Project Cost Management Professional

7 days ago

Kuwait City, Al Asimah Vectrus Full time

Job Summary

Vectrus is seeking a highly skilled Project Cost Management Professional to join our team.

About the Role

The successful candidate will be responsible for maintaining an integrated system of financial services that contribute to cost-effective accounting management control over project financial reporting records.

Key Responsibilities

  • Supervise the project controls section associated with LCV Kuwait/APO and LCV Qatar Task Orders to provide accurate, timely, and reliable services and reports.
  • Services include project controls, EVMS, budget analysis, forecasting, cost analysis, and active participation in the overall accounting period close planning, financial accounting reconciliation and analysis, and cost reporting.
  • Responsibilities may change as needed to meet program or company requirements.
  • Exercises responsibility over Project Control areas of the LCV Kuwait/AP and LCV Qatar Task Orders including development of graphs, schedules, analytical reviews, and cost reporting for presentation to Management.
  • Forecast, control, and report project costs accurately.
  • Provide Trend analysis of actual expenses and completion reports including the review of all project costs incurred by WBS, by cost element to provide, calculate future costs based on labor, material price changes, subcontract.
  • Lead team in variance analysis for project variances by cost element and PWS.
  • Lead in development of accurate estimates to complete by PWS and cost element.
  • Conduct Risk analysis monthly and provide risk mitigation COAs to ensure no cost overruns.
  • Responsible for project risk control and cost control.
  • Ensures that all financial reporting activities to the customer for the program are thoroughly and timely prepared and reviewed and that all reports are in compliance with appropriate financial standards and company requirements.
  • Monitors actual vs. budget/forecast ensuring financial statements provide a realistic view of the program's financial position.
  • Oversee, supervise, and assist in training the staff in all areas of Project Controls and EVMS.
  • Develop and monitor key project metrics and perform quality control reviews.
  • Other financial-related duties including: consulting with senior management and other functional managers regarding financial-related activities; develop and implement financial controls; conduct financial reviews of program areas; prepare and analyze various financial reports; develop and monitor performance metrics for financial management, and other duties as required.
  • Responsible for monthly Earned Value Management System (EVMS) reporting in accordance with LCV program standards and formats for the LCV Kuwait/AP and LCV Qatar AOR.
  • Lead team in tracking, monitoring, forecasting, and reporting the progress of DPW Projects on a regular basis from notice to proceed through to completion.
  • Provide analytical data support to the Control Account Manager for the Materials, Equipment, and Other Direct Cost Budget.
  • Ensure the timely and accurate completion of deliverables, including bi-weekly OT Forecasts, Quarterly OT Forecasts and related monthly analysis, bi-monthly Cost Variance Report CDRL submission, and support in the Quarterly Impact Study CDRLs.

Qualifications

  • Bachelor's degree in business, accounting, finance or economics.
  • Must be able to obtain a CAC Card.
  • Must be able to obtain a Host Country Driver's License.
  • Twelve or more years of experience in accounting and finance including Financial Analysis and Project Controls.
  • Experience in operations with multiple locations is preferred.
  • Project Controls and EVMS experience is required.
  • LOGCAP Project Controls experience required.
  • Excellent organizational and multi-tasking skills are essential.
  • Strong working knowledge of automated financial systems and proficiency with database and spreadsheet software.
  • Able to motivate others and ensure deadlines are met.
  • Specific knowledge regarding cost accounting data within financial systems is required.
  • Understanding of Earned Value Management System principles.
  • Work in a fast-paced environment and able to handle multiple priorities simultaneously.

Working Environment

Works in a general office environment.

However, duties may involve the conduct of work outdoors with a potential exposure to extreme climatic conditions.

Some travel may be required.

Physical Activities: Sedentary work.

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