Note: The job is a remote job and is open to candidates in USA. SOLV Energy is a leading provider of infrastructure services to the power industry, and they are seeking a Senior Project Cost Controls Manager to oversee project costs and improve operational efficiencies. The role involves collaborating with various teams to monitor, report, and control project costs across the enterprise while implementing strategies for cost savings and process improvements.
Responsibilities
- The Senior Project Cost Controls Manager reports directly into the Senior Director of Project Controls and works cross-functionally with Accounting, FP&A, Operations Project Management Office (PMO) and Operations team on portfolio cost-control, forecasting and cost reporting, as well as measuring and reporting project earned value analysis
- Utilize project management software and financial tools to analyze project costs, budgets, productivity, and forecasts
- Oversee the budget mapping process, ensuring fiscal responsibility and accuracy across a portfolio of projects
- Develop and maintain cost tracking and reporting systems to ensure accurate financial reporting
- Assist in the development, documentation, and maintenance of internal controls over financial reporting to ensure compliance with the Sarbanes-Oxley (SOX) Act
- Responsible for coordinating, facilitating, and participating in monthly forecast meetings, and delivering Monthly Reporting package
- Collaborate with project managers and other stakeholders to gather cost data and provide insights into cost trends
- Identify opportunities for cost savings and process improvements through data analysis
- Assist in the development of project budgets and forecasts
- Support project teams in understanding and interpreting cost data to make informed decisions
- Build data models to assist pre-construction, and estimating teams leading to improved budgets, and estimates
- Implement an earned value management system to improve project cost management and Identify business risks early
- Contribute to lessons learned sessions and root cause analysis for improvement, mitigate risk and enhance project cost management processes fostering a culture of continuous improvement within the organization
- Improve and maintain our EPC project analytics system
- Utilize statistical and project controls analysis methods to continually improve and optimize project analysis processes
- Set up meetings with Operations Teams to innovate and improve processes related to project cost analysis
- Provide data analytics support to all business units, leveraging advanced data visualization tools to uncover insight and optimize decision making processes across the organization
- Develop a system with data quality measures to generate reporting for accounting purposes, enabling the identification of incorrect coding for journal corrections
- Actively engage in field improvements by going out to the field to understand struggles, work on solutions, build trust, and be seen as a resource for project teams. Contribute to forward thinking project selection and innovation discussions
- Implement predictive analytics models to forecast future project cost based on historical data and key project parameters enabling proactive cost management strategies
- Conduct detailed analysis, providing insights on spend trajectory and identifying areas for optimization
- Help identify key risks where projects could fail, and ways to stress-test them as quickly as possible
- Grow analytics expertise around you, upskilling your team, analysts, and others, to increase overall team impact
- Train and supervise analysts to ensure efficient and effective project cost analysis
Skills
- Strong technical proficiencies with project management principles including change management, commitments, budgeting, monthly forecasting, and management software including CMiC
- Experience partnering with internal stakeholders to identify objectives and work cohesively together to complete identified objectives
- Strong communication skills, including virtual conferencing
- Experienced in Microsoft Excel
- Data driven and analytical mindset
- Strong data management skills and creativity in business problem solving
- Detail-oriented, motivated self-starter
- Ability to travel as needed to successfully fulfill responsibilities and duties
- Applicants must be legally authorized to work in the U.S. without requiring employer sponsorship now or in the future
- Bachelor's degree and minimum of 10+ years of directly comparable experience in construction cost management preferred
Benefits
- Employees (and their families) are eligible for medical, dental, vision, basic life and disability insurance.
- Employees can enroll in our company’s 401(k) plan
- Are provided vacation, sick and holiday pay.
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