Stem It Investment & Cost Controller Engineer Milano

Stem It Investment & Cost Controller Engineer
Milano
Lombardia, Milano

STEM IT is our new five-year Professional Development Program customized for Professionals who are interested in developing their career in STEM roles (. We aim to hire Professionals passionate about Science and Sustainability who eager to make a real impact in the Energy Transition and Digitalization of our Communities. You'll join a team in your Country of employment and your role will directly contribute to the local organization's results.

Plus, you'll have the opportunity to be part of a global network!As successful as we've been in the past, we have so much further to go.

That's where you come in.

Join us!Team Overview and Job responsibilitiesWe are looking for anInvestment & Cost Controller Engineer who will report to the CAPEX Manager of the Business Unit Transmission (Powerlink, part of Prysmian Group) and will be based in our HQ in Milan, Italy.

The Investment & Cost Controller Engineer main tasks are to support the governance and management of manufacturing investments aimed at increasing capacity and capability of the Group's High Voltage Submarine and Land Plants.

He/She will play a crucial role in managing the economicaspects of the investment projects and their planning. Who are we looking for? AsInvestment & Cost Controller Engineer your primary focus will be on creating detailed economical plans, tracking project progress and managing budgets to secure investment approvals and to maintaineconomical control throughout the project lifecycle. The main duties of the role are the following:Business Case Development:Collaborate with cross-functional teams (Manufacturing, Supply Chain, Machinery, Finance, Sales) to gather information and assess the feasibility of proposed investments. Support CAPEX Team to prepare comprehensive business cases, outlining the financial aspects, potential risks, and expected returns of proposed projects. Budget Management:Partner with machinery, plant and procurement team to establish project budgets and ensure alignment with overall financial objectives. Monitor and control project expenditures, identifying and addressing budgetary variances promptly. Cooperate with Procurement Team to identify alternative suppliers and monitor actual suppliers' saturation. Support the continuous alignment between different functions involved with Investment projects, regardingshort term and long term spending plan. Execution Oversight:Collaborate with project teams to track progress against the established timelines and budgets. Implement effective controls to mitigate risks and optimize resource utilization. Reporting and Analysis:Generate regular reports on project economics, highlighting key metrics and variances. Conduct post-project financial analysis to assess the accuracy of initial projections and identify areas for improvement. Key requirements:Master's degree in finance, Accounting, Business Administration, or Management Engineering Experience in financial analysis, budget management, and project accounting. Strong analytical skills with attention to detailExcellent communication and presentation abilities Proficient in English, written and spoken; other languages (French, German, Finnish, Italian) will be a plus. At minimum three years of experience on EPCI projectsExperience with Microsoft Project and SAPTravel expected: about 20%Familiarity with manufacturing processes and investments in production facilities is a plus. Skills:Passionate about industrial environmentsProblem solverAnalyticalTeam playerYour application data will be treated according to our Data Protection Policy.

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