Project Cost Controller / Sr Financial Analyst

PM GroupBoston, MA
9hHybrid

About The Position

The Project Cost Controller / Senior Financial Analyst position is an exciting opportunity to join PM Group’s quickly growing Boston area Outsourced Technical Services(OTS) team at a client site in the Greater Boston area. Outsourced Technical Services (OTS) is an integral part of PM Group’s ability to support clients across the complete project life cycle. We have over 50 years’ industry experience, strong technical knowledge and integrated resources. Clients look to us to provide experienced technical professionals that complement their project teams. Together we are sharing knowledge, learning, growing and continuing to be an integral part of supporting PM Group’s ongoing expansion in the US. The Project Cost Controller / Senior Financial Analyst plays a pivotal role in managing financial performance and reporting for a major capital expenditure (CapEx) project in the greater Boston area. The project is currently mid-point in construction. This role is responsible for budget management, cost control, forecasting, and financial reporting, ensuring alignment with client financial standards, PM Group governance processes, and project objectives. The Project Cost Controller / Senior Financial Analyst works closely with PM Group Project Directors, the client project management office, work-package owners, and key stakeholders to provide actionable financial insight that supports decision-making and ensures the project remains financially viable and within approved scope. There is a preference for a hybrid schedule, but remote candidates may be considered provided they meet qualifications and can support significant overlap with Eastern Time Zone working hours. Construction experience is not a requirement. PM Group is an employee owned, international project delivery firm with a team of 4,000+ people. We are world leaders in the pharma, food, biotech, medical technology and mission critical sectors. From our network of offices in Europe, Asia and the US, we work with the world's leading organizations. We are focused on growing a sustainable business centered on our people, our clients and trade partners.

Requirements

  • Bachelor’s degree in Business Administration, Economics, Finance, or a related discipline from an accredited institution.
  • Associate’s degree may be considered with relevant experience.
  • Minimum 10 years of experience in financial analysis, cost control, accounting, or commercial management roles.
  • Working knowledge of SAP S/4HANA and Fiori (FI and CO modules).
  • Knowledge of, or willingness to learn, Coupa or similar procurement platforms.
  • Advanced proficiency in Microsoft Excel, with working knowledge of Teams and PowerPoint.
  • Experience aggregating, analyzing, and reporting on unstructured and disparate data sources.
  • Strong analytical and problem-solving skills with the ability to translate data into actionable insights.
  • Excellent communication and interpersonal skills for effective stakeholder collaboration.
  • Highly detail-oriented with strong organizational and time-management capabilities.
  • Ability to work independently and collaboratively within integrated, diverse, and fast-paced project teams.
  • Comfortable operating across varied work environments, tight deadlines, and evolving project requirements.
  • Commitment to professional excellence, continuous improvement, and adding a personal touch to work.

Nice To Haves

  • Curiosity, initiative, and a sense of humor appreciated.

Responsibilities

  • Budget Management
  • Develop, manage, and maintain the overall project budget, ensuring accuracy and alignment with project objectives and approved funding.
  • Monitor budget performance and report variances, recommending and supporting corrective actions where required.
  • Cost Control
  • Implement and maintain cost control processes across the project lifecycle.
  • Prepare and maintain weekly cost reports, including analysis of actuals, forecasts, commitments, and variances.
  • Perform detailed cost analysis to ensure alignment with approved financial forecasts.
  • Review procurement documentation to ensure compliance with approved budgets and commercial controls.
  • Review and approve invoices for accuracy, compliance, and alignment with the agreed cost plan.
  • Refine PM Group and client PMO financial policies relevant to area of accountability.
  • Proactively identify and suggest process and policy improvements.
  • Financial Reporting
  • Prepare regular financial reports summarizing project performance, forecasts, risks, and variances for PM Group leadership and client stakeholders.
  • Ensure financial reporting complies with client standards, PM Group governance, and applicable regulations.
  • Support the monthly cost accrual and financial close processes.
  • Forecasting & Financial Analysis
  • Conduct detailed financial analysis to forecast project outcomes.
  • Utilize forecasting tools and methodologies to project future cost and resource requirements.
  • Support PM Group Project Directors in identifying and executing cost-saving and value-engineering opportunities.
  • Stakeholder Collaboration
  • Partner closely with PM Group project teams and client stakeholders to communicate financial performance clearly and effectively.
  • Support timely resolution of budget variances and financial issues.
  • Assist in defining issue escalation and communication strategies between PM Group and client stakeholders.
  • Provide financial insight and recommendations to support project decision-making.
  • Risk Management
  • Identify financial and commercial risks associated with the project.
  • Develop mitigation strategies and monitor potential financial impacts.
  • Recommend actions to minimize risk exposure and protect project outcomes.
  • Process Improvement
  • Continuously evaluate and improve financial and reporting processes to enhance efficiency and effectiveness.
  • Participate in project reviews and governance meetings.
  • Support the broader PM Group project team with ad-hoc financial and commercial activities as required.

Benefits

  • As an employee-owned company, we are inclusive, committed and driven.
  • Corporate Responsibility and Sustainability are the heart of our new 2025 business strategy.
  • Inclusion and Diversity are core to our culture and values. Wherever we work, we commit to a culture of mutual respect and belonging by building a truly inclusive workplace rich in diverse people, talents and ideas. Valuing the contributions of all our people and respecting individual differences will sustain our growth into the future.
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