TURNAROUND / PROJECTS COST ANALYST
The Cost Analyst is responsible for the development and maintenance of the turnaround budgets, forecasts, trending/change, progress measuring, change control, reports, invoice support review and analysis as well as submitting Purchase Requisitions in SAP, processing invoices and providing support and assistance to the client team to maximize cost reporting and efficiency for multiple projects.
– Prepare turnaround cost reports, including actual cost, value of work done (VOWD) / accruals, commitments, monthly variances, forecast at completion (FAC), and estimate to complete.
– Work closely with Turnaround Managers, Maintenance Managers, and Maintenance Engineers to ensure cost updates and variances are understood and clearly communicated
– Provide oversite to contractor cost controls and assure compliance with industry best practices.
– Provide contract requirements for contractor cost control deliverable and guidelines
– Work closely with Turnaround planners to ensure cost phasing and forecasting aligns with the current schedule
– Establish Work Breakdown Structure (WBS) / Cost Breakdown Structure (CBS)
– Review Contractor cost management and reporting processes, ensuring implementation of Contractor’s contractual requirements
– Provide analysis and reporting on Turnaround costs to support management
– Application of Earned Value Management and Value of Work Done principals to help review invoices for correct collection of revenue.
Experience
– Experience in performing, monitoring, and reviewing turnaround cost, which include cost estimating, cost control, and cost analysis, in the field and the home office.
– Proficiency with PC operating systems, with proficiency in several basic software applications. Proficiency with multiple discipline specific software applications (SAP, Ecosys, Primavera and Microsoft Office Applications, PowerBi for example).
– Fully Versed in SAP
– Experience on Earned Value Management and Value of Work Done principals.
– Knowledge of financial reporting systems and controller account codes, and an understanding of Controller instructions, which impact Project Controls (including Project Financial Status Reports and Earned Revenue Determination Data).
– Knowledge of engineering, procurement, contracts, construction, and construction management customarily acquired over time through specialized instruction or practical experience.
