Turnaround Cost Control Lead, NA
2 days ago
LyondellBasell
LyondellBasell's Global Asset Integrity and Turnaround Department is a world-class, central engineering support organization - advancing continuous performance improvements in our petrochemical facilities worldwide.
The Turnaround (TA) Cost Lead is responsible for overseeing the development of cost estimates across all phases of the project, as well as managing cost controls and reporting for multiple TA events with total costs ranging from $50 million to $200 million, depending on the size and complexity of the turnaround and related capital projects. This role ensures alignment with Turnaround work processes, facilitates accurate budgeting, and drives improvements in cost management. The TA Cost Lead collaborates closely with event managers, planners, and finance teams to maintain transparency and provide strategic recommendations for cost optimization and risk mitigation. The position resides in the Global Asset Integrity & Turnarounds (GAIT) group.
Roles & Responsibilities
Cost Management & Control
- Support GoalZERO HSE performance by ensuring cost alignment with safe, efficient, and compliant operations.
- Oversee cost management processes in line with Turnaround Standards and Recommended Practices.
- Maintain ownership of TA cost control, tracking budgets, commitments, Value of Work Done (VOWD), spend phasing, and future forecasting.
- Ensure cost forecasts align with actual delivery progress, as reflected in the TA schedule.
- Ensure cost transparency and provide regular updates to the TA Steering team on deviations during event execution.
- Oversee contractor cost management processes, ensuring all contractual requirements are met.
Budgeting, Estimation & Reporting
- Develop and manage cost estimates for Development Funding requests (AFD1 and AFD2) and final funding approval budgets.
- Review and approve TA cost estimates, preparing pre-spend reports and Approval for Funding Expenditure (AFE).
- Prepare and review cost reports for each event, providing updates on spending and future forecasts.
- Analyze cost data, identify variances, and recommend corrective actions.
Collaboration & Communication
- Collaborate with TA planners, event managers, and support teams to consolidate cost estimates and manage budgets.
- Provide clear communication on cost updates, variances, and total cost forecasts to event leads and stakeholders.
- Facilitate quarterly financial and performance reviews, maintaining transparency against annual spend targets.
Work Breakdown Structures (WBS) & Governance
- Establish and comply with Work Breakdown Structures (WBS) in SAP, ensuring proper tracking through work orders and purchase orders.
- Support governance cycles, assisting with the preparation of Authorization for Expenditures (AFEs) and ensuring compliance with HSSE requirements.
- Maintain visibility on Change Control, ensuring approved and pending changes are reflected in cost tools.
Continuous Improvement & Post-Event Review
- Facilitate post-event look-back sessions and participate in Lessons Learned and Lookback workshops to identify cost optimization opportunities.
- Lead continuous improvement initiatives to streamline processes, reduce turnaround scope, and optimize costs.
Min. Qualifications
Education:
High School Diploma, Engineering, Construction Management, or Business degree preferred
Work Experience:
Typically, minimum of 8-10 years of experience in cost management, project controls, or financial planning, ideally within the oil & gas, chemical, or heavy industry sectors.
Languages:
English
Travel:
10% - 25% travel required in North America for our manufacturing sites. Willingness to take out of area assignments during execution of Turnaround
Skills
- Extensive experience managing cost control for large-scale Turnaround (TA) events.
- Proven ability to develop cost estimates, manage budgets, and perform financial reporting for complex, multi-phase projects.
- Proficiency in SAP or similar enterprise resource planning (ERP) systems, particularly in cost tracking and Work Breakdown Structures (WBS).
- Strong Excel skills, including the ability to build detailed financial models, forecasts, and variance analysis.
- Demonstrated ability to lead and manage cross-functional teams, ensuring effective communication and collaboration with finance, operations, and event management teams.
- Strong leadership and influencing skills, with experience overseeing contractor cost management and ensuring alignment with contractual requirements.
- Strong analytical abilities to identify cost variances, risks, and opportunities, along with the capability to recommend corrective actions.
- Experience driving continuous improvement initiatives to optimize costs, streamline processes, and enhance project delivery.
- Excellent verbal and written communication skills, with the ability to present complex cost data and insights clearly to stakeholders, including senior leadership.
Competencies
- Build Partnerships
- Deliver Results
- Drive Innovation
- Grow Capabilities
- Promote Inclusion
- Motivational/Cultural Fit
- Technical Skills
We are LyondellBasell - a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to champion our employees, and unlock value for customers, investors and society. LyondellBasell places high priority on diversity, equity and inclusion and is strongly committed to our planet, the communities where we operate and our future workforce. As one of the world's largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and market high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare.
Must be at least 18 years of age and must be legally authorized to work in the United States (US) on a permanent basis without visa sponsorship.
LyondellBasell does not accept or retain unsolicited resumes or phone calls and/or respond to them or to any third party representing job seekers.
LyondellBasell is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, veteran status, and other protected characteristics.
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