Team Lead Project Cost Analyst

Job Summary
Supervise Cost Analysts in their execution of normal assigned project cost analysis duties. Oversee testing and compliance to assigned SOX controls. Lead monthly multi department reallocation exercises and provide status reporting as necessary. Provide capital variance reporting and explanations to company Executives each month and additionally as required. Supervise the processing of customer CIACs (Contribution in Aid of Construction) and tracking of reimbursable projects.

Essential Functions

Increase proficiency in cost analysis and integrated cost and schedule forecasting using quantitative risk management tools and techniques (Expected Monetary Value and Sensitivity Analysis) to better predict project cost performance and enable timely corrective, preventive, and predictive action.

Develop qualitative integrated project baselines that are used to effectively measure project performance and provide the ability to take corrective / preventive / predictive action. Apply the cost of quality to cost management.

Applies integrated objective risk management to the project baselines to optimize project risk responses.

Orchestrates contract commercial management, facilitates contract payments, conduct contract performance assessment and reporting and initial contract performance analysis and contract commercial forecasting. Performs contract reviews relative to payment requirements and supporting documentation

Applies core project controls expertise.

Review and coordinate the management and utilization of project management guidelines, project management standards, processes, job aids, and tools.

Integrates all project management subsidiary systems to improve project performance.

Directs cost effort.

Tailors cost management processes.

Tailors / creates cost management tools / techniques to advance cost performance.

Provides continuous life cycle cost estimating / forecasting with increased predictability.

Manages the project budget and cost performance baseline.

Process labor timesheets, invoices, and other submittals associated with contract labor; code invoice details for Nature of Expenses, Work Breakdown Structure and Cost Budgeting System codes; Assist Project Managers and Cost Budget Analysts in the accrual process.

Evaluate manpower, labor hours, and labor cost requirements versus budget limitations, perform cost and schedule analysis, and make corrective/preventive recommendations.

Maintains / manages project Estimate at Completion and recommends areas of improvement to project stakeholders.

Works to implement cost predictive (opportunity) actions.

Perform standard and advanced project and special project cost reporting as anticipated for the project stakeholders; compiles and produces cost reports as needed.

Uses schedule analysis techniques to optimize schedule and cost performance; identifies corrective, preventive, and predictive project actions to enhance probability of achieving project objectives.

Apply integrated project management proficiency in core integration; scope, cost, and schedule

Optimize product life cycle costing competence.

Assist the project management team, Major Project managers, Director, and other relevant stakeholders in retrieving cost management information and reporting.

Applies integrated thinking to cost management that facilitates improved objective performance.

Utilize communication competence to drive effective project cost decision making.

The Team Lead Project Cost Analyst will manage in accordance with Industry standards, the NiSource Project Management Guidelines and Standards, and industry best practices.

Required Qualifications For Position

High School Diploma

7-9 years Eight years of experience working in Microsoft Excel, or equivalent software program, with responsibilities for data manipulation, integration and subsequent report generation.

4-6 years 4 years financial / cost management experience

Experience developing/reviewing project estimates; building project budgets, reading, analyzing project schedules

Integrated knowledge base in project scope-schedule-cost, and risk-quality management

Integrated comprehension and application of project management subsidiary guidelines, standards, processes, and job aids

Integrated proficiency in risk and quality management tools and techniques.

Leads (situational leadership), inspires, motivates project stakeholders in concert with effective stakeholder management using cognitive ability, personal effectiveness, innovation, value based decision-making, integrated communication (soft and hard skills); conflict resolution, team work, team building

Manages project stakeholders using cognitive ability, personal effectiveness, innovation, value based decision-making, integrated communication (soft and hard skills); conflict resolution, and team work

DL NUMBER - Driver License, Valid and in State Upon Hire

Preferred Additional Qualifications for Position

Bachelor's Degree

4-6 years 4+ years of experience working in Microsoft Excel, or equivalent software program, with responsibilities for data manipulation, integration and subsequent report generation.

Experience in large industrial Capital Project environments.

Physical Demands


The preceding description is not designed to be a complete list of all duties and responsibilities required of the position.

As a public utility, NiSource provides essential services to customers 24/7. Emergency needs can arise at various times throughout the year, including during storm season. Employees may be required to support emergency response efforts, which could include working outside normal hours or assisting with tasks outside of typical responsibilities.

Work Authorization

Candidates must be legally authorized to work in the United States and must not require employer sponsorship now or in the future.

Workplace Connection
We value a workplace where everyone feels respected, included, and able to do their best work. We encourage open dialogue, value different perspectives, and work collaboratively with employees, customers, and partners.

We recognize and respect the unique experiences people bring, including different backgrounds, cultures, and viewpoints. We treat others with professionalism and care, and we each play a part in creating a positive work environment.

Veteran Hiring & Inclusion

NiSource is proud to support veterans, transitioning service members, and military spouses. We value the leadership, teamwork, and mission-focused experience the military community brings, and we are committed to providing an inclusive workplace with opportunities for professional growth and development.

Equal Employment Opportunity
NiSource is committed to providing equal employment opportunities in each of its companies to all employees and applicants for employment without regard to race, color, religion, national origin or ancestry, veteran status, disability, gender, age, marital status, sexual orientation, gender identity, sex (including pregnancy, lactation, childbirth or related medical conditions), genetic information, citizenship status, or any protected group status as defined by law. Each employee is expected to abide by this principle.

By applying, you may also be considered for other roles that match your skills and experience.

ADA Accommodations

If you need a reasonable accommodation to participate in any stage of the hiring process or to perform the essential functions of the position, please contact OneHR at [email protected] or 1-888-640-3320

Safety Statement
Safety is a core value at NiSource. Employees are expected to follow safety requirements, report hazards, and help maintain a safe environment for themselves and their coworkers.

E-Verify

NiSource participates in the U.S. Department of Homeland Security's E-Verify program. Please review the following notices regarding your rights and responsibilities under U.S. law.

• E-Verify Poster (English and Spanish)
• Right to Work Poster (English and Spanish)

Salary Range*:

$113,500.00 - $170,300.00

*The salary offered to a candidate is based on several factors including but not limited to the candidate’s skills, job-related knowledge, and relevant experience, as well as internal pay equity.

Posting Start Date:

2026-10-06

Posting End Date (if applicable):

2026-10-13

Please note that the job posting will close on the day before the posting end date.