Analyst - Cost

Energy Transfer; Houston (TX); On-site; USD 65,000 - 90,000; Full time

Job summary

Energy Transfer is seeking a Cost Analyst to perform financial planning, forecasting, cost analysis, and performance reporting for O&M expenses and capital projects in a fast-paced environment. The role supports workforce cost analysis and provides financial insight to leadership across divisions.

The candidate should have strong analytical skills, attention to detail, and the ability to communicate financial results and recommendations clearly to both financial and operational audiences.

Qualifications

• Bachelor’s degree or equivalent experience in a related field.
• 2+ years of analytical experience, preferably in energy or gas transmission.
• Experience in cost analysis, budgeting, forecasting, and financial reporting.
• Strong communication and interpersonal skills.

Responsibilities

• Budgeting and forecasting support for O&M and capital budgets.
• Analyze financial data and explain variances, trends, and risks.
• Provide clear reporting and recommendations to leadership.
• Collaborate with management on financial planning and spend optimization.

Skills

Analytical skills

Budgeting

Forecasting

Financial analysis

Cost analysis

Excel

SAP

TM1

Education

Bachelor’s degree in Business Administration, Accounting, Finance, Mathematics, Computer Science, Industrial Engineering, or related field

Bachelor’s degree or equivalent experience

Tools

SAP

TM1

Job description

Job Description - Analyst - Cost (2610004134)

Job Description

Analyst - Cost - ( 2610004134 )

Description

Cost Analyst

Position Summary

The Cost Analyst is responsible for financial planning, forecasting, cost analysis, and performance reporting for Operations & Maintenance (O&M) expenses and capital projects. The role also supports headcount and workforce cost analysis and provides financial insight into Division, Area, and Measurement leadership.

The successful candidate will work in a fast-paced, collaborative environment across multiple departments and organizational levels. The position requires strong analytical skills, sound judgment, attention to detail, and the ability to clearly communicate financial results, risks, trends, and recommendations.

Key Responsibilities

Budgeting and Forecasting

• Support Divisions and Departments in developing annual O&M work plans, budgets, and forecasts.
• Analyze historical and current financial data to support assumptions for workforce, materials, supplies, equipment, services, and other operating costs.
• Consolidate, review, and report Division and Department O&M and capital budget information to Area and Measurement leadership.
• Support Division Management in developing and maintaining budget guidelines, assumptions, and processes.
• Evaluate available resources, planned work, and financial constraints to support prioritization and budget planning.
• Prepare financial analyses and supporting documentation for management review and approval.

Financial Analysis and Reporting

• Review, monitor, and analyze actual financial results against O&M budgets, capital budgets, and forecasts.
• Identify and explain material cost variances, trends, risks, and emerging financial issues.
• Analyze financial and operational data to determine the drivers behind budget and forecast variances.
• Develop clear reporting and recommendations that help management understand performance and make informed business decisions.
• Monitor spending patterns and resource utilization and recommend corrective actions when appropriate.
• Identify significant deviations from established financial or administrative practices and communicate concerns to management.

Cost Control and Financial Operations

• Create and maintain purchase orders for materials and services in SAP.
• Work with vendors and internal stakeholders to maintain accurate account, pricing, and rate information.
• Review invoices for accuracy, contractual compliance, purchase order alignment, and appropriate financial coding.
• Provide appropriate invoice coding and route transactions for approval in SAP.
• Investigate and resolve financial discrepancies in coordination with vendors, managers, and other internal departments.
• Maintain accurate, timely financial records and supporting documentation.
• Work with Project Managers throughout the project life cycle

Business Partnership

• Partner with Division and Area management to provide financial insight and support operational planning.
• Communicate financial results and recommendations clearly to both financial and operational audiences.
• Participate in financial reviews, budget discussions, forecasting activities, and management presentations.
• Manage multiple priorities and deadlines while maintaining accuracy and appropriate follow-through.

Required Skills

Preferred Qualifications

• Bachelor’s degree in Business Administration, Accounting, Finance, Mathematics, Computer Science, Industrial Engineering, or a related field, or equivalent relevant experience.
• Two or more years of analytical experience, preferably within the energy or gas transmission industry.
• Experience in cost analysis, budgeting, forecasting, financial analysis, contract analysis, or related analytical work.
• Strong analytical, problem-solving, organizational, and follow-through skills.
• Excellent written and verbal communication skills.
• Strong interpersonal skills with the ability to work effectively with employees and management at multiple levels of the organization.
• Proficiency with Microsoft Office applications, particularly Excel.
• Working knowledge of SAP.
• Knowledge of TM1 or similar financial planning and reporting tools is preferred.

Additional Requirements

• Ability to manage multiple responsibilities with minimal supervision.
• Ability to work additional hours at short notice when business needs require.
• Some travel and overnight stays may be required.
• Position level may be determined based on the successful candidate's education, experience, and demonstrated skill set.

Required experience is commensurate with the selected job level:

• The Specialist/Analyst level requires a bachelor’s degree or equivalent experience and 2-5 years of relevant job-related experience
• The Senior Specialist/Analyst level requires a bachelor’s degree or equivalent experience and 5-8 years of relevant job-related experience
• The Lead Specialist/Analyst level requires a bachelor’s degree or equivalent experience and 8+ years of relevant job-related experience

Preferred Qualifications

• Bachelor’s degree in Business Administration, Accounting, Finance, Mathematics, Computer Science, Industrial Engineering, or a related field, or equivalent relevant experience.
• Two or more years of analytical experience, preferably within the energy or gas transmission industry.
• Experience in cost analysis, budgeting, forecasting, financial analysis, contract analysis, or related analytical work.
• Strong analytical, problem-solving, organizational, and follow-through skills.
• Excellent written and verbal communication skills.
• Strong interpersonal skills with the ability to work effectively with employees and management at multiple levels of the organization.
• Proficiency with Microsoft Office applications, particularly Excel.
• Working knowledge of SAP.
• Knowledge of TM1 or similar financial planning and reporting tools is preferred.

Additional Requirements

• Ability to manage multiple responsibilities with minimal supervision.
• Ability to work additional hours at short notice when business needs require.
• Some travel and overnight stays may be required.
• Position level may be determined based on the successful candidate's education, experience, and demonstrated skill set.

Required experience is commensurate with the selected job level:

• The Specialist/Analyst level requires a bachelor’s degree or equivalent experience and 2-5 years of relevant job-related experience
• The Senior Specialist/Analyst level requires a bachelor’s degree or equivalent experience and 5-8 years of relevant job-related experience
• The Lead Specialist/Analyst level requires a bachelor’s degree or equivalent experience and 8+ years of relevant job-related experience

Equal Opportunity Employer/Minority/Female/Disabled/Veteran

The nature and frequency of the above working conditions and requirements may vary depending on individual operational circumstances. Where feasible, the Partnership will make reasonable accommodations to qualified individuals with disabilities to enable them to perform the essential functions of the job.DISCLAIMER: The above statements, which are subject to change, are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified.

Primary Location

Primary Location

United States-TX-HOUSTON

Work Locations

Houston TX 1300 Main (100000189) 1300 Main Street Houston 77002

Job

Measurement & Communication

Organization

Schedule

Regular

Full-time

Travel

Yes, 10 % of the Time

Job Posting

Energy Transfer is an equal opportunity employer and does not discriminate against qualified applicants on the basis of any actual or perceived legally protected characteristics under federal, state, or local law. To view a notice describing federal equal opportunity laws . click here

If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application process, please contact the EEO Coordinator at 713-989-2247. This number is for reasonable accommodation requests only.