Project Control Specialist - Cost Control

Specialist Cost Control

Title:

Specialist Cost Control

KBR's Readiness and Sustainment (R&S) division is the Team Behind the Mission®. We deliver mission critical services to the U.S. military and coalition partners around the world. Our key capabilities include base operations; contingency and expeditionary support; next generation asset management; digitally focused logistics; prepositioned stock; and integrated supply chain management.

Job Summary

The Project Control Specialist will play key role within project and functional teams, interacting with all levels of Program and Finance Management as well as colleagues in other functional areas. They will be responsible for forecasts, controls, and cashflow reporting, as well as compliance, for an associated portfolio of projects spanning various contract types, terms, and levels of complexity. The role supports reporting of accounting, financial management, and customer aspects at the project level as well as the administration of the change control process. The Project Controls Specialist may also be responsible for reviewing project costs incurred by category, calculating future costs based on labor productivity, material price increases, subcontracts, wage rates and risk analysis.

Roles and Responsibilities

• Review project costs incurred by category to develop revenue and project forecasting, backlog reporting, and program cashflow.
• Record actual/committed cost and workhours, development of project variances, and trending analysis of commitments and expenditures.
• Coordinate with procurement, material managers, and engineering work group leads pertaining to essential items of supply and completion of job progress milestones through scheduling.
• Actively participate in identification of priorities for projects to guarantee completion.
• Estimate future cost calculations based on labor productivity, material price increases, subcontracts, wage rates and risk analysis.
• Guide corporate budget and forecast activities for the project portfolio, evaluating and documenting opportunities and risks, and consolidating, presenting, and obtaining approvals at the portfolio level.
• Establish financial controls, procedures, systems, and forecasting techniques to evaluate contract/program status and ensure compliance with SOX, government, and customer requirements.

Basic Qualifications

• Recognized professional qualification (CA/CWA/ACCA or CIMA) with relevant work-experience of 2+ years or Semi-qualified professionals / undergraduate / Post graduate degree in commerce with minimum 5+ years of relevant work experience.
• Demonstrated expertise in project controls concepts (budgets, estimates to complete, project schedules, etc.).
• Knowledge of financial accounting principles as they relate to U.S. GAAP.
• Strong understanding of government contracting fundamentals as well as government regulations and standards.
• Proven proficiency in Microsoft Office Suite including advanced Excel skills.

Preferred Qualifications

• Proficient knowledge in use of Deltek Costpoint, COBRA, COGNOS, Hyperion, Power BI.
• Knowledge of standard government agency reporting requirements (NASA, DOD, DOS, FEDSIM).

Understanding of Earned Value Management System (EVMS) reporting.

Experience Level

Mid Level