Description
Job Summary
This role is responsible for developing, implementing, and managing cost control functions for assigned O&M and Capital projects within project construction. This role ensures project performance is aligned with approved budgets, and organizational objectives through proactive monitoring, analysis, and reporting.
- Develop, implement, and coordinate planning, estimating, and cost controls for assigned O&M / Capital projects.
- Develop and review project forecasts and cashflows.
- Monitor actual project cost and/or work status to ensure projects proceed on schedule and within budget and provide status reports to management.
- Develop and review O&M / Capital budgets and analyze monthly cost reports.
- Assist in training lower-level controls personnel.
- Implement, evaluate, and monitor controls systems.
- Conduct meetings with contractors and company personnel on cost control matters.
- Act as lead controls discipline representative to major projects.
- Interface and coordinate with other corporate and station groups.
- Establish and implement cost and planning control policy and procedures for O&M / Capital projects.
Scope of Work
- Review and adhere to Project Controls Policies and Procedures as it relates to the management of assigned O&M / Capital projects.
- Review contracts and Purchase Orders / Change Orders for impact on project forecast and cashflows. Update and adjust forecasts based on this information.
- Initiate regular communication with Contracts counterpart to understand potential contractual issues and cost impacts.
- Process invoices, requisitions, and wire payments on a daily/weekly basis, fully reviewing backup data to be in adherence with contract terms and conditions. Reviews invoices for proper scope, documentation, and cost posting.
- Update monthly standard Controls financial actuals reports in a timely manner using SAP as data source.
- Schedules availability around closing calendar to ensure all necessary work is completed to meet corporate and department deadlines. Works with manager and other team members on backup plans if unavailable.
- Support month-end closing processes, ensuring costs are properly booked and accrued to appropriate O&M / Capital projects.
- Communicate with PM's and/or vendors to understand work completed but not billed to post month-end accruals. Obtain cost estimates as needed.
- Updates manager on key issues affecting project cost and cashflows. Keep manager informed on challenges to forecast and mitigation strategies.
- Monitors projects to ensure projects are proceeding within budget. Prepares monthly forecasts to include material deliveries, EPC cashflows, labor and surcharge projections, and other contractor cashflows.
- Perform additional analysis on large impacts as needed and develop summary presentations to effectively communicate options/ strategies for addressing issues.
- Schedules, leads, and directs formal monthly financial reviews of assigned projects with Dominion project team.
- Attends (preferably in-person and on-site) monthly led project meetings reviewing project status.
- Attends other project led meetings not necessarily related to financials to integrate onto team and understand other aspects of project that may ultimately impact cost/schedule.
- Cultivate daily/weekly touchpoints with PM's on assigned projects to discuss potential issues affecting forecast.
- Collaborate with other Dominion groups (i.e. Accounting, Legal, Supply Chain, Treasury, Corporate Finance) as questions or answers come from or are needed from those sources. Be responsive and diligent with follow-up.
- Completes all assigned training/learning courses within allotted time.
Required Knowledge, Skills, Abilities & Experience
- 5-6+ years of relevant experience in directly related field.
- Strong knowledge of cost controls principles.
- Strong Verbal/writing/presentation skills.
- Strong work and project management skills.
- Strong decision making and problem solving.
- Strong math and computer skills.
- Strong analytical skills.
- Works effectively with employees at all levels and external personnel.
- Consistently applies good business judgment.
- Applies analytical abilities to diverse issues.
- Manages multiple priorities and meet deadlines.
- Must be able to verify data and present statistical reports and documentation.
Education Requirements
Degree or an equivalent combination of education and demonstrated related experience may be accepted in lieu of preferred level of education:
Bachelor
Preferred Disciplines: Construction Management, Engineering
Other disciplines may be substituted for the preferred discipline(s) listed above
Other: Technical
Contact
Dominion Energy
120 Tredegar St
Richmond
Virginia United States
www.DominionEnergy.com
From the same organization
13 Sep, 2026
13 Sep, 2026
