Project Controls Analyst

POSITION OVERVIEW:

Startec Compression & Process is currently recruiting for a Project Controls Analyst to work at our Glenmore Office in Calgary, AB (Suite 240, 4000 Glenmore Court SE, Calgary, AB T2C 5R8). As a Project Controls Analyst, you will be accountable for providing analytical support and expertise in project planning, cost management, scheduling, risk assessment, and performance monitoring. Reporting to the Project Controls Supervisor, the Project Controls Analyst is essential in ensuring effective project execution, adherence to budgets and schedules, and successful project completion within the organization. You will work closely with project managers, stakeholders, and cross-functional teams to deliver projects on time and within budget.

KEY PERFORMANCE INDICATORS (KPI):

COST MANAGEMENT (Weighting 60%)Cost Management & Estimation

• Support the development of project budgets and cost estimates.
• Monitor project expenditures, track costs, and analyze budget variances.
• Identify cost-saving opportunities and propose recommendations for cost optimization.
• Conduct cost forecasting and provide accurate financial projections for project completion.

Cost Tracking & Monitoring

• Monitor project costs throughout the project lifecycle, including tracking expenses, labor costs, materials, subcontractor costs, and other project-related expenditures.
• Review, validate invoices, purchase orders, contracts for accuracy, completeness, and compliance with contractual obligations.
• Maintain accurate cost records and ensure proper coding of costs for accurate tracking and reporting.
• Identify scope deviations, trends and potential risks that may impact project budgets.

PROJECT MONITORING & REPORTING (Weighting 25%)Risk Assessment & Management

• Identify potential risks and uncertainties that may impact project success.
• Conduct risk analysis, assess the probability, impact of risks, and develop mitigation strategies. (facilities projects)
• Regularly review/update risk registers and contingency plans. (facilities projects)
• Monitor/report on risk mitigation activities, providing updates to project stakeholders and incorporating risk management measures into project planning and execution. (facilities projects)
• Update risk registers, communicate risks effectively to ensure awareness and appropriate actions are taken. (facilities projects)
• Copy and paste the job duties for the KRA.

Cost Control & Forecasting

• Maintain and administer robust cost control processes to monitor project expenses, including procurement costs, subcontractor costs, equipment rentals, and other project-related expenditures.
• Review and validate project invoices, purchase orders, and contracts for accuracy, completeness, and compliance with contractual obligations.
• Conduct regular cost reviews, analyze scope changes, trends, and forecast project financial performance to support proactive decision-making.
• Provide timely and accurate financial reports and analysis to project stakeholders, including cost-to-complete projections and revenue recognition updates.

CHANGE MANAGEMENT & VARIANCE ANALYSIS (Weighting 10%)Change Management & Scope Control

• Assist in managing project scope changes, including impact analysis and change request evaluation. (facilities project)
• Collaborate with project teams to assess the impact of scope changes and variations on project costs. (facilities project)
• Evaluate change requests, conduct cost analysis, and provide cost estimates for proposed changes. (facilities project)
• Maintain accurate change logs and ensure proper documentation and communication of approved changes. (facilities project)
• Update project budgets and forecasts to reflect approved changes and their financial implications.

Stakeholder Communication & Collaboration

• Facilitate effective communication and collaboration among project teams and stakeholders.
• Coordinate project meetings, including progress updates, status reviews, and risk discussions.
• Ensure timely and accurate distribution of project-related information to stakeholders.
• Build strong relationships with project team members, clients, and other stakeholders.

CONTINUOUS IMPROVEMENT (Weighting 5%)Process Improvement & Best Practices

• Identify opportunities for process improvement in project controls methodologies.
• Develop and implement best practices, standardized templates, and tools. (facilities project)
• Promote continuous improvement in project controls processes and workflows.

Cost Optimization & Value Engineering

• Identify opportunities for cost optimization and value engineering throughout the project lifecycle. (facilities project)
• Collaborate with project teams to explore alternative solutions or approaches to achieve cost savings without compromising project quality or objectives.
• Evaluate cost-saving initiatives, conduct feasibility studies, and recommend cost-saving measures. (facilities project)

QUALIFICATIONS:

• Bachelor's degree in engineering, business administration, project management, or a related field.
• Previous experience in project controls, project management, or a similar analytical role.
• Experience with Enterprise Resource Planning (ERP) software is required; Microsoft Dynamics 365 experience is an asset.
• Strong knowledge of project management principles, practices, and methodologies.
• Proficiency in project management software and tools (e.g., Microsoft Project, Microsoft NAVISION).
• Excellent analytical and problem-solving skills, with attention to detail.
• Strong financial acumen and cost management expertise.
• Excellent communication and interpersonal skills.
• Ability to work collaboratively in cross-functional teams.
• Proficiency in data analysis and reporting using tools such as Microsoft Excel or Power BI.

We offer competitive wages, training, flexible, dynamic, and exciting work environment.