The Senior Cost Analyst supports cross-functional teams including operations, engineering, accounting, and finance by monitoring actual expenditures against project and operational budgets. The role also provides actionable insights to ensure financial accuracy and informed decision-making.
Duties and Responsibilities:
- Coordinates and reports on the annual operating budget, ensuring alignment with strategic goals and operational plans.
- Leads monthly budget review meetings with operations to analyze variances, identify cost drivers, and guide corrective actions.
- Prepares and analyzes monthly operating expense variances for executive reporting.
- Manages monthly and quarterly accrual processes to ensure accurate financial representation of operational activities.
- Provides cost tracking and reporting support to field operations.
- Forecasts monthly project and operational expenditures, identifying trends and variances for proactive budget management.
- Develops and presents financial reports and performance insights for quarterly Joint Venture (JV) Board Meetings.
- Delivers ad hoc financial analysis and supports special projects as needed.
- Performs other duties as assigned.
Required Skills and Abilities:
- Strong financial modeling and forecasting capabilities to support cost control initiatives.
- Proficient in cost management systems and financial analysis tools.
- Skilled in interpreting financial data to identify trends and deliver actionable insights.
- Excellent problem-solving skills to address cost-related issues.
- Effective collaborator with cross-functional teams to ensure accurate financial reporting.
- Solid understanding of accounting principles, internal controls, and compliance standards.
- Familiarity with ERP systems for accounting transactions.
- Advanced proficiency in Microsoft Excel and other Microsoft Office applications.
- Adept with financial software.
Education and Experience:
- Bachelor's degree in finance, accounting, or business
- 3 to 5 years of experience in finance, accounting, or a budgeting/forecasting role
- Experience with EPM software is a plus (e.g., OneStream, BPC, TM1, Hyperion, Vena, SAP Analytics)
Certifications:
Physical Demands and Hazards for Office Employees:
This position requires prolonged periods of sitting, frequent computer use, occasional lifting of office supplies, and may involve travel.
Thank you for your interest in Howard Energy Partners, an equal opportunity employer. If you need additional information, have questions, or need accommodations, please reach out to the Human Resources department at 210-298-2222.