Cost Control Specialist

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Compensation Grade
ACE-USD-SAL

The Cost Control Specialist is responsible for control and oversight of Asset Support related expenditure across the Texas City Manufacturing organization to ensure this is maintained at an optimal spend - typically ~$30m per year. Through rigorous commercial management, ensure all Contractor's within this area are performing and delivering value - ensure no unsubstantiated costs are incurred by INEOS.

Environment:

Internal:

• Working with multiple teams - Asset, Operations, Maintenance, Turnaround, Finance, Procurement and Engineering Teams.
• Understand the INEOS compliance processes and ensure they are rigorously fulfilled. (i.e. DOA, NCR, Capex Rules)
• Understand and interpret business performance/context and what this may mean for approved budgets and Capex plans.

External:

• Working with Key vendors including teams from different countries
• Economic factors affecting production requirements and operating modes
• Changing Statutory Reporting requirements in the industry
• Changing Industry practices and conditions
• Improving processes and tools in the accurate and timely management of cost

Accountabilities of the job:

• Ensuring compliance with HSSE standards and expectations set through the INEOS Life Saving Rules and 20 Safety Principles.
• Promote safety culture through visible leadership in the field, for example Safety Observation Conversations, Audits and Near Miss reporting.
• Focus heavily on forecasting, team learning, and process improvements.
• Composition and submission of monthly contract labor information for submission to Asset Managers, Asset Support Manager and Site Manager.
• Overall Capex / Projects Cost lead spanning across all Asset teams to report Capex for Texas City site as a whole.
• Perform detailed variance analysis of actual financial results versus plan, forecast, and key performance metrics.
• Ensure operational departments understand and follow policies and procedures.
• Work closely with accounting to ensure accurate financial reporting.
• Weekly tracking and reporting to program management and customers.
• Develop and maintain Estimate to Complete (EAC's) across various projects (Cost-Type, T&M, Fixed Price, etc.)
• Serve as the primary interface between assigned and designated departments.
• Drive process improvement and lean initiatives in the supply base to optimize cost.
• Examine data to help with reducing cost in all operations.
• Develop/conduct training of both program and functional staff in cost estimating.
• Monitor project costs and commitment to budget and forecast.
• Design reporting tools to monitor cost of goods sold data.
• Maximize profitability through fixed cost savings initiatives factoring in impact from sourcing strategy shifts and manufacturing practices.
• Assist with the aligning of the preparation of purchase orders and bid specifications.
• Perform schedule risk assessments to identify and mitigate program cost and scheduling risks.
• Work with key stakeholders to identify project risks and track them.
• Contribute to plans for yearly operation's budgets.
• Manage as applicable all temporary Project Controls resources to ensure appropriate coverage across Assets on Capex, TAR and other special projects.

Required profile:

Level of Education & Knowledge:

• Bachelor's degree in accounting, business, construction management, project management or finance or 5+ years with TA / Shutdown / Outage cost controller experience in lieu of degree.
• 2+ Years of TA / Shutdown / Outage, Maintenance and Project controls experience.
• 10+ years' experience working with refinery or major chemical plant.

Experience & Technical Skills:

• Experience in the application of analytical cost and performance management tools.
• Experience with PowerBI, Excel, SAP.
• Experience establishing leading and lagging metrics to monitor health of maintenance performance.

Competencies & Behavioral Skills

• Demonstrated success applying systematic principles to improve effectiveness.
• Makes sound decisions through analysis of complex and/or incomplete data.
• Effective interpersonal and written communication skills.
• Demonstrates understanding of business context.
• Effectively builds strong working relationships to enable communication and cooperation across all levels of the organization.
• Technical awareness of impact of manufacturing operations on maintenance issues.
• Ability to initiate and drive change.
• Methodical approach to problem solving with an ability to understand the difference between urgency and importance.
• Innovative and forward thinking, with an ability to influence those outside of the direct line.
• Ability to produce highly complex reports in a timely and accurate manner.
• Strategic thinking.
• High level of R&M/Projects/TAR process and working practice knowledge.