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Project Cost Control Specialist Jobs (NOW HIRING)

POSITION PURPOSE The logistics cost specialist will lead cost control activities across the operational support functions. The position is responsible for tracking, analyzing, and reporting Logistics ...

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Project Cost Control Specialist information

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How much do project cost control specialist jobs pay per hour?

As of Aug 9, 2026, the average hourly pay for project cost control specialist in the United States is $35.66, according to ZipRecruiter salary data. Most workers in this role earn between $22.36 and $45.67 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a project cost control specialist, and why are they important?

To excel as a Project Cost Control Specialist, you need a strong background in finance, project management, and cost analysis, often supported by a relevant degree and experience in budgeting or accounting. Proficiency with cost control software (such as Primavera, SAP, or MS Excel), ERP systems, and sometimes certifications like PMP or CCP is typically expected. Exceptional attention to detail, analytical thinking, and effective communication are vital soft skills for collaborating with project teams and stakeholders. These skills ensure accurate project budgeting, timely financial reporting, and informed decision-making, which are critical to keeping projects on track and within budget.

What does a project cost control specialist do?

A Project Cost Control Specialist is responsible for monitoring, analyzing, and reporting on the financial aspects of projects to ensure they stay within budget. They track project expenses, forecast future costs, and work closely with project managers and other stakeholders to identify potential cost overruns. By implementing cost control measures and preparing detailed financial reports, they help organizations manage resources efficiently and achieve project objectives.

What is the difference between Project Cost Control Specialist vs Cost Analyst?

AspectProject Cost Control SpecialistCost Analyst
Primary FocusMonitoring and controlling project budgets and costsAnalyzing overall cost data to identify trends and efficiencies
Work EnvironmentConstruction, engineering, or large-scale project settingsCorporate finance, manufacturing, or consulting firms
CertificationsCPM, PMP, or similar project management certifications often preferredCPA, CMA, or financial analysis certifications

While both roles involve financial analysis, the Project Cost Control Specialist focuses on managing costs within specific projects, ensuring budgets are adhered to. The Cost Analyst takes a broader view, analyzing overall cost data to inform strategic decisions. Both roles require strong analytical skills and financial knowledge, but their scope and focus differ based on project versus organizational financial analysis.

How does a project cost control specialist typically collaborate with project managers and other stakeholders during a project's lifecycle?

A Project Cost Control Specialist works closely with project managers, engineers, and finance teams to monitor budgets, track expenses, and ensure that projects stay within financial parameters. They regularly attend project meetings to provide cost updates, analyze variances, and forecast potential budget risks. Effective communication and collaboration are essential, as cost control specialists must relay complex financial data in a clear manner to support decision-making. This role often requires proactive problem-solving to address cost overruns and recommend corrective actions.
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What cities are hiring for Project Cost Control Specialist jobs? Cities with the most Project Cost Control Specialist job openings:
What states have the most Project Cost Control Specialist jobs? States with the most job openings for Project Cost Control Specialist jobs include:
What job categories do people searching Project Cost Control Specialist jobs look for? The top searched job categories for Project Cost Control Specialist jobs are:
Infographic showing various Project Cost Control Specialist job openings in the United States as of August 2026, with employment types broken down into 50% Full Time, and 50% Contract. Highlights an 100% In-person job distribution, with an average salary of $74,169 per year, or $35.7 per hour.

Project Control Specialist II or Senior Project Control Specialist

Xcel Energy

Amarillo, TX • On-site

$84K - $120K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 21 days ago


Xcel Energy rating

8.3

Company rating: 8.3 out of 10

Based on 89 frontline employees who took The Breakroom Quiz

20th of 53 rated energy and utility


Job description

Are you looking for an exciting job where you can put your skills and talents to work at a company you can feel proud to be a part of? Do you want a workplace that will challenge you and offer you opportunities to learn and grow? A position at Xcel Energy could be just what you're looking for.

This position may be filed at a level II or Senior. The position summary and responsibilities highlight the level II role.

Position Summary
This position is responsible for the development and analysis of cost analysis reports, development and analysis of project schedules, support for project lifecycle execution or a combination there of on organizationally strategic projects. Coordinate with Project Managers to assemble the budget and forecast data to provide integrated reporting. Supports initial and on-going project set up in the work and asset management system. Advise and assist in the initial development of financial work breakdown structure, accounting, estimating, and reporting. Advise and assist in the development of the schedule work breakdown structure, resource loading & profiles, and adherence to organizational performance index. Functional integration of schedule and financial software. Assists department leads with creation and coordination of short and long term work profiles. Provides regional training and mentoring to various stakeholders and project control personnel as a subject matter expert.
Essential Responsibilities

  • Supports the Project Managers' with standardized reporting for regional capital project stakeholders regarding project level business area capital expenditures. Establishes, implements and monitors the availability, accuracy and usefulness of project cost analysis reports and key performance indicators for use at the individual project level up to executive management.

  • Develop, maintain and promote project schedules as a project management tool. Progressively elaborate schedule details to identify critical path. Support Project Managers by assessing the reporting of work progress against the project baseline. Maintain subject matter expert proficiency of the corporate tool and knowledge of industry standard software tools.

  • Assists Project Managers and other project personnel in preparing project Cost Analysis Reports and various cost analyses. Facilitate execution of strategic projects for all aspects of project cost controls. Understands, demonstrates and communicates the use of Work Breakdown Structures in project cost control.

  • Responsible for understanding and integrating capital cost reporting tools and applications, including the Work and Asset Management System. Demonstrates super-user capabilities with the Work and Asset Management System, and other financial systems.

  • Works in conjunction with Capital Project Analyst, Capital Asset Accounting, Tax, Regulatory finance and other areas of Xcel Energy and the business area to facilitate integration of financial aspects and impacts for Capital Projects. Understands Sarbanes Oxley key controls and provides and reporting and tracking for all key controls applicable to a capital project.

  • Provides training for internal and external stakeholders on process and function within the overall project management process. Provides mentoring on the work and asset management system and/or scheduling software in relation to execution, control, analysis and reporting.

Project Control Specialist II (Salary range: $73,700.00 -$104,633.33)
Minimum Requirements

  • Required BS/BA Degree in Construction Management, Business, Finance or technical field (or a combination of education and experience providing equivalent knowledge) and relevant experience with project planning, cost estimating, scheduling, forecasting and financial analysis.

  • Minimum of five (5) years related project controls experience. Practical knowledge of overall project control, estimating, and reporting methods.

  • Expert level knowledge of one or highly proficient in both: Cost control for application in project cost estimating, organization, and control. Scheduling for project planning and monitoring/control methods and practices.

  • Comprehensive understanding of company policies, procedures and financial obligations that would apply to projects.

  • Proficient in standard server software applications such as e-mail, spreadsheet, word processing, database, as well as scheduling and cost estimating software applications.

  • Preferred Past experience with Enterprise based scheduling tool, Project & Portfolio Management tool, Business Objects and SAP software programs is desirable.

Sr. Project Control Specialist (Salary range: $84,900.00 -$120,566.66)

Minimum Requirements

  • Bachelor Degree from an accredited university, or equivalent relevant experience with knowledge of project planning, scheduling and cost estimating techniques.

  • Minimum of ten (10) years related experience.

  • Practical knowledge of overall project control, estimating, and reporting methods and working knowledge scheduling and cost control for application in project cost estimating, organization, and control.

  • Detailed knowledge of project planning, scheduling, and monitoring/control methods and practices.

  • Comprehensive understanding of company policies, procedures and financial obligations that would apply to projects.

  • Expert in standard server software applications such as e-mail, spreadsheet, word processing, database, as well as scheduling and cost estimating software applications.

  • Past experience with software tool development for project management desirable.

As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need. If you're ready to be a part of something big, we invite you to join our team.

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Individuals with a disability who need an accommodation to apply please contact us at recruiting@xcelenergy.com.

Non-BargainingThe anticipated starting base pay for this position is: $73,700.00 to $120,566.66 per yearThis position is eligible for the following benefits: Annual Incentive Program, Medical/Pharmacy Plan, Dental, Vision, Life Insurance, Dependent Care Reimbursement Account, Health Care Reimbursement Account, Health Savings Account (HSA) (if enrolled in eligible health plan), Limited-Purpose FSA (if enrolled in eligible health plan and HSA), Transportation Reimbursement Account, Short-term disability (STD), Long-term disability (LTD), Employee Assistance Program (EAP), Fitness Center Reimbursement (if enrolled in eligible health plan), Tuition reimbursement, Transit programs, Employee recognition program, Pension, 401(k) plan, Paid time off (PTO), Holidays, Volunteer Paid Time Off (VPTO), Parental Leave

Benefit plans are subject to change and Xcel Energy has the right to end, suspend, or amend any of its plans, at any time, in whole or in part.

In any materials you submit, you may redact or remove age-identifying information including but not limited to dates of school attendance and graduation. You will not be penalized for redacting or removing this information.

Deadline to Apply: 08/16/26

EEO is the Law |EEO is the Law Supplement | Pay Transparency Nondiscrimination | Equal Opportunity Policy (PDF) | Employee Rights (PDF)

All Xcel Energy employees and contractors share responsibility for protecting the company's information and systems by adhering to cybersecurity policies, standards, and best practices, recognizing that cybersecurity is everyone's responsibility.

ACCESSIBILITY STATEMENT

Xcel Energy endeavors to make https://www.xcelenergy.com/ accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact Xcel Energy Talent Acquisition at recruiting@xcelenergy.com. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.


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About Xcel Energy

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Xcel Energy is a prominent electricity and natural gas service provider serving multiple states in the United States, including Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. Our commitment revolves around delivering essential services to our valued customers. As a trailblazer in the industry, we were the first major US electricity provider with a visionary goal to achieve 100% carbon-free electricity by 2050 and an ambitious 80% reduction in carbon emissions by 2030, based on 2005 levels. Through innovative electric vehicle initiatives, we actively contribute to carbon reduction not only in our electricity generation but also in the transportation sector within the states we operate. Simultaneously, we remain devoted to ensuring cost-effectiveness for our customers by implementing advanced electricity rates and energy efficiency programs.

Industry

Utilities

Company size

10,000+ Employees

Headquarters location

Minneapolis, MN, US

Year founded

1909