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Project Cost Analyst Jobs (NOW HIRING)

ComEd

Sr Project Cost Analyst

Oakbrook Terrace, IL · On-site

$83K - $105.30K/yr

... cost tracking, project authorization, work management, contracts, and material tracking. Provide broad analytical and operational support to the business unit. Prepare comprehensive reports to ...

Aep

Project Cost Analyst Associate- Senior

New Albany, OH · On-site

$80.20K - $101.80K/yr

Job Summary This role will be responsible for coordinating project cost analysis and controls for team activities supporting the Project Managers (PMs), or other staff, including overseeing the cost ...

Worley

Principal Cost Analyst

Cameron, LA · On-site

We partner with our customers to deliver projects and create value across the life of their assets ... The Principal Cost Analyst plays a critical role in supporting Worley's commitment to operational ...

Renuke

Sr. Project Controls Cost Analayst.

Stanley, NC · On-site

$80.30K - $102K/yr

SENIOR PROJECT CONTROLS COST ANALYST- STANLEY, NC - 6 MONTHS ReNuke Services is seeking a Sr. Project Controls Cost Analyst for our client"s site in Stanley, NC DESCRIPTION: Candidates will be ...

LanceSoft

Cost Analyst

White Plains, NY

White Plains, NY Project Overview: * Candidate will support cost analysis functions in Cost Management Group department supporting capital projects. Job Functions & Responsibilities: * Develop work ...

ReNuke Services

Be Seen First

Sr. Project Controls Cost Analyst

Stanley, NC · On-site

$80 - $83/hr

SENIOR PROJECT CONTROLS COST ANALYST- STANLEY, NC - 6 MONTHS ReNuke Services is seeking a Sr. Project Controls Cost Analyst for our client's site in Stanley, NC DESCRIPTION: Candidates will be ...

BNH

Cost Analyst

Hyattsville, MD · On-site

$68K - $89K/yr

Support project managers in the development of monthly project estimates, monitoring project cost ... Analyze financial data to provide accurate and timely cost reports to stakeholders. * It is a ...

EnSiteUSA

Cost Controller/Analyst

Lexington, KY · On-site

JOB SUMMARY Provide project manager, project control director and lead engineers with the ... In addition to cost control services at the project level a Cost Analyst is an experienced ...

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Project Cost Analyst information

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$37K

$86.3K

$127.5K

How much do project cost analyst jobs pay per year?

As of Jun 4, 2026, the average yearly pay for project cost analyst in the United States is $86,312.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,500.00 and $100,500.00 per year, depending on experience, location, and employer.

What is a Project Cost Analyst job?

A Project Cost Analyst is responsible for tracking, analyzing, and forecasting costs associated with a project to ensure budget adherence. They work closely with project managers, finance teams, and stakeholders to assess financial performance, monitor expenditures, and identify cost-saving opportunities. Their duties often include preparing cost reports, evaluating financial risks, and ensuring accurate budgeting. The role is critical in maintaining financial efficiency and supporting decision-making throughout a project's lifecycle.

What are the key skills and qualifications needed to thrive in the Project Cost Analyst position, and why are they important?

To thrive as a Project Cost Analyst, you need strong analytical skills, proficiency in budgeting and forecasting, and a degree in finance, accounting, engineering, or a related field. Familiarity with project management software (like MS Project or Primavera), specialized cost estimation tools, and certifications such as the Certified Cost Professional (CCP) or Project Management Professional (PMP) are valuable. Effective communication, attention to detail, and problem-solving abilities are key soft skills that make a candidate stand out. These competencies are crucial for accurately tracking project expenses, supporting decision-making, and ensuring projects stay within budget and timeline constraints.

What are the typical daily responsibilities of a Project Cost Analyst?

A Project Cost Analyst's day-to-day activities often include analyzing project budgets and costs, preparing regular financial reports, and tracking variations in project expenses. They work closely with project managers, engineers, and procurement teams to collect cost data, review milestones, and forecast future expenditures. Monitoring project cash flow and providing early warnings on potential overruns are also pivotal to the role. Collaboration and clear communication with various stakeholders ensure accurate cost control and help drive projects to successful completion within the allocated budget.

Is a budget analyst an entry level job?

A budget analyst is often an entry-level position, especially for those with a bachelor's degree in finance, accounting, or a related field. However, some roles may require prior experience or specialized skills in financial analysis or software tools like Excel. Advancement typically involves gaining experience and developing expertise in budgeting and financial planning.

What is a project cost analyst?

A project cost analyst is a professional responsible for estimating, monitoring, and controlling the costs associated with projects. They analyze budgets, track expenses, and ensure projects stay within financial targets, often using tools like spreadsheets and project management software. Strong analytical skills and knowledge of financial principles are essential for this role.
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What cities are hiring for Project Cost Analyst jobs? Cities with the most Project Cost Analyst job openings:
What are the most commonly searched types of Project Cost Analyst jobs? The most popular types of Project Cost Analyst jobs are:
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Project Cost Analyst jobs near you
Infographic showing various Project Cost Analyst job openings in the United States as of May 2026, with employment types broken down into 64% Full Time, 33% Part Time, and 3% Contract. Highlights an 86% Physical, 4% Hybrid, and 10% Remote job distribution, with an average salary of $86,312 per year, or $41.5 per hour.
Sr Project Cost Analyst

Sr Project Cost Analyst

ComEd

Oakbrook Terrace, IL • On-site

$83K - $105.30K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 7 days ago

ComEd rating

8.6

Company rating: 8.6 out of 10

Based on 26 frontline employees who took The Breakroom Quiz

Job description

Who We Are
We're powering a cleaner, brighter future.
Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient.
We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 20,000 colleagues strong serving more than 10.7 million customers at six energy companies -- Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco).
We're committed to creating an environment where every person can thrive. Our employee experience is grounded in four tenets that guide how we support our people: purposeful careers, growth opportunities, community impact, and support to thrive.
In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career.
Are you in?
Primary Purpose
Provide project controls cost engineering support to Directors, Manager of Projects, Project Managers, contractors and other key team members. Develop and monitor the annual budgets, actual and forecasted costs, and Long-Range Plans for transmission, substation, distribution, and gas (PECO and BGE) projects and programs. Utilize multiple existing Exelon systems to support current and future work with respect to budgeting, financial forecasting, actual cost tracking, project authorization, work management, contracts, and material tracking. Provide broad analytical and operational support to the business unit. Prepare comprehensive reports to support business operations including reauthorization risk, forecast accuracy by Project Managers, program and department, CIAC forecast and analysis, contingency released and remaining, and others as requested. Utilize WPT to create PAR forms, ITN's, Project IDs, and update financial plan types. Coordinate project authorization process including updating decks for all centrally managed projects. Schedule and run monthly project status calls. Track and manage In-Service Dates and Project Aging PIs.
Primary Duties
  • Manage project forecasting, accrual, and status process. Attend required meetings and reach out to project stakeholders for detailed project information. Identify project/program budget, forecast, and authorization issues early and assist in developing resolutions to meet project metrics.
  • Assist in the development and continued monitoring of the budgets and LRPs for transmission, sub-station, distribution. Monitor, track, and report project budgets, forecasts, accruals, and actuals
  • Manage project and program financial risks and opportunities and provide detailed analysis of variances to budget, quarterly plan, and month over month variance analysis. Support project management at resulting financial challenge meetings.
  • Develop, organize, and present project and program performance reports for both internal and external use.
  • Schedule and facilitate monthly forecasting and accrual meetings and prepare monthly project accruals and journal entries for project manager review and submittal to Finance department before submittal to Finance group, reporting variances and issues to both the project management and project controls leadership.
  • Analyze project actual and forecast data accuracy to ensure compliance with annual internal and external Sarbanes Oxley Audits.
  • Manage the vendor forecasting process which is used as a source of input for both forecasting and accruals by Project Controls.
  • Provide support to Project Managers for presentations and forms required for project authorization.

Job Scope
  • This is an individual contributor position that works independently with only general direction, relying on knowledge skills and judgment acquired through education and relevant experience to plan and accomplish assigned tasks and goals. The position regularly mentors less experienced colleagues.
  • Position requires routine interaction with key internal and external stakeholders, executives, directors, managers and staff across the organization.
  • May require working extended hours and/or shift work to support business operations.

Minimum Qualifications
  • Bachelor's degree in Business, Financial or Technical Field.
  • 4-7 years related experience, or in lieu of Bachelor's degree, 6-9 years relevant business experience is required.
  • Comprehensive understanding of applicable standards, methods, processes and practices, business fundamentals, and performance metrics in the specific functional area supported by this position (e.g., asset management, electric or gas operations, customer service, transmission and substation, distribution system operations, regulatory and external affairs, transmission operations and planning).
  • Ability to provide in-depth analysis and apply forecasting, analytical and statistical problem solving, financial, accounting, and budget analysis.
  • Demonstrated strong analytical skills for project financial evaluation and risk identification and mitigation.
  • Customer driven with strong oral and written communications skills and strong analytical, problem solving and project management skills.
  • Comprehensive knowledge of the financial / cost analyst practices, procedures and principles of performance analysis (trending, root cause and gap analysis) benchmarking and audit compliance.
  • Ability to analyze organizational data and complex problems, interpret and recommend alternative courses of action, and implement intervention strategies to attain performance targets.
  • Demonstrated strong analytical skills for project evaluation including analysis of complex projects with economic, financial, risk and decision analysis.

Preferred Qualifications
  • Financial advanced degree.
  • 5-8 years project cost tracking experience in electric / gas transmission, distribution, and substation industry
  • Advanced proficiency in standard software applications (e.g., Microsoft Word, Excel, Access, PowerPoint, Project), specialized business technologies and applications (e.g., , project management, WPT, Asset Suite 8, , CIS, EPS, , forecasting, ) to retrieve and analyze data in support of business needs
  • Proficient in business case development and ability to effectively present business cases to business unit leadership.

Benefits
  • Annual salary will vary based on a candidate's skills, qualifications, experience, and other factors: $85,600.00/Yr. - $117,700.00/Yr.
  • Annual Bonus for eligible positions: 15%
  • 401(k) match and annual company contribution
  • Medical, dental and vision insurance
  • Life and disability insurance
  • Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave
  • Employee Assistance Program and resources for mental and emotional support
  • Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement
  • Referral bonus program
  • And much more

Note: Exelon-sponsored compensation and benefit programs may vary or not apply based on length of service, job grade, job classification or represented status. Eligibility will be determined by the written plan or program documents.

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About ComEd

Sourced by ZipRecruiter

ComEd began as the Western Edison Light Company, one of several companies owned by inventor and researcher Thomas Edison. In July 1892, another Edison employee moved to Chicago to run Edison's local company, Chicago Edison. Sam Insull had a sharp business mind and eagerly increased his knowledge of electricity. Through improved marketing and increased demand for electric lighting, Commonwealth Edison was born in September 1907. ComEd is a unit of Chicago-based Exelon Corporation, a Fortune 100 energy company with approximately 10 million electricity and natural gas customers. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state’s population. ComEd's service territory borders Iroquois County to the south (roughly Interstate 80), the Wisconsin border to the north, the Iowa border to the west and the Indiana border to the east.

Industry

Utilities

Company size

10,000+ Employees

Headquarters location

Chicago, IL, US

Year founded

1907

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