Project Controls Cost Analyst
- Pay Rate: $70.00 to $80.00/hour, depending on experience
- Contract Length: 1 year
- Location: Calgary, Alberta
Raise is currently hiring a Project Controls Cost Analyst on behalf of our client. This is an excellent opportunity to join a leading energy company and support major projects through effective cost management, forecasting, change management, and financial reporting. Our Client is a globally competitive integrated energy company that extracts, produces and provides energy from a mix of sources, ranging from oil sands to renewable fuels.
Note: The primary pay rate is based on the rate for an incorporated contractor who owns their own business. However, we will also consider applications from candidates interested in a T4 arrangement, where applicable.
Description
The Project Controls Cost Analyst will provide project cost management expertise and support project teams in maintaining accurate financial forecasts, monitoring project performance, and managing changes throughout the project lifecycle.
Reporting to the Project Controls Manager, this role is responsible for cost control, incurred cost forecasting, variance and trend analysis, contingency management, and project cost reporting. The successful candidate will collaborate with multidisciplinary project teams to ensure compliance with project controls standards, identify financial risks, and support timely, informed decision-making.
The ideal candidate brings strong project controls experience, analytical skills, and the ability to work independently while collaborating effectively with project stakeholders.
Responsibilities
Cost Control & Financial Management
- Manage project commitments, actual costs, and cost allocations.
- Calculate incurred costs and develop and maintain incurred cost forecasts.
- Perform cost variance, trend, and root cause analysis.
- Monitor project performance against approved control budgets and identify potential deviations.
- Maintain project contingency and escalation management plans.
- Develop and deliver accurate, timely project cost reports and performance metrics.
Change Management & Forecasting
- Maintain project change logs and initiate, coordinate, and manage Project Change Notices (PCNs).
- Assess potential cost and schedule impacts of proposed project changes.
- Coordinate with estimators, schedulers, and project management teams to evaluate change impacts.
- Maintain a thorough understanding of project scope, baseline, control budget, workforce hours, schedule, and execution strategy.
- Provide supporting documentation and explanations for identified changes and cost movements.
- Escalate actual or potential budget deviations and recommend mitigation measures.
Project Controls & Closeout
- Execute project controls deliverables in accordance with established standards, procedures, templates, and specifications.
- Support quality assurance and quality control through process compliance and accurate reporting.
- Complete progressive cost closeout and benchmarking activities.
- Execute project closeout plans and prepare final closeout reports for approval.
- Maintain project metrics and KPIs to support project performance monitoring.
Stakeholder & Contractor Coordination
- Collaborate with Planning and Scheduling, Estimating, Engineering, Construction, Supply Chain, Finance, and Project Governance.
- Work with contractors to ensure compliance with project obligations, performance expectations, and reporting requirements.
- Proactively resolve project controls issues and communicate risks to relevant stakeholders.
- Provide project controls expertise, support ad hoc requests, and assist with team coverage when required.
- Share knowledge and contribute to continuous improvement across project controls processes.
Qualifications
- Minimum 10 years of Project Controls experience, preferably in Oil & Gas.
- Post-secondary degree, diploma, or equivalent experience.
- Experience in cost control, forecasting, reporting, planning and scheduling, change management, and contractor performance.
- Experience supporting major projects in an owner or EPC environment.
- Strong knowledge of project controls processes, standards, and best practices.
- Proficiency in cost analysis, estimate development, risk assessment, and project performance reporting.
- Strong analytical, organizational, and problem-solving skills, with excellent written and verbal communication.
- Ability to work independently and collaborate with multidisciplinary teams.
- Preferred Skills
- Familiarity with SAP and EcoSys.
- Experience with project KPIs, benchmarking, and cost closeout.
- Ability to identify risks, assess impacts, and recommend mitigation strategies.
- Knowledge of contractor performance management and project governance.
Additional information
- Work Location: 150 6th Avenue SW, Calgary, Alberta.
- Work Schedule: 40 hours per week, Monday to Friday.
- Work Arrangement: Office-based; hybrid and remote arrangements are not available.
- Travel: Occasional site visits to Fort McMurray may be required, depending on the project portfolio.
Looking for meaningful work? We can help!
Raise is an established hiring firm with over 65 years of experience. We believe strongly in making the world a better place through work, which is why we’re a certified B Corporation and donate 10% of our profits to charity.
We strive to build teams that reflect the diversity of the communities we work in. We encourage all qualified applicants to apply, including people from traditionally underrepresented groups such as women, visible minorities, Indigenous peoples, people identifying as LGBTQ2SI, veterans, and people with visible/nonvisible disabilities.
We have a dedicated webpage for accommodations where you can learn more about what we offer and request accommodation: https://raise.jobs/accommodations/
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