Pepco Holdings ยท 2 hours ago
Project Cost Analyst
Washington, DC
Full-time
Onsite
Entry, Mid Level
$66K/yr - $91K/yr
2+ years expPepco Holdings is part of Exelon, a leader in energy transformation dedicated to creating a cleaner and brighter future. The Project Cost Analyst will provide project controls cost engineering support, assisting in budget development and monitoring for various projects, while analyzing financial risks and opportunities to ensure project success.
EnergyNatural ResourcesOil and GasRenewable EnergySolar
Responsibilities
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. (25%)
Assist in the development and continued monitoring of the budgets and LRPs for transmission, sub-station, distribution, and gas (PECO and BGE) projects and programs. Monitor, track, and report project budgets, forecasts, accruals, and actuals (20%)
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. (15%)
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 and Project Managers. (10%)
Participate in monthly forecasting and accrual meetings with Sr. Project Cost Analysts 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. (10%)
Analyze project actual and forecast data accuracy to ensure compliance with annual internal and external Sarbanes Oxley Audits. (10%)
Support the management of the vendor forecasting process which is used as a source of input for both forecasting and accruals by Project Controls. (5%)
Provide support to Sr. Project Cost Analysts and Project Managers for presentations and forms required for project authorization. (5%)
Qualification
Required
Bachelor's degree in Business, Finance, Accounting or Technical Field
2 - 4 years related experience, or in lieu of Bachelor's degree, a minimum of 3 -6 years business experience is required
Comprehensive understanding of applicable standards, methods, processes and practices, business fundamentals, and performance metrics in the specific functional area supported by this position (e.g., asset management, electric or gas operations, customer service, transmission and substation, distribution system operations, regulatory and external affairs, transmission operations and planning)
Ability to provide in-depth analysis and apply forecasting, analytical and statistical problem solving, financial, accounting, and budget analysis
Demonstrated strong analytical skills for project financial evaluation and risk identification and mitigation
Customer driven with strong oral and written communications skills and strong analytical, problem solving and project management skills
Comprehensive knowledge of the financial / cost analyst practices, procedures and principles of performance analysis (trending, root cause and gap analysis) benchmarking and audit compliance
Ability to analyze organizational data and complex problems, interpret and recommend alternative courses of action, and implement intervention strategies to attain performance targets
Demonstrated strong analytical skills for project evaluation including analysis of complex projects with economic, financial, risk and decision analysis
Preferred
Financial advanced degree
2-5 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 (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 present business cases to business unit leadership
Benefits
Annual Bonus for eligible positions: 10%
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
And much more
Company
Pepco Holdings
Largest energy delivery companies in the Mid-Atlantic region It is a sub-organization of Exelon.
Founded in 1896Washington, District of Columbia, USA
5001-10000 employees
H1B Sponsorship
Pepco Holdings has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (7)
2024 (7)
2023 (5)
2022 (6)
2021 (4)
2020 (1)
Funding
Current Stage
Public CompanyTotal Funding
unknown2014-04-01Acquired
1980-03-01IPO
Leadership Team
Joe. Rigby
Chairman, President and CEO
Tyler Anthony
President and CEO
Company data provided by crunchbase