Job Information
VELCO Project Controls Manager in Rutland, Vermont
This job was posted by https://www.vermontjoblink.com : For more information, please see: https://www.vermontjoblink.com/jobs/1247480
As the nations first statewide, transmission only company, VELCO manages the safe, reliable, cost-effective transmission of electric power throughout Vermont and as a part of the integrated New England regional network.
Why you should join our team
This exciting role sits at the intersection of finance, project management, and strategic decision-making. Overseeing the financial controls of capital projects ensures that resources are used efficiently, which directly impacts the success of the organization. The opportunity to develop and implement financial control programs, analyze key project performance data, and support project managers in achieving their goals adds a dynamic and analytical aspect to the role. Additionally, working in the electric utility sector is particularly interesting because of its evolving landscape, with a focus on infrastructure improvements, grid modernization, and sustainability initiatives.
The Project Controls Manager manages and oversees the daily operation of the VELCO Project Controls Team, which is responsible for, estimating and financial controls of the companys capital projects and billable engagements. Ensures the successful execution of efforts to provide key project performance data to project managers and management staff in support of company projects. Develops financial control processes and procedures to support the capital portfolio of work. Analyzes information and develops reports to company management.
How you will make an impact
This role has a significant impact on the companys ability to complete capital projects efficiently and cost-effectively, ultimately supporting reliable energy delivery. By ensuring financial accountability and optimizing project performance, the Project Controls Manager helps safeguard the companys financial health while also enabling infrastructure development that benefits communities. Additionally, by leading and mentoring a team, the role contributes to employee growth and succession planning, fostering a skilled workforce for the future.
Responsibilities
Supervise staff and contractors to ensure the successful performance of work in accordance with project plans and company requirements.
Plan, budget, coordinate and manage work necessary to support the goals of the team and the company.
Oversee and assist in the development of systems, processes and tools necessary for the success of the team and the company as a whole.
Develop and implement financial control programs for VELCOs capital projects and certain billable engagements.
Support Project Managers with establishing estimates, as well as change order control and financial risk assessments.
Work closely with project management to ensure that financial data is in alignment with schedule data.
Monitor, maintain and analyze financial reporting processes to obtain information required to develop comprehensive financial reports.
Actively lead the financial forecasting, estimating, change order and capital budgeting processes.
Identify trends in spend rates, variances to forecasts/budget, and work with project managers to adjust project financial forecasts.
Ensure the timely and efficient access to cost data and communicate with project managers and management on a regular basis regarding project financial performance and recovery plans, as necessary.
Perform what if scenarios analysis.
Lead the presentation of Project Controls reporting.
Review and update Capitalization vs Expense Policy on annual basis.
Ensure project costs are accurate and in compliance with FERC standards.
Participate on project teams in alignment with company core behaviors.
Provide outside auditors with assistance; gathers necessary account information and documents to perfo m annual audit.
Develop dynamic reporting using the accounting software. As appropriate, recommends updates to enhance the accounting software.
Oversee and assist in the development of systems and tools necessary for the success of the team and the company as a whole.
Develop and lead knowledge sharing and training for the Project Controls Team; including personnel development and technical training in support of VELCOs succession management expectations.
Actively support the companys strategic initiatives in support of the companys mission, vision, and values.
Lead employees to meet VELCOs expectations for productivity, quality, safety and continuous improvement, while operating in accordance with corporate and departmental policies and procedures.
Maintain understanding of personnel-related laws and regulations and internal policies and procedures sufficient to compliantly manage assigned workers.
Maintain employee work schedules, including: assignments, vacations and sick time, and overtime scheduling and authorization. Ensure timecards are completed accurately, in a timely manner and in co