Team Leader Project Cost Analyst

Job Summary
Supervise Cost Analysts in their execution of normal assigned project cost analysis duties. Oversee testing and compliance to assigned SOX controls. Lead monthly multi department reallocation exercises and provide status reporting as necessary. Provide capital variance reporting and explanations to company Executives each month and additionally as required. Supervise the processing of customer CIACs (Contribution in Aid of Construction) and tracking of reimbursable projects.


Essential Functions

• Increase proficiency in cost analysis and integrated cost and schedule forecasting using quantitative risk management tools and techniques (Expected Monetary Value and Sensitivity Analysis) to better predict project cost performance and enable timely corrective, preventive, and predictive action.
• Develop qualitative integrated project baselines that are used to effectively measure project performance and provide the ability to take corrective / preventive / predictive action. Apply the cost of quality to cost management.
• Applies integrated objective risk management to the project baselines to optimize project risk responses.
• Orchestrates contract commercial management, facilitates contract payments, conduct 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 controls expertise.
• Review and coordinate the management and utilization of project management guidelines, project management standards, processes, job aids, and tools.
• Integrates all project management subsidiary systems to improve project performance.
• Directs cost effort.
• Tailors cost management processes.
• Tailors / creates cost management tools / techniques to advance cost performance.
• Provides continuous life cycle cost estimating / forecasting with increased predictability.
• Manages the project budget and cost performance baseline.
• Process 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.
• Evaluate manpower, labor hours, and labor cost requirements versus budget limitations, perform cost and schedule analysis, and make corrective/preventive recommendations.
• Maintains / manages project Estimate at Completion and recommends areas of improvement to project stakeholders.
• Works to implement cost predictive (opportunity) actions.
• Perform standard and advanced project and special project cost reporting as anticipated for the project stakeholders; compiles and produces cost reports as needed.
• Uses schedule analysis techniques to optimize schedule and cost performance; identifies corrective, preventive, and predictive project actions to enhance probability of achieving project objectives.
• Apply integrated project management proficiency in core integration; scope, cost, and schedule
• Optimize product life cycle costing competence.
• Assist the project management team, Major Project managers, Director, and other relevant stakeholders in retrieving cost management information and reporting.
• Applies integrated thinking to cost management that facilitates improved objective performance.
• Utilize communication competence to drive effective project cost decision making.
• The Team Lead Project Cost Analyst will manage in accordance with Industry standards, the NiSource Project Management Guidelines and Standards, and industry best practices.

Required Qualifications For Position

• High School Diploma and eight years of experience working in Microsoft Excel, or equivalent software program, with responsibilities for data manipulation, integration and subsequent report generation. OR
• Bachelor's degree plus 4 years financial / cost management experience
• Experience developing/reviewing project estimates; building project budgets, reading, analyzing project schedules
• Integrated knowledge base in project scope-schedule-cost, and risk-quality management
• Integrated comprehension and application of project management subsidiary guidelines, standards, processes, and job aids
• Integrated proficiency in risk and quality management tools and techniques.
• Leads (situational leadership), inspires, motivates project stakeholders in concert with effective stakeholder management using cognitive ability, personal effectiveness, innovation, value based decision-making, integrated communication (soft and hard skills); conflict resolution, team work, team building
• Manages p