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  • Posted: Sep 16, 2015
    Deadline: Not specified
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    Saipem S.p.A. (Società Anonima Italiana Perforazioni E Montaggi) is an Italian oil and gas industry contractor. It is a subsidiary of Italian energy company Eni, which owns approximately 43% of Saipem's shares. Saipem has contracted for designing and constructing several pipelines, including Blue Stream, Greenstream, Nord Stream and South Stream...
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    Cost Control Engineer

    Job description

    • Ensure the implementation of the Cost Control System, developing  consolidated Cost Breakdown Structure according to the relevant procedure, reviewing the procurement/accounting system adopted in  Saipem Contracting Nigeria, and verifying the application of the CBS and cost traceability
    • Issuance of Project Cost Control Procedure, Cost Coding Manual and Risk Management Plan for Project Control Manager’s verification.
    • Management of budgets, work schedule and cash flow activities.
    • Coordinate the risk management activities, organizing brainstorming sessions for qualitative/quantitative assessment of identified risks and opportunities.
    • Co-ordinate project financial analysis; most especially, Montecarlo Analysis.
    • Monitor activity progress and the relevant earned value, as well as the value of work done against the invoices received, determining the monthly accruals.
    • 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.
    • Support the Project Control Manager in the preparation of the Project close-out Report and the cost feed-back data to      Project Control and Commercial Department.

    Desired Skills and Experience

    • Engineering degree or Management Science.
    • A minimum of 5 years Budgets/Cost Control and management experience in an Engineering firm or a reputable construction firm.
    • Good working knowledge of SAP

    Method of Application

    Interesteed and suitably qualified candidates should click on preferred job titles to apply online.

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