Cost Engineer - (ESO)

DTE is one of the nation’s largest diversified energy companies. Our electric and gas companies have fueled our customer’s homes and Michigan’s progress for more than a century. And as Michigan’s largest source of renewable energy, we’re creating a cleaner, healthier environment to power our future. We’re also serving communities beyond Michigan, where our affiliated businesses offer renewable energy, emission control technologies, and energy services to industries in 19 states.

But we’re more than a leading energy company... and working at DTE is more than just a job. At DTE, we take great care of each other and our customers, and we use our energy to be a force for growth and prosperity in our communities. When you join us, you’ll be part of a team that welcomes, recognizes, and celebrates differences and values everyone’s health, safety, and wellbeing. Are you ready to make that kind of difference? Bring your energy to DTE. Together, we can achieve great things.

Testing Required: Not Applicable

Apply by: No later than September 23, 2024

Location: Manroe Power Plant

Bidding Restriction: 1 Year

Hybrid Role: Must be able to come on-site periodically and reside a commutable distance from the assigned work location.

Emergency Response: Yes – Must be available to perform a primary assignment in support of DTE’s emergency response to storms or other events that impact service to our customers.

Job Summary

Monitors and analyzes project cost estimates, expenditures, and forecasts. Identifies areas of cost savings opportunities and alerts management of any cost variances. Prepares monthly cost reports, work estimates, and budgets. Maintains project control procedures. No Supervisory Responsibilities. Assignments are received in the form of results expected, within operating policies and procedures. Incumbent has the discretion to select from alternative approaches; decisions may involve changes to normal work processes.

Key Accountabilities

Collects, maintains, and analyzes planned vs. actual cost for assigned capital projects.

Reports variances to project management team with detailed commentary to support process outputs.

Assist the project management team as needed in the overall financial processes.

Supports contract administration in the change control process by performing cost reviews.

Reports & analyzes key performance metrics; prepare ad hoc analyses as requested by project management.

Alert Project Managers and management of potential project overruns and provide recommendations on forecast placeholders.

Review project charges for inaccuracies or mischarges.

Review progress payments to ensure there is a clear understanding of when the milestone will be met, and expenses should be accounted for.

Minimum Education & Experience Requirements

Bachelor's degree in Business, Accounting or Finance with 5 years of job-relevant experience

Other Qualifications

Preferred

5 years of Financial experience

MBA and/or CPA

Professional certification in cost control (Association for the Advancement of Cost Engineering or equivalent);

Experience in operating system software utilized by the Corporation (e.g Maximo, SAP R/3, SRM, BW)

Association for the Advancement of Cost Engineering (AACE) certification

Proficient in Excel - Power Query

SAP Work Mgt system

Analysis of Unbilled Liabilities, Timing

Experience with PowerBI

Other Requirements

Written and verbal communication & advocacy skills consistent with the ability to present results of projects & research to all levels of the business unit, and engage in persuasive written & verbal interaction.

Intermediate-to-advanced analytical and project management skills.

Working knowledge of financial & economic analysis, project & risk management.

Ability to analyze complex financial data & develop optimal recommendations & solutions.

Ability to work in a 'team' and/or 'matrixed' structure, supporting multiple clients, procedures & policy.

Copes with multiple demands from superiors, and/or subordinates & peers in a positive and evenhanded fashion; displays a calm demeanor under pressure.

Well-developed organization and planning skills (typically acquired through at least 5 years of experience).

Ability to apply project planning & implementation and/or continuous improvement principles (typically acquired through several years of experience in these areas) to affect tangible, positive outcomes.

Proficiency in Excel, Word, and SAP sufficient to apply/support them with minimal instruction or guidance; this level of proficiency is typically attainable through 3+ year(s) of substantive experience with the applications

Additional Information

Incumbents may engage in all or some combination of the activities and accountabilities, and utilize a variety of the competencies cited in this description depending upon the organization and role to which they are assigned. This description is intended to describe the general nature and level of work performed by incumbents in this job. It is not intended as an all-inclusive list of accountabilities or responsibilities, nor is it intended to limit the rights of supervisors or management representatives to assign, direct and control the work of employees under their supervision.

PRIVACY NOTICE TO CALIFORNIA JOB APPLICANTS

At DTE Energy, we are committed to providing an inclusive workplace where everyone feels welcome and a sense of belonging. We seek individuals with a heart for service, a passion to help our communities prosper, and ideas to help shape the future of energy. We are proud to be an equal opportunity employer that considers all qualified applicants without regard to race, color, sex, sexual orientation, gender identity, age, religion, disability, national origin, citizenship, height, weight, genetic information, marital status, pregnancy, protected veteran status or any other status protected by law.