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Cost Analyst

https://www.roberthalf.com Logo

Robert Half

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Location:
United States, Midland

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Category:
Finance

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Contract Type:
Not provided

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Salary:

Not provided

Job Description:

We are offering an exciting opportunity for a Cost Analyst in the Oil & Gas industry, based in Midland, Texas. In this role, you will support financial planning, budgeting, forecasting, and job cost analysis to enhance operational efficiency and profitability. Collaborating with production, supply chain, and finance teams, you will ensure accurate cost tracking, variance analysis, and financial reporting.

Job Responsibility:

  • Collaborate with accounting and operations to ensure financial accuracy and compliance with internal controls
  • Assist in the budgeting, forecasting, and long-term financial planning processes
  • Work closely with production teams to track and monitor job costs and ensure proper cost allocation
  • Analyze direct and indirect costs, including labor, materials, and overhead in the manufacturing process
  • Prepare monthly, quarterly, and annual financial reports for senior management
  • Support cash flow forecasting and working capital analysis
  • Develop and maintain financial models to support decision-making
  • Monitor inventory valuation, material usage, and waste analysis to optimize cost efficiency
  • Perform variance analysis, comparing actual costs to budgets and forecasts, identifying trends and cost-saving opportunities
  • Assist in job profitability analysis, identifying inefficiencies and recommending cost control measures

Requirements:

  • Proficiency in Accounting Software Systems
  • Experience with ADP - Financial Services
  • Familiarity with Customer Relationship Management (CRM) systems
  • Ability to utilize Crystal Reports
  • Knowledge of Data Mining Techniques for financial analysis
  • Understanding of standard Accounting Functions
  • Experience with Accrual Accounting
  • Proficiency in Auditing
  • Familiarity with Budget Processes
  • Experience in Capital Management within the Oil & Gas industry
What we offer:
  • medical
  • vision
  • dental
  • life and disability insurance
  • eligibility to enroll in company 401(k) plan

Additional Information:

Job Posted:
March 24, 2025

Employment Type:
Fulltime
Work Type:
On-site work
Job Link Share:
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