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Principal Project Cost Analyst

Exelon

Principal Project Cost Analyst

Exelon

OAKBROOK TERRACE, Illinois

·

On-site

·

Full-time

·

2w ago

Compensation

$109,600 - $150,700

Benefits & Perks

401(k)

Healthcare

Parental Leave

Learning Budget

Mental Health

401k

Healthcare

Parental Leave

Learning

Mental Health

Required Skills

Financial analysis

Strategic analysis

Project management

Communication

Data analysis

Who We Are

We're powering a cleaner, brighter future.

Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient.

We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 20,000 colleagues strong serving more than 10.7 million customers at six energy companies -- Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (Com Ed), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco).

We're committed to creating an environment where every person can thrive. Our employee experience is grounded in four tenets that guide how we support our people: purposeful careers, growth opportunities, community impact, and support to thrive.

In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career.

Are you in?

Primary Purpose

Analyzes key strategic issues facing the Project Management Group and assists in the development of strategic planning processes in support of capital execution plans. Provides project controls cost governance of capital spend portfolio supporting centrally managed work. Develops and monitors the strategic execution plan, annual budgets, and long-range plans for transmission, substation, distribution, and gas projects and programs. Develop strategies and perform analysis for achieving key financial goals. Prepares comprehensive reports to support business operations including, forecast accuracy, category management of financials, spend recovery plans and interface with key internal and external stakeholders. Leads financial reporting meetings for internal PM's, external vendors and category owners. Responsible for Sr leadership reporting and interface on budget status, risk and impacts. Utilizes 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.

Position may be required to work extended hours for coverage during storms or other energy delivery emergencies.

Primary Duties

  • Support multiple projects to analyze and resolve key strategic issues facing Project Management as either a team participant and/or individual contributor.
  • Provide strategic analysis and critical thinking to analyze issues that will have a major impact on Project Management's performance
  • Conduct research on issues and serve as project analyst for strategy/planning initiatives
  • Support the development of discussion materials at the Upper Management level
  • Support the strategic planning process
  • Develop, maintain, and communicate and execute strategies as it pertains to Project Management's continuing capital growth.
  • Support and manage risk for a capital budget greater than $500M.
  • Support business units in utilizing the information for strategic planning, creating a value proposition, prioritizing project portfolios, and other objectives to drive efficiencies, customer focus, competitive strategy, and growth as it relates to the strategy
  • Develops data and analysis that can be translated into conclusions, implications, and recommendations for incorporation into the business portfolio
  • Support effort to cascade the Vision down through the organization together with strategic business literacy issues
  • Cascade the vision through the organization aligning and engaging employees
  • Communicate key strategic issues by presenting at employee meetings across the company
  • Survey external industry data and stay current on industry trends/developments of importance to Exelon.

Job Scope

  • Independent contributor, with potential to have direct reporting relationships.
  • Takes direction from VP, Directors, Key Managers, and/or project team leads.
  • Frames and conducts analysis on strategic issues.
  • Interacts regularly with key managers and executives on issues.
  • Provides periodic written/oral presentations to key managers and executives on analysis of issues.
  • Able to travel across Exelon sites and business units as required.

Minimum Qualifications

  • Academic/Formal Training: Bachelor's degree in Business or Technical Field. In lieu of Bachelor's degree, 9-12 years of relevant experience.
  • Job Related/Experience: 7-10 years of industry/related experience Specialized Skills, Knowledge, License Requirements/Registrations, Etc.
  • Excellent analytical skills; demonstrated financial/quantitative and qualitative analytical skills.
  • Demonstrated ability to efficiently manage large capital construction portfolios
  • Ability to frame ambiguous issues and structure appropriate analysis.
  • Demonstrated ability to apply strategic and critical thinking to problem solving.
  • Strong interpersonal skills and ability to work productively with diverse teams.
  • Solid written and oral communication skills
  • Ability to translate analysis into key messages and develop story line associated with project analysis Ability to work independently to advance assignments and developing ability to drive efforts to completion

Preferred Qualifications

  • Master's degree in business, economics, or other related discipline.
  • Project Management experience
  • Knowledge of energy industry and Cost, Finance and Project Management Experience

Benefits

  • Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $109,600.00/Yr. – $150,700.00/Yr.
  • Annual Bonus for eligible positions: 20%
  • 401(k) match and annual company contribution
  • Medical, dental and vision insurance
  • Life and disability insurance
  • Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave
  • Employee Assistance Program and resources for mental and emotional support
  • Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement
  • Referral bonus program
  • And much more

Note: Exelon-sponsored compensation and benefit programs may vary or not apply based on length of service, job grade, job classification or represented status. Eligibility will be determined by the written plan or program documents.

  • Support multiple projects to analyze and resolve key strategic issues facing Project Management as either a team participant and/or individual contributor.

  • Provide strategic analysis and critical thinking to analyze issues that will have a major impact on Project Management's performance

  • Conduct research on issues and serve as project analyst for strategy/planning initiatives

  • Support the development of discussion materials at the Upper Management level

  • Support the strategic planning process

  • Develop, maintain, and communicate and execute strategies as it pertains to Project Management's continuing capital growth.

  • Support and manage risk for a capital budget greater than $500M.

  • Support business units in utilizing the information for strategic planning, creating a value proposition, prioritizing project portfolios, and other objectives to drive efficiencies, customer focus, competitive strategy, and growth as it relates to the strategy

  • Develops data and analysis that can be translated into conclusions, implications, and recommendations for incorporation into the business portfolio

  • Support effort to cascade the Vision down through the organization together with strategic business literacy issues

  • Cascade the vision through the organization aligning and engaging employees

  • Communicate key strategic issues by presenting at employee meetings across the company

  • Survey external industry data and stay current on industry trends/developments of importance to Exelon.

  • Academic/Formal Training: Bachelor's degree in Business or Technical Field. In lieu of Bachelor's degree, 9-12 years of relevant experience.

  • Job Related/Experience: 7-10 years of industry/related experience Specialized Skills, Knowledge, License Requirements/Registrations, Etc.

  • Excellent analytical skills; demonstrated financial/quantitative and qualitative analytical skills.

  • Demonstrated ability to efficiently manage large capital construction portfolios

  • Ability to frame ambiguous issues and structure appropriate analysis.

  • Demonstrated ability to apply strategic and critical thinking to problem solving.

  • Strong interpersonal skills and ability to work productively with diverse teams.

  • Solid written and oral communication skills

  • Ability to translate analysis into key messages and develop story line associated with project analysis Ability to work independently to advance assignments and developing ability to drive efforts to completion

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About Exelon

Exelon

Exelon

Public

Exelon is a Fortune 100 energy company that operates regulated electric and gas utilities serving millions of customers across multiple states. The company generates, transmits, and distributes electricity through its utility subsidiaries including ComEd, PECO, BGE, and Pepco.

10,001+

Employees

Chicago

Headquarters

Reviews

3.8

5 reviews

Work Life Balance

4.3

Compensation

4.2

Culture

3.5

Career

3.8

Management

3.2

Pros

Great work-life balance

Good pay and benefits

Growth opportunities

Cons

Office politics

Poor career development programs

Lack of guidance/leadership

Salary Ranges

0 data points

Junior/L3

Junior/L3 · Business Analyst

0 reports

$60,300

total / year

Base

-

Stock

-

Bonus

-

$51,255

$69,345

Interview Experience

3 interviews

Difficulty

3.0

/ 5

Duration

14-28 weeks

Interview Process

1

Application Review

2

Recruiter Screen

3

Hiring Manager Interview

4

Senior Leadership Interview

5

Background Check/Drug Test

6

Offer

Common Questions

Technical Knowledge

Past Experience

Behavioral/STAR

Safety Protocols

Industry Regulations