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Cost Analyst

Job Description - Cost Analyst

Description

About the job: 


Kent is looking for a Cost Analyst to support our client site portfolio of projects in La Porte, TX. 


 


The Cost Analyst plays a critical role in assisting in the verification of costs with vendors and suppliers, estimating expenditures, and recommending cost-saving measures to upper management. To support in all aspects of capital project cost and control measures to the capital projects team adhering to corporate capital policies along with ensuring department work process procedures are followed from fund approval to total investment and closure.


 



















Skills and Responsibilities:  

Responsibilities:



  • Focus on the budgetary control system for projects, through the preparation of numerous cost reports, monitoring and commitment to budget and forecast.

  • Maintain accurate, updated information on project cost/budgets.

  • Coordinate with Project Management Team with preparing detailed project change notices timely to the client.

  • Prepare all relevant documentation and back-ups for project change notices to the client/Kent project change notice timetable.

  • Administer all change management queries from client, ensuring that queries are resolved in a timely manner.

  • Monitor and track all project change notices, including maintaining Project Change Notice logs.

  • Notify the Project Team once a change has been approved, rejected or cancelled.

  • Provide ad-hoc requests/reports to management and/or client.

  • Understand and apply project specific cost reporting requirements.

  • Control and monitor project total expenditure including verifying and checking of invoices and claims from suppliers, vendors and subcontractors to ensure that all project expenditures are captured and properly recorded.

  • Support the development and ongoing maintenance of the overall project controls infrastructure to include Work Breakdown Structure, Overall Project Plan, Code of Accounts, Project Estimate, Budgets, Project Schedule and resource requirements to execute the project.

  • Initialize budgetary control system and documentation for project.

  • Prepare forecasts, cost trend reports and monitor cost and commitment to budget and forecast.

  • Provide planning and cost controlling support for all projects which includes variation reporting, monitoring of milestone progress to the preparation of customer billing processes, etc.

  • Provide cost control advice to the internal Project Management team as and when required. Attend project meetings and discussions with the Project Management team.

  • Perform project costing related reporting to the team and management’s review to ensure that expenditures are kept within the project budget.

  • Monitor man-hours and cost progress.

  • Prepare reports on deviations, under-runs and overruns.

  • Carry out the necessary research and assemble all information regarding the cost situation.

  • Maintain change control and the change order register as well as cost reports, change registers, contract and bulletin registers.

  • Performs other duties as required.


 


In addition to the responsibilities listed herein, the employee may be required to perform other ad-hoc tasks as needed or directed by the supervisor or management. These tasks will be within the reasonable scope of the employee's skills, capabilities, and role within the organization. The intent of this provision is to allow for flexibility and adaptability in meeting the dynamic needs of the organization, ensuring that operational requirements can be met efficiently. All such tasks will be assigned considering the employee's current workload and with respect to their professional development.


 


These job requirements are the minimum basics of this job role. The Client will provide you further details of your job requirements upon mobilizing. These tasks will be within the reasonable scope of the employee's skills, capabilities, and role within the organization. The intent of this provision is to allow for flexibility and adaptability in meeting the needs of the Client ensuring that operational requirements can be met efficiently. All such tasks will be assigned considering the employee's current workload and with respect to their professional development.


 

Your knowledge/skills, education, and experience:  

Knowledge/ Qualification/ Training/ Certification: 


 



  • Bachelor’s degree in Engineering, or Accounting, or Business Administration with a minimum of 5 years related projects experience.

  • Experience taking leadership role of progress analysis, project administration in project controls, supporting internal and external reporting to management, updating databases on the progress of the projects, analysing the work done by engineers and publishing reports to the customer across small sustaining capital type projects

  • Able to set up a project at the start, with minimal supervision.

  • Demonstrated previous experience in creating projects, creating orders, monitoring deliverables, monitoring the progress against the hours and monitoring costs.

  • Detail oriented and self-starter who can work well with minimal supervision.

  • CCP/T from AACEI is a plus.

  • Proven problem solver, self-motivated with time management skills.

  • Able to effectively communicate commercial solutions and concepts to project personnel.

  • Strong organisational and time management skills.

  • Excellent verbal, written and communication skills required.

  • Proven analytical problem-solving skills required.

  • Expert technical skills and judgment.

  • Demonstrated ability to develop successful working relationships and become a team player.

  • Ability to work in harsh environments, in stressful situations, and during unsociable hours.

  • Proficient in MS Office suite of software programs.


 


HSSEQ:


The Employee shall observe the Health, Safety, Sustainability, Environment and Quality rules of the Company; it’s clients and the governing authorities of the host country. 

 


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