What are the responsibilities and job description for the Turnaround Cost Analyst position at INNOVATIVE TURNAROUND CONTROLS LTD?
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
- 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.
Salary : $45 - $54