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Cost Controls Manager - Capital Projects

Company:
MP Materials Corp.
Location:
Fort Worth, TX, 76102
Posted:
May 21, 2024
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Description:

Job Title: Cost Controls Manager, Capital Projects Location: Fort Worth-TX Department/Group: Magnetics Position Type: Full Time Hourly/Salary: Salary Regular/Temp: Regular Exempt/Non-Exempt: Exempt Reports To: Director, Capital Projects Position Overview: MP Materials (NYSE: MP) is on a mission to restore the full rare earth supply chain to the United States of America.

From electric cars to wind turbines and drones, rare earths are essential to the low-carbon, electrified technologies that power modern life.

We hire ambitious, mission-driven people motivated to solve problems and effect change.

Our values are grounded in teamwork, resiliency, and integrity, with an enduring commitment to our employees, community, and the environment.

In the coming years, MP Materials will grow from a core materials and chemical processing company into a large industrial manufacturer.

Our employees will lead this exciting transformation and grow professionally with us.

MP Materials manages an active portfolio of capital projects within its Magnetics business unit in Fort Worth, with project sizes ranging from small to large.

The Cost Manager will manage the overall capex project portfolio from a cost control perspective and define the means and methods to monitor the progress and performance on individual projects, including establishing, tracking, and reporting key performance indicators and earned value assessments.

Essential Duties: * Manage all aspects of project and portfolio financial planning for capital projects, including forecasting, tracking, and weekly status reporting * Collaborate with project managers to establish annual plan and provide weekly forecast updates * Create project tracking and reporting templates that allow seamless data-sharing between the project management and finance teams * Prepare and maintain project disbursements projections and accounting accruals * Assist stakeholders with preparation of capital appropriation requests and monitor purchasing activity to ensure that all related capital assets engineering, acquisition, and commissioning are properly recognized in company's financial statements * Ensure compliance with company's policy regarding property, plant, and equipment (PP&E) accounting * Oversee the implementation and administration of cost management database - Ares Prism, or similar, ensuring its integrity and reconciliation with SAP * Coordinate with accounting on project set up and master data maintenance * Monitor the status of equipment installation and commissioning, and provide required inputs to allow fixed assets accounting team to determine in-service dates * Participate in end-of-project reviews for lessons learned and opportunities for improvement Other Functions: * Develop cost management processes and procedures * Create summary dashboards * Occasional travel to subcontractor locations Basic Qualifications: * Expertise in cost management for medium to large capex projects involving multiple stakeholders * Bachelor's degree in engineering, finance or a related field of study * Experience in implementing ERP or other financial systems * 10+ years progressive work-related experience * 10+ years industrial project experience Desired Qualities: * Excellent leadership, people management, communication, and influencing skills * Ability to effectively manage, collaborate with, and influence key stakeholders * Adaptability and ability to thrive in a fast-paced environment * Proactive approach to project forecasting by engaging with the internal project team and contractors * Advanced Excel skills, proficiency in other Microsoft Office applications and project management tools * Experience with SAP and Ares Prism or similar cost management system is a plus * Demonstrated experience in successfully leading projects and programs, on-schedule and within budget, to completion * Advanced Excel skills, proficiency in other Microsoft Office applications and project management tools MP Materials is Proud to be an Equal Opportunity / Affirmative Action Employer - EEO is The Law All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other characteristic protected by law.

Underrepresented groups/Women/Disabled/Veterans are encouraged to apply.

Candidates whose disabilities make them unable to meet the position's requirements will still be considered qualified if they can perform the essential functions of the job with reasonable accommodation.

Your Right To Work - In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment verification document form upon hire.

For Assistance with Application - Alternative methods of applying for employment are available to individuals unable to submit an application through this site because of a disability.

Contact Human Resources Department at ; 6720 Via Austi Parkway, Suite 450, Las Vegas, NV 89119 to discuss reasonable accommodations.

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