Jobs at Ameren – Project Cost Analyst

Job Description:

The Project Cost Analyst is responsible for the initial development of estimated project cost, estimate updates, and the risk profile development and management through project lifecycle. The cost and risk development is considered an analytic and predictive process used to quantify the overall costs associated with each project.

Job Responsibilities:

• Monitor and enforce standards, policies and procedures established by Transmission, Ameren Corporation and regulatory entities as required.
• Provide assistance with financial planning of projects, financial analysis and project justifications.
• Prepares the initial project cost for developing projects based on detailed analysis including parametric and analogous information. Updates estimates and risks as required through project lifecycle.
• Works in collaboration with Project Managers to ensure that cost is embedded down to the Cost Breakdown Structure (CBS).
• Validate cost and labor components for individual items by analyzing existing project data, contractor pricing sheets and project change requests.
• Attend pre-budget scoping meetings to understand initial project scope.
• Design project cost and risk estimating/tracking reports for use by the Project Manager.
• Works closely with project schedulers to ensure integration of cost estimates that are integral to the overall critical path of a project.
• Follow an estimating and risk management process that includes the following: capital cost, applicable O&M associated costs, overhead costs, labor analysis, AFUDC estimates, retirement costs, salvage, tax implications, contingency assumptions, and retirement estimates, if applicable.
• Supports the Project Manager throughout the life cycle of a project to maintain estimate accuracy and implement “Lessons Learned” from previous projects.
• Follow developed processes for updating cost and risk components.
• Assist with developing the project budgets, forecasts, initial cash flow analysis, and project risk profiles.
• Works closely with internal Subject Matter Experts (SMEs) to validate contingency assumptions through the project lifecycle.

Job Requirements:

• Bachelor’s degree from an accredited college or university required. Bachelor’s degree in Engineering, Business or Construction Management preferred.
• One year of relevant experience in estimating, budgeting, forecasting, construction management, project scheduling, risk analysis/management, cost analytics or project management is required.
• A relevant advanced degree may be considered in lieu of experience requirement.

Job Details:

Company: Ameren

Vacancy Type: Full Time

Job Location: St Louis, MO, US

Application Deadline: N/A

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