Senior Cost Analyst

NextDecade

$90K — $130K *
Energy & Utilities
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a relevant field, ideally with 10+ years of experience in cost management for major projects.
  • Extensive knowledge of project lifecycle cost control and budgeting, particularly in LNG, Oil & Gas, and Power sectors.
  • Proven ability to lead budget development, cost reporting, and cash flow forecasting processes.
  • Experience with change management, contract evaluations, and tracking cost commitments.
  • Advanced Excel skills with a knack for data analysis and performance metrics reporting.
  • Self-motivated with strong prioritization skills and the ability to handle confidential information.
  • Familiarity with ERP systems, particularly SAP or Oracle, is essential.

Responsibilities

  • Convert project cost estimates into detailed control budgets.
  • Manage detailed project budgets including monitoring and tracking of actuals.
  • Evaluate scope changes and prepare change order documentation.
  • Prepare monthly cost performance reports and analyze metrics for insight.
  • Administer cost codes and track commitments, actuals, and accruals diligently.
  • Generate relevant performance reports, including earned value and cash flow analyses.
  • Identify cost and performance trends, recommending corrective actions as necessary.

Benefits

  • Supportive work environment embracing professional development and growth opportunities.
  • Collaborative team culture with a focus on project success and timely delivery.
  • Access to cutting-edge tools and systems, enhancing productivity and reporting accuracy.
  • Potential for periodic travel to dynamic project sites, adding variety to work routines.
  • Health and wellness initiatives to support employee well-being.
Full Job Description
SUMMARY OF THE ROLE

This is a Sr. Cost Analyst position to support cost management of EPC Projects related to LNG Facilities. The typical cost range of these projects is from $4 billion to over $10 billion. The purpose of this role is to support implementation of comprehensive cost management system. This includes, budget development, cost tracking and control, cost forecasting, performance measurement and reporting.

KEY RESPONSIBILITIES:

  • Convert estimates into control budgets.
  • Develop and manage detailed project budgets
  • Evaluate scope changes and change orders.
  • Prepare monthly cost reports and analyze project performance metrics.
  • Administer cost codes and track project commitments, actuals, and accruals.
  • Generate reports and performance indicators including earned value, cash flow, resource histograms, and lifecycle cost performance analysis.
  • Reforecast project costs utilizing performance factors, trend analysis, and sound judgment.
  • Identify adverse cost and performance trends and recommend corrective actions.
  • Review and analyze vendor and contractor monthly invoices.
  • Support the development of Class 4 and 5 EPC estimates.
  • Perform Contingency analysis based on project Risk Registers and trends.
  • Support bid evaluations.
  • Develop project cash flow for cash calls.
  • Prepare formal presentations and reports related to cost management activities.


MINIMUM REQUIREMENTS:

  • Bachelor's degree in Construction Management, Engineering, Accounting, Business Management, Finance, or related field, with 10+ years of cost management and controls experience on major Oil & Gas, Power, or LNG projects.
  • Strong knowledge of construction methods, cost control, change management, earned value, forecasting, budgeting, and project controls throughout the full project lifecycle.
  • Can lead development and management of project budgets, cost reporting, cash flow forecasting, progress measurement, performance analysis, contingency evaluations, and reforecasting activities.
  • Administer cost control systems including cost coding, tracking commitments and actuals, evaluating change orders, reviewing contractor invoices, supporting bid evaluations, and identifying adverse cost trends.
  • Advanced proficiency in MS Excel, spreadsheets, charts, and presentations, with strong analytical, organizational, communication, and time management skills.
  • Ability to work independently, prioritize workload, exercise sound judgment, and handle sensitive and confidential information with professionalism.
  • Working knowledge of ERP systems such as SAP or Oracle


PREFERRED REQUIREMENTS:

  • Working knowledge of PowerBi.


TRAVEL REQUIREMENTS:

  • Travel to the project site during the construction phase may be required approximately once each month.


Work Environment

This position operates in a professional office environment with occasional work within or outside of a complex construction environment. This role routinely uses standard office equipment such as computers, phones, photocopiers/fax, filing cabinets, etc.This is primarily a sedentary role; however, the incumbent must be able to stand and/or sit continuously to perform all essential job functions for a full shift.

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to support individuals with ADA-recognized disabilities to perform the essential functions for the job.
• Ability to lift up to 20 lbs. as required in order to lift files, boxes and office equipment as necessary.
• Ability to lift files, open filing cabinets and bending, standing on a stool, or climbing as necessary to perform these functions.
• While performing the duties of this role, the incumbent may be required to talk or hear.
• The incumbent is required to stand, walk, use hands to handle or feel; and reach with hands and arms.
• Ability to move throughout all areas of each office/site location and facilities.
• Able to wear all necessary PPE equipment to perform job functions.

If you require accommodations during the application or interview process, please contact Human Resources at [email protected].

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

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