Cost Management Specialist

At Dow, we believe in putting people first and we’re passionate about delivering integrity, respect and safety to our customers, our employees and the planet.
Our people are at the heart of our solutions.
They reflect the communities we live in and the world where we do business.
Their diversity is our strength.
We’re a community of relentless problem solvers that offers the daily opportunity to contribute with your perspective, transform industries and shape the future.
Our purpose is simple - to deliver a sustainable future for the world through science and collaboration.
If you’re looking for a challenge and meaningful role, you’re in the right place.
About you and this role – Dow has an exciting opportunity for a Cost Management Specialist, located in Angelton, TX.
The Cost Management Specialist acts as a technical resource for Cost Management within the Global Project Methodology (GPM) work process.
Supports establishment of the overall cost baseline with reporting to monitor and control the project or turnaround within established tolerances of the baseline.
Coordinates data inputs from the various disciplines and functions to ensure accurate forecasts and reporting of cost.
Engages the project steering team to understand causes of deviations from tolerances, if any, and the need to establish actions to mitigate.
Requires advanced skills and expertise in a range of processes, procedures, and systems, and/or specialized technical expertise within an analytical/scientific method or operational process to perform a broad range of complex work assignments.
May act as a working team lead, providing subject matter guidance and coordinating work of others.
Responsibilities – Build estimates for assigned worklist that incorporates all planned scope Track and forecast all costs on 95 GCPL (Gulf Coast Pipelines) accounts along with multiple companies.
Ensure all cost centers are balanced.
Maintain each area's budget with the Activity Leaders as well as within new EEM cost structure.
Work with Right of Way Team to ensure reimbursables are set up accurately Collaborate with GIL to ensure all expenses against capital and expense projects are budgeted, forecasted accurately.
Analyze reporting and cost estimates for variances from established plan Utilize all tools available to provide leadership accurate estimates and forecasts for all assigned accounts.
Work alongside Cost Accountant to correct and maintain cost structure with cost centers, assets, FLOCs, recoveries, 3rd Party contracts, etc.
Ensure cost centers are aligned to the appropriate business rules, communicate those rules and ensure they are being followed.
Maintain budget/forecast within Platinum.
Handle 3rd Party/JV contracts that have monthly, quarterly, and yearly invoicing based on specific spending.
Facilitate multiple asset verifications yearly.
Supports IMP (Integrity Management Program) Team, GCPL Technical Team and Operations team in deriving an accurate and realistic forecast of all funds required to complete the project within the defined budget and schedule while incorporating own trending and analyses.
Ensures accurate representation of cost data and cost forecast in monthly reporting.
Assist in 3rd party financial audits.
Alerts the GCPL Leadership team to critical Cost Management issues.
Qualifications – A High School Diploma/GED and ONE of the following: A minimum of an Associate’s Degree 3 years or more of military training/experience 5 years of relevant experience A minimum requirement for this U.
S.
based position is the ability to work legally in the United States.
No visa sponsorship/support is available for this position, including for any type of U.
S.
permanent residency (green card) process.
Preferred Skills – Minimum of 5 years of experience as a Cost Controller Cost management in the manufacturing environment is required.
Proficiency in Platinum, SAP and Excel.
Super User for Elevate Expense Management (EEM) Experience with estimating Tools and schedule management tools Project Cost Management tools (EcoSys, etc.
) and Methodology Additional notes– Note: This position does not offer relocation assistance Benefits – What Dow offers you We invest in you.
Dow invests in total rewards programs to help you manage all aspects of you: your pay, your health, your life, your future, and your career.
You bring your background, talent and perspective to work every day.
Dow rewards that commitment by investing in your total wellbeing.
Here are just a few highlights of what you would be offered as a Dow employee: Equitable and market-competitive base pay and bonus opportunity across our global markets, along with locally relevant incentives.
Benefits and programs to support your physical, mental and emotional well-being, to help you get the care you need.
.
.
when you need it.
Competitive retirement program that may include company-provided benefits, savings opportunities, financial planning and educational resources to help you achieve your long term financial-goals.
Become a Dow shareholder through various employee stock programs.
Opportunities to learn and grow through training and mentoring, work experiences, community involvement and team building.
Workplace culture empowering role-based flexibility to maximize personal productivity and balance personal needs.
Global Paid Time Off (PTO) policies: Paid time off for new parents (birthing and non-birthing, including adoptive and foster parents).
Paid time off to care for family members who are sick or injured.
Paid time off to support volunteering and Employee Resource Group’s (ERG) participation.
Join our team, we can make a difference together.
About Dow Dow (NYSE: DOW) is one of the world’s leading materials science companies, serving customers in high-growth markets such as packaging, infrastructure, mobility and consumer applications.
Our global breadth, asset integration and scale, focused innovation, leading business positions and commitment to sustainability enable us to achieve profitable growth and help deliver a sustainable future.
We operate manufacturing sites in 31 countries and employ approximately 35,900 people.
Dow delivered sales of approximately $45 billion in 2023.
References to Dow or the Company mean Dow Inc.
and its subsidiaries.
Learn more about us and our ambition to be the most innovative, customer-centric, inclusive and sustainable materials science company in the world by visiting www.
dow.
com.
As part of our dedication to the diversity of our workforce, Dow is committed to equal opportunities in employment.
We encourage every employee to bring their whole self to work each day to not only deliver more value, but also have a more fulfilling career.
Further information regarding Dow's equal opportunities is available on www.
dow.
com.
Dow is an Equal Employment Opportunity employer and is committed to providing opportunities without regard for race, color, religion, sex, including pregnancy, sexual orientation, or gender identity, national origin, age, disability and genetic information, including family medical history.
We are also committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures.
If you need assistance or an accommodation due to a disability, you may call us at 1-833-My Dow HR (833-693-6947) and select option 8.