Full Job Description
Function works in collaboration with OSG PM leadership and/or project managers performing cost control duties to support KPI/project deliverables and provide accurate regulatory and financial reporting.
What You Will Do
Essential Duties and Responsibilities:
• Collaborating with OSG PM leaders and project managers to track and monitor project spending by:
• Creating and updating forecast cost reports including monthly, current, and future year spend (where applicable), estimates to complete (ETC) and estimates at completion (EAC); update cost reporting tools and other reports as required (i.e., KMBF forecasting tool, QBR, MPR, etc.).
• Identifying mitigation measures for resolution of supplemental funding requests, including reviewing invoices and/or changes orders and communicating with vendors for resolution of outstanding invoice and/or accrual issues, as needed.
• Identifying cost overruns and monitoring contingency and project completion dates; submitting project completion reports as needed.
• Reviewing project costs for compliance with regulatory, company/department guidelines, processes, and procedures. Examples include proper classification of project costs in accordance with generally accepted accounting principles (GAAP) and/or federal energy regulatory commission (FERC) where applicable.
• Reporting and analyzing significant cost variances, trends, and irregularities to document primary driver(s).
• Calculating, researching, and helping to ensure accurate project accruals including maintaining adequate documentation, as required.
• AFE/PRN write-ups including monitoring through review and approval process.
• Developing ancillary and ad-hoc reports, as needed to generate OSG KPI reports and support project related data requests for participation in periodic cost review meetings with various members of the OSG PM management team and and/or their leadership.
• Participating in management led budget and forecast meetings, as required.
• Participating in and completing occasional special projects as assigned including (but not limited to) on-site project support, if required.
What You Need
Education
• Bachelor's Degree in Accounting, Finance, Business Management or Engineering or applicable experience.
Competencies, Skills, and Abilities:
• Strong aptitude in the financial and cost areas related to project cost controls including a solid understanding of generally accepted accounting principles.
• Understand and help ensure compliance with requirements of Sarbanes-Oxley (SOX) internal controls.
• Outstanding analytical skills and a strong attention to detail for producing an accurate work product.
• Highly competent with Microsoft Excel.
• Demonstrated ability to anticipate and balance needs of multiple stakeholders including managing multiple projects with competing deadlines.
• Independent worker with good organization skills.
• Exceptional communication skills including demonstrated ability to create and maintain productive relationships with teammates and other internal customers.
• Experience working with Project Managers in the areas of cost control, forecasting, accruals, and various report creation.
• Familiar with Lawson (or other ERP system) to assist in data analysis.
• Occasional overtime required to meet critical deadlines and handle special project assignments.
*Job level will be commensurate with experience and skill set.
