Cost Control Specialist

A JAB Recruitment client is seeking a Project Cost Control Specialist / Analyst to add to their Houston based team. This role is a full-time, direct hire position.

PLEASE NOTE:

*The worksite is located in Greenway Plaza.

*Please attach a resume in Word document format.

*No C2C

*No Relocation

*No Sponsorship

POSITION DUTIES:

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 to the Project Management (PM) team which may include cost control and reporting, invoice tracking, account reconciliation, purchase order/work directive analysis, and project status reports as needed.
• Conduct budget status reviews, committed cost analysis, PO status, change order status, and act as an auditing function to ensure all budget variances are reviewed in a timely manner to avoid project cost overruns.
• Support development and implementation of robust change control processes directly tied to delegation of authority to ensure compliance with all company and industry standards.
• Provide detailed and management level cost reports for assigned area to include open commitments, forecasts, contingencies, and line-item variance analysis to the project budget and prior forecast versions.
• Develop and maintain overall project plan for assigned work areas and back up support as needed.
• Develop communications and reporting networks for data gathering, review, analysis and presentation of recommendations to ensure project remains on schedule and within budget.
• Develop, implement, and maintain cost control measures, reports, cash flows and forecasts on specific Projects and Programs.
• Basic understating of risk management tools R, Y,G, chart, etc.
• Facilitate forecasting/planning meetings.
• Generate reports in order to update the PM team concerning progress curves and updated monthly spend forecasts.
• Lead, coordinate and facilitate interactive planning sessions at each phase of the project to assist in overall project plan development and update forecasts.
• Prepare, submit, and track bills for payment.
• Research unexpected items and resolve inaccuracies.
• Manage all competing priorities as part of the assigned project.
• Gather, retain, and properly store of supporting documentation regarding the receipt of materials on projects.
• Maintain regular, dependable attendance and a consistently high level of performance.
• Review invoicing for accuracy based on contractual constraints on a project-by-project basis.
• Ensure budget tracking against purchase orders or subcontracts.
• Generate purchase order information for processing and tracking.
• Serve as point of contact for project control related inquiries.
• Managing integrated data on multiple platforms.
• Facilitate Administrative Closeout procedure to formally closeout projects

JOB REQUIREMENTS:

Minimum requirements:

Education:

• Bachelor’s degree from an accredited institution in Accounting, Business Administration, Finance or a related discipline.
• A minimum of five (5) to seven (7) years of direct work experience in project control or financial analysis may be considered as a substitute for a degree.

Experience/Specific Knowledge:

• Understand the overall basic terminology of a project’s principle practices and concepts, project cost forecasting and budgets.
• Must be able to understand the needs of the Project Manager and business unit(s) for which development work is being performed.
• Good basic math skills (addition, subtraction, multiplication, division, decimals, fractions, etc.).
• Advanced office equipment skills (phone, fax, printer/copier, files and organizational skills, etc.).
• Knowledge of natural gas and crude oil terminology.
• Knowledge of FERC Standards of Conduct (Order 497).
• Intermediate proficiency level in MS Office applications that may include but are not limited to Excel, Word, Access, PowerPoint and Outlook. Sharepoint, Microsoft Teams, Oracle.

Certifications, Licenses & Registrations:

• Must possess and maintain a valid driver’s license and a driving record satisfactory to the company and its insurers (for travel).

Competencies, Skills & Abilities:

• Must be process oriented and able to maintain multiple tasks.
• Must possess general understanding of how corporate policies, procedures, practices and processes relate to the Gas/Oil Pipeline business segment, associated business units, and internal and external customers.
• Intermediate to advanced MS Excel skills including formatting, formulas, ad hoc reporting including pivot tables, etc.

Supervisory Responsibility:

• None

*Candidates will be required to pass pre-employment background and drug screenings.