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Sr. Cost Control Specialist

The Woodlands, TX 77381

Posted: 02/24/20 Job Category: Oil and Gas Job Number: 4468

Job Description

Sr. Cost Control Specialist

Responsibilities include cost control, budgeting, cost trending/forecasting, and progress verification.

Job Description-
  • Oversee integrated cost control for the entire project, collecting data from all internal and external sources for the overall project
  • Confirm that the Cost Breakdown Structure (CBS) from the estimates is consistent with the Project objectives
  • Review project Cost Estimates and assist in the preparation of cost estimates for owners cost
  • Assure budgets are cast according to the way the project will be executed and expenditures will be made
  • Perform analysis of costs and prepare cost forecasts
  • Prepare the monthly Cost report
  • Analyze the contractors’ Cost reports and forecasts, verify their claimed progress, and report any inconsistencies, errors, or omissions
  • Coordinate monthly meetings with budget owners to review status of the budget
  • Interface with Accounting, Plant Operations, Project Management, and others as needed
  • Analyze estimates and actuals in relation to Benchmark metrics and perform reasonableness tests
  • Coordinate processing of Cost Trends and Change Orders and advise Project Controls Manager on Cost Tracking, Trends, and deviations
  • Assist with the cost estimating for changes and variances
  • Assist with the cost estimating for identified risks
  • Set up and maintain the cost tool/system to be used for the project
  • Review actual costs as incurred and make corrections or reclassifications within the accounting system as required
  • Review contractors’ invoices for accuracy and contractual compliance
  • Assist with other Project Controls issues as required
  • Assure that Cost Control deliverables meet all CPDEP expectations for each phase of the project
  • Provide guidance, oversight, and supervision to Cost Controls staff assigned to specific work scope task forces managing engineering and construction activities
  • Other ad-hoc tasks to support the Project Controls Manager

Qualifications Required-
  • Bachelor degree in engineering, construction, or business
  • 20+ years major downstream onshore project experience in a related capacity
  • Proficient with cost management systems equivalent of PRISM, EcoSys
  • Experience with SAP
  • Advance user of Excel
  • Ability to independently manage cost system and interface with scheduling system
  • Ability to work with peers, contractors, and a wide variety of skilled professionals
  • Good organizational skills
  • Excellent oral and written communication skills
  • Self-starter with a strong commitment to safety
  • Ability to manage multiple assignments simultaneously
  • Positive attitude and high ethical standards


Preferred Qualifications

  • Experience in working and facilitating the change management process for a major project
  • Experience in engineering, procurement, and construction
  • Good understanding of earned value progressing and the basis for rules of credit
  • Knowledge of quantity trending


Work Location
  • As part of the Owner' s   team in the Woodlands for Engineering phase. May need to travel to contractors’ offices. Position is expected to transition to construction site in Texas when construction starts.





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Kent Hudson
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