Job Description
Description
At Exelon, we've got a place for you!
Join the nation's leading competitive energy provider, with one of the largest
electricity generation portfolios and retail customer bases in the country. You
will be part of a family of companies that strives for the highest standards of
power generation, competitive energy sales, and energy delivery. Our team of
outstanding professionals is focused on performance, thought leadership,
innovation, and the power of ideas that come from a diverse and inclusive
workforce.
Exelon will provide you the tools and resources you need to design, build and
enhance a successful career. We are also dedicated to motivating the success of
our employees through competitive base salary, incentives, and health and
retirement benefits.
Join Exelon and share your passion at a forward-thinking Fortune 100 company.
Establish yourself in a place where you can truly shine and create a brighter,
more sustainable tomorrow. Energize your career at Exelon!
PRIMARY PURPOSE OF POSITION
Provide project controls cost engineering support to Directors, Manager of
Projects, Project Managers, contractors and other key team members. Develop and
monitor the annual budgets, actual and forecasted costs, and Long Range Plans
for transmission, substation, distribution, and gas (PECO and BGE) projects and
programs. Utilize multiple existing Exelon systems to support current and
future work with respect to budgeting, financial forecasting, actual cost
tracking, project authorization, work management, contracts, and material
tracking. Provide broad analytical and operational support to the business
unit. Prepare comprehensive reports to support business operations including
reauthorization risk, forecast accuracy by Project Managers, program and
department, CIAC forecast and analysis, contingency released and remaining, and
others as requested.
Utilize WPT to create PAR forms, ITNs, Project IDs, and update financial plan
types. Coordinate project authorization process including updating decks for
all centrally managed projects. Schedule and run monthly project status calls.
Track and manage In - Service Dates and Project Aging PIs.
Position may be required to work extended hours, including 24 x 7 coverage
during storms or other energy delivery emergencies.
PRIMARY DUTIES AND ACCOUNTABILITIES
Manage project forecasting, accrual, and status process. Attend required
meetings and reach out to project stakeholders for detailed project
information. Identify project/program budget, forecast, and authorization
issues early and assist in developing resolutions to meet project metrics.
Assist in the development and continued monitoring of the budgets and LRPs for
transmission, sub-station, distribution, and gas (PECO and BGE) projects and
programs. Monitor, track, and report project budgets, forecasts, accruals, and
actuals
Manage project and program financial risks and opportunities and provide
detailed analysis of variances to budget, quarterly plan, and month over month
variance analysis. #CD# Support project management at resulting financial
challenge meetings.
Develop, organize, and present project and program performance reports for both
internal and external use.
Schedule and facilitate monthly forecasting and accrual meetings and prepare
monthly project accruals and journal entries for project manager review and
submittal to Finance department before submittal to Finance group, reporting
variances and issues to both the project management and project controls
leadership.
Analyze project actual and forecast data accuracy to ensure compliance with annual
internal and external Sarbanes Oxley Audits.
Manage the vendor forecasting process which is used as a source of input for
both forecasting and accruals by Project Controls.
Provide support to Project Managers for presentations and forms required for
project authorization.
Qualifications
POSITION SPECIFICATIONS
Minimum:
Academic/Formal Training: Bachelor’s degree in Business or Technical Field.
Job Related/Experience: 5 - 8 years related experience, or in lieu of Bachelor’s
degree, a minimum of 9 - 12 years relevant business experience is required.
Specialized Skills, Knowledge, License Requirements/Registrations, Etc. :
• Comprehensive understanding of applicable standards, methods, processes and
practices, business fundamentals, and performance metrics in the specific
functional area supported by this position (e. g. , asset management, electric
or gas operations, customer service, transmission and substation, distribution
system operations, regulatory and external affairs, transmission operations and
planning).
• Ability to provide in-depth analysis and apply forecasting, analytical and
statistical problem solving, financial, accounting, and budget analysis.
• Demonstrated strong analytical skills for project financial evaluation and
risk identification and mitigation.
• Customer driven with strong oral and written communications skills and strong
analytical, problem solving and project management skills.
• Comprehensive knowledge of the financial / cost analyst practices, procedures
and principles of performance analysis (trending, root cause and gap analysis)
benchmarking and audit compliance.
• Ability to analyze organizational data and complex problems, interpret and
recommend alternative courses of action, and implement intervention strategies
to attain performance targets.
• Demonstrated strong analytical skills for project evaluation including
analysis of complex projects with economic, financial, risk and decision
analysis.
Preferred:
Financial advanced
degree.
5-8 years project cost
tracking experience in electric / gas transmission, distribution, and
substation industry
Advanced proficiency in standard software applications (e. g. , Microsoft Word,
Excel, Access, PowerPoint, Project), specialized business technologies and
applications (e. g. project management, WPT, Asset Suite 8, CIS, EPS,
forecasting) to retrieve and analyze data in support of business needs
Proficient in business case development and ability to effectively present
business cases to business unit leadership.
This is an individual
contributor position that works independently with only general direction,
relying on knowledge skills and judgment acquired through education and
relevant experience to plan and accomplish assigned tasks and goals. The
position regularly mentors less experienced colleagues.
Position requires routine interaction with key internal and
external stakeholders, executives, directors, managers and staff across the
organization.
May require working extended hours and/or shift work to
support business operations.
Exelon is proud to be an equal opportunity employer and
employees or applicants will receive consideration for employment without
regard to: age, color, disability, gender, national origin, race, religion,
sexual orientation, gender identity, protected veteran status, or any other
classification protected by federal, state, or local law.
VEVRAA Federal Contractor
EEO is the Law Poster