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Senior Project Cost Analyst Jobs (NOW HIRING)

IES Communications

Project Cost Analyst

Tempe, AZ · On-site

$66K/yr

The Project Cost Analyst will support project teams with timely, accurate and meaningful financial information. The Project Cost Analyst undertakes all aspects of financial project management ...

IES Communications

Project Cost Analyst

Tempe, AZ · On-site

$75K/yr

The Project Cost Analyst will support project teams with timely, accurate and meaningful financial information. The Project Cost Analyst undertakes all aspects of financial project management ...

Quanta Services

Project Cost Analyst

Provo, UT · On-site

The Project Cost Analyst supports the financial and cost-control functions of construction projects, working under the direction of the Project Controller and/or Project Manager. This role focuses on ...

Manifest Solutions

Project Cost Analyst

Columbus, OH · On-site

Coordinates project cost analysis and controls across multiple projects, supporting Project Managers and teams with minimal supervision and strong independent judgment. * Oversees cost reporting ...

Fives-S Group

Project Cost Analyst

Baton Rouge, LA

The Project Cost Analyst supports project delivery by providing detailed cost tracking, forecasting, and financial analysis for industrial construction projects. This role ensures accurate cost ...

Five-S Group

Project Cost Analyst

Baton Rouge, LA · On-site

The Project Cost Analyst supports project delivery by providing detailed cost tracking, forecasting, and financial analysis for industrial construction projects. This role ensures accurate cost ...

Five-S Group

Project Cost Analyst

Baton Rouge, LA · On-site

The Project Cost Analyst supports project delivery by providing detailed cost tracking, forecasting, and financial analysis for industrial construction projects. This role ensures accurate cost ...

Aep

Project Cost Analyst - Senior

Tulsa, OK · On-site

$76K - $96K/yr

Job Summary This role will be responsible for coordinating project cost analysis and controls for ... As a senior member of the team, expectations include developing/conducting training, leading ...

Curtin Maritime

Project Cost Analyst

Long Beach, CA · On-site

$90K - $100K/yr

The Opportunity Curtin Maritime is looking for a Cost Analyst to own day-to-day cost tracking and reporting for our dredging projects. Right now, project cost data lives across multiple systems with ...

Aep

Project Cost Analyst - Senior

Shreveport, LA · On-site

$82K - $105K/yr

Job Summary This role will be responsible for coordinating project cost analysis and controls for ... As a senior member of the team, expectations include developing/conducting training, leading ...

SummitHR

Project Cost Analyst

Los Angeles, CA · On-site

Strong understanding of cost control and budgeting principles within the context of large-scale projects, with a proven track record of utilizing specialized software to streamline cost analysis ...

ITAC

Project Cost Analyst

Piscataway, NJ · On-site

Overview We are seeking a Project Cost Analyst to support a Client's portfolio of capital projects within an active manufacturing environment. This role will be responsible for monitoring, analyzing ...

ITAC

Project Cost Analyst

Piscataway, NJ · On-site

Overview We are seeking a Project Cost Analyst to support a Client's portfolio of capital projects within an active manufacturing environment. This role will be responsible for monitoring, analyzing ...

ITAC

Project Cost Analyst

New Haven, CT · On-site

Overview We are seeking a Project Cost Analyst to support a Client's portfolio of capital projects within an active manufacturing environment. This role will be responsible for monitoring, analyzing ...

Arena Technical Resources

Senior Cost Analyst

Atlanta, GA · On-site

$130K - $160K/yr

Senior Cost Analyst Job Location: Atlanta, Georgia (Full time Onsite) Compensation: $130,000 to ... This role partners closely with project management, field operations, scheduling, procurement, and ...

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Senior Project Cost Analyst information

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How much do senior project cost analyst jobs pay per year?

As of Sep 1, 2026, the average yearly pay for senior project cost analyst in the United States is $97,063.00, according to ZipRecruiter salary data. Most workers in this role earn between $83,500.00 and $106,000.00 per year, depending on experience, location, and employer.

What does a senior project cost analyst do?

A Senior Project Cost Analyst is responsible for monitoring, analyzing, and managing the costs associated with large projects. They develop cost estimates, track expenditures, and compare actual costs against budgets to ensure projects stay financially on track. In addition, they prepare financial reports, identify cost-saving opportunities, and work with project managers and other stakeholders to support decision-making. Their expertise helps organizations control spending and improve project profitability.

How does a senior project cost analyst typically collaborate with project managers and other stakeholders to ensure budget adherence?

A Senior Project Cost Analyst works closely with project managers, engineers, and finance teams to monitor expenditures, forecast costs, and identify potential budget overruns early. This collaboration often involves regular meetings to review project progress, communicating financial risks, and providing actionable insights for cost-saving measures. By integrating cost data with project timelines and resource allocations, the analyst ensures transparency and supports informed decision-making throughout the project lifecycle. Maintaining open lines of communication is key to proactively addressing challenges and keeping projects on track financially.

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

To thrive as a Senior Project Cost Analyst, you need strong analytical skills, expertise in financial modeling, and a solid background in accounting or finance, often supported by a bachelor's degree and several years of relevant experience. Proficiency in tools like Microsoft Excel, project management software (such as Primavera or MS Project), and ERP systems, as well as certifications like PMP or CCP, are commonly required. Exceptional attention to detail, communication, and problem-solving abilities help you collaborate effectively and present complex cost data to stakeholders. These skills and qualifications are crucial for ensuring accurate project budgeting, cost control, and strategic decision-making within organizations.

Is a senior project cost analyst a good job?

A senior project cost analyst is a valuable role responsible for managing project budgets, analyzing costs, and ensuring financial efficiency. It typically requires strong analytical skills, proficiency with cost management tools, and experience in project management. The job offers opportunities for advancement and is often found in industries like construction, engineering, and manufacturing.
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Senior Project Cost Analyst jobs near you
Infographic showing various Senior Project Cost Analyst job openings in the United States as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $97,063 per year, or $46.7 per hour.

Sr Project Cost Analyst

Baltimore Gas and Electric Company

Baltimore, MD • On-site

$84K - $107K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 27 days ago

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
The Senior Cost Analyst is a key member of BGE's Project Initiation Team, responsible for developing and validating cost estimates and cash flow forecasts for major Transmission capital projects during the early stages of the project lifecycle.
  • Experience supporting early-stage project initiation or feasibility, including development of conceptual and preliminary cost estimates with limited scope definition.

This role focuses on building reliable, defensible cost information that supports project scoping, feasibility, and readiness for Phase 1 authorization. Working closely with Project Managers, Schedulers, Estimators, Planning, Engineering, and Investment Strategy, the Senior Cost Analyst integrates cost inputs with schedule, scope, and risk to develop cohesive and credible financial projections. The role ensures that early-stage estimates are supported by clear assumptions, appropriate methodologies, and defined ranges of uncertainty, enabling informed capital decision-making. The Senior Cost Analyst plays a critical role in identifying cost drivers, validating inputs, and assessing financial risks early in the project lifecycle. This includes developing contingency approaches, evaluating estimate maturity, and supporting alignment between project cost forecasts and portfolio-level financial planning. By providing transparency into cost assumptions and risks, this role helps improve financial accuracy and reduce downstream rework. In addition, the Senior Cost Analyst supports the development of project cash flows aligned with preliminary schedules, ensuring that funding requirements are understood and incorporated into both near-term and long-range planning. The role also contributes to the preparation of governance materials by delivering clear, consistent, and decision-ready cost information. The Senior Cost Analyst does not support execution-phase cost control activities instead, the role ensures that projects are transitioned to execution teams with a well-defined estimate, transparent assumptions, and a clear understanding of cost risks and drivers-strengthening execution readiness and improving overall portfolio predictability.
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. (25%)
  • Assist in the development and continued monitoring of the budgets and LRPs for transmission, sub-station, distribution, and gas (BGE) projects and programs. Monitor, track, and report project budgets, forecasts, accruals, and actuals (20%)
  • 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. (15%)
  • Develop, organize, and present project and program performance reports for both internal and external use. (10%)
  • 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. (10%)
  • Analyze project actual and forecast data accuracy to ensure compliance with annual internal and external Sarbanes Oxley Audits. (10%)
  • Manage the vendor forecasting process which is used as a source of input for both forecasting and accruals by Project Controls. (5%)
  • Provide support to Project Managers for presentations and forms required for project authorization. (5%)

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 and 4-7 years related experience, or in lieu of Bachelor's degree, 6-9 years relevant business experience is required.
  • Specialized Skills, Knowledge, License Requirements/Registrations, Etc.:
    • 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.
  • Demonstrated experience supporting early-stage project initiation or feasibility, including development of conceptual and preliminary cost estimates with limited scope definition.
  • Strong understanding of cost estimating methodologies (parametric, analogous, bottoms-up), with ability to develop defensible estimates under uncertainty and clearly communicate assumptions and confidence levels.
  • Experience integrating cost, schedule, and risk, including use of contingency, escalation, and risk-informed estimating to support project readiness and capital decision-making.
  • Proven ability to develop cash flow forecasts aligned with preliminary schedules, supporting both near-term funding needs and long-range capital planning.
  • Experience analyzing cost drivers, trends, and variances, and translating findings into actionable insights for project teams and management.
  • Ability to coordinate with Engineering, Planning, Scheduling, and Project Management to validate estimate inputs, ensure alignment, and improve overall estimate quality. Familiarity with governance and capital authorization processes, including preparation of cost inputs for approval packages and readiness reviews.
  • Experience supporting or coordinating with Investment Strategy or Finance organizations, including understanding how estimates impact capital forecasts and portfolio decisions.
  • Proficiency in estimating and financial tools (e.g., Excel modeling, estimating systems such as WinEst or similar), with ability to present cost information clearly to both technical and leadership audiences.
  • Experience working within a regulated utility or capital project environment, with understanding of Transmission project cost drivers such as labor, materials, permitting, and long-lead equipment.
  • Demonstrated ability to perform effectively in a matrixed environment, influencing stakeholders and ensuring timely, accurate cost inputs across multiple concurrent projects.
  • Experience supporting time-sensitive or accelerated efforts, delivering reasonable estimate ranges and cash flow projections when full design or detailed takeoffs are not available.

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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