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Associate Project Cost Analyst

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Pepco

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Location:
United States , Mays Landing, New Jersey

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Category:

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Contract Type:
Not provided

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Salary:

59200.00 - 81400.00 USD / Year

Job Description:

Provide project controls cost engineering support to Directors, Manager of Projects, Project Managers, Sr. Project Cost Analysts, Project Cost Analyst, contractors and other key team members. Assist in the development and monitoring of annual budgets, actual and forecasted costs, and Long-Range Plans for transmission, substation, distribution, and gas projects and programs. Utilize multiple existing Exelon systems to support current and future work with respect to budgeting, financial forecasting, actual cost tracking, project authorization, work management, contract management, and material tracking. Provide analytical and operational support to the business unit. Support the preparation of comprehensive reports to support business operations including reauthorization risk, forecast accuracy by Sr. Project Cost Analysts, Project Cost Analyst, and Project Managers, program and department, CIAC forecast and analysis, contingency released and remaining, and others as requested. Position may be required to work extended hours, including 24 x 7 coverage during storms or other energy delivery emergencies.

Job Responsibility:

  • Attend required meetings and reach out to project stakeholders for detailed project information. Identify project/program budget, forecast, and authorization issues early and assist in developing resolutions to meet project metrics
  • Assist in the development and continued monitoring of the budgets and LRPs for transmission, sub-station, distribution, and gas projects and programs. Monitor, track, and report project budgets, forecasts, accruals, and actuals
  • Track project and program financial risks and opportunities and provide detailed analysis of variances to budget, quarterly plan, and month over month variance analysis. Support project management at resulting financial challenge meetings
  • Develop, organize, and present project and program performance reports for both internal and external use. Participate in monthly forecasting and accrual meetings with Sr Project Cost Analysts, Project Cost Analysts and Project Managers
  • Participate in monthly forecasting and accrual meetings with Sr. Project Cost Analysts, Project Cost Analyst, and prepare monthly project accruals and journal entries for project manager review and submittal to Finance department before submittal to Finance group. Reporting variances and issues to both the project management and project controls leadership as applicable
  • Analyze project actual and forecast data accuracy to ensure compliance with annual internal and external Sarbanes Oxley Audits
  • Provide support to Sr. Project Cost Analysts, Project Cost Analysts, and Project Managers for presentations and forms required for project authorization.

Requirements:

  • Bachelor's degree in Business, Engineering or other related field AND 0 - 2 years relevant business experience, or in lieu of Bachelor's degree, a minimum of 4 - 8 years relevant experience is required
  • Basic proficiency in standard software applications (e.g., Microsoft Word, Excel, Access, PowerPoint, Microsoft Project), business technologies and specialized business applications used to perform/support project management, business modeling, forecasting, work management, etc (e.g., PassPort, Brio, CIS, EPS, Business Objects, SAP)
  • Ability to provide basic analysis and apply managerial accounting concepts, forecasting, financial, accounting, business and budget analysis
  • Basic analytical skills for project evaluation including economic, financial, risk and decision analysis of departmental projects
  • Customer driven with good oral and written communications skills and basic analytical, problem solving and project management skills.

Nice to have:

  • Financial degree
  • 1-2 years project cost tracking experience in electric/gas transmission, distribution and substation industry
  • Advanced proficiency in standard software applications (e.g. Microsoft Word, Excel, Access, PowerPoint , Project), specialized business technologies and applications used to perform/support project management, business modeling, forecasting, work management, etc. (e.g project management, WPT, Asset Suite 8, CIS, EPS, forecasting and PowerBI).
What we offer:
  • Annual Bonus for eligible positions: 7%
  • 401(k) match and annual company contribution
  • Medical, dental and vision insurance
  • Life and disability insurance
  • Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave
  • Employee Assistance Program and resources for mental and emotional support
  • Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement
  • Referral bonus program.

Additional Information:

Job Posted:
January 13, 2026

Employment Type:
Fulltime
Work Type:
Hybrid work
Job Link Share:

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