Specialist, Cost

3 weeks ago

Halifax, Canada Nova Scotia Power Inc. Full time

**Job Title**: Cost Specialist
**Company, Department**: Nova Scotia Power - Capital Projects
**Location**: Halifax, Nova Scotia - Hybrid
**Type of Employment**: Regular, Full Time

**Closing date**: September 5, 2023

**Reference Number**: 11658

At Nova Scotia Power, we’re committed to providing safe, reliable electricity so that our customers and communities can thrive. We work across the province, from Yarmouth to Wreck Cove, to prevent power outages and to strengthen our electrical system—for today, and for the future.

As a subsidiary of Emera Inc, we provide 95% of the generation, transmission, and distribution of electrical power to approximately 540,000 residential, commercial and industrial customers. Our company is focused on new technologies to enhance customer service and reliability, reduce emissions, and add renewable energy.

We are proud to live and work in Nova Scotia. It’s why we work to understand how we can give back meaningfully, support local organizations and work collaboratively to enhance the communities we call home.

We believe that every unique perspective should be valued and that everyone should have a sense of safety and belonging—at work, and in our communities. Leveraging the thoughts of a diverse workforce helps us to be innovative and provide the best service to our customers.

We are currently looking for a **Cost Specialist** to join our Capital Projects team in a permanent position. Reporting to the Manager, Project Controls, you will lead the creation of project cost estimates/forecasts from the beginning, starting with the concept phase. Your role involves creating a plan for project estimates, overseeing the preparation of estimates needed for project approvals, and guiding cost management throughout the project's duration. You will recurrently collaborate with various team members and contractors to ensure the estimates/forecasts meet Nova Scotia Power's standards.

***As a Cost Specialist**:

- Develop and implement the overall estimate plan to prepare the project estimates required from development through execution phases of the project with a key focus on a firm control budget.
- Review and provide analysis of estimate plans prepared by Owners consultants and contractors.
- Prepare screening level cost estimates to support the evaluation of various business planning activities.
- Review and validate construction key estimate parameters recommended by Owners consultants and various contractors, including construction fleet, productivity rates, material pricing, etc.
- Work with engineering, planning and construction resources to review and validate construction sequence and methodology proposed by Owners consultants and various contractors in their relation to cost.
- Coordinate all third party estimate verification activities.
- Develop a recommendation for Estimate Contingency, Management Reserve and Escalation in conjunction with Project Controls Team and other consultants (i.e. risk).
- Responsible for the initial development of Capital Project scenario plans that feed into a greater economic analysis model that provides the basis of strategic direction on the project and how this aligns with the overall organization.
- Develop multi-year strategic plans for the project.
- Report on project variances to corporate monthly.
- The Cost Specialist will ensure effective communication with key project stakeholders, assist in monitoring of project performance, and escalate risks and issues to Management to ensure appropriate action is taken.

You will be responsible for your personal safety and that of your co-workers by observing all Occupational Health and Safety Rules and Regulations. You will be accountable for environmental performance as it relates to the environmental management system processes and initiatives.

**What skills will make you successful?**

You recognize yourself in most of the following competencies, and where possible possess the skills and experience listed below:

- You must have a University degree from an accredited post-secondary institute and/or a recognized project management certification or equivalent experience plus a minimum of 7 years experience in a relevant field.
- Solid understanding of, and experience with; project planning, reporting and estimating/cost control methodology.
- Familiarity with AACE Principles.
- Able to work on multiple projects at once while maintaining priorities.
- Excellent communication and strong organizational skills.
- Strong analytical and quantitative skills, attentive to detail.
- Team player with strong interpersonal skills.
- Advanced knowledge of Microsoft Office (Word, Excel, and Outlook).
- Experience with Oracle, PM Software and other business tools considered an asset.

At Nova Scotia Power, everyone is a leader in their own right. Our Leadership Competencies set standards that advance our business strategy, deliver results for customers, and provide career development for employees.

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