Project Cost Analyst Staff - TRANSMISSION

Job Posting End Date

08-13-2025

Please note the job posting will close on the day before the posting end date.

Job Summary

The staff role is a technical subject matter expert for cost reporting/analysis within the department and will be responsible for supporting the development and analysis of project cost deliverables through technical guidance, training, and verification. Train project cost analysts so they are able to effectively report on project cost in alignment with project controls standard work.  Administer, maintain security, reporting, maintenance, and daily operation of department cost reporting systems. Support and oversee the input of budgets within the AEP corporate systems, provide ongoing forecast updates and variance analysis at the program and project levels, input and tracking of key performance indicators, and working collaboratively with project teams to implement project management best practices throughout the project lifecycle. Provide communication and develop partnerships with internal and external customers. Develop training, leading continuous process improvement efforts and optimization of tools and processes utilized within the work group. Coordinate with external contractors and vendors to integrate these parties into the overall project budget and schedule. 

Job Description

WHAT YOU'LL DO

Coordinate project meetings and work with project team members on project activities. Support the PM in the preparation and updating of project documentation and planning.

Provide input and guidance to project cost analysts on forecasts of project spending and cash flows, budget variance monitoring, cost tracking/analysis. Provide analysis and verification for Sarbanes Oxley (SOX) activities and assist with providing input to annual budget, capital forecasts, five-year plan and improvement requisitions.

Perform estimate vs. actuals analysis.Develop, recommend and implement plans including scheduling, resource and cost information and control required to address complex problems that require input and efforts of a wide array of entities.

Collaborate with PMs, Project Controls, and other vested parties to perform variance reporting and/or establish original baseline budgets that are time-phased with dates from the system schedule. 

Create project work plans and project breakdown structures.Ensure departmental organizational functions are completed using best practices. This may include tracking, analyzing, verifying, and submitting information for unvouchered liabilities, keeping project system records current and complete, and coordinating the work order process related to a project from creation of the work order through in-servicing and closing.

Assist in evaluating contracting methods, creating contract requisitions, bidding activities, cost analysis, and cost tracking.Communicate with project team, resources, and other internal and external stakeholders on various budgetary items. Work with others in both supplying information and seeking assistance as necessary.Works independently in resolving complex problems.

Make technical decisions based on calculated risks without management review. Perform assignments demonstrating technical knowledge and analytical techniques to solution of problems or analysis.

Apply problem solving skills to resolve technical problems and initiate solution techniques.Provide direction to project teams in the development of Key Performance Indicators (KPIs) that are measurable outcomes (scope, budgeting, schedule performance, cost performance, forecasting, etc.)

Direct and guide the administration of the AEP project/work management organizational standards and assist in the management of projects to those standards.

Adhere to the guidance and standards put forth by the AEP Project Management Governance Committee.

Provide training and guidance to lower level employees as appropriate and serve as a subject matter expert. Ability to mentor, develop, and guide lower level PC Analyst through a training plan if appointed as mentor/trainer by supervision.

Validation that training is complete and is being applied.Recommend improvements that enhance the role, project performance, and AEP's performance in regard to service and product delivery as well as environmental and community stewardship.

Negotiate and direct the work with all key contractors, vendors, suppliers, associated with the programs and projects to obtain all project performance related data and integrate into a total project performance analysis.Own the project cost standard work processes; leading the development, review, and implementation.

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