Description
WSP is seeking a Cost Controls Specialist to join their Project Controls team supporting Power & Energy programs, including transmission line and substation capital projects.
The successful candidate will develop, maintain, and monitor project cost control processes for transmission line, substation, and related Power & Energy projects. They will prepare and maintain project budgets, forecasts, cash flows, cost reports, accruals, commitments, and financial projections to support accurate project performance tracking.
Key responsibilities include:
- Tracking actual costs, commitments, contingency, change orders, invoices, and cost coding to support timely and reliable project cost management.
- Performing cost variance analysis, trend analysis, and earned value management support, identifying cost risks and recommending corrective actions to project leadership.
- Using cost management and PMIS platforms such as EcoSys, Procore, Oracle, e-Builder, or similar systems to manage budgets, forecasts, commitments, change orders, invoices, and cost reports.
- Producing regular cost reports, budget variance summaries, forecast updates, and executive-level financial dashboards that clearly communicate project cost status, risks, and required decisions.
- Supporting change management, contractor progress tracking, invoice review, contingency management, and project close-out reporting from a cost controls perspective.
The ideal candidate will have:
- A bachelor's degree in Business, Finance, Accounting, Engineering, Construction Management, or a related field.
- 7+ years of experience in cost controls, project controls, finance, or related functions on capital projects.
- Hands-on experience with forecasting, budget tracking, variance analysis, cost reporting, cash flow tracking, commitments, accruals, and change control.
- Experience with cost management, ERP, and PMIS tools such as EcoSys, Procore, Oracle, e-Builder, Autodesk Construction Cloud, or similar platforms.
- Working knowledge of earned value management (EVM), cost forecasting, budget baselines, cost coding structures, trend analysis, and project financial controls.
- Strong analytical, communication, and coordination skills, with the ability to translate cost data into clear updates for project teams, finance partners, contractors, clients, and leadership.