Cost Analyst - New Unit Projects

Project Cost Analyst

Are you a detail-oriented professional with a passion for cost management and project optimization? We are seeking a skilled Project Cost Analyst to join our innovative team dedicated to driving the energy transition forward. In this role, you will play a crucial part in ensuring the financial success of our projects from inception to completion, contributing to sustainable growth and a greener future.

Roles and Responsibilities

• Develop and maintain project cost execution plans, cost curves, budgets, forecasts, and detailed weekly/monthly cost reports across assigned project scopes.
• Monitor actual and committed costs against budget and forecast; identify cost variances, determine root causes, assess cost-to-complete, and recommend appropriate mitigation actions.
• Partner with budget owners, Project Managers, and schedulers to align project schedules, cost curves, forecasts, and Bill of Quantity (BOQ) tracking.
• Maintain budget and forecast version control, ensuring approved changes, variation orders, and change orders are accurately reflected in project financials.
• Perform project risk and opportunity analysis, monitor cost risks and action plans, and conduct ad-hoc analysis to assess potential cost headwinds and overruns.
• Prepare cost information and analysis for project management reviews (PMRs) and communicate project cost performance, risks, and opportunities to key stakeholders.
• Coordinate cost estimates and financial analysis for change orders and claims, including tracking actual versus planned spend against approved changes.
• Support continuous improvement of cost-control processes, tools, reporting, and operating rhythms, while sharing lessons learned with Sales, ITO, IPM, and other stakeholders to improve future bids and project budgets.

Required Qualifications

• Bachelor's degree in Engineering, Business, Finance, Accounting, Project Management, or a related discipline.
• Minimum of 3 years of experience in project cost control, cost analysis, project controls, project management, quality or a related field, preferably supporting complex engineering, manufacturing, construction, energy, or infrastructure projects.
• Minimum of 2 years of experience with project budgeting, forecasting, cost-to-complete analysis, data analysis, and/or cost reporting.

Desired Characteristics

• Demonstrated experience analyzing actual and committed costs, identifying cost variances and risks, and supporting corrective or mitigation actions.
• Proficiency in Microsoft Excel, including experience analyzing and reporting project financial data; experience with project cost-management, ERP, or project controls systems preferred.
• Strong analytical, organizational, and problem-solving skills with demonstrated attention to detail and data accuracy.
• Effective written and verbal communication skills with demonstrated ability to collaborate across Project Management, Finance, Engineering, Sales, and other cross-functional teams.