Project Controls Lead Analyst - Cost

Job Number: 6631

External Description:

79810 Project Controls Lead Analyst-Cost

https://jobs.pseg.com/job/Newark-Project-Controls-Lead-Analyst-Cost-NJ-07101/1218768700/

Date: Feb 13, 2025

Location: Newark, NJ, US

Company: PSEG

Requisition:  79810

PSEG Company:  PSEG Services Corp.

Salary Range: $ 88,400 - $ 140,000

Work Location Category: Hybrid Fixed

 

PSEG operates under a Flexible Work Model where flexible work is offered when job requirements allow. In support of this model, roles have been categorized into one of four work location categories:

Onsite are roles that have specific onsite requirements and are typically onsite daily.

Hybrid fixed are roles that are a blend of onsite work/in-person interactions with some ability to work remotely and require employees to live within a commutable distance and be onsite fixed days each week.

 

Hybrid flexible are roles that can be performed remotely but require some level of onsite work/in-person interactions on a regular basis, require employees to live within a commutable distance and, since business needs vary by position and may change over time, managers will set expectations and flexibility regarding where and when work is performed.

Fully remote are roles that can be performed remotely, require employees to live in approved states and will have purpose-driven in-person interactions on occasion.

We want you to be healthy, balanced, and feel secure. That’s why you’ll enjoy a comprehensive range of benefits, with a focus on supporting your whole health. Starting on day one of your employment, you’ll be offered several health-related benefits including medical, vision, dental, well-being and behavioral health programs. We also offer a retirement program, 401(k) with company match, company paid life insurance, tuition reimbursement and a minimum of 18 days of paid time off per year (including vacation, scheduled holidays, and floating holidays).

 

PSEG offers a unique experience to our more than 12,000 employees – we provide the resources and opportunities for career development that come with being a Fortune 500 company, as well as the attention, camaraderie, and care for one another you might typically associate with a small business. Our focus on combatting climate change through clean energy technology, our new net zero climate vision for 2030 and enhanced commitment to diversity, equity, and inclusion; and supporting the communities we serve make this a particularly exciting time to join PSEG.

 

Job Summary

 

The EPMO Project Controls Lead – Cost is responsible for developing and managing IT related project budgets, forecasts and variances from Planning thru Project Closure including account closing for active projects within the EPMO Cost Control Team.  The candidate in this role will utilize their expertise to offer technical/analytical and functional support in the area of project controls.  Candidate will work closely with other internal stakeholders engaged in the cost control process and assist with portfolio reporting.  Additionally, assist and oversee daily operation of contract staff augment resources performing cost control function.  Successful candidate will ensure projects being executed will meet  the baseline schedule/cost review process and are executed with optimal use of both internal and external resources within required timeframes, as well as within budget and scope.  Observe and guide Project team members to ensure adherence to PSEG Policies and Procedures regarding accounting and cost tracking.  The Project Controls Lead Analyst - Cost will report directly to Manager Project Controls IT EMPO .

 

Job Responsibilities

 

• Implement standard cost best practice and processes to ensure IT projects are executed and delivered in accordance with approved client scope and budget.
• Develop, coordinate and maintain cost workbook and updates forecast for cost in alignment with schedule.
• Analyze forecast and plan variances monthly and provide project teams with recommended corrective action to meet target budget
• Recommend Project Management Information System tool enhancements to increase efficiencies.
• Enhance oversight, and increase project cost data quality
• Provide a monthly forecast for projects in accordance with scheduled work
• Notify management when project is going over budget and provide corrective actions, prepare a PCR with all supporting documentation when needed.
• Develop, coordinate and maintain status and variance reporting and executive dashboards for the project financials including performance indices such as CPI, SPI, Earned Value and other Key Performance Indices (KPIs)
• Interact with internal and external stakeholders
• Prepare monthly accruals for project financials
• Reconcile paid invoices with accruals
• Work with and manage Contractor Resources providing Cost Controller function for IT Projects, provide training and oversight
• Provide Roll-up reporting for Project Portfolio, determine root cause and corrective action recommendation for any deviance 
   

Job Specific Qualifications Required

 

• Bachelor’s degree in Business, Engineering, Environmental, Construction and 5 years of experience in Business, Engineering, Environmental, Construction.
• In lieu of a degree a minimum of 9 years of experience in Business, Engineering, Environmental, Construction.
• Experience with ERP system (SAP preferred) or Project Management software
• Demonstrated MS office skills (PowerPoint, Word, Excel)
• Must possess a valid U.S. driver’s license and maintain a satisfactory driving record
• Must have excellent verbal and written communication skills

 

Desired Skills

 

• Project Management  Professional Certification (PMP)
• Demonstrated leadership role in cost control, data management or corporate initiatives
• Microsoft Access

 

Job Number: 79810-1

Community / Marketing Title: Project Controls Lead Analyst - Cost

Location_formattedLocationLong: Newark, New Jersey US