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About you and this role:
Acts as a technical resource for Cost Management within the Global Project Methodology (GPM) work process. Supports establishment of the overall cost baseline with reporting to monitor and control the project within established tolerances of the baseline supporting cost effective project execution. Coordinates data inputs from the various disciplines and functions to ensure accurate forecasts and reporting of cost. Engages the project steering team to understand causes of the deviation and the need to establish actions to mitigate, where deviations from established tolerances occur. Requires in-depth conceptual and practical knowledge in own job discipline and basic knowledge of related job disciplines.
Responsibilities / Duties:
Integrates the project cost estimate, workhour estimate, and project schedule into the Cost Management baseline.
Establishes cost baseline from which deviations will be managed during project execution.
Establishes work breakdown structure based upon work process norms and execution strategy.
Develops and maintains cost reports, cash flow/cancellation curves, and contingency analyses. Ensures accurate representation of cost data and cost forecast in monthly reporting.
Provides estimate of cancellation costs.
Estimates costs of deviations and assesses impact on total project cost.
Ensures accurate reflection of committed/spent funds, project deviation notices, field change orders, and project execution changes in all cost documents.
Leads the project team in deriving an accurate and realistic forecast of all funds required to complete the project within the defined budget and schedule while incorporating own trending and analyses.
Alerts the project team to critical Cost Management issues.
Provides supporting data for project execution metrics, external benchmarking and project closure.
A minimum of a bachelor's degree or relevant military experience at or above a U.S. E5 ranking or Canadian Petty Officer 2nd Class or Sergeant.
A minimum of 6 years of relevant experience.
A minimum requirement for this U.S. based position is the ability to work legally in the United States. No visa sponsorship/support is available for this position, including for any type of U.S. permanent residency (green card) process.
Your Skills:
Financial Forecasting: The job description highlights the importance of deriving accurate and realistic forecasts of all funds required to complete the project within the defined budget and schedule.
Detail-Oriented: Ensuring accurate reflection of committed/spent funds, project deviation notices, field change orders, and project execution changes in all cost documents requires a high level of attention to detail.
Costs Engineering: Cost engineering is the engineering practice devoted to the management of project cost, involving such activities as estimating, cost control, cost forecasting, investment appraisal and risk analysis.
Cost Management: Cost management is the process of planning and controlling the costs associated with running a business. It includes collecting, analyzing and reporting cost information to more effectively budget, forecast and monitor costs.
Project Controls: The project controller is a key member of the project team and works directly with the project manager to help define the project's goals and objectives; create and maintain a project's budget and schedule, analyze progress reported against the work schedules; and recommend actions to improve progress.
Stakeholder Communications: Stakeholder communication addresses the regular exchange between a company and its stakeholders. It differs according to type, means, frequency and time.
Note: This position does not offer relocation assistance.
Benefits – What Dow offers you
We invest in you.
Dow invests in total rewards programs to help you manage all aspects of you: your pay, your health, your life, your future, and your career. You bring your background, talent, and perspective to work every day. Dow rewards that commitment by investing in your total wellbeing.
Here are just a few highlights of what you would be offered as a Dow employee:
Join our team, we can make a difference together.
About Dow
Dow (NYSE: DOW) is one of the world’s leading materials science companies, serving customers in high-growth markets such as packaging, infrastructure, mobility and consumer applications. Our global breadth, asset integration and scale, focused innovation, leading business positions and commitment to sustainability enable us to achieve profitable growth and help deliver a sustainable future. We operate manufacturing sites in 30 countries and employ approximately 36,000 people. Dow delivered sales of approximately $43 billion in 2024. References to Dow or the Company mean Dow Inc. and its subsidiaries. Learn more about us and our ambition to be the most innovative, customer-centric, inclusive and sustainable materials science company in the world by visiting www.dow.com.
As part of our dedication to inclusion, Dow is committed to equal opportunities in employment. We encourage every employee to bring their whole self to work each day to not only deliver more value, but also have a more fulfilling career. Further information regarding Dow's equal opportunities is available on www.dow.com.
Dow is an Equal Employment Opportunity employer and is committed to providing opportunities without regard for race, color, religion, sex, including pregnancy, sexual orientation, or gender identity, national origin, age, disability and genetic information, including family medical history. We are also committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures. If you need assistance or an accommodation due to a disability, you may call us at 1-833-My Dow HR (833-693-6947) and select option 8.