Sr. Analyst, Cost

NextDecade; Houston (TX); On-site; USD 110,000 - 180,000; Full time

Job summary

NextDecade in Houston is seeking a Cost Analyst to support cost management of EPC projects related to LNG facilities. The typical project cost range is from $100 million to over $10 billion, and the role covers estimating, budgeting, tracking, forecasting, and reporting.

You will develop budgets, manage costs, perform variance analysis, and prepare monthly cost reports. Strong Excel, ERP (SAP/Oracle), and analytics skills are required; PowerBi is a plus.

Qualifications

• Bachelor’s degree in a related field with 10+ years of cost management experience on major Oil & Gas, Power, or LNG projects.
• Strong knowledge of construction methods, cost control, change management, earned value, forecasting, budgeting, and project controls.
• Ability to lead budgets, cost reporting, cash flow forecasting, progress measurement, and performance analysis.
• Administer cost control systems including cost coding, tracking commitments/actuals, and reviewing contractor invoices.
• Advanced proficiency in MS Excel, with strong analytical, organizational, communication, and time management skills.
• ERP systems knowledge such as SAP or Oracle.

Responsibilities

• Convert estimates into control budgets.
• Develop and manage detailed project budgets.
• Evaluate scope changes and change orders.
• Prepare monthly cost reports and analyze performance metrics.
• Administer cost codes and track commitments, actuals, and accruals.
• Generate reports including earned value and cash flow.
• Reforecast project costs using trend analysis.
• Identify adverse cost and performance trends and recommend actions.
• Review vendor and contractor invoices.
• Support EPC estimates development.
• Perform contingency analysis based on risk registers.
• Develop project cash flow for cash calls.
• Prepare formal cost management reports.

Skills

Advanced MS Excel

Cost estimation

Budget development

Forecasting

Performance analysis

Data analysis

Project controls

Communication

Education

Bachelor’s degree in Construction Management, Engineering, Accounting, Business Management, Finance, or related field

Tools

SAP

Oracle

PowerBi

Job description

It's fun to work in a company where people truly BELIEVE in what they're doing! We're committed to bringing passion and customer focus to the business.

Summary Of The Role

This is a Cost Analyst position to support cost management of EPC Projects related to LNG Facilities. The typical cost range of these projects is from $100 million to over $10 billion. The purpose of this role is to support the development, implementation, and operation of a comprehensive cost management system. This includes cost estimating, budget development, cost tracking and control, cost forecasting, performance measurement and reporting.

Key Responsibilities

• Convert estimates into control budgets.
• Develop and manage detailed project budgets
• Evaluate scope changes and change orders.
• Prepare monthly cost reports and analyze project performance metrics.
• Administer cost codes and track project commitments, actuals, and accruals.
• Generate reports and performance indicators including earned value, cash flow, resource histograms, and lifecycle cost performance analysis.
• Reforecast project costs utilizing performance factors, trend analysis, and sound judgment.
• Identify adverse cost and performance trends and recommend corrective actions.
• Review and analyze vendor and contractor monthly invoices.
• Support the development of Class 4 and 5 EPC estimates.
• Perform Contingency analysis based on project Risk Registers and trends.
• Support bid evaluations.
• Develop project cash flow for cash calls.
• Prepare formal presentations and reports related to cost management activities.

Education, Skills, Experience, & Competencies

Basic Requirements

• Bachelor’s degree in Construction Management, Engineering, Accounting, Business Management, Finance, or related field, with 10+ years of cost management and controls experience on major Oil & Gas, Power, or LNG projects.
• Strong knowledge of construction methods, cost control, change management, earned value, forecasting, budgeting, and project controls throughout the full project lifecycle.
• Can lead development and management of project budgets, cost reporting, cash flow forecasting, progress measurement, performance analysis, contingency evaluations, and reforecasting activities.
• Administer cost control systems including cost coding, tracking commitments and actuals, evaluating change orders, reviewing contractor invoices, supporting bid evaluations, and identifying adverse cost trends.
• Advanced proficiency in MS Excel, spreadsheets, charts, and presentations, with strong analytical, organizational, communication, and time management skills.
• Ability to work independently, prioritize workload, exercise sound judgment, and handle sensitive and confidential information with professionalism.
• Working knowledge of ERP systems such as SAP or Oracle

Preferred Requirements

• Working knowledge of PowerBi.

Travel Requirements

• 10% travel may be required

Work Environment

This position operates in a professional office environment with occasional work within or outside of a complex construction environment. This role routinely uses standard office equipment such as computers, phones, photocopiers/fax, filing cabinets, etc. This is primarily a sedentary role; however, the incumbent must be able to stand and/or sit continuously to perform all essential job functions for a full shift.

Able to meet the following physical demands of the job, with or without reasonable accommodations

• Ability to lift up to 20 lbs. as required in order to lift files, boxes and office equipment as necessary.
• Ability to lift files, open filing cabinets and bending, standing on a stool, or climbing as necessary to perform these functions.
• While performing the duties of this role, the incumbent may be required to talk or hear.
• The incumbent is required to stand, walk, use hands to handle or feel; and reach with hands and arms.
• Ability to move throughout all areas of each office/site location and facilities.
• Able to wear all necessary PPE equipment to perform job functions.
• In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification document form upon hire.

NEXTDECADE VALUES

• Safety – We make safety a priority. Everything we do relies on the safety of our people and the communities around us.
• Integrity – We do the right thing, and are open, ethical, and fair. We hold ourselves to the highest standards in all that we do.
• Honesty – We value truth and honesty in ourselves and others. We honor our commitments and take responsibility for our actions.
• Respect – We listen, and respect people, the environment, and the communities in which we live and work.
• Transparency – Transparency builds trust. We promote open communication with our people, our customers, and all our stakeholders.
• Diversity – We value diversity of people and thought. It takes people with different strengths, ideas, and cultural backgrounds to make our company succeed.

NextDecade provides equal employment opportunities (EEO) to all applicants without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. NextDecade complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.