Job Summary

Provide integrated capital project cost management across NIPSCO. Seamlessly integrate project management methodology, processes, tools, techniques, and information management systems to effectively manage project costs throughout the project life cycle and manage aggregate capital reporting and reallocation processes. Relate other subsidiary project management systems with cost management; integrate cost management processes with the other core management systems; scope, cost, schedule and risk management.

Perform integrated cost initiation, cost planning, cost execution, cost monitoring, cost control, cost closure, and cost lessons learned within and between projects across NIPSCO.

Expand proficiency in scope management, schedule management, quality management, and risk management and provide integrated project planning and baseline development. Integrate risk management with project estimating; time phase planning costs throughout the project schedule; apply earned value planning, reporting and management. Establish effective cost and schedule forecasting; apply quality planning and control for proactive cost (opportunity) management. Utilize knowledge of work completed concepts to provide real time tracking and analysis of monthly NIPSCO forecasted spend.

Integrate cost engineering and project management capability and competence using industry standards (AACE, PMI, Construction Management Industry, etc.) and best practice application to integrate knowledge areas for optimum application.

Engage organizational owners to integrate cost management with schedule management, risk management, and project quality management. Utilize effective communication processes to disseminate relevant and timely cost information to enhance capital program decision making.

Apply risk and quality management to drive objective based management to increase capital program performance.

Cost Subject Matter Expert in forecasting, accruing for, and tracking construction (time and material, milestone EPC, unit, target price), engineering and material supply contracts.

Subject Matter Expert in identification, design, development, and departmental training of project cost management tools and techniques.

Essential Functions

• Increase team proficiency in cost analysis and integrated cost and schedule forecasting using quantitative risk management tools and techniques (Expected Monetary Value and Sensitivity Analysis) to better predict project cost performance and enable timely corrective, preventive, and predictive action.

• Develop qualitative integrated project baselines that are used to effectively measure project performance and provide the ability to take corrective / preventive / predictive action. Applies integrated objective risk management to the project baselines to optimize project risk responses.

• Performs contract reviews relative to payment requirements and supporting documentation.

• Applies core project controls expertise.

• Directs capital program cost effort.

• Tailors cost management processes to specific contract or project requirements.

• Tailors / creates cost management tools / techniques to advance cost performance.

• Provides continuous life cycle cost estimating / forecasting with increased predictability.

• Assist Project Managers and Project Cost and Budget Analysts in the accrual process, single point of accountability for accrual submittals. (aggregate in excess of $150M per month)

• Evaluate manpower, labor hours, and labor cost requirements versus budget limitations, perform cost and schedule analysis, and make corrective/preventive recommendations.

• Maintains / manages capital program Estimate at Completion and recommends areas of improvement to organizational owners and executives.

• Perform standard and advanced project and special project cost reporting as anticipated for the project stakeholders, organizational owners, and executives; compiles and produces cost reports as needed.

• Uses schedule analysis techniques to optimize schedule and cost performance; identifies corrective, preventive, and predictive project actions to enhance probability of achieving project objectives.

• Apply integrated project management proficiency in core integration, scope, cost, and schedule.

• Optimize product life cycle costing competence.

• Assist the project management team, Major Project managers, Director, and other relevant stakeholders in retrieving cost management information and reporting.

• Applies integrated thinking to cost management that facilitates improved objective performance.

• Utilize communication competence to drive effective project cost decision making.

• Development of Executive reporting from aggregation of multiple department capital financial information.

• Departmental integration and distribution of financial reports to executives, organizational owners and stakeholders on a weekly and monthly basis.

• Manage auditing of project controls major projects processes, cost tools, techniques and performance.

• Manage quarterly SOX compliance audits.

• Analyze departmental financial processes and outputs for monthly forecasting, accruals, variances, etc.

• Compilation, analyzation and dissemination of monthly and yearly NIPSCO capital forecast information.

• Manage risk identification to NIPSCO monthly, quarterly, and annual capital spend and provide recommendations for executive reallocation.

• Manage the NIPSCO Capital Reallocation Process inclusive of tracking of all departmental and executive reallocations and resulting executive approvals and reporting; integrate reallocation into capital plan.

• Individual single point of contact for NIPSCO month/year end capital spend reporting and associated variance explanation.

• Manages in a matrix environment having principal responsibility for leading the NIPSCO annual capital planning cycle and long-range planning process across all NIPSCO departments.

• The Senior Financial Analyst Project Controls will manage in accordance with Industry standards, the NiSource Project Management Guidelines and Standards, and industry best practices.

• Project Controls subject matter expert on Capital Governance application to the capital portfolio.

• Other duties as assigned

• Required Qualifications For Position

• Bachelor's Degree

• 8 years financial / cost management experience.

• Experience in executive reporting and presentation.

• Integrated knowledge base in project scope-schedule-cost, and risk-quality management.

• Integrated comprehension and application of project management subsidiary guidelines, standards, processes, and job aids.

• Integrated proficiency in risk and quality management tools and techniques.

• Leads (situational leadership), inspires, motivates project stakeholders in concert with effective stakeholder management using cognitive ability, personal effectiveness, innovation, value-based decision-making, integrated communication (soft and hard skills); conflict resolution, team work, team building.

• Manages executive, internal and external project stakeholders using cognitive ability, personal effectiveness, innovation, value-based decision-making, integrated communication (soft and hard skills); conflict resolution, and team work.

• Experience in large capital projects and capital portfolio financial analysis.

• Valid driver’s license.

• Preferred Additional Qualifications for Position

• Bachelor's Degree in Accounting, Business Mgmt or Finance

• Ability to develop/review project estimates and build project budgets; read and analyze project schedules.

• Ten years of experience working in Microsoft Excel, or equivalent software program, with responsibilities for data manipulation, integration and subsequent report generation.

• Physical Demands The preceding description is not designed to be a complete list of all duties and responsibilities required of the position.

Work Authorization

Authorized to work in the United States without requiring sponsorship.

Inclusion & Diversity

Value inclusion within your day to day responsibilities by respecting others perspectives/convictions, engaging others opinions, creating a safe environment where people, ideas, and opinions are valued within your Team/Customers and external partners.

Respect and take into consideration diversity within your Team/Customers and external work partners by valuing different world views, challenges, and cultures that represent all walks of life and all backgrounds.

Treat others with respect and consideration. Actively participate in creating and contributing to a positive work environment.

Equal Employment Opportunity

NiSource is committed to providing equal employment opportunities in each of its companies to all employees and applicants for employment without regard to race, color, religion, national origin or ancestry, veteran status, disability, gender, age, marital status, sexual orientation, gender identity, sex (including pregnancy, lactation, childbirth or related medical conditions), genetic information, citizenship status, or any protected group status as defined by law. Each employee is expected to abide by this principle.

By applying, you may be considered for other job opportunities.

Safety Statement

Promote a safe work environment by actively participating in all aspects of our employee safety program. Report any unsafe conditions and take actions to prevent personal injuries. Support our interdependent safety culture by ensuring the safety of your co-workers. Stay focused on the task at hand and promote productivity through good work habits.

Salary Range:

$91,000.00 - $136,600.00

Posting Start Date:

2024-11-27

Posting End Date (if applicable):

2024-12-12

Please note that the job posting will close on the day before the posting end date.

At NiSource, you'll be part of the team serving nearly four million customers throughout the Midwest and Mid-Atlantic, who count on us to energize their homes and businesses. Whether speaking with customers by phone, analyzing financial data or installing new gas lines in a neighborhood, you’ll meet exciting challenges each day and make the most of your skills and talents. And you’ll be part of a company that was named by Forbes magazine as one of America’s Best Large Employers.

We're looking for talent from all backgrounds. We invite candidates of all abilities to come as they are and do what they love. Through our years of successful growth, we’ve stayed true to our roots by making a difference in the lives of millions of our customers. If you’re interested in joining an inclusive, innovative company that fosters opportunity for growth, NiSource might be the place for you.