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Project Cost Control Technician

3 months ago


Sulphur, United States Recon Management Services INC Full time
(*IN-PLANT ROLE - See Client Specific information below in Job Requirements)

Summary of Description:

Perform routine tasks related to the collection of data required to monitor budgets and estimates for a specific portion of a project.

Duties:
  • Reconciliation and audit of invoices relative to services received and contractor cost reports, agreed billing rates and terms and conditions.
  • Input actual costs into project cost reports in preparation for Project Manager's review and forecasting of final costs.
  • Update individual project cost reports for actual cost to date.
  • Monitor contractors project controls systems (Cost Reports, Productivity Analysis, Forecasts, etc.) to ensure costs are being managed within the approved Project funding and/or requests.
  • Validate contractor cost reports ensure incorporated into overall Project Cost Reports.
  • Interface with Project Accountant and Client Accountant.
  • Ability to learn to analyze and compile data that may have an influence on costs, efficiencies, trends, etc. Such factors include labor, materials, subcontracts, special machinery requirements and location.
  • Assist others with estimates and bids.
  • Communicate and interface with all other project team members.
  • Assist in preparing routine and/or special request reports per established instructions, department procedures and deadlines.
  • Assist cost engineers in compiling cost data, preparing costs and manpower forecasts, etc.
  • May calculate/prepare material to validate installed vs. estimated quantities, comparison reports, charts and tables for analysis.
  • Administrative duties associated with day-to-day routine activities designed to provide practical application of cost methods.
  • Perform other job-related duties as assigned.
Education and Experience:

High School Diploma or Equivalent (GED), with additional specialized training or college course work and at least sixteen (16) years of experience, or an equivalent combination of education and experience sufficient to successfully perform the essential duties of the job such as those listed above.

Specific Skills:
  • Proficient at spreadsheet and data base programs (Excel, Access, etc.)
  • Understanding of cost and project controls methodology.
  • Basic knowledge of resource monitoring techniques plus ability to follow procedures and directions.


Physical Requirements:

Ability to reach, stand, walk, finger, grasp, feel, talk, hear, see and to perform repetitive motions.

Sedentary work: Exerting up to 10 lbs. of force occasionally and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time.

Requirements

*Due to in plant position the below referenced Job Duties have been provided by client:

ReCon is hiring for a short term 9 month assignment at a local industry leader. This position is a 40 hour on-site role.

Responsible for the effective cost management services on all capital projects within Chemicals Americas which includes pro-active monthly cost reporting, setting up the control base, change management, verifying and tracking all expenditures on the projects.

Maintain high standard of cost reporting and ensure that the project health status is reflected through accurate tracking and reporting of changes and risk and the remaining contingencies and risk allowances.

Accountabilities:

•Conform and set up of the cost control base according to defined WBS structure

•Compile and distribute monthly cost reports to all project stakeholders including high level management up to VP level.

•Track all project expenditures. Review trends, anomalies and correct charging issues.

•Advise project management of cost trends and their effects on anticipated project expenditures.

•Facilitate and track monthly cost forecasts by co-ordination, expediting, and liaising with stakeholders and other functions

•Processing and facilitating change orders for project managers within AFE projects. Maintain change management log, SAP and cost reports to reflect latest approved budgets.

•Assist with the evaluation and estimate of change requests.

•Assist with the verifying and processing of invoices for payment by Financial department as needed.

•Interface with SAP to obtain cost information, set up and close projects and diagnose issues.

•Assist project management in estimating and tracking of purchase requisitions.

•Monitor purchase order status and facilitate PO closures.

•Perform cost reconciliations and analysis.

•Compiling accruals as requested from Finance through analyses of purchase orders, VIM and service entry information on SAP and interactions with project management and vendors to provide monthly manhours and material costs not yet invoiced

•Assisting with updating and review of processes and procedures.

•Provide input into costing methodologies, systems and tools to improve the division's efficiencies, effectiveness and governance role.

•Assisting and participating in audits.

•Prepares various cost control and performance measurement analysis

•Provide support in claims and insurance analyses.

•Initiate, distribute and monitor weather related AFEs. Track and package cost related to events for insurer's review. Assist management in supporting all cost to ensure reimbursement.

•Compiling of ad hoc reports

Education:

•Minimum B.S. in Engineering, Accounting or related field / demonstrated experience in project cost control;

•Project Management Professional Certification or AACE certification (preferred)

Working Experience:

•8 to 10 years of capital project cost control experience (required)

Required Professional and Personal Skills:

•Thorough understanding of project management, cost control & accounting principles

•Thorough understanding of change management principles

•Ability to simultaneously process data and completed cost reports for multiple projects within the project Portfolio of Chemicals Americas

•Access / database knowledge / Power Bi / Power Query knowledge

•In depth knowledge of cost control systems and SAP

•Extensive Excel and MS Office expertise

•Excellent analytical, interpersonal, teamwork, written, and verbal skills

•Ability to effectively prioritize and execute tasks in a high-pressure environment and consistently meeting monthly reporting timelines

•Proven ability to work effectively both independently and in a team-based environment.

•Capability to conduct research into project-related issues by independent analysis, critical thinking and problem-solving.

•Data driven decision making, attention to detail, a professional demeanor, and unquestionable integrity.

•Capability and willingness to learn, understand, and apply new technologies.

•Ability to work with a wide variety of personnel and stakeholders at different levels of engineering, design, maintenance, and management to VP level as well as external stakeholders.