Job Description
Job Description
Project Controls Analyst
Job Summary
We are seeking a highly motivated and detail-oriented Project Controls Analyst to join our construction team. The successful candidate will play a critical role in supporting Project Managers by providing comprehensive weekly analysis of project revenue generation and cost performance. This position requires a strong understanding of construction project lifecycles, excellent analytical skills, and the ability to translate complex data into actionable insights.
Responsibilities
- Weekly Financial Analysis:
* Prepare and distribute weekly project financial reports, including revenue recognition, cost incurred, and budget vs. actual variance analysis.
* Monitor and track project expenditures against approved budgets, identifying potential overruns or savings opportunities.
* Analyze project profitability and cash flow on a weekly basis, providing early warnings for deviations.
* Collaborate with accounting and finance teams to ensure accurate and timely financial data integration.
- Cost Control & Forecasting:
* Develop and maintain detailed cost forecasts, incorporating changes, risks, and opportunities.
* Assist Project Managers in developing and managing project budgets, including labor, materials, equipment, and subcontracts.
* Track and analyze change orders, ensuring proper documentation and financial impact assessment.
* Implement and maintain cost control procedures and best practices.
- Scheduling & Progress Monitoring:
* Support the development and maintenance of project schedules, including critical path analysis.
* Monitor project progress against baselines, identifying delays and recommending corrective actions.
* Prepare progress reports and earned value analysis (EVA) to assess project performance.
- Reporting & Communication:
* Generate custom reports and dashboards to meet specific Project Manager needs.
* Present financial and performance data clearly and concisely to Project Managers and other stakeholders.
* Facilitate weekly project review meetings, providing data-driven insights and recommendations.
- System & Process Improvement:
* Identify opportunities to improve project controls processes, tools, and systems.
* Ensure data integrity and consistency across all project control systems.
* Stay updated on industry best practices and emerging technologies in project controls.
Qualifications
- Bachelor's degree in Construction Management, Engineering, Finance, Accounting, or a related field.
- Minimum of 3-5 years of experience in project controls, cost control, or financial analysis within the construction industry.
- Strong proficiency in project controls software (e.g., Primavera P6, Microsoft Project, Procore, CMiC, or similar).
- Advanced Excel skills (pivot tables, VLOOKUPs)
- Solid understanding of construction accounting principles and financial reporting.
- Familiarity with earned value management (EVM) concepts.
Skills
- Analytical Thinking: Ability to collect, analyze, and interpret complex financial and project data.
- Attention to Detail: Meticulous in reviewing data and preparing reports.
- Communication: Excellent written and verbal communication skills, with the ability to explain complex financial concepts to non-financial stakeholders.
- Problem-Solving: Proactive in identifying issues and developing effective solutions.
- Collaboration: Ability to work effectively with Project Managers, finance teams, and other departments.
- Time Management: Strong organizational skills and ability to manage multiple priorities in a fast-paced environment.
- Adaptability: Comfortable with changing project requirements and priorities.
Company Description
WAVSYS is a national solutions company offering contract, permanent and turnkey staffing solutions by leveraging its international network of 20 offices covering USA, Canada, and the UK.
Company Description
WAVSYS is a national solutions company offering contract, permanent and turnkey staffing solutions by leveraging its international network of 20 offices covering USA, Canada, and the UK.