NiSource · 4 days ago
Sr. Project Cost Analyst
ValparaisoIN-TDISC-1059Joliet
Full-time
Onsite
Mid, Senior Level
$97K/yr - $145K/yr
4+ years expNiSource is a public utility company, and they are seeking a Sr. Project Cost Analyst to manage project costs throughout the project life cycle. The role involves developing cost management strategies, estimating project costs, and performing cost analysis to ensure effective budget management.
BiofuelEnergyNatural Resources
No H1B
Responsibilities
Utilizes organized project work elements for enhanced project estimating and budgeting in assigning more accurate planned value. Applies WBS attribute proficiency to integrate project baseline elements to provide an optimum, achievable project plan. Performs more effective earned value criteria (EV) to enable enhanced parametric forecasting. Provides quick turnaround of project work performance data to enable maximum time for implementation of corrective action
Ensures estimate and budget quality management in accordance with project management industry standards. Ensures developing cost analysis quality and cost analysis quality. Utilizes cost quality control metrics and apply cost measurement inspections to drive effective cost control
Applies cost risk management to the development of the project cost estimate and integrate estimate uncertainty with project risk. Quantifies risk response to more effectively forecast cost performance
Assists in contract commercial management, facilitates contract payments, conducts contract performance assessment and reporting and initial contract performance analysis and contract commercial forecasting. Performs contract reviews relative to payment requirements and supporting documentation
Applies core project cost management expertise
Reviews and coordinates the management and utilization of project initiation, project planning, project controls guideline and project controls related standards, project controls management processes, job aids and tools
Integrates cost management with core project controls (schedule management, scope management) to drive core objective performance
Manages cost effort
Tailors cost management processes
Tailors/creates cost management tools / techniques to advance cost performance
Utilizes cost estimating to validate contractor initial estimates, forecasts, and estimates at completion. Manage the Basis of Estimates
Develops/applies proficiency in project cost budgeting and cost base lining
Processes labor timesheets, invoices, and other submittals associated with contract labor; code invoice details for Nature of Expenses, Work Breakdown Structure and Cost Budgeting System codes; Assist Project Managers and Cost Budget Analysts in the accrual process
Evaluates manpower, labor hours, and labor cost requirements versus budget limitations and perform cost and schedule analysis
Maintains/manages project Estimate at Completion
Works to implement cost preventive action
Performs standard project and special project cost reporting as required by the project stakeholders; compiles and produces cost reports as required and directed
Applies proficiency in schedule management processes and the impact of project planning and scheduling on cost management. Utilizes planning and scheduling proficiency; Analyzes project schedules and the impact of schedule on cost. Applies critical path methodology and schedule risk management to develop schedule forecasting proficiency and ability to determine estimate completion date (ECD) competence and integrate schedule risk into cost impact
Applies proficiency in core integration; scope, cost, and schedule
Applies product life cycle costing competence
Assists the project management team, Major Project managers, Director, and other relevant stakeholders in retrieving cost management information and reporting
Engages project stakeholders to optimize cost planning and cost control
Applies proficiency in effective communication and assessing project stakeholders for their core and special cost reporting, cost assessment, and cost analysis needs and provide those stakeholders with optimum communication, information, and reporting
The Project Cost Analyst will manage in accordance with Industry standards, the NiSource Project Management Guidelines and Standards, and industry best practices
Qualification
Required
Bachelor's Degree
4-6 years of experience working in Microsoft Excel, or equivalent software program, with responsibilities for data manipulation, integration and subsequent report generation
Additional qualifying experience in excess to the minimum stated above may be substituted for the required education on a year for year basis
Expanded knowledge base in project estimating, project budgeting, earned value management, project planning and scheduling
Expanded comprehension in project controls guidelines, standard, processes, and job aids
Manages project stakeholders using cognitive ability, personal effectiveness, innovation, value based decision-making, integrated communication (soft and hard skills); conflict resolution, and team work
Must possess exceptional communication skills
Ability to collaborate with and communicate to all levels of personnel in the organization
Ability to work independently
Excellent working knowledge of Microsoft Excel
Ability to build project budgets
Expanded proficiency in project scheduling software and integration of project controls information
DL NUMBER - Driver License, Valid and in State Upon Hire
Authorized to work in the United States without requiring sponsorship
Preferred
Experience in large industrial Capital Project environments
Company
NiSource
NiSource helps energize the lives of its nearly 4 million natural gas and electric customers across seven states.
5001-10000 employees
Funding
Current Stage
Public CompanyTotal Funding
$2.6B2025-10-31Post Ipo Equity· $1.5B
2023-06-08Post Ipo Debt· $750M
2022-06-10Post Ipo Debt· $350M
Leadership Team
Lloyd M. Yates
President and Chief Executive Officer
Recent News
2025-11-01
2025-10-31
Company data provided by crunchbase