Cost Controls Specialist

About the role

WSP is seeking a Cost Controls Specialist to join their Project Controls team supporting Power & Energy programs, including transmission line and substation capital projects. This role is well suited for a cost controls professional with experience in forecasting, budget tracking, variance analysis, and project cost reporting who enjoys working collaboratively with project managers, finance teams, schedulers, contractors, and clients.

Responsibilities

• Develop, maintain, and monitor project cost control processes for transmission line, substation, and related Power & Energy projects.
• Prepare and maintain project budgets, forecasts, cash flows, cost reports, accruals, commitments, and financial projections to support accurate project performance tracking.
• Track actual costs, commitments, contingency, change orders, invoices, and cost coding to support timely and reliable project cost management.
• Perform cost variance analysis, trend analysis, and earned value management support, identifying cost risks and recommending corrective actions to project leadership.
• Use cost management and PMIS platforms such as EcoSys, Procore, Oracle, e-Builder, or similar systems to manage budgets, forecasts, commitments, change orders, invoices, and cost reports.
• Produce regular cost reports, budget variance summaries, forecast updates, and executive-level financial dashboards that clearly communicate project cost status, risks, and required decisions.
• Support change management, contractor progress tracking, invoice review, contingency management, and project close-out reporting from a cost controls perspective.

Requirements

• Bachelor's degree in Business, Finance, Accounting, Engineering, Construction Management, or a related field preferred; equivalent cost controls or project controls experience will also be considered.
• 7+ years of experience in cost controls, project controls, finance, or related functions on capital projects.
• Hands-on experience with forecasting, budget tracking, variance analysis, cost reporting, cash flow tracking, commitments, accruals, and change control is strongly preferred.
• Experience with cost management, ERP, and PMIS tools such as EcoSys, Procore, Oracle, e-Builder, Autodesk Construction Cloud, or similar platforms is preferred.
• Working knowledge of earned value management (EVM), cost forecasting, budget baselines, cost coding structures, trend analysis, and project financial controls.
• Strong analytical, communication, and coordination skills, with the ability to translate cost data into clear updates for project teams, finance partners, contractors, clients, and leadership.

Preferred Qualifications

• Experience in the Power & Energy industry, including transmission, substation, or other infrastructure programs.