Cost Control Specialist

At Hydro we work to foster positive work-life balance and offer remote or hybrid working arrangements for some positions based on the nature of work being performed and an assessment of other relevant factors.

Opportunities, Growth, Job Satisfaction...Join the Hydro Team.

­Cost Control Specialist
Competition #: NLH-NR-26-017
Status: Permanent
Location: St. John's

Our employees are at the heart of what we do. We're looking for passionate and performance focused people - people who want to make a difference for our customers and who share our values.

We are seeking a high-energy, detail-oriented professional with strong financial and technical skills to join Project Services within Non-Regulated Engineering Services; thrives in a fast-paced, project-driven environment and manages competing priorities effectively.

­Key Responsibilities:

• ­Strong communication skills with the ability to work independently and provide financial insights and decision support to Project Managers and Leadership.
• Develop and implement project cost control and cost management processes and procedures.
• Monitor, analyze, and forecast project costs, budgets, and cash flows; ensure accuracy, identify risks and opportunities, and support effective project delivery.
• Prepare clear, accurate monthly reporting, including JDE outputs and variance analysis, reporting to the Team Lead, Project Services.
• Develop and maintain project cost control procedures; manage the project change log, ensuring scope, cost, and schedule changes are validated and communicated in a timely manner.
• Enhance financial processes, reporting tools, and templates to support continuous improvement and strengthen cost control and forecasting across the Capital Program.
• Collaborate with Engineering, Finance, and Project Management teams to support strong financial governance and overall project success.

What We're Looking For:

• ­Experience developing and implementing cost control and cost management procedures for large capital projects.
• Strong analytical, forecasting, financial modeling, and problem-solving skills.
• Highly organized, deadline-driven, and able to handle sensitive information with discretion.
• Ability to translate complex financial data into clear, actionable insights.
• Excellent written, verbal, and interpersonal communication skills.
• Collaborative, proactive, detail-oriented, and able to work independently with sound judgment.
• Proven ability to manage multiple priorities in a fast-paced environment.
• Advanced Excel and PowerPoint skills, with experience in JDE, Spreadsheet Server, Showcase, and Clarity.
• Knowledge of hydroelectric utilities or other capital-intensive industries is an asset.
• Project management knowledge or experience is an asset.­

What You'll Need:

• ­A Bachelor's degree in Business (with an accounting designation) or Engineering; an equivalent combination of education and experience may also be considered.
• Seven (7) to eight (8) years of experience in financial management and working with financial systems.
• Extensive knowledge leading and performing cost management for large capital programs/projects.
• Experience in project‑based environments; experience in the utility or other capital‑intensive industries is considered an asset.

CLOSING DATE: April 8, 2026

­We're looking for energy we can count on!

Wondering what to expect when starting a career at Hydro?­ Click here to learn more.

Newfoundland and Labrador Hydro is the people's utility that you can count on - providing safe, cost-conscious, reliable electricity while harnessing sustainable energy opportunities to benefit the people of Newfoundland and Labrador. We value our employees, we take care of each other, we recognize excellence, we respect individuality and we work hard to create an inclusive and welcoming workplace. People who work at Hydro feel like they're part of a community and we give back to the communities where we live and work to make them stronger.­ There's lots to learn at www.nlhydro.com

We're looking for energy we can count on!

Apply Now.

Our company values diversity and inclusion in the workplace and encourages applications from diverse candidates, including women, Indigenous peoples, persons with disabilities and members of visible minorities.

Submit your application online. Please quote the competition number with your application. We thank all applicants for their interest; however, only those considered for an interview will be contacted.