Project Controls Analyst - TTC Secondment - Jobs in Markham

Job Description

Job DescriptionAECOM is in need of a Project Controls Analyst to work with our client TTC on some of their high-profile public Transit projects. The job incumbent will be offered a regular, full-time position with AECOM and work on secondment to TTC. Candidate will report for work at the TTC office in downtown Toronto a few times a week for the length of the secondment. After the secondment is compete, the employee will return to AECOM to be re-assigned to another project. The home office for the employee at that time can be either the AECOM Markham or Pickering offices (with work from home options available also.)Major Responsibilities:

• Reviewing the project capital cost estimate, scope of work; assigning appropriate project cost codes.
• Overseeing, assigning and/or reviewing project cost codes to contract line items and allocating commitment amounts to project cost codes to perform commitment cost control.
• Reviewing and understanding project risk contingencies/allowances; calculating drawdown amounts and reviewing/calculating project escalation cost.
• Working with the Project Scheduler to calculate project time phased cost data for the development of expenditure curves.
• Reviewing and analyzing project expenditures/time machines, commitments, and invoicing data.
• Ensuring accuracy of all costs (baseline, forecast, commitment and incurred) are being captured, verified, and reported.
• Preparing project cost variance reports; performing project cost data analysis to find abnormalities between baseline, forecast, commitment, incurred and actual cost;
• Identifying leading indicators/trends for accurate forecasting.
• Supporting capital project cost benchmarking and analytics.
• Preparing graphs, diagrams, and other exhibits to illustrate cost status and forecast requirements for project team.
• Be involved in review sessions on project status with project management and/or client and highlight adverse cost variances for corrective actions.
• Assist in the development of all reports set forth in the client business requirements as well as indicated in the corporate reporting procedures.
• Review weekly coordination of data. (Cost/Schedule/Trends/Progress)
• Ensure you are doing all Project Controls activities in accordance with set Project Procedures and Job Instructions. Includes preparation of cost reports, cash flow and variance analysis
• Review and provide feedback on miscellaneous project reports.
• Provide design and construction teams with forward looking mitigation plans and data.
• Knowledgeable of planning and scheduling concepts and principles including effects on financial performance.
• Familiar with data sources and supports basic schedule development for cost control and progress measurement.
• Supports analysis of cost and schedule, identifies and investigates project cost variances.
• Collects and updates data and updates and produces scheduling reports.
• Assists in the development and maintenance of WBS and support activities to implement applicable coding.Supports basic schedule development.
• Supports gathering and assembling data for cost and schedule updating.
• Supports measurement of project schedule progress and gathers and assembles data for schedule and network updating related to cost control.
• Familiar with engineering work flows and basis construction methodology.
• Understands CPM scheduling concepts and principles and able to develop basic engineering, procurement and construction logic.
• Understands concepts and principles of scope control and change management and earned value methodology.
• Works with the company financial and cornerstone systems and processes.
• Applies financial terminology, measures, financial data analysis concepts and principles in assignments.
• Recognizes processes/project actions that may lead to project financial impact.
• Develops and maintains WBS for small projects.
• Assists in the use of drawings and specifications in the establishment of project baseline data.
• Begins basic analysis of cost and schedule variances.
• Develops knowledge of accounting principles.
• Assists in assembling data for trending and forecasting.
• Understands progress/performance data and associated concepts and principles. Participates in the collection of progress data and review of performance trends.
• Familiar with earned value, scope control and change management concepts, principles and methodologies.
• Collects data and produces an initial analysis on manpower, labor hour, and labor cost requirements versus budget limitations.
• Collects and analyzes data for tracking actual cost to funding limitations.
• Provides support to tracking purchase order and subcontract commitments and expenditures.
• Familiar with the concepts and principles of project revenue and cost.
• Exposure to basic scheduling and cost baseline fundamentals, concepts and principles.
• Introduced to performance management and cost/schedule integration concepts and principles.
• Develops knowledge of scope control and change management.
• Supports project reporting process as required.
• May participate in project cost review meetings.
• Coordinate with and respond to queries from internal and external clients
• Attend team meetings to provide assistance in resolving issues, review progress reports and ensure assignment of new tasks.
• Analyze and provide input to technical and performance criteria on Project Controls systems to the Project Controls Functional leadership.
• Works with the company financial and cornerstone systems and processes.
• Applies financial terminology, measures, financial data analysis concepts and principles in assignments.
• Recognizes processes/project actions that may lead to project financial impact.
• Develops and maintains WBS for small projects.
• Assists in the use of drawings and specifications in the establishment of project baseline data.
• Begins basic analysis of cost and schedule variances.
• Develops knowledge of accounting principles.
• Assists in assembling data for trending and forecasting.
• Understands progress/performance data and associated concepts and principles. Participates in the collection of progress data and review of performance trends.
• Familiar with earned value, scope control and change management concepts, principles and methodologies.
• Collects data and produces an initial analysis on manpower, labor hour, and labor cost requirements versus budget limitations.
• Collects and analyzes data for tracking actual cost to funding limitations.
• Provides support to tracking purchase order and subcontract commitments and expenditures.
• Familiar with the concepts and principles of project revenue and cost.
• Exposure to basic scheduling and cost baseline fundamentals, concepts and principles.
• Introduced to performance management and cost/schedule integration concepts and principles.
• Develops knowledge of scope control and change management.
• Supports project reporting process as required.
• May participate in project cost review meetings