Cost Control Specialist II

Reposted Yesterday
Be an Early Applicant
2 Locations
Remote or Hybrid
Mid level
Aerospace • Security • Energy • Industrial
The Role
The Cost Controls Specialist II will analyze project performance, develop cost baselines, prepare reports, and recommend improvements to enhance project success in diverse industries.
Summary Generated by Built In

Join a team of specialists that provide program analysis, process improvement, and metrics for Honeywell. You will partner with Integrated project team to develop project plans and create cost and schedule baselines. You will prepare and publish metrics and reports. You will analyze variances and review compliance to corporate guidelines across multiple teams. Your findings will drive decisions to improve the project/program performance impacting one or more site locations. 

Responsibilities

 • Support to Develop project plan, create cost and schedule baselines.

 • Understand project contract, scope of work and terms & conditions

 • Prepare and publish metrics and reports 

• Analyze variances (planned cost vs actuals), project performance and review compliance. 

• Analyze project baseline and execution to measure success

 • Identify root causes, recommend corrective actions to improve Project performance 

• Use Cost Control Techniques to track and manage financial budgets for the project 

• Support monthly cost and customer billing forecast, including accuracy and compliance 

• Maintain schedule, progress (%complete) and track milestones

 • Monitor receivables & payables balance on allocated projects

 • Actively participates in project review meetings & provides clear, accurate project assessments & gives proactive advice to drive successful project completion

 • Track Change Orders and Internal Variances

 • Track and analyze project threats and opportunities, develop project contingency budgets and maintains run down curves for cost risk assessment 

Qualifications

You Must Have: 

• Experience with Cost Control, Scheduling (Waterfall/Agile/Lean/Scrum) and Time Management 

• Experience with Project Life Cycles 

• Knowledge of Finance & Cash Flow (concepts, processes, planned, actual, forecast)

 • Able to demonstrate Leadership, Negotiation, and Organizational skills 

• Familiar with Business Acumen 

• Able to be flexible and think outside the box 

• Proactive, helpful, constructive, and ethical 

• Bachelor’s Degree in Business, Science, Engineering, Finance or Accounting or 

• 3+ years experience in Project Controls in Chemicals, Petrochemicals, Oil & Gas, Automation or Electronics Industry (preferred) 


We Value: 

• Ability to influence at varying levels across the organization. 

• Ability to work in a large, remote and diverse team in a matrix work environment. 

• User experience of SAP system.

 • Experience in EcoSys, Cora, or other PMIS (Project Management Information System) 

• Experience in MS Project and/or Primavera P6. 

• Experience in financial data compilation, analysis and metrics management. 

• Experience in usage of EVM, EAC growth and Milestone Fidelity 

• Highly organized • PMP/Prince 2

#LI-Hybrid

#MXHTSCareersOpportunities

Honeywell recently announced plans to sell its Intelligrated (IGS) business to American Industrial Partners (“AIP”). At this time, we anticipate that the deal will close in the second half of 2026, subject to customary closing conditions. We expect this role, dedicated to the IGS business, will be part of this future transaction when it closes.




About UsHoneywell helps organizations solve the world's most complex challenges in automation, the future of aviation and energy transition. As a trusted partner, we provide actionable solutions and innovation through our Aerospace Technologies, Building Automation, Energy and Sustainability Solutions, and Industrial Automation business segments – powered by our Honeywell Forge software – that help make the world smarter, safer and more sustainable.

Skills Required

  • Bachelor's Degree in Business, Science, Engineering, Finance or Accounting
  • 3+ years experience in Project Controls in Chemicals, Petrochemicals, Oil & Gas, Automation or Electronics Industry
  • Experience with Cost Control, Scheduling (Waterfall/Agile/Lean/Scrum) and Time Management
  • Knowledge of Finance & Cash Flow concepts, processes, planned, actual, forecast
  • User experience of SAP system

Honeywell Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Honeywell and has not been reviewed or approved by Honeywell.

  • Retirement Support Retirement plans feature a notably strong company 401(k) match with vesting after three years, enhancing long-term savings security. Additional tax-advantaged accounts and company contributions for eligible earners further strengthen financial preparedness.
  • Leave & Time Off Breadth Time off policies include flexible or unlimited vacation for many salaried roles and a broad observed-holiday schedule, providing manager-approved flexibility. This structure supports rest and work-life balance across varied needs.
  • Parental & Family Support Parental leave offers paid time for birth, adoption, or foster care that can be taken consecutively or intermittently. The design enables practical flexibility in how family leave is used.

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The Company
HQ: Charlotte, NC
110,269 Employees
Year Founded: 1906

What We Do

Honeywell is a Fortune 500 company that invents and manufactures technologies to address tough challenges linked to global macrotrends such as safety, security, and energy. With approximately 110,000 employees worldwide, including more than 19,000 engineers and scientists, we have an unrelenting focus on quality, delivery, value, and technology in everything we make and do.

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