Cost Analyst - New Unit Projects

Job Description SummaryAre you a detail-oriented professional with a passion for cost management and project optimization? We are seeking a skilled Project Cost Analyst to join our innovative team dedicated to driving the energy transition forward. In this role, you will play a crucial part in ensuring the financial success of our projects from inception to completion, contributing to sustainable growth and a greener future.Job DescriptionRoles and Responsibilities Develop and maintain project cost execution plans, cost curves, budgets, forecasts, and detailed weekly/monthly cost reports across assigned project scopes. Monitor actual and committed costs against budget and forecast; identify cost variances, determine root causes, assess cost-to-complete, and recommend appropriate mitigation actions. Partner with budget owners, Project Managers, and schedulers to align project schedules, cost curves, forecasts, and Bill of Quantity (BOQ) tracking. Maintain budget and forecast version control, ensuring approved changes, variation orders, and change orders are accurately reflected in project financials. Perform project risk and opportunity analysis, monitor cost risks and action plans, and conduct ad-hoc analysis to assess potential cost headwinds and overruns. Prepare cost information and analysis for project management reviews (PMRs) and communicate project cost performance, risks, and opportunities to key stakeholders. Coordinate cost estimates and financial analysis for change orders and claims, including tracking actual versus planned spend against approved changes. Support continuous improvement of cost-control processes, tools, reporting, and operating rhythms, while sharing lessons learned with Sales, ITO, IPM, and other stakeholders to improve future bids and project budgets. Required Qualifications Bachelor's degree in Engineering, Business, Finance, Accounting, Project Management, or a related discipline. Minimum of 3 years of experience in project co