Cost Engineer

2 months ago

Detroit, United States DTE Energy Full time
Job ID:  13981

DTE is one of the nation's largest diversified energy companies. Our electric and gas companies have fueled our customer's homes and Michigan's progress for more than a century. And as Michigan's largest source of renewable energy, we're creating a cleaner, healthier environment to power our future. We're also serving communities beyond Michigan, where our affiliated businesses offer renewable energy, emission control technologies, and energy services to industries in 19 states.

But we're more than a leading energy company... and working at DTE is more than just a job. At DTE, we take great care of each other and our customers, and we use our energy to be a force for growth and prosperity in our communities.  When you join us, you'll be part of a team that welcomes, recognizes, and celebrates differences and values everyone's health, safety, and wellbeing.  Are you ready to make that kind of difference? Bring your energy to DTE. Together, we can achieve great things.

Testing Required:

Hybrid Role: Must be able to come on-site periodically and reside a commutable distance from the assigned work location.

Emergency Response: Yes - Must be available to perform a primary assignment in support of DTE's emergency response to storms or other events that impact service to our customers.

Job Summary

This opportunity is located in Detroit Michigan and based out the Detroit Headquarters. It is Hybrid - Must be able to come on-site periodically and reside a commutable distance from the work location. Monitors and analyzes project cost estimates, expenditures, and forecasts. Identi es areas of cost savings opportunities and alerts management of any cost variances. Prepares monthly cost reports, work estimates, and budgets. Maintains project control procedures. No Supervisory Responsibilities. Assignments are received in the form of results expected, within operating policies and procedures. Incumbent has the discretion to select from alternative approaches; decisions may involve changes to normal work processes.

Key Accountabilities

  • Collects, maintains, and analyzes planned vs. actual cost for assigned capital projects.  
  • Reports variances to project management team with detailed commentary to support process outputs.
  • Assist the project management team as needed in the overall financial processes.
  • Supports contract administration in the change control process by performing cost reviews.
  • Reports & analyzes key performance metrics; prepare ad hoc analyses as requested by project management.
  • Alert Project Managers and management of potential project overruns and provide recommendations on forecast placeholders.
  • Review project charges for inaccuracies or mischarges.
  • Review progress payments to ensure there is a clear understanding of when the milestone will be met, and expenses should be accounted for.

Minimum Education & Experience Requirements

  • Bachelor's degree in business, Accounting or Finance with 5 years of job-relevant experience

Other Qualifications

  • Written and verbal communication & advocacy skills consistent with the ability to present results of projects & research to all levels of the business unit, and engage in persuasive written & verbal interaction.
  • Intermediate-to-advanced analytical and project management skills.
  • Working knowledge of financial & economic analysis, project & risk management.
  • Ability to analyze complex financial data & develop optimal recommendations & solutions.
  • Ability to work in a 'team' and/or 'matrixed' structure, supporting multiple clients, procedures & policy.
  • Copes with multiple demands from superiors, and/or subordinates & peers in a positive and evenhanded fashion; displays a calm demeanor under pressure.
  • Well-developed organization and planning skills (typically acquired through at least 5 years of experience).
  • Ability to apply project planning & implementation and/or continuous improvement principles (typically acquired through several years of experience in these areas) to affect tangible, positive outcomes.
  • Proficiency in Excel, Word, and SAP sufficient to apply/support them with minimal instruction or guidance; this level of proficiency is typically attainable through 3+ year(s) of substantive experience with the applications

Preferred Qualifications: 

  • 5 years of financial experience
  • MBA and/or CPA
  • Experience in operating system software utilized by the Corporation (e.g Maximo, SAP R/3, SRM, BW)
  • Association for the Advancement of Cost Engineering (AACE) certification
  • Proficient in Earned Value Analysis
  • Provides weekly reporting Purchase Order analysis
  • Attend construction field updates and apply progress towards data
  • Proficient in Excel - Power Query
  • Expertise with utilizing Databases
  • SAP Work Mgt system
  • Exposure to Primavera P6
  • Analysis of Unbilled Liabilities, Timing
  • Experience with PowerBI

Read the full posting.

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