Project Cost Control Specialist

 

Mitsubishi Power Inc. in Basking Ridge, New Jersey is looking for a Project Cost Control Specialist

This position is for Mitsubishi Power Americas, New Generation Systems - Environmental Solutions group, collectively referred to as MPW-ES.

SUMMARY

The successful candidate will be an experienced Cost Control professional with advanced Excel skillsets to operate, maintain, and optimize the customized Project Control Reporting systems currently in place for the Mitsubishi Power Americas (MPW), New Generating Systems (NGS), Environmental Solutions group located in Basking Ridge, NJ office.  The candidate will also be responsible for the creation and deployment of a new system for Earned Value Management based on evaluation of past methods and the current needs of the Environmental Solutions P&L center.  The candidate must have excellent communication skills required to coordinate with other departments and interface with multiple platforms including ProjectWise, SAP, CRM, and UKG Dimensions for data acquisition, analysis, and reporting purposes. The position requires close collaboration, interaction, and communication with other team members on regular basis. The Candidate must report to MPW-ES’ office located at 645 Martinsville Rd., Basking Ridge, NJ 07920 in accordance with MPW’s hybrid work policy.

 

 

ESSENTIAL DUTIES & RESPONSIBILITIES

• Update & maintain the monthly Cost & Progress Report files for all active projects.
• Create, update, & maintain Cost & Progress Report files for all new projects utilizing the contract documents, the “as-sold” estimate, and detailed engineering progress for project work scope completed after contract award and in coordination with the project scheduler.
• Coordinate with project teams to obtain, analyze, & report variances associated with budget transfers, change orders, and forecast adjustments as stipulated in the current Change Management Procedure.
• Create a monthly Cost File.  This requires data acquisition from the Accounting Department and exported data from SAP.
• Enter New Orders & Change Orders into the CRM System.
• Update & disseminate Monthly Project Reports, evaluating and reporting progress against the Original Plan.  Updates shall be done on a monthly basis for every active project.
• Maintain the Contract & Proposal Numbers Log: issue New ID Numbers based on approved requests, create the proposal/contract no. in SAP, distribute to the Project Team, and request the project opening in UKG Dimensions
• Create project cash flow curves with Plan, Forecast, & Actuals for all active projects.
• Prepare Cash Flow Curves with Cancellation Schedules for all proposals through direct   coordination with the Estimating & Commercial Departments and the Project Scheduler, as required.
• Review & provide final approval for all vendor payments on all projects, ensuring vendor invoices are valid and in full compliance with PO requirements.
• Perform other such duties as may be required.

 

 

OTHER DUTIES AND RESPONSIBILITIES

• Comply with the company safety policies, practices and procedures reporting all unsafe activities to management and/or Human Resources.
• Participate in team efforts to achieve departmental, project and company goals and KPIs.
• Contribute to building a positive team spirit.
• Communicate effectively with project team members, other departments, and management.