Project Control Analyst

Job Summary

We are seeking a highly motivated and detail-oriented Project Controls Analyst to join our construction team. The successful candidate will play a critical role in supporting Project Managers by providing comprehensive weekly analysis of project revenue generation and cost performance. This position requires a strong understanding of construction project lifecycles, excellent analytical skills, and the ability to translate complex data into actionable insights.

Responsibilities

Weekly Financial Analysis:

- Prepare and distribute weekly project financial reports, including revenue recognition, cost incurred, and budget vs. actual variance analysis.

- Monitor and track project expenditures against approved budgets, identifying potential overruns or savings opportunities.

- Analyze project profitability and cash flow on a weekly basis, providing early warnings for deviations.

- Collaborate with accounting and finance teams to ensure accurate and timely financial data integration.

Cost Control & Forecasting:

- Develop and maintain detailed cost forecasts, incorporating changes, risks, and opportunities.

- Assist Project Managers in developing and managing project budgets, including labor, materials, equipment, and subcontracts.

- Track and analyze change orders, ensuring proper documentation and financial impact assessment.

- Implement and maintain cost control procedures and best practices.

Scheduling & Progress Monitoring:

- Support the development and maintenance of project schedules, including critical path analysis.

- Monitor project progress against baselines, identifying delays and recommending corrective actions.

- Prepare progress reports and earned value analysis (EVA) to assess project performance.

Reporting & Communication:

- Generate custom reports and dashboards to meet specific Project Manager needs.

- Present financial and performance data clearly and concisely to Project Managers and other stakeholders.

- Facilitate weekly project review meetings, providing data-driven insights and recommendations.

System & Process Improvement:

- Identify opportunities to improve project controls processes, tools, and systems.

- Ensure data integrity and consistency across all project control systems.

- Stay updated on industry best practices and emerging technologies in project controls.

Qualifications

- Bachelor's degree in Construction Management, Engineering, Finance, Accounting, or a related field.

- Minimum of 3-5 years of experience in project controls, cost control, or financial analysis within the construction industry.

- Strong proficiency in project controls software (e.g., Primavera P6, Microsoft Project, Procore, CMiC, or similar).

- Advanced Excel skills (pivot tables, VLOOKUPs)

- Solid understanding of construction accounting principles and financial reporting.

- Familiarity with earned value management (EVM) concepts.

Skills

- Analytical Thinking:

Ability to collect, analyze, and interpret complex financial and project data.

- Attention to Detail:

Meticulous in reviewing data and preparing reports.

- Communication:

Excellent written and verbal communication skills, with the ability to explain complex financial concepts to non-financial stakeholders.

- Problem-Solving:

Proactive in identifying issues and developing effective solutions.

- Collaboration:

Ability to work effectively with Project Managers, finance teams, and other departments.

- Time Management:

Strong organizational skills and ability to manage multiple priorities in a fast-paced environment.

- Adaptability:

Comfortable with changing project requirements and priorities.