Responsible for providing engineering economics assessment services to Engineering and Construction, Production, Customer Care, IT and Logistics as required to support the Asset Management Program capital project development process and the Asset Management Program Manager, Asset Strategy Managers, and Project Managers during the asset management planning process and analysis and revision of asset strategies.
- Researches and performs statistical, financial, economic, and cost benefit analysis to support the Asset Management Program (i.e. long range planning and triple bottom line analysis);
- Performs engineering economics assessments of alternatives, provides recommendations on the best alternatives, and documents business cases based on these analyses. These assessments may be required to compare products/equipment, to establish the best time for renewal, to determine the best renewal option, to evaluate programs of work such as condition monitoring programs, or changes to an annual maintenance program, to evaluate the introduction of a new operations or maintenance strategy, or any other type of statistical, financial or economic assessment needed to support the implementation of the project validation process and asset management program;
- Builds models, builds and maintains complex databases to support analysis, and conducts statistical research to support Asset Management Program;
- Gathers data to support the economic modeling, program evaluation and cost benefit analysis;
- Works with asset management, environmental, engineering, budget, legal and other staff to configure analytic models such as benefit/cost and business risk reduction models to assign and update equivalent money values to benefits as required;
- Performs other related duties as required.
MINIMUM EDUCATION & EXPERIENCE REQUIREMENTS:
- Bachelor's degree in Economics, Finance, or other field involving extensive course work in economic and financial theory and analysis;
- 4 years professional experience in engineering economics and financial research and analysis.
ADDITIONAL REQUIREMENTS: Completion of the Washington Suburban Sanitary Commission Financial Disclosure Statement within 30 days of employment and annually.
- Master's Degree in Economics, Finance, or other related field
- Work experience with utility or city financial data
- Experience with risk based economic analysis
- Experience with prioritization of Capital Improvement Programs and investment
- Knowledge in asset management
NOTE: Position open until filled
Washington Suburban Sanitary Commission - 17 months ago