Cost Control Analyst II

About the role

#WeAreONEOK - Fortune 500 company. 100+ years in business. Leading midstream service provider. Safety first. Sustainable operations. Environmentally responsible. Employee focused. JOB SUMMARY Job Profile Summary Responsible for developing, maintaining, and analyzing cost control processes and financial data with a focus on records and information management activities. This role supports cost planning, tracking, and forecasting related to compliance programs, audits, document management systems, and regulatory initiatives across the oil and gas value chain. Works independently to analyze cost performance, evaluate variances, and support budgeting and reporting processes. Applies working knowledge of financial controls, data governance, and compliance requirements to ensure accurate, auditable, and consistent cost management practices that align with company policies and regulatory expectations. Essential Functions and Responsibilities Cost Control and Financial Management Develop and maintain cost tracking, forecasting, and reporting processes for compliance, audit, and records management activities Analyze project and operational costs, including labor, systems, vendor services, and compliance-related expenditures Prepare cost reports, forecasts, and variance analyses to support budgeting and financial planning Ensure cost data aligns with approved budgets, project scopes, and financial controls Data Analysis and Reporting Analyze financial data to identify cost trends, variances, and key drivers impacting compliance and records management activities Compile and validate cost data from multiple systems to ensure accuracy and consistency Develop and maintain dashboards, reports, and metrics to support decision-making and leadership visibility Support financial reporting requirements related to audits, regulatory filings, and internal controls Compliance and Audit Support Ensure cost tracking and reporting practices comply with internal policies, financial controls, and regulatory requirements Support internal and external audit activities by providing documentation, cost analysis, and supporting evidence Assist in identifying gaps in cost controls, documentation, or processes and recommend improvements Maintain auditable records of financial data, assumptions, and supporting documentation Records and Information Management Alignment Support cost tracking and analysis related to records management systems, document retention programs, and information governance initiatives Ensure financial data and documentation are maintained in accordance with records retention policies and regulatory requirements Partner with records management and compliance teams to align financial tracking with information governance practices Cross-Functional Coordination Partner with Legal, Compliance, Audit, Finance, and IT teams to gather cost inputs, validate assumptions, and ensure alignment Collaborate with project managers and business partners to support cost planning and monitoring activities Communicate cost insights, risks, and variances to stakeholders to support informed decision-making Change Management and Risk Analysis Evaluate changes in scope, regulatory requirements, or operational activities and assess cost impacts Identify and communicate cost risks, uncertainties, and potential variances Support mitigation strategies through scenario analysis and cost impact assessments Continuous Improvement and Process Enhancement Participate in initiatives to improve cost control processes, tools, and reporting methodologies Recommend enhancements to financial tracking, documentation, and reporting practices Support standardization and consistency of cost control processes across the Legal, Compliance & Audit function Education Bachelor's degree in Finance, Accounting, Business Administration, or related field; typically required Work Experience 4+ years of experience in cost control, financial analysis, accounting, project controls, or related field typically required Experience supporting compliance, audit, legal, or regulatory functions a plus Experience in oil and gas, energy, or other regulated industries preferred Equivalent industry experience may be considered Knowledge, Skills and Abilities Knowledge of: Cost control principles, budgeting, and financial analysis Knowledge of: Compliance, audit processes, and regulatory environments Skills in: Strong analytics and problem-solving with attention to detail Ability to: Analyze and interpret financial data to identify trends and risks Skills in: Microsoft Excel and financial or reporting systems proficiency Ability to: Manage multiple priorities and meet deadlines Ability to: Communicate and collaborate across cross-functional teams Ability to: Apply established processes while exercising sound judgment Licenses and Certifications None required Professional certifications (e.g., CPA, CMA, or equivalent) are a plus Strength Factor Rating - Physical Demands/R