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Senior Project Cost Analyst Jobs in Indiana (NOW HIRING)

Job Summary Supervise Cost Analysts in their execution of normal assigned project cost analysis duties. Oversee testing and compliance to assigned SOX controls. Lead monthly multi department ...

... and analyze data resulting in more accurate project forecasting. * Assist in annual budget ... Works to implement cost preventive action. * Perform standard project and special project cost ...

... and analyze data resulting in more accurate project forecasting. * Assist in annual budget ... Works to implement cost preventive action. * Perform standard project and special project cost ...

Prepare and deliver concise presentations to senior management highlighting financial performance ... You will partner with cost center leaders to develop budgets and analyze financial trends to ...

Prepare and deliver concise presentations to senior management highlighting financial performance ... You will partner with cost center leaders to develop budgets and analyze financial trends to ...

Responsible for cost engineering, cost estimation, cost analysis, and control activities for projects with significant non-routine requirements or for proposal estimating activities which require a ...

Responsible for cost engineering, cost estimation, cost analysis, and control activities for projects with significant non-routine requirements or for proposal estimating activities which require a ...

Responsible for cost engineering, cost estimation, cost analysis, and control activities for projects with significant non-routine requirements or for proposal estimating activities which require a ...

Responsible for cost engineering, cost estimation, cost analysis, and control activities for projects with significant non-routine requirements or for proposal estimating activities which require a ...

Responsible for cost engineering, cost estimation, cost analysis, and control activities for projects with significant non-routine requirements or for proposal estimating activities which require a ...

Responsible for cost engineering, cost estimation, cost analysis, and control activities for projects with significant non-routine requirements or for proposal estimating activities which require a ...

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Senior Project Cost Analyst information

See Indiana salary details

$64.4K

$96.9K

$130.3K

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

As of Aug 28, 2026, the average yearly pay for senior project cost analyst in Indiana is $96,900.00, according to ZipRecruiter salary data. Most workers in this role earn between $83,700.00 and $107,700.00 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.

What are the most commonly searched types of Project Cost Analyst jobs in Indiana?

The most popular types of Project Cost Analyst jobs in Indiana are:

What are popular job titles related to Senior Project Cost Analyst jobs in Indiana?

For Senior Project Cost Analyst jobs in Indiana, the most frequently searched job titles are:

What cities in Indiana are hiring for Senior Project Cost Analyst jobs?

Cities in Indiana with the most Senior Project Cost Analyst job openings:

Team Ldr Project Cost Analyst

Valparaiso, IN • On-site


NiSource
Utilities • 5 - 10K employees

8.2

Company rating: 8.2 out of 10

Based on 31 frontline employees who took The Breakroom Quiz

26th of 53 rated energy and utility

People enjoy working here

Good employer

Respectful managers


Full-time

Posted 15 days ago


Job description

Job Summary
Supervise Cost Analysts in their execution of normal assigned project cost analysis duties. Oversee testing and compliance to assigned SOX controls. Lead monthly multi department reallocation exercises and provide status reporting as necessary. Provide capital variance reporting and explanations to company Executives each month and additionally as required. Supervise the processing of customer CIACs (Contribution in Aid of Construction) and tracking of reimbursable projects.
Essential Functions
  • Increase 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. Apply the cost of quality to cost management.
  • Applies integrated objective risk management to the project baselines to optimize project risk responses.
  • Orchestrates contract commercial management, facilitates contract payments, conduct contract performance assessment and reporting and initial contract performance analysis and contract commercial forecasting. Performs contract reviews relative to payment requirements and supporting documentation
  • Applies core project controls expertise.
  • Review and coordinate the management and utilization of project management guidelines, project management standards, processes, job aids, and tools.
  • Integrates all project management subsidiary systems to improve project performance.
  • Directs cost effort.
  • Tailors cost management processes.
  • Tailors / creates cost management tools / techniques to advance cost performance.
  • Provides continuous life cycle cost estimating / forecasting with increased predictability.
  • Manages the project budget and cost performance baseline.
  • Process labor timesheets, invoices, and other submittals associated with contract labor; code invoice details for Nature of Expenses, Work Breakdown Structure and Cost Budgeting System codes; Assist Project Managers and Cost Budget Analysts in the accrual process.
  • Evaluate manpower, labor hours, and labor cost requirements versus budget limitations, perform cost and schedule analysis, and make corrective/preventive recommendations.
  • Maintains / manages project Estimate at Completion and recommends areas of improvement to project stakeholders.
  • Works to implement cost predictive (opportunity) actions.
  • Perform standard and advanced project and special project cost reporting as anticipated for the project stakeholders; 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.
  • The Team Lead Project Cost Analyst will manage in accordance with Industry standards, the NiSource Project Management Guidelines and Standards, and industry best practices.

  • Required Qualifications For Position
  • High School Diploma
  • 7-9 years Eight years of experience working in Microsoft Excel, or equivalent software program, with responsibilities for data manipulation, integration and subsequent report generation.
  • 4-6 years 4 years financial / cost management experience
  • Experience developing/reviewing project estimates; building project budgets, reading, analyzing project schedules
  • 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 project stakeholders using cognitive ability, personal effectiveness, innovation, value based decision-making, integrated communication (soft and hard skills); conflict resolution, and team work

  • DL NUMBER - Driver License, Valid and in State Upon Hire

  • Preferred Additional Qualifications for Position
  • Bachelor's Degree
  • 4-6 years 4+ years of experience working in Microsoft Excel, or equivalent software program, with responsibilities for data manipulation, integration and subsequent report generation.
  • Experience in large industrial Capital Project environments.

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

    As a public utility, NiSource provides essential services to customers 24/7. Emergency needs can arise at various times throughout the year, including during storm season. Employees may be required to support emergency response efforts, which could include working outside normal hours or assisting with tasks outside of typical responsibilities.


    Work Authorization

    Candidates must be legally authorized to work in the United States and must not require employer sponsorship now or in the future.


    Workplace Connection
    We value a workplace where everyone feels respected, included, and able to do their best work. We encourage open dialogue, value different perspectives, and work collaboratively with employees, customers, and partners.


    We recognize and respect the unique experiences people bring, including different backgrounds, cultures, and viewpoints. We treat others with professionalism and care, and we each play a part in creating a positive work environment.


    Veteran Hiring & Inclusion

    NiSource is proud to support veterans, transitioning service members, and military spouses. We value the leadership, teamwork, and mission-focused experience the military community brings, and we are committed to providing an inclusive workplace with opportunities for professional growth and development.


    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 also be considered for other roles that match your skills and experience.


    ADA Accommodations

    If you need a reasonable accommodation to participate in any stage of the hiring process or to perform the essential functions of the position, please contact OneHR at OneHR@nisource.comor 1-888-640-3320


    Safety Statement
    Safety is a core value at NiSource. Employees are expected to follow safety requirements, report hazards, and help maintain a safe environment for themselves and their coworkers.


    E-Verify

    NiSourceparticipates in the U.S. Department of Homeland Security's E-Verify program. Please review the following notices regarding your rights and responsibilities under U.S. law.


    • E-Verify Poster(English and Spanish)
    • Right to Work Poster(English and Spanish)

    Salary Range*:

    $113,500.00 - $170,300.00

    *The salary offered to a candidate is based on several factors including but not limited to the candidate's skills, job-related knowledge, and relevant experience, as well as internal pay equity.

    Posting Start Date:

    2026-08-13

    Posting End Date (if applicable):

    2026-08-27Please note that the job posting will close on the day before the posting end date.


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