Cost Control Engineer

About the Company

Saipem is an international engineering and construction company delivering large-scale projects for the energy and infrastructure industries, both offshore and onshore. Its business is structured around several lines, including Asset Based Services, Drilling, Energy Carriers, Offshore Wind, Sustainable Infrastructures, and Robotics & Industrialized Solutions. The company focuses strongly on innovation and aims to support clients through the energy transition toward net zero by using increasingly digital tools, technologies, and processes that promote environmental sustainability. It is listed on the Milan Stock Exchange, operates in more than 50 countries, and employs around 30,000 people representing over 130 nationalities.

Role Purpose

The Cost Control Engineer will be part of the PCON Department within the COMP5 Project and will report to the Lead/Manager. The role is centered on building, maintaining, and improving project cost control practices so that management can make informed decisions and keep delivery aligned with the approved budget.

Key Responsibilities

The position covers cost control activities from project start-up through execution and close-out, including budgeting, reporting, forecasting, risk tracking, and support for project changes and claims.

Project Start-Up

• Set up the cost control framework after contract award and prepare the consolidated cost breakdown.
• Review the procurement and accounting systems used by the involved operating companies and branches, and verify that the cost breakdown structure is applied correctly and costs can be traced properly.
• Prepare the Project Cost Control Procedure, Cost Coding Manual, and Risk Management Plan for review by the Project Control Manager, ensuring alignment with contract requirements and standards.
• Configure the cost breakdown structure so procurement and accounting activities can be monitored effectively.
• If the commercial phase has not already done so, divide the commercial budget according to the intercompany structure, contract terms, and work schedule so revenue and cost can be reported by entity, currency, and major cost account, and so cash flow can be prepared by currency.
• Launch the project risk process by organizing the first brainstorming session and carrying out qualitative and quantitative assessments of risks and opportunities.
• Perform Monte Carlo analysis.

Project Execution

• Keep the cost control system operating effectively and ensure cost status is assessed and reported accurately.
• Track progress and earned value, compare work completed with invoices received, and calculate monthly accruals so accounts remain aligned with work progress.
• Assist with contract changes and claims by preparing cost impact analyses and updating forecasts for intercompany services.
• Review committed costs, completed activities, and the estimate to complete, identify deviations from the baseline or negative trends, and alert the Project Manager early enough to support corrective action and avoid overruns.
• Maintain the risk management cycle by running periodic meetings and checking feedback from risk owners.
• Prepare project and company reporting.

Project Close-Out

• Support the Project Control Manager in preparing the project close-out report and the cost feedback data for the Project Control and Commercial teams.

What You Need

Applicants should hold a bachelor’s degree in a relevant field and bring at least 5 years of experience. Strong English communication skills are required.

Offer and Working Conditions

• This is a permanent contract in a project-based role.
• A comprehensive corporate benefits package is provided.
• Working time is 45 hours per week, arranged as 9 hours per day across 5 days.
• The role is based in Doha, Qatar.

Additional Information

Even if your profile does not match every requirement, you are encouraged to consider applying if you believe you can contribute to future business growth through a spontaneous application.

The organization values diversity and promotes a workplace built on mutual respect, collaboration, and inclusion, with the belief that different perspectives help drive progress.

Health, safety, and sustainability are central priorities, especially in demanding and sometimes extreme working environments, where protecting people and the natural ecosystem remains essential.

Privacy and Data Protection

Candidate data will be handled in line with Qatar’s Personal Data Privacy Protection Law (PDPPL), enacted as Law No. 13 of 2016, and the relevant privacy provisions referenced in the notice.