Advisor II, Cost Controls

Advisor II, Cost Controls As Advisor II, Cost Controls, you will play a pivotal role in shaping the financial success of capital projects. In this position, you will be responsible for tracking, analyzing, and reporting project costs to ensure financial performance aligns with project budgets and corporate objectives. Your expertise will help drive transparency, accountability, and smart decision-making, making a direct impact on project outcomes and operational excellence. What You’ll Do Create and maintain project structures in SAP and EcoSys, including networks and activities, and process requisitions to support project execution. Prepare and submit monthly accruals while proactively resolving invoice discrepancies. Facilitate Asset Registration Develop and maintain project cost reports, forecasts, and variance analyses Monitor project expenditures against budgets and provide early warning of potential cost overruns Support preparation of cost estimates and budgets for new projects and change orders Work closely with Project Managers, Planners, and Finance teams to provide cost data and financial insights Review and validate invoices, purchase orders, and contracts for compliance with cost coding and budget allocations Maintain cost control systems and ensure data integrity in cost management software Assist in cash flow forecasting and financial planning Identify opportunities for cost savings and efficiency improvement What You’ll Bring – Required Legally authorized to work in the job posting country High School Diploma or equivalent Possess a valid Driver’s License 1 or more years of cost control or cost engineering experience in the energy or related industry Proficiency in cost control and reporting software (e.g., SAP, Excel, or similar systems) What Makes You Stand Out – Preferred Bachelor’s Degree in Finance, Accounting, Engineering, Business, or a related field 5 or more years of cost control or cost engineering experience in the Oil & Gas/Petrochemical industry 5 or more years of experience in: Planning, Scheduling, Tracking, Estimating, Forecasting Proficiency working directly with EcoSys and Power BI Professional certifications (e.g., AACE CCP, PMP, or similar) Familiarity with project planning and scheduling processes Excellent analytical, problem-solving, and reporting skills Compensation Range This position has a base salary range of $108,900 - $133,100. At Phillips 66, we are committed to pay transparency and competitive, equitable compensation. Each role is assigned a salary grade with a defined pay range, benchmarked against industry peers. Where a candidate offer falls within the posted range depends on the candidate's experience, skills, and alignment with the role’s requirements. Offers are made to ensure internal equity and market competitiveness. Our compensation programs are designed to reward performance and support career growth. Benefits Annual Variable Cash Incentive Program (VCIP) bonus 8% 401k company match Cash Balance Account pension Medical, Dental, and Vision benefits with an annual company contribution to a Health Savings Account for employees on HDHP Total well-being programs and incentives, including Employee Assistance Plan, well-being reimbursement, and backup family care services Phillips 66 is an Equal Opportunity Employer. #J-18808-Ljbffr Phillips 66