Project Controls Cost Analyst – Risk Management

Job Title: Project Controls Cost Analyst – Risk Management

Location: 241 Ralph McGill Blvd, Atlanta, GA

Department: Project Controls / Risk Management

Reports To: Manager, Project Controls

Job Type: Hybrid (4 days in-office)

Position Summary:

The Project Controls Risk Analyst plays a critical role in supporting the successful delivery of utility construction projects by identifying, analyzing, and managing project risks. This position is responsible for maintaining risk registers, conducting quantitative risk analyses (including Monte Carlo simulations), supporting project teams in the development of risk mitigation plans, and recommending appropriate contingency reserves to mitigate potential impacts on cost and schedule.

Key Responsibilities:

- Develop, maintain, and update project risk registers in collaboration with project managers, engineers, and stakeholders.

- Facilitate risk identification and assessment workshops with cross-functional teams.

- Perform qualitative and quantitative risk analyses to evaluate the probability and impact of identified risks.

- Conduct Monte Carlo simulations using @Risk to model cost and schedule uncertainties.

- Recommend appropriate contingency levels based on risk exposure and simulation results.

- Track and report on risk trends, mitigation effectiveness, and residual risk exposure throughout the project lifecycle.

- Integrate risk analysis outputs into project forecasts, budgets, and schedules.

- Support the development of risk management plans and procedures in alignment with corporate governance and industry best practices.

- Prepare and present risk reports and dashboards for senior leadership and project stakeholders.

- Collaborate with project controls, finance, and construction teams to ensure risk-informed decision-making.

Preferred Qualifications:

Education:

- Bachelor’s degree in a related field (required)

- Master’s degree or professional certification that would make you a strong candidate:

- MBA, MS in Statistics, or related field

- PMI-RMP (Risk Management Professional)

- AACE International certifications (e.g., CCP, DRMP)

Experience:

- 3–7 years of experience in project controls, risk management, or project management within the utility, construction, or infrastructure sectors.

- Demonstrated experience managing and maintaining risk registers.

- Proficiency in conducting Monte Carlo simulations for cost and schedule risk analysis.

- Familiarity with project management methodologies (e.g., PMBOK, Agile, or similar).

- Strong analytical, communication, and stakeholder engagement skills.

Desired Competencies:

- High attention to detail and ability to synthesize complex data.

- Strong problem-solving and critical thinking skills.

- Ability to work independently and collaboratively in a fast-paced environment.

- Proficiency in Microsoft Excel, Power BI, and other data visualization tools.

Georgia Power is the largest electric subsidiary of Southern Company (NYSE: SO), America's premier energy company. Value, Reliability, Customer Service and Stewardship are the cornerstones of the Company's promise to 2.6 million customers in all but four of Georgia's 159 counties. Committed to delivering clean, safe, reliable, and affordable energy at rates below the national average, Georgia Power maintains a diverse, innovative generation mix that includes nuclear, coal and natural gas, as well as renewables such as solar, hydroelectric and wind. Georgia Power focuses on delivering world-class service to its customers every day and the Company is recognized by J.D. Power and Associates as an industry leader in customer satisfaction. For more information, visit www.GeogiaPower.com and connect with the Company on Facebook (Facebook.com/GeorgiaPower), Twitter (Twitter.com/GeorgiaPower) and Instagram (Instagram.com/ga_power).

Southern Company (NYSE: SO ) is a leading energy provider serving 9 million customers across the Southeast and beyond through its family of companies. Providing clean, safe, reliable and affordable energy with excellent service is our mission. The company has electric operating companies in three states, natural gas distribution companies in four states, a competitive generation company, a leading distributed energy solutions provider with national capabilities, a fiber optics network and telecommunications services. Through an industry-leading commitment to innovation, resilience and sustainability, we are taking action to meet customers' and communities' needs while advancing our goal of net-zero greenhouse gas emissions by 2050. Our uncompromising values ensure we put the needs of those we serve at the center of everything we do and are the key to our sustained success. We are transforming energy into economic, environmental and social progress for tomorrow. Our corporate culture has been recognized by a variety of organizations, earning the company awards and recognitions that reflect Our Values and dedication to service. To learn more, visit www.southerncompany.com .

Southern Company invests in the well-being of its employees and their families through a comprehensive total rewards strategy that includes competitive base salary, annual incentive awards for eligible employees and health, welfare and retirement benefits designed to support physical, financial, and emotional/social well-being. This position may also be eligible for additional compensation, such as an incentive program, with the amount of any bonus/awards subject to the terms and conditions of the applicable incentive plan(s). A summary of the benefits offered for this position can be found here https://seo.nlx.org/southernco/pdf/SOCO-Benefits.pdf . Additional and specific details about total compensation and benefits will also be provided during the hiring process.

Southern Company is an equal opportunity employer where an applicant's qualifications are considered without regard to race, color, religion, sex, national origin, age, disability, veteran status, genetic information, sexual orientation, gender identity or expression, or any other basis prohibited by law.

Job Identification: 18672

Job Category: Engineering

Job Schedule: Full time

Company: Georgia Power