Senior Cost Analyst

Senior Cost AnalystLocation: The Woodlands, TX (In-office 4 days per week)Industry: Electric Utilities / Power Generation (New Generation Capital Projects)OverviewWe are seeking a Senior Cost Analyst to support large-scale New Generation capital projects across multiple stages of development and execution. This role will be filled at the Analyst III or Senior Analyst level, depending on experience and qualifications.The successful candidate for the Senior Cost Analyst opportunity, you will play a key role in maintaining cost models and forecasts, performing detailed cost and financial analysis, and providing insights that support effective project and portfolio decision-making. This position partners closely with Project Management, Finance, and Cost Management teams to ensure strong cost control, transparency, and regulatory readiness.As Senior Cost Analyst, your responsibilities will include (but not be limited to):Cost Modeling & Financial AnalysisDevelop, maintain, and enhance project cost models and forecasts for assigned capital projectsPerform scenario analysis to evaluate cost risks, trends, and potential outcomesProvide detailed monitoring and analysis of project budgets, actuals, and forecastsConduct forensic cost analysis on project spending to ensure budget adherenceIdentify variances, trends, and emerging risks; recommend corrective actionsProject & Portfolio SupportInterface regularly with project teams and finance partners to support cost control, analysis, and reportingCompile and analyze monthly project cost and performance data for management reportingSupport portfolio-level analysis related to cost performance, trends, and risk exposureIdentify gaps and opportunities for process improvement within cost management practicesRisk, Controls & DocumentationParticipate in project risk management sessions, quantify potential cost impacts, and support mitigation planningPrepare documentation required for stage gate reviews, prudency reviews, hearings, regulatory filings, and change order processesDemonstrate strong technical writing and document management skills to ensure audit- and regulator-ready deliverablesSystems, Reporting & ToolsUtilize Cognos, Power BI, Maximo, and Power Plan to analyze cost data, interpret outputs, and develop clear presentationsLeverage advanced Excel and financial modeling skills to support decision-makingTechnical Skills & KnowledgeStrong proficiency in cost estimating, budgeting, and project controls principles (cost, schedule, scope, risk)Understanding of how project schedules impact cost forecasting and integration of schedule into cost modelsKnowledge of mega-project financing structures, including AFUDC, CIAC, and bank financingFamiliarity with commercial agreements and contracting strategiesAdvanced proficiency in Excel, Word, and PowerPointWorking knowledge of Cognos, Power BI, Maximo, and Power PlanPersonal SkillsStrong analytical and problem-solving skills with the ability to make data-driven recommendationsEffective communicator capable of working across project teams, finance partners, and leadershipDetail-oriented with the ability to manage complex documentation and regulatory requirementsCollaborative mindset with the ability to build consensus and provide constructive feedbackQualifications & EducationBachelor's degree in Finance, Accounting, Project Management, Construction Management, or related field (Preferred: MBA or advanced degree) OR equivalent relevant experiencePreferred/ Desirable QualificationsFamiliarity with regulatory bodies such as NERC, MISO, FERC, Public Service Commissions, and City CouncilsAACEI certifications: Certified Cost Technician (CCT) or Certified Cost Professional (CCP)Why Join This Team?High-impact role supporting major New Generation capital investmentsStrong integration with project, finance, and leadership teamsHybrid work environment with consistent in-office collaborationOpportunity to grow within a structured capital project and cost management organizationLong-term employment opportunity. If you are working as a Senior Cost Ain the electrical utilities or Oil & Gas industries, please apply to this advert. This is an excellent opportunity to join a highly successful team that offers stability, long-term employment and opportunities for career development.At this time, we are only able to consider US Citizens and Green Card holders an No Corp-2- Corps.