Cost Control Engineer

Saipem; Milano; On-site; EUR 39,000 - 47,000; Full time

Benefits offered by this job

Health insurance

Internal gym

Discounts and partnerships

Hybrid working model

Location: Milan

Job summary

Saipem in Milan is seeking a Project Cost Engineer to join the Project Control and Project Risk management team. You will ensure accurate cost analysis, budgeting, and forecasting across EPC projects, reporting to the Project Cost Manager.

The role involves preparing the cost breakdown structure, tracking actuals, commitments, and estimates to complete, and contributing to change management and contingency planning. Travel may be required.

Qualifications

• Bachelor’s degree in Engineering, Construction Management or Business Administration.
• 2-5 years of project controls experience as a Cost Controller.
• Fluent in English.
• Experience with SAP and advanced Excel.

Responsibilities

• Analyze and understand the Project Contract and Scope of Work for preparing the Project Cost Breakdown structure.
• Collect and analyze all project costs (actual, committed and estimate to complete) for forecast purpose and accruals calculation.
• Ensure in-depth analysis and reporting of variances on a periodic basis.
• Produce short and long-term cash flow projections continuously and timely.
• Participate in estimating Variation Orders and implement validated budgets into the cost control system.

Skills

Fluent in English

Education

Bachelor’s degree in Engineering, Construction Management or Business Administration

Tools

SAP

Excel Advanced

Job description

Join Saipem and engineer a sustainable future. We are a global leader in engineering and construction for the energy and infrastructure sectors, delivering complex onshore and offshore projects worldwide. Driven by technological innovation as “One Company”, our 30,000 people from over 130 nationalities in more than 50 countries work every day to enable the energy transition toward Net Zero. At Saipem, we embrace diversity as a driver of innovation and inclusion, while prioritizing people’s safety and environmental sustainability, even in the most challenging conditions.

Purpose of the position:

As Project Cost Engineer you will be part of the Project Control and Project Risk management within the scope to ensure an accurate, timely and value added analysis and reporting on project. You will support to the effective running of projects and comprises responsibility for, but not limited to cost performance status reporting. The role ensures the provision of all Cost Control functionality on the project including budget set up, updates and monitoring, change management, variation estimating, cost reporting, risk contingency and management as well as all forecasting activities. The role reports directly to Project Cost Manager, functionally and to Project Control Manager and/or Cost Controller Coordinator, directly, depending on the scale of the project.

How can you support us? Here below your responsibilities:

• Analyze and understand the Project Contract and Scope of Work for preparing the Project Cost Breakdown structure.
• Collect and analyze all project costs (actual, committed and estimate to complete) for forecast purpose and accruals calculation.
• Ensure in-depth analysis and reporting of variances on a periodic basis.
• Produce short and long-term cash flow projections continuously and timely.
• Participate in estimating Variation Orders and implement validated budgets into the cost control system.

What are we looking for?

Education: Bachelor’s degree (preferably in Engineering, Construction Management or Business Administration). Professional Qualifications ideally in Cost Management, Project Management or Engineering.

Experience: 2 - 5 years project controls experience as a Cost Controller. Understanding of the EPC projects

Languages: Fluent in English

Technical/IT Skills: Experience in working with databases like SAP. Proficient in Microsoft Office tools (Excel Advanced)

What else should you know?

You will have the opportunity to travel abroad based on the projects you will work for and within the projects assigned.

What Can We Offer To You

• Permanent Contract – CCNL Energia e Petrolio/Metalmeccanico
• Pay not lower than €43.000
• Corporate Benefits: We offer a comprehensive benefits package, including health insurance, internal gym, discounts and partnerships, services related to health, family, well-being, and in-house cafeteria.
• Hybrid working model: Smart Working options and flexible hours to help you achieve a better work-life balance.
• Location: Milan

Transparency Note

At the end of the selection process, the Company reserves the right to offer a different job level and/or salary package compared to what is indicated in this job posting, in line with the candidate’s professional experience, technical and soft skills.

Any Deviation Shall Be Duly Justified And Documented In Accordance With Internal Procedures And The Non-Discrimination Statement. Such Deviation Shall In No Way Be Related To

• the remuneration received by the candidate in previous employment relationships;
• any subjective or discriminatory factors, including but not limited to gender or other personal characteristics.

Regulatory Compliance

The Decision

• is made in compliance with the principle of equal pay for the same work or work of equal value;
• complies with the pay transparency requirements set out in EU Directive 2023/970 and the relevant national implementing legislation.

Additional Information

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All interested candidates (L. 903/03) are invited to consult the privacy policy (art 13, 14, D.Lgs 196/03 and art 13 GDPR 679/16).