Cost Controls Specialist

AECOM is seeking a Cost Controls Specialist to be based in Fresno, CA. SUMMARY: The Cost Controls Specialist is responsible for monitoring, managing, and controlling project costs to ensure that projects are completed within budgetary constraints. This role involves tracking project expenditures, forecasting costs, preparing cost reports, and providing support for cost control strategies. The Cost Controls Specialist works closely with project teams to guarantee that cost management processes are followed and that potential cost overruns are identified and addressed proactively.RESPONSIBILITIES: Track and monitor project costs, ensuring they align with approved budgets and project plansPrepare and maintain detailed cost reports, including budget variances, forecasts, and cost projectionsProvide regular updates to project managers, stakeholders, and senior management regarding the financial status of projectsAnalyze cost trends and recommend corrective actions to keep projects within budgetReview and update project budgets as needed, incorporating any changes due to scope adjustments, unforeseen conditions, or change ordersCollaborate with project teams to assess potential risks and impacts on the project budget, providing recommendations for cost mitigationReview and assess the cost impact of change orders, confirming they are accurately documented and trackedUtilize cost control software and tools to track and report on project costs and performanceMaintain project cost control documentation, including cost breakdowns, purchase orders, invoices, and contractsConduct financial analysis to identify cost-saving opportunities, efficiencies, and areas for improvementGuarantee that cost control processes comply with program policies, industry standards, and relevant regulationsEnsure all financial transactions related to the project are well-documented and auditable