New York Power Authority

Project Cost Control Analyst

New York Power Authority$81K — $111K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree required.
  • 3+ years of relevant work experience essential.
  • Strong project managing or project analysis experience preferred.
  • Proficient in Microsoft Office, especially Excel.
  • Knowledge of cost management principles and industry advancements required.

Responsibilities

  • Prepare invoices in SAP to support billing functions.
  • Conduct routine account and system reconciliations to ensure accuracy.
  • Maintain organized billing records and resolve discrepancies efficiently.
  • Support monthly performance reporting and budget tracking.
  • Act as liaison for project teams regarding financial matters.
  • Monitor project invoices and verify timely payments.
  • Assist in processing change orders and claims for additional work.

Benefits

  • Hybrid work environment.
  • Opportunity for up to 30% travel within NY State to support projects.
  • Engagement in meaningful projects within the energy sector.
Full Job Description
Summary

The Project Cost Control Analyst supports the billing function within the Project Cost Controls group by assisting with high-volume monthly invoicing, ensuring accuracy, and helping the team meet the department's 14-day turnaround requirement.

Responsibilities include preparing invoices in SAP, performing routine account and system reconciliations, maintaining organized billing records, and assisting in resolving discrepancies for internal and external stakeholders. The position also contributes to monthly performance reporting, budget tracking, and data organization using Excel, while maintaining up-to-date client billing records, payment histories, and project hour tracking. #LI-AE1 #LI-Hybrid

Responsibilities

  • Participate in development of work breakdown structures based on approved estimates to initiate and update projects funding authorizations.
  • Develop and update project cash flow reports, variance reports and monthly accrual reports.
  • Assist Project Owners with cost information in preparation of Trustee Items, and development of the itemized pricing section for bid specification.
  • Act as the point of contact for project teams for all matters regarding project financials.
  • Ensure that the team is following best practices for project cost management.
  • Interface and coordinate with stakeholders, both internal and external, on all cost information.
  • Maintain department procedures
  • Monitor and verify project invoices, partial estimates and ensure accurate and timely payments.
  • Assist in processing Additional Work Authorization Change Orders, Claims, etc.
  • Coordinate cost updates with project schedules for monitoring the progress of the project and analyzing the effects schedule change has on project cash flow and milestone dates.


Knowledge, Skills and Abilities

  • Ample experience using Microsoft Office tools such as Excel, Word, Outlook, Project experience is preferred.
  • Ability to provide all cost control support for assigned projects with minimum supervision.
  • Must be aware of cost management principles and fundamentals, and is responsible for keeping up with changes and advancements in the industry.
  • Excellent interpersonal and time management skills.
  • Ability to focus on the results of data and data analysis.
  • Ability to communicate complex data and processes to stakeholders who may be less familiar.
  • Strong project cost control skills.


Education, Experience and Certifications

  • Bachelor's Degree.
  • Minimum 3 years of related work experience.
  • Significant experience managing projects or conducting project analysis, preferred.


Physical Requirements

  • Up to 30% travel primarily within NY State; to NYPA facilities.
  • Ability to travel to NYPA facilities to support construction activities and to monitor equipment installations and commissioning for length of time needed.

Military Occupational Specialty Codes
MOS - Army:
MOS - Marines:
MOS - Navy:

The New York Power Authority is committed to providing fair, competitive, and market-informed compensation. The estimated salary range for this position is: $81,000 - $111,100. The salary offered will be determined based on the successful candidates' relevant experience, knowledge, skills, and abilities.

About New York Power Authority

The New York Power Authority (NYPA) is a public power organization that provides electricity to customers throughout New York State. The organization was established in 1931 and is headquartered in White Plains, New York. NYPA operates a large fleet of power plants, including hydroelectric, natural gas, and oil-fired facilities. The organization also operates a transmission and distribution system that delivers electricity to customers across the state. NYPA is committed to promoting energy efficiency and renewable energy, and has implemented a number of programs to help customers reduce their energy consumption and carbon footprint.
Learn more about New York Power Authority
Size
1,900 employees
Industry
Founded
1931

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