Senior Cost Controller

Saipem; Jakarta Pusat; On-site; IDR 350,000,000 - 550,000,000; Full time

Benefits offered by this job

Offshore allowance

Health insurance

One Saipem Way

Job summary

Saipem Indonesia, a global engineering and construction leader, seeks an experienced Cost Controller to manage CBS, budgeting, and cost reporting for EPC projects in Jakarta. You will work with Project Control, Procurement, and Finance to ensure accurate cost data and timely dashboards.

The role requires a Bachelor's degree and 10–15 years in project cost control, with SAP and Excel proficiency. You will promote cost discipline and provide actionable insights to safeguard project profitability.

Qualifications

• Bachelor’s Degree in Finance, Accounting, Economics, Engineering, Project Management, or a related field.
• 10–15 years in project cost control or a similar role.
• Experience in EPC, Oil & Gas, or construction industries.
• Strong knowledge of CBS, budgeting, cost allocation, monitoring.
• Experience with SAP for cost monitoring and reporting.
• Proficient in Excel and ERP systems.

Responsibilities

• Define the Cost Breakdown Structure (CBS), cost control systems, and related processes to monitor cost trends and support the Project Manager within budget.
• Review procurement and accounting systems to ensure proper CBS application and cost traceability.
• Prepare timely EAC analyses to forecast final project costs and identify budget deviations.
• Consolidate Project Cost Control Reports per procedures and reporting calendar.
• Promote cost and cash awareness within the project team and drive cost-conscious decisions.
• Coordinate invoicing procedures with the Project Control Manager and ensure compliance with standards.
• Monitor actual, committed, and forecast costs to identify variances and financial risks.
• Collaborate with Project Manager, Procurement, Accounting, and Finance for accurate cost data and reporting.
• Ensure proper cost allocation and consistency across budgets and records.
• Identify opportunities to improve cost control processes and forecasting accuracy.

Skills

Cost control

Cost forecasting

Variance analysis

Analytical thinking

Stakeholder management

Education

Bachelor’s degree in Finance, Accounting, Economics, Engineering, Project Management, or related field

Tools

SAP

Excel

ERP systems

Job description

Saipem is a global leader in the engineering and construction of major projects for the energy and infrastructure sectors, both offshore and onshore. Saipem is “One Company” organized into business lines: Asset-Based Services, Drilling, Energy Carriers, Offshore Wind, Sustainable Infrastructures, Robotics & Industrialised Solutions. Always oriented towards technological innovation, the company’s purpose is “Engineering for a sustainable future”. As such, Saipem is committed to supporting its clients on the energy transition pathway towards Net Zero, with increasingly digital means, technologies and processes geared for environmental sustainability. Listed on the Milan Stock Exchange, it is present in more 50 countries around the world and employs about 30,000 people of over 130 nationalities.

How can you support us? Here are below your responsibilities:

1. Define the Cost Breakdown Structure (CBS), cost control systems, and related processes in accordance with company procedures and standards to monitor cost trends and support the Project Manager in achieving project completion within the approved budget.
2. Review the procurement and accounting systems adopted by participating entities to ensure the correct application of the CBS, proper cost allocation, and robust cost traceability.
3. Prepare timely, accurate, and comprehensive Estimate at Completion (EAC) analyses in collaboration with relevant Project Enabling Functions to forecast final project costs and identify potential budget deviations.
4. Prepare and consolidate Project Cost Control Reports in accordance with established procedures, reporting standards, and the Group reporting calendar, ensuring accuracy, completeness, and timely submission.
5. Promote a culture of cost and cash awareness within the project team by monitoring cost performance, identifying potential cost risks, and encouraging cost-conscious decision-making.
6. Cooperate with the Project Control Manager to establish and implement invoicing procedures, ensuring compliance with established standards, project procedures, and contractual specifications.
7. Monitor actual costs, committed costs, budget utilization, and forecast expenditures to identify variances, assess financial risks, and support corrective actions to maintain project cost performance.
8. Coordinate with the Project Manager, Project Control Manager, Procurement, Accounting, Finance, and other relevant project functions to ensure accurate cost data, effective cost monitoring, and reliable financial reporting.
9. Ensure proper cost allocation, coding, and consistency between project budgets, procurement records, accounting systems, and cost control reports.
10. Identify opportunities to improve cost control processes, forecasting accuracy, reporting efficiency, and overall project financial performance.

What are we looking for?

1. Bachelor’s Degree in Finance, Accounting, Economics, Engineering, Project Management, or another relevant field.
2. Minimum 10–15 years of relevant professional experience in project cost control, cost engineering, project controls, or a similar role.
3. Experience in EPC, Oil & Gas, Energy, Construction, or other project-based industries is preferred.
4. Strong knowledge of project cost control activities, including Cost Breakdown Structure (CBS), project budgeting, cost allocation, cost monitoring, and cost control methodologies.
5. Proven experience in Estimate at Completion (EAC) analysis, cost forecasting, budget monitoring, and variance analysis.
6. Knowledge of project cost control processes and practical experience utilizing SAP software for cost monitoring, analysis, and reporting.
7. Familiarity with procurement and accounting systems, ERP platforms, and project cost traceability processes.
8. Understanding of project invoicing procedures, contractual requirements, and cash flow management.
9. Proficiency in Microsoft Excel and project cost control or ERP systems.
10. Strong analytical, numerical, and problem-solving skills, with the ability to identify cost variances, assess financial risks, and provide actionable insights.
11. Excellent communication, coordination, and stakeholder management skills, with the ability to work effectively across multidisciplinary project teams.
12. High attention to detail, strong organizational skills, and the ability to meet reporting deadlines in a dynamic project environment.

What can we offer you :

• Attractive basic salary supplemented by a daily offshore allowance/incentive.
• A comprehensive benefits package, including health insurance that covers the employee and up to three dependent children.
• Our One Saipem Way soft skills model leverages on skills development, career growth, and opportunities to innovate through complex challenges by promoting communication and collaboration to achieve common goals.

Head Office Location: PT. Saipem Indonesia – Alamanda Tower, TB. Simatupang Kav 23-24, Cilandak Barat, South Jakarta, Indonesia.

We embrace diversity!

At Saipem, we believe that innovation thrives through diversity. Our culture is built on mutual respect, collaboration, inclusion and the belief that our differences drive our progress.

Safety and Sustainability matter to us!

Operating in difficult and at times extreme situations, the focus is always on the health and safety of people and the preservation of the natural ecosystem.

One vision, many paths, limitless possibilities.