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Cost Control Engineer

Pubblicato il 05-08-2026 - Energy Jobline in Roma

Contract Type: Contract

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Day Rate: 505 USD
Overview

Energy Jobline is supporting a major international energy infrastructure programme and is seeking an experienced Cost Control Engineer to support financial monitoring and cost management across a large-scale project.
The role will focus on tracking project expenditures, forecasting financial performance, and ensuring project delivery remains aligned with approved budgets and contractual requirements.
The Role

Reporting to the Project Services Manager, the Cost Control Engineer will support project leadership by providing detailed cost analysis, forecasting, and financial reporting throughout the project lifecycle.
Working closely with project controls, planning, procurement, and engineering teams, the role ensures accurate cost tracking and supports decision-making through reliable financial insights.
Key Responsibilities

Develop and maintain the project cost control framework aligned with the Project Execution Plan
Establish and manage Cost Breakdown Structures (CBS) and Work Breakdown Structures (WBS) for project cost tracking
Support preparation of project budgets and allocation of costs across disciplines and subcontractors
Monitor actual expenditures against approved budgets and contractual commitments
Analyze cost trends and identify potential cost overruns or financial risks
Ensure accurate cost coding and financial tracking within project financial systems




Monitor vendor and subcontractor costs to ensure compliance with contract terms
Prepare monthly cost reports including actuals, commitments, forecasts, and variance analysis
Provide Estimate at Completion (EAC) and Estimate to Complete (ETC) forecasts
Support evaluation of cost impacts related to project variations and change orders
Maintain records of approved and pending cost variations and financial risks
Support project management with cost performance data for project review meetings
Skills & Experience

Strong experience in project cost control and financial reporting within large engineering or infrastructure projects
Ability to perform detailed cost analysis, forecasting, and variance evaluation
Familiarity with cost management systems and ERP platforms
Understanding of project execution environments including fabrication, procurement, and offshore installation activities
Strong analytical, reporting, and problem-solving capabilities
Effective communication and cross-functional coordination skills
Qualifications

Bachelor’s Degree from an accredited university
Minimum 8 years’ experience in project cost control or project controls within energy or infrastructure projects
Experience supporting projects involving fabrication, procurement, logistics, and offshore operations
Excellent written and spoken English communication skills
Additional Information

The advertised day rate applies to independent consultants operating on a contract basis. xlwpduy Candidates who prefer to be engaged as employees of the client may be offered a different remuneration structure.

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