Cost Analyst

A JAB Recruitment client is seeking a Cost Analyst (3-5 years experience) to join as a contractor to support their growing midstream EPC project controls team.

Please Note:

• This is a contract role estimated to be 9-12 months in duration or longer. There could be the possibility to convert to a permanent team member but that is not guaranteed.
• This is an onsite position located in Greenway Plaza, Houston, Texas. There is flexibility to work from home, but a presence in the office is required.
• Must be authorized to work in the US for any employer without present of future need for sponsorship.
• No visa sponsorship available
• Local candidates only.

PRIMARY PURPOSE OF PROJECT PORTFOLIO COST ANALYST

Responsible to control and monitor project total expenditure including verifying and checking of invoices and claims from suppliers, vendors, and subcontractors to ensure that all project expenditures are captured and properly recorded. Provide planning and cost-controlling support for all projects which includes variation reporting, monitoring of milestone progress to the preparation of customer billing processes, etc.

Essential duties and responsibilities:

• Provide project control support to the Project Management (PM) team which may include cost control and reporting, invoice tracking, account reconciliation, purchase order/work directive analysis, and project status reports as needed.
• Conduct budget status reviews, committed cost analysis, PO status, change order status, and act as an auditing function to ensure all budget variances are reviewed in a timely manner to avoid project cost overruns.
• Support development and implementation of robust change control processes directly tied to delegation of authority to ensure compliance with all company and industry standards.
• Develop communications and reporting networks for data gathering, review, analysis and presentation of recommendations to ensure project remains on schedule and within budget.
• Develop, implement, and maintain cost control measures, reports, cash flows and forecasts on specific Projects and Programs.
• Basic understating of risk management tools R, Y,G, chart, etc.
• Prepare, submit, and track bills for payment.
• Research unexpected items and resolve inaccuracies.
• Manage all competing priorities as part of the assigned project.
• Gather, retain, and properly store of supporting documentation regarding the receipt of materials on projects.
• Deal with a wide variety of people with tact, courtesy, and professionalism.
• Speak clearly, both in person and by telephone, using a high level of verbal skills and listen carefully.
• Review invoicing for accuracy based on contractual constraints on a project-by-project basis.
• Ensure budget tracking against purchase orders or subcontracts.
• Generate purchase order information for processing and tracking.
• Managing integrated data on multiple platforms.

JOB REQUIREMENTS:

Minimum requirements:

Education:

• Bachelor’s degree from an accredited institution in Accounting, Business Administration, Finance or a related discipline.
• A minimum of three (3) to five (5) years of direct work experience in project control or financial analysis may be considered as a substitute for a degree.

Experience/Specific Knowledge:

• Understand the overall basic terminology of a project’s principle practices and concepts, project cost forecasting and budgets.
• Must be able to understand the needs of the Project Manager and business unit(s) for which development work is being performed.
• Good basic math skills (addition, subtraction, multiplication, division, decimals, fractions, etc.).
• Advanced office equipment skills (phone, fax, printer/copier, files and organizational skills, etc.).
• Knowledge of natural gas and crude oil terminology.
• Knowledge of FERC Standards of Conduct (Order 497).
• Intermediate proficiency level in MS Office applications that may include but are not limited to Excel, Word, Access, PowerPoint and Outlook. Sharepoint, Microsoft Teams, Oracle.

Competencies, Skills & Abilities:

• Must be process oriented and able to maintain multiple tasks.
• Intermediate to advanced MS Excel skills including formatting, formulas, ad hoc reporting including pivot tables, etc.
• Must be able to perform all essential and marginal functions of the job.
• Must be able to work with a team, take direction from management, adhere to required work schedules, focus attention on details, and follow work rules.

Working Conditions:

• The successful candidate will be required to clear a drug screen and a complete background check, including credit report for certain positions, after an offer has been extended and prior to being employed.

Supervisory Responsibility:

• None

PREFERRED EDUCATION, EXPERIENCE, CERTIFICATIONS, COMPETENCIES, SKILLS, & ABILITIES:

Familiarity of the Oracle ERP system, and specifically the Projects module

EEO Statement: JAB Recruitment complies with all Equal Employment Opportunity (EEO) affirmative action laws and regulations. JAB does not discriminate on the basis of age, race, religion, color, sex, national origin, marital status, genetic information, sexual orientation, gender Identity and expression, disability, veteran status, pregnancy status, or other status protected by law.