Turnaround Cost Analyst
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INNOVATIVE TURNAROUND CONTROLS LTD
TX
Summary
The Turnaround Cost Analyst supports project teams by managing vendor quotes, purchase orders, and daily labor and material cost tracking throughout the turnaround lifecycle. They are responsible for performing weekly reconciliations, validating invoices, and monitoring project burn rates against forecasts.
Job Description
Job Details: Level: Experienced, Job Location: Mont Belvieu, TX - , TX, Position Type: Contractor, Salary Range: $45.00 - $54.00Hourly, Job Shift: Day, Job Category: Accounting, The Turnaround Cost Analyst will support turnaround cost supervision, cost coordinators, cost analysts, project managers, and turnaround field coordinators in matters related to TAR cost during and outside of active turnarounds. The Cost Analyst is expected to have a general understanding of incurred cost and general ledger accounting, be able to present confidently in meetings, possess basic Microsoft skills, and maintain positive working relationships with coworkers and vendors.
Planning Phase
Vendor quote review and validation
Update and maintain PO log
Setup vendors in ATOM
Issue requisitions
Verify master service agreements
Request and validate staffing plans
Execution Phase
Compile Daily Force Reporting
Maintain accurate employee rosters and badge numbers in ATOM
Collect and validate per diem documentation and maintain per diem log
Track daily labor and per diem costs
Track daily equipment costs
Track daily material and shopwork costs
Perform weekly reconciliations with vendors
Monitor incurred costs vs. PO value and advise as needed
Enter PO change order requisitions
Monitor burn rates to support forecast
Question lead planner of any delta between estimate breakdown and vendor reporting
Participate in pre-forecast PM meeting
Validate and approve invoices
Validate ATOM data vs. Oracle data
Post-Turnaround Phase
Continue any processes outlined above for vendors performing work during post-TAR phase
Confirm final costs with vendors
Close purchase orders
Ongoing Efforts
Develop and document process improvements
Act as the point of contact for assigned vendors
Assist coworkers as needed
Participate in daily/weekly cost meetings
Develop familiarity with turnaround cost tool
Assist with ad hoc requests
Qualifications:
High school diploma or GED required; college coursework or degree preferred.
Minimum of 5 years’ experience in administrative, cost tracking, or project controls roles within oil & gas, petrochemical, or turnaround environments.
Strong understanding of turnaround lifecycle and cost control principles.
Experience with ATOM, Toadfly, IPS, and Oracle E-Business Suite (financial module preferred).
Proficiency in Microsoft Excel and Outlook.
Ability to work independently and collaboratively in a fast-paced, evolving environment.
Strong interpersonal skills to build effective relationships with internal teams and external contractors.
Innovative Turnaround Controls was born out of the growing need for Project Controls in the petroleum, chemical, and power industries. With the ever growing need for qualified controls people experienced in Shutdowns, Turnarounds, Outages, and Capital Projects. We are a company of Project Controls Specialists for the sole purpose of supporting client needs in the field of controls.
Historically we have seen a growing trend towards stronger controls while balanced against the cost of achieving accurate up to date information. Planning, estimating, scheduling along with coordinating contractors and contracts can be achieved to benefit your bottom line.
Founded
2004
Company size
201-500 employees
Industry
Construction
Org type
Privately Held
Headquarters
Houston, Texas
Innovative Turnaround Controls was born out of the growing need for Project Controls in the petroleum, chemical, and power industries. With the ever growing need for qualified controls people experienced in Shutdowns, Turnarounds, Outages, and Capital Projects. We are a company of Project Controls Specialists for the sole purpose of supporting client needs in the field of controls.
Historically we have seen a growing trend towards stronger controls while balanced against the cost of achieving accurate up to date information. Planning, estimating, scheduling along with coordinating contractors and contracts can be achieved to benefit your bottom line.
Founded
2004
Company size
201-500 employees
Industry
Construction
Org type
Privately Held
Headquarters
Houston, Texas