Job Description
Duration: 18 months Contract Key Responsibilities
Budget Tracking & Variance Reporting
- Maintain project cost databases, budget logs, and control accounts across assigned capital projects.
- Track actual expenditures against approved budgets; prepare periodic variance reports with explanations for cost deviations.
- Support preparation of cost status reports for Project Managers and the Project Controls Manager.
- Flag emerging cost trends, anomalies, and budget risks for timely escalation.
- Maintain commitment logs tracking purchase orders, subcontracts, and authorizations for expenditure (AFEs) across assigned projects.
- Process and reconcile vendor invoices against PO commitments; coordinate with procurement and accounts payable to resolve discrepancies.
- Maintain accurate and up-to-date records of committed, invoiced, and remaining balances across project cost structures.
- Support project cost close-out activities, including final invoice reconciliation and budget variance documentation.
- Assist in developing and maintaining monthly cash flow forecasts by project, working from approved budgets, commitment schedules, and anticipated invoice timing.
- Update forecasts as project conditions, vendor schedules, or scope changes occur; document and communicate updates to the Project Controls Manager.
- Support portfolio-level cash flow consolidation and reporting as directed.
- Assist Project Managers in tracking potential changes, pending change orders, and approved scope changes affecting project cost.
- Maintain change logs and ensure cost impacts are reflected accurately in project budgets and forecasts.
- Support preparation of change order cost documentation, including quantity take-offs, unit cost development, and budget transfer requests.
- Ensure change management records are complete, organized, and audit-ready.
- Prepare routine project cost reports, dashboards, and summaries using Excel and other project controls tools.
- Maintain organized project cost files, ensuring version control and document integrity across the portfolio.
- Support stage-gate review preparation by assembling cost and commitment data packages as directed.
- Support evaluation and adoption of AI-enabled tools for cost control functions such as reporting automation, variance analysis, and data quality checks.
- Participate in training and change management activities related to new tool implementation within the project controls group.
- 2-4 years of experience in project controls, project accounting, or cost control in a capital project or industrial environment.
- Demonstrated proficiency in Microsoft Excel, including pivot tables, cost tracking workbooks, and financial reporting.
- Exposure to cost control concepts: budgeting, commitments, forecasting, variance analysis, and change management.
- Familiarity with capital project processes and terminology (AFEs, POs, stage gates, change orders) preferred.
- Experience with project controls or financial management software (e.g., Primavera P6, SAP, Oracle, or similar) is a plus but not required.
- Associate degree or higher in Engineering Technology, Construction Management, Business, Accounting, Finance, or related field — or equivalent on-the-job experience in a capital project or industrial environment. A four-year degree is not required.
US Tech Solutions is a global staff augmentation firm providing a wide range of talent on-demand and total workforce solutions. To know more about US Tech Solutions, please visit .
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