Job Title - Cost Analyst IV
Duration- 12+Months
Working Model: Hybrid, 2 days in office - Tuesday and Thursday, local candidates
Working Hours: 7am - 3pm, flexible, Monday - Friday
Role Summary/Purpose
The Aero ITR Cost Lead will be responsible for developing, evaluating, and presenting costs for Aero gas turbine power generation plants during both proposal preparation ( ITO ) and project execution ( OTR ). This role will support cross-functional teams including the Aero Tendering Management proposal team, the Aero Finance team, and the Aero Project Management team.
Essential Responsibilities
As an Aero ITR Cost Lead, you will:
Work as a member of ITO proposal teams on Aero plant proposals leading the preparation, integration, and optimization of the project costs.
Create ITO project cost summaries for presentation to the leadership team members.
Work as a member of OTR project teams on Aero projects leading the accurate calculation and optimization of the project estimate at completions ( EACs ) utilizing actuals to date and percent completes.
Partner with project managers and project finance managers to drive functions to achieve their budgets and to prepare for the project financial reviews ( PMR s ).
Collaborate with functions on Aero projects to review and approve accurate, competitive estimate(s) at completion ( EACs ). Ensure best project controls practices with frequent functional EAC updates leveraging actuals to date, percent complete and accurate forecast of cost to go.
Connect frequently (e.g., biweekly) with all OTR functional owners (for non-equipment scope including construction, construction site staffing, technical advisory services, project management, and other costs during execution) to identify additional P75 cost opportunities and risks.
Track and communicate progress of P75 cost opportunities and risks across the project team and broader organization.
Lead cost process continuous improvement initiatives using lean methodologies. Author standard work documents for best Aero EAC practices for every non-equipment Aero function.
Implement lessons learned and margin improvements from Aero execution to proposals.
Qualifications/Requirements
Qualifications: Bachelor's Degree in engineering/construction or other relevant technical discipline from an accredited university or college.
Minimum of 5 years of experience in project management, power plant design, cost estimating, cost engineering, or related roles.
Desired Characteristics
Strong technical expertise with Aero gas turbine power plant systems, including power plant level design and costing.
Strong analytical skills and interest.
Successful track record and passion for process improvements.
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Cost Analyst IV
Select Source International
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