Cost Control Engineer

Saipem

$80K — $120K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Engineering, Construction Management, Accounting, Finance, or related field
  • 3+ years in cost control, project controls, project management, or related discipline
  • In-depth knowledge of Work Breakdown Structure (WBS) and Cost Breakdown Structure (CBS) implementation
  • Proficiency in cost control techniques and financial analysis
  • Advanced Excel skills and experience with SAP and other cost control systems

Responsibilities

  • Implement and maintain the Cost Control System
  • Prepare accurate and timely cost reports
  • Identify cost variances, investigate overruns, and propose mitigation measures
  • Develop cost forecasts for future project phases
  • Contribute cost inputs for project risk assessments and perform Monte Carlo analysis
  • Support the project team during contract changes and claims processes
  • Collaborate with Project Managers, Engineers, and stakeholders on cost performance

Benefits

  • Full time permanent contract
  • Comprehensive benefits package including health insurances and retirement plans
  • Health & wellness benefits and Paid time off (PTO)
  • Hybrid working model with Smart Working options and flexible hours
  • Opportunities for career growth and skills development through the One Saipem Way model
Full Job Description
Purpose of the position: As a Project Cost Controller, you will be a key member of the Project Controls Department at Saipem America Inc. Your primary responsibility is to manage and control project costs by establishing a reliable cost control system. You will support the Project Manager in decision-making to ensure projects remain within approved budgets. This includes early detection and analysis of budget deviations, estimating their impact, and monitoring corrective actions. The role also involves ensuring compliance with internal cost control reporting standards and collaborating effectively with relevant stakeholders..

How can you support us?
  • Cost Management: Implement and maintain the Cost Control System. Develop and manage a consolidated Cost Breakdown Structure (CBS) in accordance with procedures. Track project expenditures and monitor adherence to budgets and financial plans.
  • Financial Reporting: Preparing accurate and timely cost reports, including analysis of actual costs against budget and forecasts.
  • Cost Analysis: Identify cost variances, investigate potential overruns, and propose mitigation measures. Monitor project progress and earned value to calculate cost accruals and work-in-progress valuations.
  • Forecasting: Develop cost forecasts for future phases of the project to support effective planning and resource allocation.
  • Project Risk: Contribute to risk assessments by providing cost-related inputs and performing Monte Carlo analysis.
  • Change Management: Support the project team during contract changes and claims processes by providing detailed cost impact analyses.
  • Communication: Collaborate with Project Managers, Engineers, and stakeholders to communicate cost performance and address financial issues.
  • Compliance: Ensure all cost control activities comply with corporate policies, procedures, and reporting standards.


What are we looking for?

Education: Bachelor's degree in Engineering, Construction Management, Accounting, Finance, or a related field

Background: 3+ years in cost control, project controls, project management, or a related discipline.

Languages: English.

Technical Knowledge:
  • In-depth knowledge of Work Breakdown Structure (WBS) and Cost Breakdown Structure (CBS) implementation.
  • Proficiency in cost control techniques and financial analysis.
  • Advanced Excel skills; experience with SAP and other cost control systems.
  • Strong analytical, problem-solving, and interpersonal skills.
  • Excellent communication abilities for cross-functional collaboration.

What we can offer to you:
  • Full time permanent contract
  • Corporate Benefits: We offer a comprehensive benefits package, including health insurances, retirement plans, health & wellness benefits, Paid time off (PTO).
  • Hybrid working model: Smart Working options and flexible hours to help you achieve a better work-life balance.
  • Our One Saipem Way soft skills model leverages on skills development, career growth, opportunities to innovate through complex challenges by promoting communication and collaboration to achieve common goals.
  • Location: Houston, Texas


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Additional Information

We support your development! Do you feel you might not fit this role perfectly? If you think you can contribute to our business development in the future, don't hesitate to apply anyway through our spontaneous application form !

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