Worley

Principal Cost Analyst

Worley$90K — $130K *
Energy & Utilities
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Degree in Finance, Engineering, Quantity Surveying, Project Controls, Business, or related field, or equivalent experience.
  • Extensive experience in project cost analysis and financial forecasting in relevant sectors.
  • Advanced knowledge of cost management principles and budgeting processes.
  • Strong grasp of integrated project delivery and associated operational activities.
  • Ability to analyze complex data and provide actionable financial insights.
  • Experience in supporting major capital projects and collaboration with diverse teams.
  • Proficient in project controls systems and cost management software.

Responsibilities

  • Lead project cost analysis and control activities for complex projects.
  • Maintain accurate cost reports, forecasts, and performance analyses.
  • Establish robust relationships with project teams and stakeholders around cost performance.
  • Provide guidance on cost management methodologies and reporting standards.
  • Monitor project costs and identify risks and opportunities for improvement.
  • Conduct detailed cost analyses to support strategic decisions and operational efficiency.
  • Collaborate with multidisciplinary teams to align cost data with project objectives.

Benefits

  • Opportunities for training and professional development.
  • Supportive work culture that promotes sustainability and continuous improvement.
  • Access to advanced digital tools and methodologies in project control.
  • Opportunities for mentoring and team development.
Full Job Description
Purpose of the Role

At Worley , we are delivering sustainable change by supporting customers across the energy, chemicals, and resources sectors as they navigate the transition toward a more sustainable future. Through integrated, data-centric solutions and deep technical expertise, we partner with customers throughout the full lifecycle of their assets, from early consulting and engineering through commissioning, operations support, decommissioning, and remediation.

The Principal Cost Analyst plays a critical role in supporting Worley's commitment to operational excellence, project performance, and sustainable delivery outcomes. This position provides specialist leadership in project cost analysis and cost control activities across major and complex projects, ensuring accurate financial visibility, proactive reporting, and effective commercial support aligned with customer objectives and business strategy.

The role collaborates closely with project management teams, customers, engineering, procurement, construction, and site personnel to deliver reliable cost forecasting, reporting, and performance analysis that support informed decision-making and successful project execution. The Principal Cost Analyst contributes to continuous improvement initiatives, strengthens project governance practices, and supports Worley's ambition to be recognized globally as a leader in sustainability solutions.
Key Responsibilities
  • Lead and coordinate project cost analysis and cost control activities across major and complex projects within the energy, chemicals, and resources sectors.
  • Prepare, review, and maintain accurate project cost reports, forecasts, trends, and performance analyses to support effective project execution and customer outcomes.
  • Establish and maintain strong working relationships with project management teams, customers, and operational stakeholders on all matters relating to project cost performance and financial reporting.
  • Provide expert guidance and technical support in cost management methodologies, forecasting practices, reporting standards, and project controls processes.
  • Monitor project expenditures, commitments, productivity trends, and cost performance indicators to identify risks, opportunities, and corrective actions.
  • Conduct detailed cost analysis activities that support strategic decision-making, operational efficiency, and sustainable project delivery outcomes.
  • Perform periodic site engagement activities to validate field reporting accuracy, assess project progress, and strengthen alignment between site operations and project controls functions.
  • Support integrated project delivery through collaboration with engineering, procurement, construction, and commissioning teams to ensure alignment of cost data and project objectives.
  • Contribute to the development and continuous improvement of cost control systems, reporting tools, governance frameworks, and operational processes.
  • Review and validate project data to ensure consistency, accuracy, transparency, and compliance with organizational standards and customer requirements.
  • Provide technical leadership, mentoring, and guidance to project controls and cost analysis personnel to support capability development and knowledge sharing.
  • Support proposal development, project planning activities, and commercial reviews through the provision of reliable cost information and analytical insights.
  • Identify emerging project risks, commercial impacts, and operational trends while supporting the implementation of mitigation strategies and improvement initiatives.
  • Promote a culture of collaboration, accountability, safety, integrity, and continuous improvement aligned with Worley's purpose and sustainability ambitions.


Qualifications / Skill Set
  • Degree qualification in Finance, Engineering, Quantity Surveying, Project Controls, Business, Construction Management, or a related discipline, or equivalent industry experience within complex project environments.
  • Significant experience in project cost analysis, cost control, project controls, financial forecasting, or commercial project support within the energy, chemicals, resources, infrastructure, or industrial sectors.
  • Advanced understanding of project cost management principles, forecasting methodologies, earned value practices, budgeting processes, trend analysis, and project reporting frameworks.
  • Strong knowledge of integrated project delivery environments and the relationship between engineering, procurement, construction, commissioning, and operational activities.
  • Demonstrated ability to interpret complex project data and develop clear, accurate, and meaningful financial insights that support operational and commercial decision-making.
  • Experience supporting major capital projects and working collaboratively with multidisciplinary project teams and customer stakeholders.
  • Advanced capability in project controls systems, reporting platforms, digital tools, data analysis methodologies, and cost management software applications.
  • Strong analytical, problem-solving, and critical-thinking skills with the ability to identify trends, evaluate risks, and recommend practical solutions.
  • Excellent communication and stakeholder engagement skills with the ability to present complex information clearly and effectively across technical and non-technical audiences.
  • Demonstrated ability to work independently within broad operational objectives while contributing to wider business and project strategies.
  • Proven capability to mentor and support team development through technical guidance, collaboration, and knowledge sharing.
  • Strong commitment to operational integrity, continuous improvement, sustainability, and delivering high-quality outcomes aligned with Worley's purpose and values.

About Worley

Worley is a global engineering and construction company that provides services to the energy, chemicals, and resources sectors. The company was founded in 2019 through the merger of WorleyParsons and Jacobs' Energy, Chemicals and Resources division. Worley has over 48,000 employees in 49 countries and provides a range of services including consulting, engineering, procurement, construction, and project management. The company is committed to sustainability and has set ambitious targets to reduce its carbon footprint and increase the use of renewable energy in its operations.
Learn more about Worley
Size
47,700 employees
Industry
NASDAQ

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