Cost Control Engineer Milano

Cost Control Engineer
Milano
Lombardia, Milano

Company : Saipem

Project : CCS JV Anadarko

Job Title : Cost Control Engineer

Location : Milan, Italy & Mozambique

Duration : 12 months renewable contract

Start Date : May 2025 or June 2025

About us :

Saipem is a global leader in engineering services for the design, construction and operation of complex infrastructures and plants in the energy sector, both offshore and onshore.

With our five business lines - Asset Based Services, Energy Carriers, Offshore Wind, Sustainable Infrastructures, Robotics & Industrialized Solutions - we are One Company present in around 60 countries with over 30, 000 employees of more than 130 nationalities, providing the world the innovative excellence of our people and our partners.

Mission :

Establish and manage a cost control system in order to support the PM decision-making process and allow him to complete the project within the approved budget Ensure any deviation from budget is promptly spotted and analysed, final impact is estimated and the effect of corrective actions taken is monitored Create a cost awareness atmosphere among project team Satisfy the Operating Company and Corporate requirements for the cost control reporting, cooperating with the proper interfaces Tasks :

At project initial phase: After contract award, ensure the implementation of the Cost Control System, elaborating the consolidated Cost Breakdown Structure according to the relevant procedure, reviewing the procurement/accounting system adopted in each Operating Companies/Branches involved in the project, and verifying the application of the CBS and the cost traceability Issue the Project Cost Control Procedure, Cost Coding Manual and Risk Management Plan, for the Project Control Manager verification, according to standards and contract specification and configure the Cost Breakdown Structure to monitor procurement and accounting activities If not provided during the commercial phase, split the Commercial Budget according to the intercompany scheme, contract and work schedule, in order to report revenues/costs by entity, currencies, and main cost accounts and prepare the cash-flow by currency Coordinate the risk management activities startup organizing the first brainstorming and the qualitative / quantitative assessment of the identified risks and opportunities Carry out the Monte Carlo Analysis During the project execution phase: Ensure the Cost Control System works effectively and cost status is soundly assessed and reported Monitor activity progress and the relevant earned value, as well as the value of work done against the invoices received, determining the monthly accruals (to have accounts in line with works progress) Support the Project during the contract changes/claims process providing the cost impact analysis, and keep updated the cost/revenues forecast relevant to intercompany services Analyse committed costs and activities to-date, review the estimate to complete, isolating any deviation from baselines or adverse trend and warn the PM on time to take corrective actions in order to prevent overruns Maintain the risk management process organizing periodic meetings and verifying the risk owners feedback Issue the project and company reporting At project closure: Support the Project Control Manager in the preparation of the Project close-out Report and the cost feedback data to Project Control and Commercial Departments How to Apply :

If you are ready to take on this challenging role and contribute to the success of Saipem's projects, please submit your CV in English by clicking on the link below. #J-18808-Ljbffr