PEPCO E03 Sr. Project Cost Analyst
- Washington, DC
At Exelon, we've got a place for you!
Join the nation's leading competitive energy provider, with one of the largestelectricity generation portfolios and retail customer bases in the country. Youwill be part of a family of companies that strives for the highest standards ofpower generation, competitive energy sales, and energy delivery. Our team ofoutstanding professionals is focused on performance, thought leadership,innovation, and the power of ideas that come from a diverse and inclusiveworkforce.
Exelon will provide you the tools and resources you need to design, build andenhance a successful career. We are also dedicated to motivating the success ofour employees through competitive base salary, incentives, and health andretirement benefits.
Join Exelon and share your passion at a forward-thinking Fortune 100 company.Establish yourself in a place where you can truly shine and create a brighter,more sustainable tomorrow. Energize your career at Exelon!
PRIMARY PURPOSE OF POSITION
Provide project controls cost engineering support to Directors, Manager ofProjects, Project Managers, contractors and other key team members. Develop andmonitor the annual budgets, actual and forecasted costs, and Long Range Plansfor transmission, substation, distribution, and gas (PECO and BGE) projects andprograms. Utilize multiple existing Exelon systems to support current andfuture work with respect to budgeting, financial forecasting, actual costtracking, project authorization, work management, contracts, and materialtracking. Provide broad analytical and operational support to the businessunit. Prepare comprehensive reports to support business operations includingreauthorization risk, forecast accuracy by Project Managers, program anddepartment, CIAC forecast and analysis, contingency released and remaining, andothers as requested.
Utilize WPT to create PAR forms, ITNs, Project IDs, and update financial plantypes. Coordinate project authorization process including updating decks forall centrally managed projects. Schedule and run monthly project status calls.Track and manage In - Service Dates and Project Aging PIs.
Position may be required to work extended hours, including 24 x 7 coverageduring storms or other energy delivery emergencies.
PRIMARY DUTIES AND ACCOUNTABILITIES
Manage project forecasting, accrual, and status process. Attend requiredmeetings and reach out to project stakeholders for detailed projectinformation. Identify project/program budget, forecast, and authorizationissues early and assist in developing resolutions to meet project metrics.
Assist in the development and continued monitoring of the budgets and LRPs fortransmission, sub-station, distribution, and gas (PECO and BGE) projects andprograms. Monitor, track, and report project budgets, forecasts, accruals, andactuals
Manage project and program financial risks and opportunities and providedetailed analysis of variances to budget, quarterly plan, and month over monthvariance analysis. #CD# Support project management at resulting financialchallenge meetings.
Develop, organize, and present project and program performance reports for bothinternal and external use.
Schedule and facilitate monthly forecasting and accrual meetings and preparemonthly project accruals and journal entries for project manager review andsubmittal to Finance department before submittal to Finance group, reportingvariances and issues to both the project management and project controlsleadership.
Analyze project actual and forecast data accuracy to ensure compliance with annualinternal and external Sarbanes Oxley Audits.
Manage the vendor forecasting process which is used as a source of input forboth forecasting and accruals by Project Controls.
Provide support to Project Managers for presentations and forms required forproject authorization.
Academic/Formal Training: Bachelor's degree in Business or Technical Field.
Job Related/Experience: 5 - 8 years related experience, or in lieu of Bachelor'sdegree, a minimum of 9 - 12 years relevant business experience is required.
Specialized Skills, Knowledge, License Requirements/Registrations, Etc. :
• Comprehensive understanding of applicable standards, methods, processes andpractices, business fundamentals, and performance metrics in the specificfunctional area supported by this position (e. g. , asset management, electricor gas operations, customer service, transmission and substation, distributionsystem operations, regulatory and external affairs, transmission operations andplanning).
• Ability to provide in-depth analysis and apply forecasting, analytical andstatistical problem solving, financial, accounting, and budget analysis.
• Demonstrated strong analytical skills for project financial evaluation andrisk identification and mitigation.
• Customer driven with strong oral and written communications skills and stronganalytical, problem solving and project management skills.
• Comprehensive knowledge of the financial / cost analyst practices, proceduresand principles of performance analysis (trending, root cause and gap analysis)benchmarking and audit compliance.
• Ability to analyze organizational data and complex problems, interpret andrecommend alternative courses of action, and implement intervention strategiesto attain performance targets.
• Demonstrated strong analytical skills for project evaluation includinganalysis of complex projects with economic, financial, risk and decisionanalysis.
5-8 years project costtracking experience in electric / gas transmission, distribution, andsubstation industry
Advanced proficiency in standard software applications (e. g. , Microsoft Word,Excel, Access, PowerPoint, Project), specialized business technologies andapplications (e. g. project management, WPT, Asset Suite 8, CIS, EPS,forecasting) to retrieve and analyze data in support of business needs
Proficient in business case development and ability to effectively presentbusiness cases to business unit leadership.
This is an individualcontributor position that works independently with only general direction,relying on knowledge skills and judgment acquired through education andrelevant experience to plan and accomplish assigned tasks and goals. Theposition regularly mentors less experienced colleagues.
Position requires routine interaction with key internal andexternal stakeholders, executives, directors, managers and staff across theorganization.
May require working extended hours and/or shift work tosupport business operations.
Exelon is proud to be an equal opportunity employer andemployees or applicants will receive consideration for employment withoutregard to: age, color, disability, gender, national origin, race, religion,sexual orientation, gender identity, protected veteran status, or any otherclassification protected by federal, state, or local law.
VEVRAA Federal Contractor
EEO is the Law Poster
Back to top