Analyst, Cost

LyondellBasell; Channelview (TX); Hybrid; USD 90,000 - 120,000; Full time

Benefits offered by this job

Remote work option

Health benefits

401(k) match

Pension plan

Educational assistance

Employee stock purchase plan

Well-being programs

Job summary

LyondellBasell is seeking a seasoned Cost Analyst/Controls professional to support the Regional Capital Projects group. You will drive cost tracking, forecasting TIC, and change management across Bayport, Channelview, La Porte, and Pipeline operations.

You bring 7+ years in petrochemical project cost control, strong analytical skills, and proficiency with SAP, Ariba, Concur and MS Office. Power BI is a plus.

Qualifications

• 7+ years of Cost Analyst/Controls experience in petrochemical or refining projects
• Strong analytical and problem solving skills to evaluate project financial health
• Excellent communication and cross-functional collaboration
• Proficiency with SAP, Ariba, Concur and MS Office

Responsibilities

• Active participation in the cost control process through the life cycle of the project.
• Ensures proper progress tracking and change management systems are in place and effectively functioning in detailed engineering and construction phases of projects.
• Provides proper variance explanation and root causes analysis of changes and maintains a trend log.
• Maps estimate to WBS structure for control/tracking or project costs.
• Prepares accurate forecast of total installed cost (TIC) for monthly forecasting and accrual reporting for assigned project managers and promotes a process for quality assurance and timeliness for the site.
• Performs audits of invoices to ensure compliance with contractual obligations. Works directly with contractors/vendors and LYB Accounts Payable to resolve invoice issues.
• Reviews contractor estimates and change orders for completeness and agreement with the project’s physical scope and schedule progress.
• Review the Project Controls Plan in the Project Execution Plan (PEP) to ensure alignment with scope and contracting strategy.
• Creates/modifies SAP purchase requisitions based on appropriate Procurement Strategy and alignment with TIC Estimate accounts.
• Facilitates project closures by resolving GR-IR imbalances, and closing out project PO’s, Work Orders, and WBS elements.
• Monitors KPI reporting and data collection; IPA terminology familiarity.
• Attend and develop presentations for face to face meetings at the regional site locations.
• Assists with program standardization and enhancements and trains team members as applicable.
• Works with Capital Projects Manager reconciling the annual Long-Range Plan to ensure alignment with current funding, master data, and project schedule.

Skills

Cost analysis

Financial forecasting

Variance analysis

Analytical thinking

Communication skills

Team collaboration

Budgeting

Problem solving

Education

Bachelor's degree in accounting, business or related field

Tools

SAP

Ariba

Concur

Microsoft Office

Job description

Come Join an Inclusive Team

LyondellBasell is a leader in the global chemical industry creating solutions for everyday sustainable living. With a nearly 70-year legacy that includes a Nobel Prize in Chemistry and our proprietary MoReTec recycling technology, LYB is enabling a more sustainable future for generations to come. LYB develops high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare. LYB places high priority on diversity, equity and inclusion and is Advancing Good with an emphasis on our planet, the communities where we operate and our future workforce. We're addressing the global challenges of ending plastic waste, taking climate action, and supporting a thriving society, while generating value for our customers, investors, and society.

This role provides cost tracking, analysis and control support to the Regional Capital Projects group. The regional locations are the following LyondellBasell manufacturing sites: Bayport, Channelview, La Porte and Pipeline operations.

A Day in the Life

Responsibilities

• Active participation in the overall cost control process through the life cycle of the project.
• Ensures proper progress tracking and change management systems are in place and effectively functioning in detailed engineering and construction phases of projects.
• Provides proper variance explanation and root causes analysis of changes and maintains a trend log.
• Maps estimate to WBS structure for control/tracking or project costs.
• Prepares accurate forecast of total installed cost (TIC) for monthly forecasting and accrual reporting for assigned project managers and promotes a process for quality assurance process and timeliness for the site.
• Performs audits of invoices to ensure compliance with contractual obligations. Works directly with contractors/vendors and LYB Accounts Payable to resolve invoice issues. Expert knowledge of SAP financial posting transactions. Monitors and resolves backlog of invoices.
• Reviews contractor estimates and change orders for completeness and agreement with the project’s physical scope and schedule progress. Knowledge of project schedule functionality, interpretation of reports, and key terminology to support project forecasting.
• Review the Project Controls Plan in the Project Execution Plan (PEP) to ensure alignment with scope and contracting strategy.
• Creates/modifies SAP purchase requisitions based on appropriate Procurement Strategy and alignment with TIC Estimate accounts.
• Facilitates project closures by resolving GR-IR imbalances, and closing out project PO’s, Work Orders, and WBS elements. Monitors quantity and timeliness of project closure for the site. Participates in Lessons Learned for the Project.
• Monitor performance against target for Labor Recovery including yearly resource budgeting and project activity allocations.
• Provides data for benchmarking and KPI reporting as needed. Knowledgeable in IPA reporting and terminology for accurate data collection.
• Attend and develop presentations for face to face meetings at the regional site locations.
• Assists with program standardization and enhancements and trains team members as applicable.
• Works with Capital Projects Manager reconciling the annual Long-Range Plan to ensure alignment with current funding, master data, and project schedule in the corporate database

You Bring This Value

• Typically 7+ years of Cost Analyst/Controls experience, preferably in relation to petrochemical or refining industry projects.
• Exceptional analytical and problem solving skills to effectively evaluate project financial health and provides recommendations for success
• Collaborative team player with strong interpersonal skills and the aptitude to work cross functionally
• Ability to work under minimal supervision and effectively manage multiple/changing priorities within strict timelines
• Excellent oral and written communication skills
• Strong Knowledge of standardized cost guidelines (Engineering & Construction) and capital and expense policy and procedure. Mentors less experienced team members on these documents.
• Strong computer skills including SAP, Microsoft Office Products, Ariba, and/or Concur
• Comprehensive knowledge regarding project control concepts including estimating, risk management, and scheduling.

Preferred Qualifications

• A bachelor’s degree in accounting, business or something similar
• Power BI dashboard development or programming experience is a plus.

What We Offer

LyondellBasell is proud to provide a competitive total compensation package designed to reward excellence and support the well-being of our employees. Our Total Rewards package includes equitable and market-competitive base pay as well as locally relevant incentives, fostering a culture of pay-for-performance that recognizes both individual and company achievements.

• Workplace Flexibility: The Company’s Global Remote Work Policy allows eligible employees to request to work remotely up to two full days per standard work week at an approved location other than the designated worksite or office, such as at a home office with managerial approval.
• Comprehensive Health, Welfare, Life and Retirement Programs: Our comprehensive programs are aligned with local practices.
• 6% LYB match on 401(k) contribution
• 5% LYB cash balance pension plan accrual
• Comprehensive Well‑being Benefits: Programs to support your physical, mental, financial, and social health, ensuring you receive the care you need, when you need it.
• Employee Stock Purchase Plan: The LYB ESPP offers a 10% discount on LYB stock for eligible employees in Germany, Italy, Netherlands, Spain, and US.
• Educational Assistance Program: To encourage self‑development by providing financial aid for approved educational activities voluntarily undertaken by employees.
• Bravo Rewards Program: Recognizing outstanding employee contributions.
• Robust Medical and Life Insurance Packages: Offering a variety of coverage options to meet individual needs.
• Professional Development: Opportunities to learn and grow through training, mentoring, work experiences, community involvement, and team building activities.
• Competitive Vacation Policies: Generous annual leave to support your work‑life balance.
• Global Adoption Policy: Support for employees expanding their families.
• Matching Gifts Program: Enhance the impact of your charitable contributions to qualified organizations.
• Eligibility for certain benefits and rewards programs will vary based on your job status, work location and/or the terms of any applicable collective bargaining agreement and may be changed from time to time without notice, subject to applicable law.

Competencies

• Drive Innovation
• Technical Skills
• Grow Capabilities
• Promote Inclusion
• Motivational Fit
• Build Partnerships
• Deliver Results

Learn more about our benefits : Benefits/Health & Welfare | LyondellBasell

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LyondellBasell is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex (including pregnancy), sexual orientation, gender identity, national origin, disability, age, veteran status, and other legally protected characteristics. The US EEO is the Law poster is available here .

LYB is committed to providing reasonable accommodations for qualified individuals with disabilities. If you need assistance or an accommodation related to LYB’s recruiting process, please email us at [e-mail].

Applicants must be at least 18 years old.

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