Lead Cost Analyst
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Job Location:
Houston, MS - USA
Monthly Salary:
Not Disclosed
Posted on:
21 hours ago
Vacancies:
1 Vacancy
Job Summary
Details:
Primary Purpose:
Responsible to 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. 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.
Essential duties and responsibilities:
- Provide project control support including cost tracking reporting invoice management account reconciliation purchase order analysis and project status updates.
- Conduct budget reviews committed cost analysis change order tracking and act as an auditor to ensure timely review of variances and prevent cost overruns.
- Support and implement robust change control processes aligned with delegation of authority ensuring compliance with company and industry standards.
- Prepare detailed management-level cost reports including forecasts commitments contingencies variance analysis and trend reporting.
- Develop maintain and update overall project plans and schedules providing backup support as needed.
- Coordinate data gathering analysis and presentation activities to ensure projects remain on schedule and within budget.
- Design and execute cost control measures cash flow analysis and forecasts for individual projects and programs.
- Apply basic risk management tools such as R Y G charts to assess project risks.
- Facilitate forecasting and planning meetings; generate reports on progress curves and monthly expenditure forecasts.
- Lead interactive planning sessions at each project phase to support plan development and update estimates.
- Manage billing processes review invoices for accuracy and track against contractual constraints.
- Research and resolve unexpected issues discrepancies or inaccuracies related to project costs or documentation.
- Oversee project priorities materials receipt documentation and maintain organized records.
- Serve as the primary contact for project control inquiries and manage data across multiple platforms.
- Facilitate the administrative closeout process to formally close projects.
- Contribute to safety practices ensuring compliance and promoting a safety-conscious work environment.
- Perform other duties as assigned including non-traditional hours or special project tasks.
JOB REQUIREMENTS:
Minimum requirements:
Education:
- Bachelors degree from an accredited institution in Accounting Business Administration Finance or a related discipline.
Experience/Specific Knowledge:
- A minimum 7 years of direct experience in project control financial analysis or related fields.
- Proven experience leading or mentoring team members with the ability to provide guidance and oversight.
- Deep understanding of project cost forecasting budgeting and control principles.
- Familiarity with the needs of project managers and business units involved in development work.
- Good basic math skills (addition subtraction multiplication division decimals fractions etc.).
- Knowledge of natural gas and crude oil terminology is preferred.
- Understanding of FERC Standards of Conduct (Order 497).
- Experience with industry-specific software and systems (e.g. SAP Oil & Gas ERP systems) is a plus.
- Intermediate proficiency in MS Office applications especially Excel (formulas pivot tables ad hoc reporting) Word PowerPoint Access and Outlook.
- Familiarity with SharePoint Microsoft Teams and Oracle.
- Ability to perform data modeling analysis and advanced reporting tasks.
Certifications Licenses & Registrations:
- Must possess and maintain a valid drivers license and a driving record satisfactory to the company and its insurers (for travel).
Competencies Skills & Abilities:
- Strong leadership and team collaboration skills; ability to mentor and develop junior staff.
- Excellent organizational and time management skills; ability to prioritize tasks and work under strict deadlines.
- Strong analytical and problem-solving abilities.
- Effective communication skills for reporting stakeholder coordination and cross-functional collaboration.
- Process-oriented with a focus on accuracy attention to detail and continuous improvement.
- Ability to interpret and apply corporate policies procedures and industry standards related to the Gas/Oil Pipeline segment.
- Adaptability and flexibility to manage multiple projects and shifting priorities.
- Demonstrates professionalism integrity and accountability in all work activities.
Additional Qualifications (Preferred):
- Relevant certifications such as PMP AACEs Certified Cost Professional (CCP) or other project control certifications.
Working Conditions:
- May be required to carry a cell phone and be available to respond during working and non-working hours.
- The successful candidate will be required to clear a drug screen and a complete background check including credit report for certain positions after an offer has been extended and prior to being employed.
- Occasional overnight travel may be required
Supervisory Responsibility:
- None
PREFERRED EDUCATION EXPERIENCE CERTIFICATIONS COMPETENCIES SKILLS & ABILITIES:
Above the minimum requirements; not required but advantageous in this position:
- Advanced degree from an accredited institution in Accounting Business Administration Finance or a related discipline.
- Advanced Microsoft Excel skills
- Familiarity of the Oracle ERP system and specifically the Projects module
- Proficiency in Primavera Microsoft project or similar scheduling software.
Other responsibilities:
The above statements describe the general nature and level of work being performed. This position may perform other duties as assigned.
Required Experience:
IC
Details:
Primary Purpose:
Responsible to 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. 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.
Essential duties and responsibilities:
- Provide project control support including cost tracking reporting invoice management account reconciliation purchase order analysis and project status updates.
- Conduct budget reviews committed cost analysis change order tracking and act as an auditor to ensure timely review of variances and prevent cost overruns.
- Support and implement robust change control processes aligned with delegation of authority ensuring compliance with company and industry standards.
- Prepare detailed management-level cost reports including forecasts commitments contingencies variance analysis and trend reporting.
- Develop maintain and update overall project plans and schedules providing backup support as needed.
- Coordinate data gathering analysis and presentation activities to ensure projects remain on schedule and within budget.
- Design and execute cost control measures cash flow analysis and forecasts for individual projects and programs.
- Apply basic risk management tools such as R Y G charts to assess project risks.
- Facilitate forecasting and planning meetings; generate reports on progress curves and monthly expenditure forecasts.
- Lead interactive planning sessions at each project phase to support plan development and update estimates.
- Manage billing processes review invoices for accuracy and track against contractual constraints.
- Research and resolve unexpected issues discrepancies or inaccuracies related to project costs or documentation.
- Oversee project priorities materials receipt documentation and maintain organized records.
- Serve as the primary contact for project control inquiries and manage data across multiple platforms.
- Facilitate the administrative closeout process to formally close projects.
- Contribute to safety practices ensuring compliance and promoting a safety-conscious work environment.
- Perform other duties as assigned including non-traditional hours or special project tasks.
JOB REQUIREMENTS:
Minimum requirements:
Education:
- Bachelors degree from an accredited institution in Accounting Business Administration Finance or a related discipline.
Experience/Specific Knowledge:
- A minimum 7 years of direct experience in project control financial analysis or related fields.
- Proven experience leading or mentoring team members with the ability to provide guidance and oversight.
- Deep understanding of project cost forecasting budgeting and control principles.
- Familiarity with the needs of project managers and business units involved in development work.
- Good basic math skills (addition subtraction multiplication division decimals fractions etc.).
- Knowledge of natural gas and crude oil terminology is preferred.
- Understanding of FERC Standards of Conduct (Order 497).
- Experience with industry-specific software and systems (e.g. SAP Oil & Gas ERP systems) is a plus.
- Intermediate proficiency in MS Office applications especially Excel (formulas pivot tables ad hoc reporting) Word PowerPoint Access and Outlook.
- Familiarity with SharePoint Microsoft Teams and Oracle.
- Ability to perform data modeling analysis and advanced reporting tasks.
Certifications Licenses & Registrations:
- Must possess and maintain a valid drivers license and a driving record satisfactory to the company and its insurers (for travel).
Competencies Skills & Abilities:
- Strong leadership and team collaboration skills; ability to mentor and develop junior staff.
- Excellent organizational and time management skills; ability to prioritize tasks and work under strict deadlines.
- Strong analytical and problem-solving abilities.
- Effective communication skills for reporting stakeholder coordination and cross-functional collaboration.
- Process-oriented with a focus on accuracy attention to detail and continuous improvement.
- Ability to interpret and apply corporate policies procedures and industry standards related to the Gas/Oil Pipeline segment.
- Adaptability and flexibility to manage multiple projects and shifting priorities.
- Demonstrates professionalism integrity and accountability in all work activities.
Additional Qualifications (Preferred):
- Relevant certifications such as PMP AACEs Certified Cost Professional (CCP) or other project control certifications.
Working Conditions:
- May be required to carry a cell phone and be available to respond during working and non-working hours.
- The successful candidate will be required to clear a drug screen and a complete background check including credit report for certain positions after an offer has been extended and prior to being employed.
- Occasional overnight travel may be required
Supervisory Responsibility:
- None
PREFERRED EDUCATION EXPERIENCE CERTIFICATIONS COMPETENCIES SKILLS & ABILITIES:
Above the minimum requirements; not required but advantageous in this position:
- Advanced degree from an accredited institution in Accounting Business Administration Finance or a related discipline.
- Advanced Microsoft Excel skills
- Familiarity of the Oracle ERP system and specifically the Projects module
- Proficiency in Primavera Microsoft project or similar scheduling software.
Other responsibilities:
The above statements describe the general nature and level of work being performed. This position may perform other duties as assigned.
Required Experience:
IC
Key Skills
- Administrative Skills
- Facilities Management
- Biotechnology
- Creative Production
- Design And Estimation
- Architecture
About Company
PTS Advance is the largest specialist provider of technical talent to the United States’ Oil, Gas & Chemicals, Power & Renewables, Life Sciences, Construction & Infrastructure, and Manufacturing industries.
