUNCTIONS
The Sr. Cost Specialist will be responsible for assisting the Project Managers, Operations Directors, and other project team members with all facets of project cost. Key to this role will be the ability to effectively liaise between Project Management, Project Controls, and Project Accounting regarding Cost Analysis functions to ensure appropriate information sharing and risk/performance management. The Sr. Cost Specialist will be responsible for effectively capturing, tracking, and measuring a broad range of project scheduling, progress, manpower, productivity data, budget, and cost information to satisfy PPG monthly close, and client reporting requirements.  Work assignments may include multiple concurrent projects. While not otherwise involved in project-specific work, the Sr. Cost Specialist will support other project and proposal efforts. This position will be expected to guide and transfer knowledge to junior project controls individuals as needed.
The Sr. Cost Specialist understands Cost Analysis functions, with responsibilities as follows:
General Project Controls Duties
  • Assist with staff development in project controls processes and procedures
  • Adheres to internal standards, policies, and procedures
  • Supports internal and external audits
  • Responsible for ad hoc requests and inquiries, as required
Cost Control Duties
  • Establish, maintain, and update cost control budgets, actuals, and forecasts within PPG cost control system via Cost Breakdown Structure (CBS)
  • Prepares, manages, and updates project budgets, budget transfers, through the Prime and Subcontract change management process (including change logs)
  • Supporting project change processes by helping to create, review and track project deviation notices and variations
  • Manage impact of changes & trends with discipline leads and project management
  • Actively manage cost forecast; raise and facilitate the trend process; updates to forecast and cost flow
  • Manage 3 rd part subcontractor budgets, commitments, actuals and forecasting
  • Manage material and equipment vendor budgets, commitments, actuals and forecast, including tracking cancellation clauses
  • Developing, reviewing and validating data with discipline leads for cost reporting data, incurred cost, earned value and forecast
  • Communicate with project team, receiving regular status and forecast updates
  • Quality Control (QC) and analysis of project controls deliverables including Estimate at Completion (EAC) changes
  • Develop and maintain professional services staffing plans
  • Calculate, explain, and report variances, performance, and other project metrics, including Cost Performance Index (CPI), Schedule Performance Index (SPI), Manpower, Progress and Productivity
  • Calculate and explain value of work done and accruals for all aspects of project cost
  • Performs change and risk management responsibilities; identifies, documents, and assists with developing mitigation plans
  • Calculate and forecast project cost risk values and assess against remaining contingencies and allowances
  • Assists in the preparation of Prime Contract progress payment applications
  • Review, code, and enter vendor and subcontract invoices, lien waivers, logs, against contract terms, into PPG accounting system
  • Assimilate project data for monthly or other frequency customer and internal reports; create reporting graphics and tables using Power BI or other graphical software
  • Interface with finance and accounting for understanding and forecasting all revenue and project cost expenditure, revenue recognition, customer invoicing, cash flow and cash calls
  • Ability to be solely responsible for all cost analyst duties on a project or portfolio of projects
Required Experience and Education
  • Bachelor’s degree in Construction Management, Engineering, Business or related field; or Project Controls and industry experience, may be substituted
  • 8 - 15 years of project controls experience with construction projects, specifically in the EPC space
  • JDE and EcoSys experience is a plus
  • Document control and contract administration and management

Job Tags

Full time, Contract work, For contractors, For subcontractor,

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