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Salary
≈ $56k – $127k per year (Estimated)
Location
Hybrid (Italy)
Seniority
Senior · 5+ years exp

Confirmed on the employer's own hiring board on Oct 11, 2026. First seen by Alion on Jul 31, 2026. Saipem scores B on the Alion truth index.

Overview
Company
Impact
Profile match
Saipem is an Italian engineering and construction contractor headquartered in Milan, delivering onshore and offshore projects, drilling and subsea work for the energy and infrastructure sectors. Founded in 1957 within the Eni group, which still holds a large stake, it is listed in Milan, employs about 30,000 people of more than 130 nationalities in over 50 countries, and is merging with Subsea7. Its openings include engineering internships in France on materials, cathodic protection and subsea equipment, automation and HSE systems engineers, and project, construction and support roles in Italy, Qatar, Saudi Arabia, Angola and India.

Join Saipem and engineer a sustainable future.

We are a global leader in engineering and construction for the energy and infrastructure sectors, delivering complex onshore and offshore projects worldwide. Driven by technological innovation as “One Company”, our 30,000 people from over 130 nationalities in more than 50 countries work every day to enable the energy transition toward Net Zero. At Saipem, we embrace diversity as a driver of innovation and inclusion, while prioritizing people’s safety and environmental sustainability, even in the most challenging conditions.

Purpose of the position: As Senior Cost Control Engineer you will be part of the Project Control and Project Risk management area, with direct responsibility for the economic and financial control of complex, high-value projects. The selected candidate will be responsible for managing project cost control activities, including cost monitoring, variance analysis, forecasting, and reporting, providing reliable support to Project Management and leadership.

The role requires significant experience in complex projects, strong analytical capabilities, a high level of ownership, and effective collaboration with Project Managers, Project Controls, AFC, Procurement, Contract Management, and other internal and external stakeholders.

How can you support us? Here below your responsibilities:

Lead the project cost control system, ensuring robust budgets, reliable data and full alignment with procedures, company standards and contractual requirements;

Monitor economic performance, actual costs, committed costs, accruals, progress and earned value, translating data and variances into clear, actionable insights;

Prepare Estimate at Completion and periodic reports, providing timely and structured visibility on project economic performance;

Support Project Managers and Management in key economic decisions, contributing to project targets, change and claim management, risk and opportunity analysis and mitigation scenarios;

Act as a key point of reference for AFC, Procurement, Contract Management, Planning and project teams, promoting compliance, data traceability and a strong cost-control culture.

What are we looking for?

Education: Bachelor’s degree (preferably in Engineering, Construction Management or Business Administration). Professional Qualifications ideally in Cost Management, Project Management or Engineering.

Experience: 5 - 7 years project controls experience as a Cost Controller. Understanding of the EPC projects

Languages: Fluent in English

Technical/IT Skills:

Solid cost or project control experience in EPC, Oil & Gas, Energy, Engineering, Construction or large industrial projects;

Proven ability to manage complex budgets, forecasts, cost reporting, cash flow, variance analysis, project and cost control processes, earned value reporting, and Cost and Work Breakdown Structures integrated with corporate systems;

Familiarity with project accounting, accruals, invoicing, cash flow and AFC principles;

Advanced proficiency in SAP, Excel and project reporting systems.

What else should you know? You will have the opportunity to travel abroad based on the projects you will work for and within the projects assigned.

What can we offer to you:

Permanent Contract - CCNL Energia e Petrolio/Metalmeccanico

Pay not lower than € 56.000

Corporate Benefits: We offer a comprehensive benefits package, including health insurance, internal gym, discounts and partnerships, services related to health, family, well-being, and in-house cafeteria.

Hybrid working model: Smart Working options and flexible hours to help you achieve a better work-life balance.

Location: Milan

Transparency Note

At the end of the selection process, the Company reserves the right to offer a different job level and/or salary package compared to what is indicated in this job posting, in line with the candidate’s professional experience, technical and soft skills.

Any deviation shall be duly justified and documented in accordance with internal procedures and the Non-Discrimination Statement. Such deviation shall in no way be related to:

the remuneration received by the candidate in previous employment relationships;

any subjective or discriminatory factors, including but not limited to gender or other personal characteristics.

Regulatory Compliance

The decision:

  • is made in compliance with the principle of equal pay for the same work or work of equal value;
  • complies with the pay transparency requirements set out in EU Directive 2023/970 and the relevant national implementing legislation.

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!

PRIVACY POLICY

All interested candidates (L. 903/03) are invited to consult the privacy policy (art 13, 14, D.Lgs 196/03 and art 13 GDPR 679/16).

Saipem SpA

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