Project Cost Controller & Forecasting Analyst

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

Job summary

Recru Cost Analyst in Houston, TX monitors and controls project spending, develops forecasts, and ensures compliance with GAAP and regulatory requirements to support project success. Works closely with project managers and leadership to identify cost variances and recommend mitigation measures to keep projects on track.

Responsibilities include creating and updating forecast reports, reviewing invoices and change orders, and developing ad-hoc cost analyses and reports for KPIs.

Qualifications

• Bachelor's degree in Accounting, Finance, Business Management, Engineering, or applicable experience.
• Strong aptitude in financial and cost areas related to project cost controls and a solid understanding of generally accepted accounting principles.
• Understanding and ability to ensure compliance with Sarbanes-Oxley internal controls.
• Outstanding analytical skills and strong attention to detail for producing an accurate work product.
• Highly competent with Microsoft Excel.
• Demonstrated ability to anticipate and balance needs of multiple stakeholders while managing multiple projects with competing deadlines.
• Independent worker with good organization skills.
• Exceptional communication skills, including ability to create and maintain productive relationships with teammates and internal customers.
• Experience working with project managers in cost control, forecasting, accruals, and report creation.
• Familiarity with Lawson or other ERP system to assist in data analysis.
• Occasional overtime required to meet critical deadlines and handle special project assignments.

Responsibilities

• Collaborate with project managers to track and monitor project spending
• Create and update forecast cost reports, including monthly, current, and future year spend, and update cost reporting tools such as KMBF, QBR, and MPR
• Identify mitigation measures for supplemental funding requests; review invoices and change orders; communicate with vendors to resolve outstanding issues
• Identify cost overruns; monitor contingency and project completion dates; submit completion reports
• Review project costs for compliance with regulatory and company guidelines, ensuring proper GAAP and FERC classification
• Report and analyze significant cost variances, trends, and irregularities, documenting primary drivers
• Calculate and research accurate project accruals; maintain documentation
• Write AFE/PRN and monitor the review and approval process
• Develop ancillary and ad-hoc reports for OSG KPI and data requests; support cost review meetings
• Participate in management-led budget and forecast meetings
• Participate in occasional special projects, including on-site support

Skills

Excel

GAAP knowledge

Cost controls

Forecasting

Variance analysis

Project cost tracking

Stakeholder management

SOX compliance

Lawson ERP

Attention to detail

Education

Bachelor's degree in Accounting or Finance

Tools

Lawson ERP

Job description

Recru Cost Analyst in Houston, TX monitors and controls project spending, develops forecasts, and ensures compliance with GAAP and regulatory requirements to support project success. Works closely with project managers and leadership to identify cost variances and recommend mitigation measures to keep projects on track.

Responsibilities include creating and updating forecast reports, reviewing invoices and change orders, and developing ad-hoc cost analyses and reports for KPIs.