Project Controls Specialist IV (Cost Analysts) - Los Angeles, CA

Project Controls Specialist IV (Cost Analysts) - Los Angeles, CA

Full-Time | On-Site | Los Angeles, CA

Why CMTS?

Every day at CMTS, our team delivers infrastructure projects that positively impact lives and communities. With over 42 years of industry experience, CMTS has built a strong foundation for continued success, providing project and construction management services to public and private clients nationwide.

We value our employees by fostering a culture of learning, professional development, and collaboration. CMTS is committed to maintaining a work environment that emphasizes safety, integrity, and accountability while supporting work-life balance and employee well-being. Our teams are empowered to grow, contribute, and make a meaningful impact through the projects we deliver.

About Your Role

The Project Controls Specialist IV (Cost Analyst) is a senior-level professional responsible for overseeing and managing the financial performance of complex projects. Develop and maintain budgets, track costs, analyze variances, and forecast future expenditures to ensure projects remain within approved funding. Working closely with project managers and stakeholders, provide detailed cost reporting, identify financial risks, and recommend corrective actions. Their expertise supports informed decision-making, strengthens cost control processes, and helps ensure projects are delivered efficiently and within budget.

Education Requirements

BS/BA Degree in Engineering, Construction Management, Business or related degree. Additional qualifying experience in excess to the minimum stated above may be substituted for the required education on a year for year basis.

What You’ll Need to Get the Job Done

• 7-10 years minimum recent professional experience in project controls, particularly on a capital construction program.
• Strong analytical capabilities, with the ability to organize and interpret complex financial data.
• Proficiency in financial modeling and advanced Excel functions
  
  

What Will Make You Stand Out

• Advanced proficiency with program management software including e-Builder, DELTEK, Proliance, and other related platforms, with demonstrated ability to leverage these tools for complex cost management, project tracking, and data reporting.
• Expertise in business intelligence and analytics tools, specifically Power BI and/or Tableau, for the creation of comprehensive, real-time cost reports, dashboards, and visualizations that facilitate strategic decision-making.
• Hands-on experience with Data Warehousing solutions, demonstrating the ability to integrate and manage large volumes of financial and project data for analytical purposes and reporting.
• 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, forecasting, and variance reporting.
• In-depth knowledge of project management methodologies and the ability to collaborate with cross-functional teams to develop and maintain accurate project cost baselines, financial projections, and cost forecasts.
• Demonstrated ability to integrate multiple data sources from various project management and financial systems to create cohesive and accurate financial reports for stakeholders.
• Ability to troubleshoot and resolve system integration issues across project management software and financial reporting tools, ensuring seamless data flow and accuracy in financial reporting.
  
  

What You’ll Do

• Collaborate with schedulers to review cost and schedule performance to determine cost overruns/underruns, issues with project durations, or variances in spend analyzing plan versus expenditures over period of time
• Review and analysis of monthly cost reports and monthly progress reports
• Review staffing plans, identify any excessive peaks or potential cost impacts and make recommendations for peak leveling
• Provide cost coding and budget verification for contract change orders and amendments for impact on budget/timetable
• Review task order requests, change orders and amendments to ensure budget availability, accurate cost coding and reporting
• Ensure implementation of BuildLACCD policies, procedures and plans regarding cost management of capital projects with multiple funding sources
• Allocate the ETCs when required (PBA, Change Orders, etc.)
• Monitor and manage the ETCs for each project
• Develop standard and ad hoc reports for internal and external stakeholders.
• Develops reports that support budgeting, cost control, auditing, asset tracking, using various systems and data bases to include but not limited to UII, Proliance, DELTEK, and other systems used by the BuildLACCD Program Management Office.
• Create budget transfers, produces financial closeouts
• Work with the Project Managers on project budget issues (verifying budgets for additional Task Orders needed for IOR, LOR, additional services, etc.)
• Assist the Project Managers with amendment exhibits to contracts
• Coordinate with Project Managers/Construction Manager to establish and maintain data coding structures, project controls tools, and quality data for budgets, contracts, change orders, trends and actual costs
• Verification of charge codes for purchase requisitions and change orders to ensure proper cost accounting
• Assist with preparation of reporting on budget and cost as directed by management.
• Collect/review draft PBA's w/ PM's for monthly submission including cost verification of previous amendments
• Support development of weekly/monthly cost and status reports for project team
• Perform necessary data entry for budget and forecast impacts
• Develop and maintain change management logs per standardized processes and procedures
• Travel to offsite project locations as required
• Other job-related duties or projects as assigned
• Monitor the overall integrity of the project budget and forecast in accordance with approved standard operating procedures
• Participate in monthly EAC meetings to validate and review current EAC’s, including providing justification of variances
• Participate in change management meetings to identify trends and risk exposure
• Participate in Risk Assessment workshops, providing input as needed to potential impacts
• Conduct cost variance analysis of reported data to identify trends and mitigate potential budget impacts
• Monitor identified trends and mitigation plans over time against actual performance
• Review and analysis of budget and expenditures against projects based upon various funding sources
  
  

What You Can Expect from CMTS

• Opportunities to work on high-impact infrastructure projects across the United States and the U.S. Virgin Islands
• Collaborative and growth-focused team environment
• Competitive compensation
• CMTS LLC offers 100% company-paid medical, dental, vision, 401k, life, and long-term disability insurance coverage for the employee.
• Career advancement and professional development opportunities
  
  

Salary Requirements

• $130,000.00 - $146,000.00 annually
  
  

Apply Now!

www.cmtsllc.com/careers/

Equal Employment Opportunity

CMTS, LLC is an Equal Opportunity Employer that does not discriminate based on actual or perceived race, creed, color, religion, alienage or national origin, ancestry, citizenship status, age, disability or handicap, sex, marital status, pregnancy, veteran status, sexual orientation, genetic information, arrest record, or any other characteristic protected by applicable federal, state, or local laws. Our management team is dedicated to this policy with respect to recruitment, hiring, placement, promotion, transfer, training, compensation, benefits, employee activities and general treatment during employment.