Project Cost Control Analyst (00494)
Newark, NJ
Mid-Atlantic – Operations /
Full-Time /
Hybrid
The Project Cost Control Analyst provides advanced cost management support across project phases, including planning, execution, and closeout. This position is responsible for developing and maintaining cost control systems, supporting budgeting and forecasting, performing cost analyses, and preparing reports to guide decision-making. The role also includes stakeholder communication, cost reporting, and identification of cost-saving opportunities. A strong grasp of cost and schedule integration, project controls systems, and data interpretation is essential. This role requires independent execution of moderately complex tasks and collaboration with cross-functional teams.
Organizational Responsibilities
- Develops and implements cost control procedures, documents, and tools to support and enhance project budget management.
- Reviews and applies contract documents to define cost obligations and align deliverables.
- Prepares and maintains summary and detailed cost progress reports, incorporating early, late, and planned cost calculations.
- Prepares and maintains project cost cashflow and project cost forecasts.
- Performs cost analysis to identify trends and deviations, including cost underruns and overruns.
- Incorporates progress data into cost updates and develops corrective recommendations.
- Applies target estimates and pinpoints drivers of project cost variances.
- Supports development of what-if analyses to assess cost impacts.
- Develops insightful and well-structured cost reports for internal and external stakeholders.
- Supports project managers, contractors, and stakeholders to ensure adherence to budgets and timelines.
- Other duties as assigned.
Position Qualifications
- Bachelor’s degree in engineering, construction management, finance, or related field.
- 5+ years of experience in project controls, cost engineering, or cost control scheduling.
- Proficiency with cost management software and advanced Excel skills.
- Strong written and verbal communication and stakeholder engagement skills.
- Demonstrated ability to manage multiple projects and deadlines.
- An equivalent combination of education, experience, and training that provides the required knowledge, skills, and abilities will be considered in lieu of stated minimum qualifications.
$100,500 - $117,000 a year
The salary range for this position is $100,500 - $117,000.
A hired employee will be placed within this salary range based on a variety of legitimate business reasons, including but not limited to the individual’s scope of relevant experience and geographic location.
