Join the team as a Cost Control Engineer, Onshore in Fano, Italy! Are you ready to bring your expertise to a dynamic and challenging environment? 

Information about the job:

• Job Title: Cost Control Engineer
• Project: Onshore in Italy
• Salary: Please state your realistic expected monthly wage when applying.
• Start date: ASAP

Requirements/Qualifications/Competence:

• Background in cost control, project finance, or project controls in large-scale engineering or construction environments.
• Strong command of financial analysis, cost modelling, and forecasting methods.
• Proficient in creating and managing cost structures and control tools tailored to project needs.
• Experience with integrated project management, accounting, and procurement systems.
• Ability to perform qualitative and quantitative risk assessments.
• Familiarity with contractual structures, intercompany arrangements, and cash flow planning.
• Advanced Excel and cost simulation tools knowledge (e.g., Monte Carlo, risk modelling software).
• Skilled in preparing reports for executive and corporate audiences.
• Degree in Finance, Engineering, Project Management, or a closely related discipline.
• Proficiency in English.

Tasks:

Startup Phase

• Set up the cost tracking system after the contract is awarded.
• Build the project’s cost structure and link it to accounting and procurement tools.
• Prepare financial procedures, coding guides, and risk plans.
• Break down the budget by company, contract, and timeline.
• Create the cash flow forecast in multiple currencies.
• Run initial risk assessments with the team.
• Use simulations to check how risks may impact the budget.

Execution Phase

• Keep the cost tracking system up to date and accurate.
• Monitor progress and compare it to actual spending.
• Calculate monthly costs and ensure records reflect work completed.
• Track changes and assess how they affect the budget.
• Update cost and revenue forecasts regularly.
• Hold regular risk reviews and follow up on action plans.
• Share cost reports with project leaders and stakeholders.

Closeout Phase

• Help prepare the final cost summary for the project.
• Organize cost data for future planning and internal reporting.