Analyst, Cost

LyondellBasell North America•Channelview, TX

5d•Hybrid

About The Position

This role provides cost tracking, analysis and control support to the Regional Capital Projects group. The regional locations are the following LyondellBasell manufacturing sites: Bayport, Channelview, La Porte and Pipeline operations. This position in the regional project controls organization will provide cost management support to capital projects. Typical capital portfolio includes concurrent support of 25-45 projects at multiple sites for individual projects (most less than $10MM).

Requirements

Typically 7+ years of Cost Analyst/Controls experience, preferably in relation to petrochemical or refining industry projects.
Exceptional analytical and problem solving skills to effectively evaluate project financial health and provides recommendations for success
Collaborative team player with strong interpersonal skills and the aptitude to work cross functionally
Ability to work under minimal supervision and effectively manage multiple/changing priorities within strict timelines
Excellent oral and written communication skills
Strong Knowledge of standardized cost guidelines (Engineering & Construction) and capital and expense policy and procedure. Mentors less experienced team members on these documents.
Strong computer skills including SAP, Microsoft Office Products, Ariba, and/or Concur
Comprehensive knowledge regarding project control concepts including estimating, risk management, and scheduling.

Nice To Haves

A bachelor’s degree in accounting, business or something similar
Power BI dashboard development or programming experience is a plus.

Responsibilities

Active participation in the overall cost control process through the life cycle of the project.
Ensures proper progress tracking and change management systems are in place and effectively functioning in detailed engineering and construction phases of projects.
Provides proper variance explanation and root causes analysis of changes and maintains a trend log.
Maps estimate to WBS structure for control/tracking or project costs.
Prepares accurate forecast of total installed cost (TIC) for monthly forecasting and accrual reporting for assigned project managers and promotes a process for quality assurance process and timeliness for the site.
Performs audits of invoices to ensure compliance with contractual obligations. Works directly with contractors/vendors and LYB Accounts Payable to resolve invoice issues. Expert knowledge of SAP financial posting transactions. Monitors and resolves backlog of invoices.
Reviews contractor estimates and change orders for completeness and agreement with the project’s physical scope and schedule progress. Knowledge of project schedule functionality, interpretation of reports, and key terminology to support project forecasting.
Review the Project Controls Plan in the Project Execution Plan (PEP) to ensure alignment with scope and contracting strategy.
Creates/modifies SAP purchase requisitions based on appropriate Procurement Strategy and alignment with TIC Estimate accounts.
Facilitates project closures by resolving GR-IR imbalances, and closing out project PO’s, Work Orders, and WBS elements. Monitors quantity and timeliness of project closure for the site. Participates in Lessons Learned for the Project.
Monitor performance against target for Labor Recovery including yearly resource budgeting and project activity allocations.
Provides data for benchmarking and KPI reporting as needed. Knowledgeable in IPA reporting and terminology for accurate data collection.
Attend and develop presentations for face to face meetings at the regional site locations.
Assists with program standardization and enhancements and trains team members as applicable.
Works with Capital Projects Manager reconciling the annual Long-Range Plan to ensure alignment with current funding, master data, and project schedule in the corporate database.

Benefits

Competitive total compensation package
Equitable and market-competitive base pay
Locally relevant incentives
Pay-for-performance culture
Workplace Flexibility: The Company’s Global Remote Work Policy allows eligible employees to request to work remotely up to two full days per standard work week at an approved location other than the designated worksite or office, such as at a home office with managerial approval.
Comprehensive Health, Welfare, Life and Retirement Programs
6% LYB match on 401(k) contribution
5% LYB cash balance pension plan accrual
Comprehensive Well-being Benefits: Programs to support your physical, mental, financial, and social health, ensuring you receive the care you need, when you need it.
Employee Stock Purchase Plan: The LYB ESPP offers a 10% discount on LYB stock for eligible employees in Germany, Italy, Netherlands, Spain, and US.
Educational Assistance Program: To encourage self-development by providing financial aid for approved educational activities voluntarily undertaken by employees.
Bravo Rewards Program: Recognizing outstanding employee contributions.
Robust Medical and Life Insurance Packages: Offering a variety of coverage options to meet individual needs.
Professional Development: Opportunities to learn and grow through training, mentoring, work experiences, community involvement, and team building activities.
Competitive Vacation Policies: Generous annual leave to support your work-life balance.
Global Adoption Policy: Support for employees expanding their families.
Matching Gifts Program: Enhance the impact of your charitable contributions to qualified organizations.