Project Controls Estimator

Overview

Prepare detailed cost estimates for utility substation, transmission, distribution and gas projects.

Key Responsibilities

• cost estimation
• wbs development
• financial modeling
• variance analysis
• parametric cost
• estimate review

Tasks

-Update estimates for each phase approval with current documentation and meeting information. Conduct estimate peer reviews prior to estimate issuance. Perform engineering drawing reviews, general analysis and prepare reports to support business operations. (10%) -Support and contribute to the development of Phase 1, 2, and 3 project cost estimates in WBS format with all required assumptions that support development of current and LRP budgets. Prepare standard WBS estimates and assumptions with documentation of confidence factors ranging from study to construction phases of project. (50%) -Conduct modeling, forecasting, trending, variance analysis, and other estimate-related financial and implementation analysis. Track, maintain, analyze and provide current estimating information on scorecard or key performance indicators (KPIs). Prepare, update and maintain standard material and labor unit costs to support estimate creation and database updates. (15%) -Prepare for and participate in contractor estimate (or bid) challenge meetings. Prepare side by side analysis of estimates upon request to provide lessons learned and to generate parametric values. (5%) -Develop unit cost and parametric estimate range for standard scope of work. Continuously analyze and update parametric values reflecting current trends and costs. (15%) -May require working extended hours and/or shift work to support business operations. -Work with Project Managers to ensure that estimates are properly understood, challenged and reviewed. Prepare for and participate in estimate challenge meetings with all stakeholders (Planning, Engineering, Project Manager, Construction Manager, etc.) to ensure that all stakeholders have had an opportunity to provide critical feedback. (5%)

Requirements

• bachelor's
• excel
• sap
• estimating
• project management
• analytical

What You Bring

-Bachelor's degree with some relevant post-undergraduate coursework. -Ability to facilitate project meetings with all stakeholders in office or field environment to develop a project estimate. -Customer driven with excellent oral and written communications skills and general analytical, problem solving and project management skills. Strong knowledge of the practices, procedures and principles of performance analysis (trending, root cause and gap analysis) benchmarking and audit compliance. -General proficiency in standard software applications (e.g., Microsoft Word, Excel, Access, PowerPoint, Project), specialized business technologies and applications (e.g., workforce management, project management, Asset Suite 8, Brio, CIS, EPS, Business Objects, SAP planning, business modeling, forecasting, work management, outage management) to retrieve and analyze data in support of business needs. Expert understanding and ability in Excel, good understanding of WinEst (ComEd/PECO) and the estimating component of Asset Suite 8. -Ability to analyze organizational data and problems, interpret and recommend alternative courses of action, and implement intervention strategies to attain performance targets. -Job Related/Experience: 2-4 years related experience, or in lieu of Bachelor's degree, a minimum of 3-6 years relevant experience is required. -Academic/Formal Training: Bachelor's degree in Business, Finance, Accounting or Technical Field. -Strong understanding of applicable standards, methods, processes and practices, business fundamentals, and performance metrics in the electric and gas, distribution, transmission, and substation areas. -Knowledge of or experience with estimating software. -Strong understanding of design drawings and detailed engineering and construction prints. The ability to calculate job requirements from design documents, including quantities, resource hours, duration, limitations, etc. -Advanced analytical skills for project evaluation including analysis of projects with economic, financial, risk and decision analysis. Ability to quickly estimate several scenarios to determine least cost technical solution. -2-4 years estimating experience in electric / gas transmission, distribution, and substation or construction industry. -Ability to effectively interface with all levels of management. -Ability to build a high level or detailed estimate from a Project Diagram, detailed design, or verbal Scope of Work. -Ability to provide detailed analysis and apply managerial accounting concepts, customer intelligence gathering, forecasting, staff planning, scheduling, analytical and statistical problem solving, financial, accounting, business and budget analysis.

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Benefits

-Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave -Life and disability insurance -401(k) match and annual company contribution -Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement -Referral bonus program -Employee Assistance Program and resources for mental and emotional support -Annual Bonus for eligible positions: 10% -Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $71,200.00/Yr. – $97,900.00/Yr. -Medical, dental and vision insurance

About Exelon

-Exelon operates as America's largest regulated energy delivery company, formed from the merger of two century-old utilities in 2000. -It focuses on modernizing infrastructure and enhancing grid resilience through continuous investment. -The company's portfolio includes major utilities such as ComEd, BGE, PECO, Pepco, and others, covering vast transmission and distribution systems. -In 2022, Exelon spun off its power generation arm while maintaining full ownership of its transmission and distribution networks. -Exelon’s strategic initiatives often influence the mid-Atlantic and Midwest energy markets, shaping the regional energy landscape.

Sector Specialisms