Rider Hunt International

  • Cost Analyst

    Job Locations CA-AB-Calgary
    Posted Date 2 months ago(12/7/2018 12:38 PM)
    # of Openings
    Cost Control
  • Overview

    RHi is currently seeking a Cost Analyst for our client, a major oil & gas operator, for a 6 month, site-based contract position. The Cost Analyst (CA) is accountable for providing cost control, analysis and management for the plant Shutdown at the organization’s facility. The position reports functionally to the Project Services Manager and is assigned to work within the Shutdown Management Team (SMT) at site. All duties will be performed in accordance with HSE policies. The CA will utilize their expert knowledge of cost control functions related to the monitoring, tracking and forecasting Shutdown costs and budgets. The functions include analyzing and verifying the various contractors’ cost reports against actual LEMS and baseline budgets, cash flows, manpower plans, histograms, and various quantity and progress curves. The CA will provide reporting to SMT of committed, incurred, invoiced and forecast cost evaluations. The successful candidate will have working knowledge in all phases of major plant Shutdowns, from conception to completion. In addition to the organization, this position will work closely with other entities such as contractors, suppliers, vendors and subcontractors. Within these organizations, this position interacts and coordinates between multiple stakeholders, including but not limited to Operations, Maintenance, Asset Integrity, Finance, Engineering, Construction Management, Project Management, Project Controls, Contracts Administration, Procurement, Expediting, Transportation, and Logistics. The successful candidate will be a subject matter expert in using SAP for cost management and must have a proven track record of working on all phases of large scale, complex Oil & Gas facility shutdowns.


    • Monitor, update, control and forecast committed, incurred and invoiced costs.
    • Track actual costs in SAP.
    • Update and submit daily incurred cost reports.
    • Prepare reconciliations, weekly and monthly reports, trends, forecast at completion estimates, variance analysis, manpower profiles, cash flows and project completion reports.
    • Review and evaluate contractors’ estimates and change requests and participate in change management and risk management reviews.
    • Review contractor progress reports, manpower plans, and installed quantities/completed activities to ensure alignment with incurred and forecast cost analysis.
    • Assist the Shutdown team in forecasting spend for accrual purposes.
    • Validate and release all invoices related to site activities in a timely and efficient manner.
    • Assist Finance in the creation and processing of journal entries.
    • Work closely with cost estimating, planning/scheduling, risk management and functional leaders to develop integrated cost reports.
    • Provide cost input to Shutdown benchmarking and provide related metrics such as rates of progress and manpower densities.
    • Maintain document trail to facilitate internal audits of internal control systems.
    • Prepare cost management sections of Shutdown documents and support the cost analysis of contractor bids.
    • Support the Shutdown close-out process, as required.


    • Degree or Technical Certificate, or equivalent work experience.
    • Strong hands-on experience with Owner/Operator accounting practices and principles.
    • Minimum 7 years oil and gas industry experience in a Cost Control/Cost analyst role.
    • Minimum 5 years of site-based cost management experience.
    • Minimum 3 years of site-based Shutdown cost management experience.
    • Proficient in the use of SAP and MS Office suite.
    • Legally authorized to work in Canada on a regular full-time basis without restrictions.
    • Ability to work in a fast-paced team environment and meet tight deadlines.
    • Strong technical, interpersonal and team working skills.
    • Demonstrated analytical skills.
    • High level of accuracy and attention to detail.
    • Able to handle multiple tasks and efficiently prioritize work to meet deadlines.


    Please note that this role is camp-based. The work schedule will be 10 days on – 12 hours per day / 4 days off, between January and March 2019. The work schedule will be 16 days on – 12 hours per day / 12 days off between April and June 2019. Due to the criticality of the Shutdown execution, other shift plans might be implemented to ensure proper support is provided.


    Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
    Share on your newsfeed