DTE Energy Cost Engineer in Detroit, Michigan
Detroit, MI, US
Company: DTE Electric Company
Job ID: 12235
DTE is one of the nation’s largest diversified energy companies. Our electric and gas companies have fueled our customer’s homes and Michigan’s progress for more than a century. And as Michigan’s largest source of renewable energy, we’re creating a cleaner, healthier environment to power our future. We’re also serving communities beyond Michigan, where our affiliated businesses offer renewable energy, emission control technologies, and energy services to industries in 19 states.
But we’re more than a leading energy company... and working at DTE is more than just a job. At DTE, we take great care of each other and our customers, and we use our energy to be a force for growth and prosperity in our communities. When you join us, you’ll be part of a team that welcomes, recognizes, and celebrates differences and values everyone’s health, safety, and wellbeing. Are you ready to make that kind of difference? Bring your energy to DTE. Together, we can achieve great things.
Testing Required: Not Applicable
Apply by: No later than May 31, 2023
Location: Detroit - Downtown Headquarter - Walker Cisler Building
Bidding Restriction: 1 Year
On-Site Role: Must be available to work on-site at this assigned work location.
Emergency Response: Yes – Must be available to perform a primary assignment in support of DTE’s emergency response to storms or other events that impact service to our customers.
Monitors and analyzes project cost estimates, expenditures, and forecasts. Identiﬁes areas of cost savings opportunities and alerts management of any cost variances. Prepares monthly cost reports, work estimates, and budgets. Maintains project control procedures. No Supervisory Responsibilities. Assignments are received in the form of results expected, within operating policies and procedures. Incumbent has the discretion to select from alternative approaches; decisions may involve changes to normal work processes.
Collects, maintains, and analyzes planned vs. actualcostfor assigned capital projects.
Reports variances to project management team with detailed commentary to support process outputs.
Assist the project management team as needed in the overall financial processes.
Supports contract administration in the change control process by performing cost reviews.
Reports & analyzes key performance metrics; prepare ad hoc analyses as requested by project management.
Alert Project Managers and management of potential project overruns and provide recommendations on forecast placeholders.
Review project charges for inaccuracies or mischarges.
Review progress payments to ensure there is a clear understanding of when the milestone will be met, and expenses should be accounted for.
Minimum Education & Experience Requirements
- Bachelor's degree in Business, Accounting or Finance with 5 years of job-relevant experience
5 years of Financial experience
MBA and/or CPA
Professional certification in cost control (Association for the Advancement of Cost Engineering or equivalent);
Experience in operating system software utilized by the Corporation (e.g Maximo, SAP R/3, SRM, BW)
Association for the Advancement of Cost Engineering (AACE) certification
Proficient in Earned Value Analysis
Provides weekly reporting Purchase Order analysis
Attend construction field updates and apply progress towards data
Proficient in Excel - Power Query
Expertise with utilizing Databases
SAP Work Mgt system
Exposure to Primavera P6
Analysis of Unbilled Liabilities, Timing
Experience with PowerBI
Written and verbal communication & advocacy skills consistent with the ability to present results of projects & research to all levels of the business unit, and engage in persuasive written & verbal interaction.
Intermediate-to-advanced analytical and project management skills.
Working knowledge of financial & economic analysis, project & risk management.
Ability to analyze complex financial data & develop optimal recommendations & solutions.
Ability to work in a 'team' and/or 'matrixed' structure, supporting multiple clients, procedures & policy.
Copes with multiple demands from superiors, and/or subordinates & peers in a positive and evenhanded fashion; displays a calm demeanor under pressure.
Well-developed organization and planning skills (typically acquired through at least 5 years of experience).
Ability to apply project planning & implementation and/or continuous improvement principles (typically acquired through several years of experience in these areas) to affect tangible, positive outcomes.
Proficiency in Excel, Word, and SAP sufficient to apply/support them with minimal instruction or guidance; this level of proficiency is typically attainable through 3+ year(s) of substantive experience with the applications
Incumbents may engage in all or some combination of the activities and accountabilities, and utilize a variety of the competencies cited in this description depending upon the organization and role to which they are assigned. This description is intended to describe the general nature and level of work performed by incumbents in this job. It is not intended as an all-inclusive list of accountabilities or responsibilities, nor is it intended to limit the rights of supervisors or management representatives to assign, direct and control the work of employees under their supervision.
At DTE Energy, we are committed to providing an inclusive workplace where everyone feels welcome and a sense of belonging. We seek individuals with a heart for service, a passion to help our communities prosper, and ideas to help shape the future of energy. We are proud to be an equal opportunity employer that considers all qualified applicants without regard to race, color, sex, sexual orientation, gender identity, age, religion, disability, national origin, citizenship, height, weight, genetic information, marital status, pregnancy, protected veteran status or any other status protected by law.