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Cost Estimator

2 months ago

Bloomington, Indiana, United States DTE Electric Company Full time
Job Summary

We are seeking a highly skilled Cost Estimator to join our team at DTE Electric Company. As a key member of our project management team, you will be responsible for monitoring and analyzing project cost estimates, expenditures, and forecasts.

Key Responsibilities
  • Collect, maintain, and analyze planned vs. actual cost for assigned capital projects.
  • Report variances to project management team with detailed commentary to support process outputs.
  • Assist the project management team as needed in the overall financial processes.
  • Support contract administration in the change control process by performing cost reviews.
  • Report and analyze 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.
Requirements
  • Bachelor's degree in Business, Accounting, or Finance with 5 years of job-relevant experience.
  • 5 years of Financial experience.
  • MBA and/or CPA.
  • Professional certification in cost control (Association for the Advancement of Cost Engineering or equivalent).
  • 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 Excel - Power Query.
  • SAP Work Mgt system.
  • Analysis of Unbilled Liabilities, Timing.
  • Experience with PowerBI.
Preferred 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.