CAPEX Project Cost Control Leader

G-3 Chickadee; Houston (TX); On-site; USD 120,000 - 180,000; Full time

Job summary

G-3 Chickadee in Houston, TX seeks a CAPEX Project Cost Control Lead to standardize our enterprise-wide cost control framework across Houston, Beaumont, and Akron. You will assess current practices, define requirements, and develop tools, controls, and reporting for capital project financial management, including SAP S4/Hana reporting.

You will lead cost tracking, forecasting, accruals, variance analysis, and closeout, coaching project managers to improve financial visibility and discipline

Qualifications

• Bachelor's degree in Finance, Accounting, Business, or a related discipline.
• Minimum of 10 years of experience in project controls, project cost management, capital project finance, cost analysis, or related disciplines.
• Experience supporting capital projects in chemical, petrochemical, manufacturing, refining, or similar industrial environments.
• Demonstrated experience with project budgeting, forecasting, accruals, commitments, variance analysis, and project financial closeout.
• Experience developing or improving project cost-control processes, tools, and reporting, preferably across multiple sites or business units.
• Experience working with Project Management, Finance, Procurement, Accounts Payable, and other cross-functional stakeholders.
• Experience with SAP, Oracle, or comparable ERP/financial systems.

Responsibilities

• Assess current project cost and financial management practices and identify gaps, risks, and improvement opportunities.
• Develop and maintain a standardized enterprise Project Cost Control process, including procedures, tools, reporting requirements, and controls appropriate to project size and complexity.
• Establish consistent requirements for project budgets, commitments, actuals, accruals, forecasts, cash flow, funding changes, and project closeout.
• Continuously evaluate and improve processes to support business needs, financial controls, and effective project execution.
• Lead project cost tracking and the monthly forecasting process across the capital portfolio, including actuals, commitments, accruals, and estimates at completion.
• Analyze project financial performance, identify cost trends and variances, and provide forward-looking analysis to help Project Managers proactively address potential issues.
• Evaluate the impact of project schedule, scope, and execution changes on cost and forecast.
• Develop standardized project and portfolio reporting, KPIs, and dashboards that provide management with clear visibility into financial performance, funding, forecast accuracy, and emerging risks.
• Support capital planning, supplemental funding, budgeting, Change Orders, and other financial analysis as required.
• Serve as a key interface between Capital Projects and Finance to ensure project financial processes and reporting meet corporate requirements.
• Coordinate project accruals, funding information, financial reconciliations, and monthly, quarterly, and annual reporting requirements.
• Maintain accurate project financial information within applicable ERP, approval, SharePoint, and project reporting systems.
• Work with Project Managers, Finance, Procurement, Accounts Payable, and vendors to resolve invoice, commitment, funding, and cost-allocation issues.
• Lead the financial closeout process to ensure projects are closed timely and in accordance with company requirements for capitalization and depreciation.
• Serve as the enterprise subject matter expert for Project Cost Control and provide functional leadership to Project Managers across all sites.
• Develop and deliver training on cost-control processes, tools, forecasting, reporting, and financial expectations.
• Review project financial performance with Project Managers, challenge assumptions and forecasts when appropriate, and support the development of corrective actions.
• Monitor adherence to established Project Cost Control requirements and promote consistent application across the enterprise.

Skills

Cost Control

Forecasting

Variance Analysis

Financial Reporting

Excel Proficiency

Stakeholder Management

SAP/ERP

Education

Bachelor's degree in Finance/Accounting/Business

Tools

SAP

Oracle

Job description

G-3 Chickadee in Houston, TX seeks a CAPEX Project Cost Control Lead to standardize our enterprise-wide cost control framework across Houston, Beaumont, and Akron. You will assess current practices, define requirements, and develop tools, controls, and reporting for capital project financial management, including SAP S4/Hana reporting.

You will lead cost tracking, forecasting, accruals, variance analysis, and closeout, coaching project managers to improve financial visibility and discipline