Cost Controls Lead

Cost Controls Lead
PBF Energy Inc. (NYSE:PBF) is one of the largest independent refiners in North America, operating, through its subsidiaries, oil refineries and related facilities. We are a growing organization seeking a talented Cost Control Lead to join our team as a pivotal member here at PBF Energy. This role is located at Torrance Refining Company in Torrance, CA.
Job Summary
The Cost Controls Lead will provide on-site leadership and manage a staff of personnel responsible for the tracking of cost, sourcing and requisitioning materials and services and contract administration. The position is responsible for overseeing the various task of the Cost Controls Department, including budget creation, stewardship reporting, creation of requisitions, contract enforcement, monthly accruals, etc. The Cost Controls Lead is responsible for providing value to the refinery consisting of identifying cost savings opportunities through trend analysis, adherence to contracts and the reporting of head count.
Key Responsibilities

• Manages the tracking and stewardship reporting for all turnaround activities and large maintenance events
• Oversees monthly cost tracking and accruals
• Perform cost forecasting and cash flow projection on all projects
• Support business plan development
• Identifies and reports potential savings opportunities
• Assists with audit request and provides required documentation.
• Steward funding authorizations and coordinates refinery TA budgets
• Prepare pre-TA and TA AFEs for funding
• Coordinates with Turnaround Superintendent / Turnaround Event Manager to develop and manage the forecast as budgeted
• Provide guidance to business line with regards to capital vs expense rulings

Other Responsibilities:

• Steward TA business plan submissions and cashflow throughout the year
• Support Cost Controls for Capital projects during Shutdowns
• Monitor and take corrective action on 90 day No Activity, Over-Commitments, Over-Expenditure Reports, and settlement errors for POs/ WOs
• Review and oversees project milestones and cost performance
• Report yearly actuals, forecast, and cash flow to the Capital Project Cost Control Lead
• Bridge costs between Co Plan vs Control Funding and overruns, with supporting presentation
• Perform budget analysis against RFQ estimates
• Perform RFQ manhour analysis vs P6 manhours during final funding Phase
• Participate in constructability reviews and provide cost efficiency input
• Participate in Lessons Learned sessions
• Face to Face meetings with TA Contractors for Execution alignment and Cost Deliverables.
• Communicates with third-party vendors to establish staffing plans
• Oversees and assist in Headcount Plans for contracted vendors
• Loads and manages Cost Tracking Database and processes design changes to database as needed
• Processes Journal Entries at Month end.
• Creates and distributes "statement of final account" (SOFA) statements
• Assists the Finance & Accounting Department with invoicing and payment issues
• Manages TRACK reviewers during execution
• Assist with estimate review / PO generation for Tank MAFEs
• Oversee cost tracking for tank MAFEs (cleaning, maintenance, and capital activities) / prepare weekly cost forecast.
• Close-out tank POs and ID MAFEs for closure

Job Qualifications

• Bachelor's Degree in Business, Accounting, Finance or Economics preferred
• 1O+ years of experience in all matters of Cost Controls for maintenance, turnarounds and projects
• Strong knowledge of TRACK and SAP
• Knowledge of work orders, WBS and budgets required

This description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee.
This position is subject to federally mandated drug/alcohol testing.
The salary range for this position is $97,322.86 - $197,835.58. The compensation range listed in this posting is in compliance with applicable state law. Factors such as scope and responsibilities of the position, candidate's work experience, education/training, job-related skills and internal peer equity will be considered in determining the selected candidate's compensation. Salaries at the time of hire are typically in the lower to middle portion of the above range in order to provide the opportunity to reflect future performance-based increases. In addition to salary, PBF offers a comprehensive and generous benefits package.
We thank all respondents for their interest in PBF Holding Company LLC ("PBF Energy"), however, only those selected for an interview will be contacted. Please no phone calls or emails to any employee of PBF Energy about this requisition. Placement agencies or recruiters need not respond. All resumes submitted by search firms to any employee of PBF Energy via email, the Internet or in any method without a valid written search agreement will be deemed the sole property of PBF Energy. No fee will be paid in the event the candidate is hired by PBF Energy as a result of the referral or through other means.
PBF Energy is an equal opportunity employer. We are committed to creating a diverse, inclusive environment. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, sex, gender, gender identity or expression, sexual orientation, reproductive health decision making, national origin, ancestry, genetic information, physical or mental disability, medical condition, marital status, age, veteran and military status, or any other status protected by applicable law. We are committed to providing reasonable accommodations as required by law.
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