Cost Analyst IV

Houston , Texas, United States

Job Reference 1248311

Location Houston , Texas, United States

Industry Oil & Gas - Downstream

Function Budget / Cost Control

Job Type Contract

Date Added September 9, 2024

Our major client is seeking a Cost Analyst IV to work within their facilities located in Houston, TX for a 12-month assignment.
Description:
  • Establishing and managing an integrated project cost and schedule system for multiple mid-large capital projects with TIC up to $100MM
  • Responsible for managing costs by WBS to provide early indication of potential variances and/or trends by budget line
  • Responsible for managing cost engineering activities including development and implementation of cost control systems, cost trending, forecast at completion, cost variance analysis, funding budgets, annual cash flows, etc
  • Responsible for invoice processing activities and troubleshooting IR/GR issues with Procurement and Fixed Assets
  • Responsible for planning and managing the execution of internal audits of critical commercial internal control systems
  • Responsible for working directly with contractors to establish rules of credit for progress and a regular cadence for cost, schedule, and progress updates
  • Reviewing and accessing accuracy of contractor cost reporting, reporting procedures, cost estimates, and forecasting
  • Advising Project Manager on accuracy of contractor reporting and contract non-conformance
  • Assisting in the change management process with project leaders and contractors
  • Providing Project Manager with independent assessments and analyses
  • Preparing and updating weekly and monthly project cost reports for the company, JVs, third parties, etc
  • Directing and collaborating with Project control analysts to best support the PMO organization
  • Assisting in the development of schedules to forecast outcomes
  • Periodically auditing contractor progress reporting and forecasting
  • Assuring contractors incorporate work scope changes in planning and budgets
  • Reviewing and approving contractor cost control plans and procedures for compliance and conformance
  • Updating financial reports in SAP
Qualifications:
  • Legally authorized to work in the job posting country
  • Working knowledge of budget development within a WBS
  • Intermediate-Advanced level of proficiency in Microsoft Office Applications (Word, Excel, Outlook)
  • Ability to effectively communicate with a diverse group of professionals/stakeholders

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