What are the responsibilities and job description for the Cost Analyst position at LyondellBasell Industries?
LyondellBasell
Basic Function
The Cost Analyst is responsible for tracking and communicating the Key Performance Indicators (KPI’s) of the Maintenance, Program Maintenance, and Capital Projects. The Cost Analyst recommends corrective actions and enhancements to improve the performance of the group around cost discipline.
Roles & Responsibilities
- Maintenance:
o Support the Plant Controller and Reliability Manager in the development of the annual reliability budget
o Develop and communicate the monthly routine maintenance expense forecast, support development of the monthly actual vs. budget expense report and provide support as required in the development of other key performance trends and metrics
o Develop and communicate the monthly extraordinary maintenance expense forecast, support development of the monthly actual vs. budget extraordinary maintenance expense report and provide support as required in the development of other key performance trends and metrics
o Support the development of the monthly program maintenance expense forecast, support development of the monthly actual vs. budget program maintenance expense report and provide support as required in the development of other key performance trends and metrics
o Actively participate in the month-end close process
o Provide maintenance rentals management support
o Provide support and instruction regarding maintenance cost classification and cost consistency
o Work with accounting to resolve work order settlement/re-settlement issues as they arise
o Work with the Procurement and Suppliers to resolve backlogs for SESs, blocked invoices, parked items and un-approved SES reports
o Monitor resident and outside vendor contracts and outline agreements to insure proper billing and SES accuracy
o Work as a liaison between Procurement and Maintenance resolving SAP problems and cost center issues
- Capital:
o Develop forecasts and prepare the cost reports for all Capital Projects
o Provide cost reporting to support monthly Capital Steering Team meetings
o Conduct monthly cash flow reports and submits accruals reporting
o Audit invoices with timesheets before approving in SAP
o Perform on behalf of Project Managers final approvals for payments of TRACK entries
o Confirm materials, services and equipment charges on invoices supporting SES approvals
o Create notifications and workorders for maintenance work on Capital Projects
o Releases WBS elements as needed
o Create and modify change order requisitions as needed
o Closes out POs, WO’s, WBS elements and resolves GR-IR imbalances
o Work with outside vendors to resolve invoice and timesheet problems
o Inform Capital Fixed Accounting of mechanical and financially completion of projects
o Review Capital Project Estimates for consistency and errors
o Develop forecasts, prepare the cost reports for Project Managers
o Uploads monthly forecasts of CCO Portfolio of active projects into the LRP Database
o Review and monitor portfolio costs for tracking
o Support Portfolio Manager in development of LRP inputs as needed
Min. Qualifications
- Bachelor degree in Business, Project Engineering, Construction Management, or related field and equivalent work experience
- Typically, 3 years of cost control experience preferably in relation to petrochemical or refining industry projects
- Knowledgeable regarding petrochemical/refining industry contracting practices, project control reporting processes, project management practices, and financial system processes related to project management
- Self-motivated problem solver with excellent analytical skills and attention to details
- Familiar with risk management and analysis
- Strong computer skills, particularly with SAP, Microsoft Excel, Power BI, TEAMS, LRP Database Program
Preferred Qualifications
- Additional computer skill preferably with TRACK
Competencies
We are LyondellBasell – a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to champion our employees, and unlock value for customers, investors and society. LyondellBasell places high priority on diversity, equity and inclusion and is strongly committed to our planet, the communities where we operate and our future workforce. As one of the world’s largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and market high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare. For more information, please visit www.lyondellbasell.com or follow @LyondellBasell on LinkedIn.
Must be at least 18 years of age and must be legally authorized to work in the United States (US) on a permanent basis without visa sponsorship.
LyondellBasell does not accept or retain unsolicited résumés or phone calls and/or respond to them or to any third party representing job seekers.
LyondellBasell is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, veteran status, and other protected characteristics. The US EEO is the Law poster is available here.
