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American Electric Power Project Cost Analyst- Project Cost Analyst Sr in Tulsa, Oklahoma

35551BR

Title:

Project Cost Analyst- Project Cost Analyst Sr

Job Description:

This single vacancy is considered HYBRID. On-site reporting is required Monday and Tuesday of each week.

*Education and/or relevant experience will be used to determine the appropriate salary and salary grade.

The successful Project Cost Analyst coordinates project cost analysis and controls for team activities supporting the Project Managers (PMs), or other staff, including overseeing the cost reporting for multiple projects and monitoring project budgets to assure accurate depiction of project cost on intermediate projects under some supervision. Input of budgets within the AEP corporate systems, providing ongoing forecast updates and variance analysis at the program and project levels, input and tracking of key performance indicators (KPIs), and working collaboratively with project teams to implement project management best practices throughout the project lifecycle. Provide communication and develop partnerships with internal and/or external customers. Conduct training, support continuous process improvement efforts and develop tools and processes utilized within the work group. Responsible for the creation of work orders and having direct interface in coordinating with external contractors and vendors to integrate these parties into the overall project budget and schedule.

ESSENTIAL JOB FUNCTIONS are listed below:

  1. Coordinate project meetings and work with project team members on project activities. Support the PM in the preparation and updating of project documentation and planning.

  2. Assist with preparing forecasts of project spending and cash flows, budget variance monitoring, cost tracking/analysis. Depending on business unit needs, provide analysis and verification for Sarbanes Oxley (SOX) activities and assist with providing input to annual budget, capital forecasts, five-year plan and improvement requisitions. Perform estimate vs. actuals analysis.

  3. Collaborate with Project Management (PM) and other vested parties to perform variance reporting and/or establish original baseline budgets that are time-phased with dates from the system schedule. Create project breakdown structures.

  4. Perform some departmental organizational functions when necessary and as assigned to ensure the smooth operation of project functions. This might include tracking, analyzing, and verifying information for unvouchered liabilities (UVLs), keeping project system records current and complete, and coordinating the work order process related to a project from creation of the work order through in-servicing and closing.

  5. Depending on the business unit assigned, assist in the contracting process. This might include bidding activities, analysis of cost, cost tracking, etc.

  6. Communicate with project team, resources, and other internal and external stakeholders on various budgetary items. Work with others in both supplying information and seeking assistance as necessary.

  7. Perform varied assignments demonstrating technical knowledge and analytical techniques to solution of problems or analysis. Apply problem solving skills to resolve technical problems and initiate solution techniques.

  8. Develop and compile KPIs that are measurable outcomes.

  9. Providing strong teamwork with colleagues, vendors and/or customers and responding to customer/vendor inquiries, resolving work order issues and/or implementing action plans in a fast-paced, results-oriented team.

  10. Understand the AEP project/work management organizational standards and assist in the management of projects to those standards. Adhere to the guidance and standards put forth by the AEP Project Management Governance Committee.

  11. Provide training and guidance to lower level employees as appropriate.

  12. Recommend improvements that enhance the role, project performance, and AEP's performance in regard to service and product delivery as well as environmental and community stewardship.

  13. Depending on the assigned business unit, coordinate work activities of others within work group, team or those external to the company including contractors, vendors as required to resolve routine technical tasks and field work activities. Make decisions and contribute to team decision making and consensus building.#LI-HYBRID

Auto req ID:

35551BR

Relocation:

No

Location:

Tulsa, OK

Job Type:

Full-Time

Job Category:

Energy/Utilities

Minimum Requirements:

Project Cost Analyst - BASIC QUALIFICATIONS:

With a qualified Bachelor's degree, one (1) year of qualified experience; with a qualified Associate's degree, three (3) years' qualified experience; with a High School Diploma or GED, four (4) years' experience as a Project Cost Analyst Associate (grade 005).

-Qualified degrees must be in a related field from an accredited university or college and could include Accounting, Business, Construction Management, Engineering, Technology, or Project Management.

-Qualified experience includes utility specific operations knowledge/experience with a good working knowledge of work processes and procedures. Experience should be in design, operations, planning, project management, cost tracking analysis, forecasting, project budgets, working with accounting principles, and/or construction or maintenance of systems and/or equipment.

OTHER REQUIREMENTS

*Demonstrate ability to manage time effectively and efficiently and demonstrate organizational and planning skills, as well an aptitude for accuracy, attention to detail and ability to achieve goals.

*Demonstrates a basic level of technical knowledge related to writing and verbal communication.

*Proficient in use of computer and Microsoft Office products including Word, Excel, Outlook and PowerPoint.

*Team player with ability to work and collaborate well with others.

*Some travel, including overnight, may be required.

*Safely and effectively perform light physical duties at various work sites including home and AEP locations in varying conditions.

*Understand and support the policies, values, principles, structure and behavior of AEP.

*Exposure to corporate accounting and project cost management systems, construction environments, earned value management, and scheduling systems is preferred but not required.

*Availability to work overtime, call-out overtime and shift work may be required depending on business unit.

*Demonstrate an attitude and desire to listen to and satisfy both internal and external customers who use and depend upon our work.

*For nuclear positions, work performed at nuclear power sites may involve work in hazardous areas and possible radiation exposure within the limits prescribed by the NRC.

*Physical demand level is Sedentary

Project Cost Analyst Sr - BASIC QUALIFICATIONS:

With a qualified Bachelor's degree, four (4) years' qualified experience required; with a qualified Associate's degree, six (6) years' qualified experience; With a High School Diploma or GED, four (4) years' experience as a Project Cost Analyst (grade 006).

-Qualified degrees must be in a related field from an accredited university or college and could include Accounting, Business, Construction Management, Engineering, Technology, or Project Management.

-Qualified experience includes utility specific operations knowledge/experience with a good working knowledge of work processes and procedures. Experience should be in design, operations, planning, project management, cost tracking analysis, forecasting, project budgets, working with accounting principles, and/or construction or maintenance of systems and/or equipment.

Other Requirements:

In addition to the requirements of a Project Cost Analyst, the Senior level also needs to meet the requirements below:

  • Experience with corporate accounting and project cost management systems, construction environments, earned value management, and scheduling systems is required.

*Demonstrates strong interpersonal skills backed by an enthusiastic approach and a diligent client focus.

*Ability to interface and work well with different levels of individual contributors and management is required.

Work Designation:

Hybrid

Geographic Proximity:

Candidates meeting the minimum requirements residing in Tulsa, OK will be considered.

Equal Opportunity Employer | Minorities/Females/Disability/Vets

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