CITGO Petroleum Corporation

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LC Project Cost Estimator (Finance)



CITGO PETROLEUM CORPORATION

CITGO Petroleum Corporation is a recognized leader in the refining industry and operates under the well-known CITGO brand. CITGO owns and operates three refineries located in Lake Charles, LA.; Lemont, IL.; and Corpus Christi, TX, and wholly and/or jointly owns 38 active terminals, six pipelines and three lubricants blending and packaging plants. With approximately 3,300 employees and a combined crude capacity of approximately 807,000 barrels-per-day (bpd), positions CITGO as one of the best-branded supplier companies in the industry.

At CITGO our people are our most important resource. Our core values are Safety, Integrity, Respect, Accountability, and Care.

Job Summary

The Project Cost Estimator works with project staff and contractors to estimate costs, time, materials, and resources necessary to achieve project goals. This includes reviewing and maintaining cost standards and procedures to ensure allocation of appropriate manpower and equipment (e.g., tools), and developing, updating, and monitoring the capital project estimate database and software tools. This position directs the development of capital project estimates and leads risk analysis on all capital projects to determine appropriate level of contingency. When available, this individual can assist in reviews of contractor estimates during bid conditioning meetings.

Minimum Qualifications

  • Bachelor's degree plus 4 years of job-related industrial experience (preferred), or
  • High School Diploma plus 8 years of job-related experience (in lieu of degree)
  • Experience with industrial estimating, preferably in Aspen Capital Cost Estimator
  • Formal estimating training, preferably in Aspen Capital Cost Estimator
  • Knowledge of cost accounting and engineering practices, preferred
  • Detailed knowledge of construction activities
  • Computer skills and experience with excel spreadsheets
  • Strong analytical skills
  • Capable of working with minimal supervision
  • Ability to multiple tasks

Job Duties

  • Develops all in house capital project cost estimates during study phase of a project and for final project authorization
  • Directs and oversees the development of all capital project cost estimates performed by outside engineering firms during the feasibility study phase and for final project authorization
  • Leads the risk analysis meetings for all capital project estimates utilizing CITGO Risk Analysis Program. The outcome of these efforts is a properly identified project contingency and path forward for project risk mitigation.
  • Analyzes project estimate packages for completeness and determines the level of definition of the project. As a result of this analysis, recommends modifications required to scope packages for acceptable level of definition that meets project objectives.
  • Supports the analysis of construction contractor bids during pre-bid meetings to identify whether contractors understand the scope of work. Provides recommendations to Project Managers where cost and schedules are impacted.
  • Develops and reviews of cost estimates for project changes and field change orders. Recommends approval or rejection based upon whether these changes are required to meet project objectives
  • Reviews material and labor requirements to determine the most cost effective way to execute the project. Evaluates cost estimates submitted by contractors and engineers for accuracy and completeness
  • Establishes forecasting criteria for project cost and schedules on all capital projects. Integrates contractor specific systems with these forecasting criteria. Identifies inefficient execution and established changes to project execution strategy
  • Works with project staff and contractors to estimate costs, time, materials, and resources necessary to achieve project goals
  • Reviews and maintains cost standards and procedures to ensure allocation of appropriate manpower and equipment, developing, updating, and monitoring the capital project analysis on all capital projects to determine appropriate level of contingency
  • Assists in reviews of contractor estimates during bid conditioning meetings

Job Duties II

Job duties displayed above are not all-inclusive, site-specific responsibilities may be assigned.

Here are the incentives we offer:

• Remote Work options available for eligible positions
• Options are department and/or location specific
• 9/80 Work Schedule Option (where applicable)
• Annual Vacation Incentive (40-120 hours of additional pay) for Eligible Employees
• Paid Vacation Time
• Company-Paid Holidays
• Caregiver Leave
• Excellent 401(k) Match
• Pension Plan
• Company-Paid Sick Leave and Long-Term Disability
• Medical, Dental, & Vision Plans; FSA and HSA options
• Company-Paid Life Insurance for Active Employees
• Healthy Rewards Program
• Service Awards Program
• Educational Assistance Plan
• Dependent Children Scholarships
• Reimbursement for Gym Membership
• Employee Discount Programs
• On-site Health Clinic (select locations)
• On-site Cafeteria (select locations)
• On-site Credit Union and ATM (Corporate office only)
• On-site Fitness Center (select locations)

PLEASE NOTE ALL JOBS DO NOT QUALIFY FOR ALL PERKS

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or disability.

Requisition ID - 1019 Apply

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