Strategic Turnaround Cost Controller

Wood; Deer Park (TX); On-site; USD 110,000 - 150,000; Full time

Job summary

Wood is seeking an experienced Turnaround Cost Controller to support refinery and petrochemical TAR events at our Deer Park, Texas location. This role will plan, track, forecast, and report all turnaround costs across labor, materials, equipment, and contractor services, ensuring accurate forecasting, reporting, compliance, and financial closeout.

The incumbent partners with Turnaround Management, Project Controls, Procurement, Finance, Maintenance, and Contractors to deliver timely cost

Qualifications

• Bachelor's degree in Business, Finance, Accounting, Engineering, Construction Management, Project Controls, or related; equivalent industry experience will be considered.
• Minimum 5 years of experience in turnaround cost control, shutdown cost control, project controls, or project cost management in refining, petrochemical, chemical, oil & gas, or industrial environments.
• Demonstrated experience supporting refinery or petrochemical turnaround (TAR) events.
• Strong knowledge of budgeting, forecasting, cost tracking, accruals, variance analysis, and financial reporting.
• Experience managing contractor, labor, material, and procurement costs during maintenance shutdowns or capital projects.

Responsibilities

• Develop, maintain, and monitor turnaround budgets, forecasts, and cost reports throughout all phases of the turnaround lifecycle.
• Track and manage planned, committed, actual, and forecasted costs for labor, materials, equipment, and contractor services.
• Support development of turnaround cost estimates and assist in identifying cost-saving opportunities.
• Review and maintain Work Breakdown Structures (WBS) and cost coding structures to ensure accurate cost allocation and reporting.
• Monitor purchase order creation, commitments, and expenditures against approved turnaround budgets.
• Coordinate with Procurement, Finance, Contractors, and Turnaround Teams to ensure timely and accurate capture of costs.
• Monitor real-time spending and identify cost variances, trends, and potential risks; communicate issues and recommend corrective actions.
• Prepare and distribute timely cost performance reports, forecasts, and financial updates for turnaround stakeholders.
• Support change management processes by evaluating cost impacts associated with scope changes and additional work.
• Work closely with planning and turnaround teams to ensure forecasts accurately reflect schedule progress and project execution status.
• Validate contractor progress and work completion prior to invoice approval and processing.
• Track contractor invoices and facilitate invoice submission to ensure timely cost recognition and spend absorption.
• Support monthly accrual processes and collaborate with site Finance to ensure accurate financial reporting and period close activities.
• Perform variance analysis and provide insight into budget performance, contingency utilization, and forecast accuracy.
• Participate in turnaround status meetings and present cost performance updates to management and stakeholders.
• Maintain complete and accurate documentation in accordance with Wood and client requirements.
• Support internal and external audits by ensuring proper financial records and supporting documentation are maintained.
• Facilitate turnaround cost closeout activities, including final reporting and reconciliation of expenditures.
• Conduct post-turnaround cost reviews and contribute lessons learned to improve future turnaround planning and execution.
• Promote continuous improvement initiatives and best practices within cost control and project controls processes.
• Ensure compliance with Wood policies, procedures, client requirements, and applicable financial controls.

Skills

Turnaround cost control

Cost forecasting

Budgeting

Financial reporting

Contractor cost management

Education

Bachelor's degree in Business, Finance, Accounting, Engineering, Construction Management, Project Controls, or related

Tools

SAP

Excel

Power BI

Job description

Wood is seeking an experienced Turnaround Cost Controller to support refinery and petrochemical TAR events at our Deer Park, Texas location. This role will plan, track, forecast, and report all turnaround costs across labor, materials, equipment, and contractor services, ensuring accurate forecasting, reporting, compliance, and financial closeout.

The incumbent partners with Turnaround Management, Project Controls, Procurement, Finance, Maintenance, and Contractors to deliver timely cost