Cost Analysis Specialist

1 week ago

Houston, Texas, United States Merichem Full time
Job Overview

SUMMARY

The Cost Analysis Specialist is responsible for generating detailed cost assessments for labor, services, equipment, and materials related to proposals and projects, ensuring adherence to established pricing protocols.

KEY RESPONSIBILITIES

  • Interpret and analyze engineering schematics (including general arrangements, piping, electrical, and P&ID) to facilitate accurate cost estimations.
  • Conduct material take-offs for proprietary equipment, rotating machinery, vessels, piping, instrumentation, and structural components, including soliciting quotes from suppliers and subcontractors.
  • Collaborate with external vendors to gather service estimates.
  • Calculate labor and material expenses for the fabrication of subassemblies and basic product vessels, ensuring compliance with specifications and relevant codes.
  • Engage daily with Business Development Managers, Sales Engineers, and the Proposals Department.
  • Assist in the maintenance and updating of the department's cost database.
  • Perform quality assurance checks on generated cost estimates.
  • Conduct cost analysis on projects to identify opportunities for improvement and enhance the estimating process.
  • Deliver cost estimates promptly while maintaining the required accuracy.
  • Adapt to challenges and thrive in a dynamic work environment.
  • Continuously refine cost estimating tools and methodologies.
  • Enhance the overall cost estimating process.
  • Commit to excellence in Environmental, Health, Safety, and Security performance.
  • Undertake additional responsibilities as assigned by management.

EDUCATION & EXPERIENCE

  • High School diploma or equivalent is mandatory.
  • A Bachelor's degree in Engineering or Business is preferred.
  • A minimum of 10 years of cost estimating experience in the chemical, petrochemical, or oil and gas sectors is required with a High School diploma.
  • 1-3 years of engineering, cost control, or estimating experience in the relevant industries is necessary with a Bachelor's degree.
  • Experience with Sage (Timberline) software is advantageous.
  • Familiarity with licensed processes is beneficial.
  • Knowledge of industry standards in Oil and Gas and Chemical sectors is essential.
  • Understanding of terminology used in refining, chemical, and heavy industries is preferred.
  • Strong organizational skills with the ability to prioritize estimates based on deadlines.
  • Effective communication skills, both verbal and written.
  • Ability to manage in-house project assignments and tasks with varying timelines to meet all commitments.
  • Proficient in Oracle, Excel, Microsoft Word, and other MS Office applications.

SUPERVISORY RESPONSIBILITIES

  • This role does not include supervisory responsibilities.

EXPECTED WORK HOURS

  • Must be able to work a standard schedule and additional hours as required by job responsibilities.

TRAVEL REQUIREMENTS

  • A valid driver's license is required.
  • Must be insurable under the company's liability insurance policy.

WORK ENVIRONMENT

Physical Demands

The physical demands described are representative of those that must be met by an employee to successfully perform the essential functions of this role. Reasonable accommodations may be made to enable individuals with disabilities to perform these functions.

Work Environment and Physical Effort

  • Ability to work in an office setting.
  • Maintain focus and analyze data effectively.
  • Capable of sitting and using a computer for extended periods.
  • Proficient in verbal communication.
  • Able to lift up to 20 pounds and perform routine physical activities.
  • Ability to use hands for grasping objects.
  • Visual acuity to judge distances and spatial relationships.
  • Routine physical exertion, including standing, walking, and climbing.
  • Must use personal protective equipment (PPE) as required.
  • Utilize PPE to mitigate exposure to noise exceeding 85 dB.

OTHER DUTIES: This job description is not intended to be an exhaustive list of all activities, duties, or responsibilities required of the employee. Responsibilities may change at any time with or without notice.

  • Cost Analysis Specialist

    2 weeks ago

    Houston, Texas, United States Martin Foods LP Full time

    Job OverviewPOSITION SUMMARYMartin Foods LP is in search of a dedicated and detail-oriented Cost Accountant who will play a pivotal role in financial analysis and operational collaboration. This position involves conducting variance analysis and working closely with the management team and production personnel to drive continuous improvement and align with...

  • Cost Analysis Specialist

    1 week ago

    Houston, Texas, United States Martin Foods Full time

    Job TypeFull-timePosition OverviewMartin Foods is looking for a dedicated and detail-oriented Cost Accountant to join our finance team. This role will focus on analyzing manufacturing expenses and collaborating with the operations management team to drive continuous improvement and align with business strategies. The ideal candidate will have a strong...

  • Cost Analysis Specialist

    1 week ago

    Houston, Texas, United States Martin Foods Full time

    Job TypeFull-timePosition OverviewThe company, Martin Foods, is in search of a dedicated and detail-oriented Cost Accountant. This role is pivotal in conducting variance analysis and fostering daily collaboration with the operations management team and production personnel to enhance continuous improvement and execute business strategies. The successful...

  • Cost Analysis Accountant

    2 weeks ago

    Houston, Texas, United States The Reserves Network Inc Full time

    Position OverviewAnnual compensation ranges from $60,000 to $80,000. This role is based in a dynamic environment where your skills will contribute significantly to our mission.Key Responsibilities:Analyze discrepancies in budget versus actual performance.Conduct assessments of production efficiency.Perform comprehensive margin analysis for product...

  • Cost Accounting Specialist

    2 weeks ago

    Houston, Texas, United States LHH Recruitment Solutions Full time

    Job OverviewCost Accounting Specialist - Direct Hire - $85kPosition Summary: In the role of Cost Accounting Specialist, you will play a crucial part in monitoring, evaluating, and reporting on production costs. Collaborating closely with both production and finance teams, your focus will be on ensuring precise cost reporting, aiding in budgeting and...

  • Financial Planning and Analysis Specialist

    2 weeks ago

    Houston, Texas, United States NOV, Inc. National Oilwell Varco Full time

    Role Overview:As a Financial Planning and Analysis Specialist, you will be integral in the development and evaluation of ongoing financial forecasts and comprehensive annual budgets. This role involves collaboration with various cost centers within our Segment Administrative group and associated Business Units. Key Responsibilities:1. Conduct in-depth...

  • Principal Cost Controls Specialist

    10 hours ago

    Houston, Texas, United States McDermott Full time

    About the RoleMcDermott is seeking a highly skilled Principal Cost Controls Specialist with a strong background in LNG to join our project controls team. This is an exciting opportunity to work with a dynamic team and contribute to the success of our projects.Key ResponsibilitiesCoordinate the development of project control budgets in conjunction with...

  • Energy Cost Analysis Specialist

    1 week ago

    Houston, Texas, United States Just Energy Full time

    Just Energy is recognized as a leader in the energy sector, having been awarded Best Electricity Company in Houston. This accolade highlights our commitment to excellence as determined by community feedback. Key Responsibilities: Conduct daily evaluations of pricing to ensure accuracy and timeliness.Analyze customer data to identify risks and suggest...

  • Energy Cost Analysis Specialist

    1 week ago

    Houston, Texas, United States Just Energy Full time

    Just Energy is recognized as a leading provider in the energy sector, proudly acknowledged for excellence in service delivery. Key Responsibilities: Conduct daily evaluations of pricing structures with precision and timeliness.Analyze customer data to identify risks and recommend suitable products.Collaborate with the Sales Team to maintain competitive and...

  • Energy Cost Analysis Specialist

    1 week ago

    Houston, Texas, United States Just Energy Full time

    Just Energy is honored to be recognized as the Best Electricity Company in Houston. The 2021 Best of the Best competition, presented by the Houston Chronicle, highlights the top businesses in the city as chosen by the community. Key Responsibilities: Conduct daily pricing assessments with precision and timeliness.Analyze customer information to evaluate...

  • Cost Control Specialist

    2 weeks ago

    Houston, Texas, United States Martin Foods LP Full time

    Job OverviewPOSITION SUMMARYMartin Foods LP is in search of a dedicated and detail-oriented Cost Accountant who will play a crucial role in financial analysis and operational efficiency. This position involves collaborating closely with management and production teams to drive continuous improvement initiatives and execute strategic business objectives. The...

  • Cost Control Specialist

    2 weeks ago

    Houston, Texas, United States Occidental Petroleum Corporation Full time

    Job Overview - Cost & Planning AnalystAs a pivotal member of our team, the Cost & Planning Analyst will contribute to the financial integrity of our operations at Occidental Petroleum Corporation. We are a prominent international energy firm with significant holdings primarily in the United States, the Middle East, and North Africa. Our operations encompass...

  • Cost Control Specialist

    2 weeks ago

    Houston, Texas, United States Martin Foods Full time

    Job TypeFull-timePosition OverviewThe organization, Martin Foods, is in search of a dedicated and skilled Cost Accountant. This role focuses on variance analysis and involves daily collaboration with the management team and production personnel to enhance continuous improvement and execute business strategies. The primary responsibilities include analyzing...

  • Lead Cost Estimator

    1 week ago

    Houston, Texas, United States Piper Maddox Full time

    Senior Cost Analysis SpecialistCompensation: $150,000 - $175,000, plus bonus and employee stock ownership planLocation: Houston, TX - Full-time, in-officePiper Maddox is proud to collaborate with a premier Engineering, Procurement, and Construction (EPC) firm that is at the forefront of the solar energy sector. This esteemed organization has successfully...

  • Cost Accounting Specialist

    1 week ago

    Houston, Texas, United States NorthPoint Search Group Inc Full time

    Cost Accounting SpecialistLocation: Houston, TXA reputable mid-sized equipment manufacturing firm is in search of a skilled Cost Accounting Specialist. This role is essential due to the retirement of a previous team member, and the ideal candidate will possess a solid background with 3 to 5 years of relevant experience.Key Responsibilities:Manage inventory...

  • Commission Analysis Specialist

    2 weeks ago

    Houston, Texas, United States INSPYR Solutions Full time

    Position Title: Commission Analysis SpecialistWork Arrangement: RemoteContract Duration: 6+ month engagementOverview:The Commission Analysis Specialist plays a crucial role in defining and validating the data utilized for incentive calculations, ensuring adherence to contractual obligations in these computations, and implementing enhancements to the...

  • Market Analysis Specialist

    2 weeks ago

    Houston, Texas, United States Energy Transfer Full time

    Position OverviewThe Market Analysis Specialist will play a crucial role in supporting the Market Fundamentals team at Energy Transfer. This position involves the analysis of market dynamics related to Natural Gas, NG Ls, and Crude Oil.Key ResponsibilitiesConduct in-depth modeling of market supply and demand to uncover valuable insights.Analyze data trends...

  • Cost Management Specialist

    2 weeks ago

    Houston, Texas, United States Airswift Full time

    Airswift is seeking a Project Financial Analyst to assist a prominent Oil & Gas client.Work Schedule: 9/80Key Responsibilities:Provide cost-effective and efficient solutions for Schedule & Cost Management.The Project Financial Analyst will be tasked with developing and overseeing a project timeline and budget to meet project objectives.Design and implement...

  • Project Cost Analyst

    1 week ago

    Houston, Texas, United States Datamatics Global Services Inc Full time

    Job OverviewPosition Title: Cost Control SpecialistLocation: Houston, Texas, with potential for remote work in the futureContract Duration: Months (with possibility of transitioning to permanent)Compensation: $34.5/hr W2Working Hours: Day shift with flexible start and end timesRole Summary:The Cost Control Specialist is responsible for overseeing and...

  • Cost Analyst IV

    5 days ago

    Houston, Texas, United States ICSI Full time

    Job SummaryWe are seeking a highly skilled Cost Analyst IV to join our team at ICSI. As a key member of our project management organization, you will be responsible for establishing and managing integrated project cost and schedule systems for multiple mid-large capital projects.Key ResponsibilitiesCost Management: Develop and implement cost control systems,...