Cost Analyst

As a member of the dynamic team, you will provide project controls guidance and support to capital projects in the Global Projects organization. This will include providing look-ahead forecasting and trend analysis, monitoring commitments, budgets, invoicing, cash flow forecast and preparing the feedback dossier for the Estimating group.

The position will demonstrate commitment to deliver on our company values:

• We champion people - leading project teams and working collaboratively with other LYB functions and contractors in a variety of capital projects
• We strive for excellence - champion creative and analytical thinking to optimize project definition and execution tactics to meet the project's business value proposition
• We shape the future - drive project performance metrics that support Global Projects' contribution to materializing the LYB strategy

US offices are located at the Houston Engineering Center just 14 miles NE from downtown Houston, TX. This is a direct-hire position with competitive base salary, annual bonus, 401K matching, generous benefits package, pension, employee discounts, and much, much more!

• Assists the Project Controls Manager in ensuring the establishment and consistent application of project cost and earned value best practices according to LYB established procedures.
• Provide project cost, quantity, manpower, and earned value metric reporting as well as analysing cost and productivity variances. Provide the project team with areas of concern as soon as possible.
• Assures that the project cost system(s) is functioning as required to provide the project team with accurate and timely data.
• Establishes & maintains the WBS in SAP.
• Tracks, analyzes, & reports cost/schedule information.
• Assists project team in resolution of issues involving cost, schedule, & changes.
• Provides cost information in support of the project's Total Installed Cost (TIC) estimate.
• Ensure required resources and effective processes are in place to execute the project control plans.
• Apply/follow effective changes management processes to ensure capital discipline.
• Lead forecasting/reporting of cost/schedule performance throughout project life cycle.
• Support common methods & standard reporting format for reports.
• Conduct post project audits to collect actual data versus estimated data for the purpose of making adjustments to estimating assumptions and processes.
• Ensure that relevant cost management procedures and reporting requirements are incorporated where appropriate in the contractor's scope of services.
• Reviews the cost estimates, man-hour budgets, scope changes, and budget revisions produced by contractors, subcontractors, and vendors.
• Report project cost to management as well as analyzing cost and schedule variances and recommending corrective actions.
• Proficiency in cost engineering principles and methods including budgeting and forecasting, change management systems/ procedures, work breakdown structures, earned value systems, contingency allocation
• Ensure that at project conclusion, all cost related items are properly closed out.

• Bachelor of Science degree in Mechanical, Civil, Electrical, Chemical Engineering or Business degree preferred.
• A minimum of 8 years functional experience in the areas of cost control, scheduling, estimating, construction project controls in the chemical/petrochemical or similar industry is required.
• Excellent computer skills, particularly with SAP and Microsoft Excel.
• PIMS experience or familiarity.
• Strong knowledge and experience with project planning, scheduling and execution.
• Knowledge of risk management and analysis.
• Must have excellent written and verbal communication skills, demonstrated problem solving and decision-making skills
• Ability to work under minimal supervision and effectively manage multiple/changing priorities.
• Exceptional analytical skills to effectively evaluate system performance, troubleshooting and mastery of continuous process improvement tools.
• Excellent interpersonal and communication skills to interface with and relate complex concepts/issues with all levels.
• Excellent leadership, mentoring and teamwork skills with the ability to effectively transfer technical expertise to less experienced project control professionals.
• Ability to develop suitable training materials specific to discipline.

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