Cost Analyst

A top oil & gas customer is seeking a Cost Controls Analyst to join their Baytown team to support CPChem projects (MEJ/OPEX and Capital). This individual is responsible for cost forecasting and budget management for CPL-supported operations and capital projects. This role partners closely with Operations, Project Managers, and Finance to ensure accurate cost reporting, disciplined forecasting, and alignment with CPChem financial expectations. The analyst plays a critical role in maintaining cost visibility across OPEX and capital spend, supporting business planning (BPLAN), and enabling informed decision-making through reliable financial data. Key Responsibilities: Cost Management & Forecasting Develop and maintain monthly OPEX and capital forecasts, including variance analysis and year-end outlooks Track Actual Cost of Work Performed (ACWP) and compare against budget and forecast enabling booking of accruals for CPChem finance. Identify cost trends, risks, and opportunities; proactively communicate deviations Support cash flow forecasting and timing of project spend Budgeting & Business Planning (BPLAN) Support annual BPLAN development for CPChem operations and capital programs Validate cost assumptions and contractor/labor forecasts Ensure consistency between BPLAN, forecasts, and actuals Capital Project Cost Controls Partner with Project Managers to establish and maintain WBS structures and cost estimates Support AFE/AFD development, supplements, and approvals Ensure alignment between funding requests, estimates, and reported costs Facilitate monthly cost review meetings with project teams and stakeholders Support project close-out activities for OPEX and capital projects Reporting & Analysis Deliver monthly cost performance reports to operations leadership and CPChem stakeholders Provide variance explanations and actionable insights Develop dashboards and reporting tools (e.g., Excel, Power BI, SAP) to improve transparency Support ad hoc financial analysis for operational and strategic decisions as requested by CPChem cost controls and finance Cost Discipline & Process Improvement Promote standardized cost control practices across CPChem projects and operations Drive improvements in forecast accuracy, reporting consistency, and data quality Ensure compliance with internal controls and financial governance requirements #J-18808-Ljbffr