Project Controls Specialist

About the role

At Cumming Group, you will work on some of the world's most exciting projects in a dynamic environment where your success is measured by the impact you make. We are one of the fastest-growing project and cost management consultancies in the United States, as reflected in our top 10 rankings in ENR. With over 60 offices globally, an extremely diverse project portfolio, and double-digit year-over-year revenue growth, the opportunities to make your mark are limitless! We are currently hiring a Project Controls Specialist (Cost Analyst) to support our Education sector projects located in Los Angeles, CA. This is a highly visible, high-impact role that will put you at the forefront of building the educational future for the Los Angeles community. We encourage those seeking a challenging role that will give them ample opportunity to engage and impact the community with their talents to apply. Essential Duties & Responsibilities: Oversee the integrity and accuracy of project budgets and forecasts in compliance with approved standard operating procedures. Actively participate in monthly EAC (Estimate at Completion) meetings, ensuring accurate validation, reviewing current EACs, and providing justification for any variances. Contribute to change management discussions by identifying emerging trends, risks, and exposure factors. Engage in Risk Assessment workshops, offering insights on potential financial impacts and identifying mitigation strategies. Conduct thorough cost variance analyses to identify trends and proactively address any potential budget impacts. Continuously monitor trends and associated mitigation plans, comparing projected versus actual performance over time. Review project budgets and expenditures, ensuring alignment with diverse funding sources and financial goals. Review and analyze monthly cost reports and progress reports to ensure alignment with project financial objectives. Analyze staffing plans to identify potential cost impacts, such as excessive peaks, and provide recommendations for optimizing resource allocation. Validate cost coding and budget allocations for contract change orders and amendments, assessing potential impacts on project timelines and financials. Ensure that contracts, purchase orders, task order, change orders, and amendments are accurately budgeted and reported, with proper cost coding and financial oversight. Enforce cost management policies and procedures for capital projects, especially those with multiple funding sources. Allocate Estimate to Complete (ETC) amounts as required for PBA (Project Budget Adjustments), change orders, and other financial adjustments. Manage and monitor ETCs for each project to ensure timely and accurate tracking of financial changes. Work closely with Project Managers and Construction Managers to maintain data coding structures, project control tools, and high-quality data for budgets, contracts, change orders, trends, and actual costs. Conduct budget and financial reconciliations, ensuring alignment between project forecasts, expenditures, and actual costs. Address discrepancies and implement corrective actions as necessary. Support management with the preparation of regular budget and cost reports, ensuring clarity and accuracy. Assist with preparing regular and ad hoc reports on project budgets, financial status, and forecasting for senior leadership. Provide support for weekly/monthly cost and status reports, keeping project teams informed of financial performance. Perform necessary data entry tasks related to budget and forecast updates. Develop and maintain change management logs in accordance with established processes and procedures. Travel to offsite project locations as required. Undertake additional duties and special projects assigned. Required Education and Experience: BS/BA Degree in Business Administration, Engineering, Project Management, Construction Management, and/or related degree. Additional years of qualifying experience in excess to the minimum stated below may be substituted in lieu of formal education. 5 - 10 years minimum recent professional experience in project controls, particularly on a capital construction program. Strong analytical capabilities, with the ability to organize and interpret complex financial data. Proficiency in financial modeling and advanced Excel functions. Exceptional attention to detail, ensuring accuracy in data analysis and reporting. Advanced problem-solving skills and a strategic approach to financial management. Ability to communicate complex financial concepts clearly to non-financial stakeholders. Proven track record of working independently and meeting tight deadlines. Comfortable working in a fast-paced, dynamic environment. Proficiency in using Microsoft Office applications, including Word, Excel, PowerPoint, and Outlook, and the ability to perform tasks such as creating documents, analyzing data, preparing presentations, and managing emails e

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