Sr Program Controls Specialist
Honeywell Technologies · Houston, TX · 4 days ago
HybridOTHRFull-time
Responsibilities
- Provide support in project planning processes, define scopes, establishing Work Breakdown Structure (WBS) and budgets on allocated projects.
- Accountable for accuracy & timely delivery of all project & management reports & forecasts for costs, revenue, and billing on allocated projects.
- Support the implementation of cost monitoring and control standards, techniques, systems, and reports including the following activities:
- Assisting with budget allocation and reporting/cost control for the assigned portions of the project/programs.
- Supporting the project Risk & Trend Management programs.
- Ensures that all project control activities such as cost management and control are executed in a timely fashion and in accordance with all company standards and contractual requirements.
- Support the development of program plans and establish contract baseline budgets, plan milestones and apply earned value methods.
- Analyze and validate project costs and project performance status.
- Possess in-depth knowledge of budgeting, forecasting, analysis, and reporting cycle, to include experience in EAC, variance.
- Analyzes projects Incurred to Date (ITD) costs and estimate to complete (ETC) costs.
- Supports quality of projects Estimate at Completion (EAC) cost forecast analysis.
- Support Project Managers in managing and maximizing project margins.
- Supports the Project Management team in maintaining timely and effective change management processes, procedures, and systems.
- Identify and troubleshoot problems with Business Forecaster and SAP Project System for equipment forecast and project execution.
- Coincide invoicing milestone payments with the Project Manager, Customer Care, & Logistics groups. Ensure GAAP (Generally Accepted Accounting Principles) requirements are met when invoicing.
- Invoice Resolution Coordination: Coordinate with project management personnel, engineers of record, procurement, and accounts payable to resolve supplier invoice issues to support timely payment.
- Status Tracking: Coordinate with procurement personnel, expeditors, engineers of record, and Project Managers to verify that PO delivery dates within SAP are maintained and reviewed on monthly basis.
- Manage the receivables and payables balance on allocated projects, checking accuracy of invoices.
- Actively participates in project review meetings & provides clear, accurate project cost assessment & gives proactive advice to drive successful project completion.
- Participates in development of project controls tools & methodology.
- Responsible for project control procedures compliance on allocated projects.
- Participates in internal and external audits.
Qualifications
- Bachelor’s degree in Engineering Management, Business, or Finance with 5+ years of Project Controls (cost management) industry experience; or 10+ years of Project Controls (cost management) industry experience in lieu of a degree.
- 5+ years’ experience in oil & gas, petrochemical, automation, or electronics industry.
- MS Office and SAP applications (Project Accounting module) experience.
- 5+ years’ experience with finance & cash flow – concepts, processes, planned, actual, forecast.
- 5+ years’ knowledge of cost estimating, tracking and control.
- 5+ years’ knowledge of contracts and business planning & analysis.
- 5+ years’ analytical and problem-solving skills experience.
- Candidates must be willing to relocate to the Allentown, PA area, regardless of current state of residence (including Texas or other states).