Cost Controller

PR/081426
  • Negotiable
  • Italy, Milan
  • Permanent
Cost Controller

Location: Project / Yard / Offshore

We are currently seeking an experienced Cost Controller to support the delivery of a major energy project. This role is responsible for monitoring, analysing, and controlling project costs to ensure delivery within budget, while maintaining compliance with contractual and client requirements.
Working closely with Project Management and Project Controls, you will play a key role in cost reporting, forecasting, and financial performance across the full project lifecycle.

Key Responsibilities Cost Planning & Budgeting
  • Develop and implement the project cost control plan in line with the Project Execution Plan (PEP)
  • Establish and maintain the Cost Breakdown Structure (CBS) and Work Breakdown Structure (WBS)
  • Prepare and manage the project budget based on contract scope and approved estimates
  • Allocate budgets across disciplines, departments, and subcontractors
Cost Monitoring & Control
  • Track actual costs against budget, commitments, and forecasts
  • Analyse cost trends and identify potential overruns, recommending corrective actions
  • Ensure accurate cost coding and allocation within financial/ERP systems
  • Monitor subcontractor and vendor costs against contractual agreements
Forecasting & Variance Analysis
  • Produce monthly cost reports including actuals, commitments, forecasts, and variance analysis
  • Maintain and update Estimate at Completion (EAC) and Estimate to Complete (ETC)
  • Conduct detailed variance analysis across labour, materials, equipment, and subcontract costs
Change Management Support
  • Assess cost impacts of variations and change orders
  • Maintain a register of approved and pending changes with associated cost implications
  • Support claims preparation and commercial discussions from a cost perspective
Reporting & Stakeholder Interface
  • Prepare weekly and monthly cost reports for internal stakeholders and clients
  • Support project review meetings with up-to-date cost performance data
  • Interface with planning, procurement, and engineering teams to ensure alignment and data accuracy
Project Scope Exposure
  • Onshore: Fabrication yard activities, civil works, procurement, utilities, and logistics
  • Offshore: Installation campaigns, marine spread, vessel/barge costs, and offshore logistics
  • Key Risk Areas: Material price escalation, vendor delays, equipment standby, weather impacts, marine mobilisation/demobilisation, SIMOPS constraints
  • Reporting Focus: Fabrication productivity and cost KPIs, offshore campaign cost tracking and time charter monitoring
Skills & Experience Required
  • Strong analytical skills with high attention to detail in financial data
  • Proven experience in cost control within oil & gas, energy, or major infrastructure projects
  • Ability to interpret cost reports and provide meaningful commercial insights
  • Excellent communication and reporting skills
  • Strong organisational skills with the ability to meet tight deadlines
  • Effective team player with cross-functional coordination capability
Minimum Qualifications
  • Bachelor’s Degree in Engineering, Finance, or related discipline
  • Experience in cost control or project controls within major projects
  • Excellent written and spoken English, with strong reporting capability
What’s on Offer
  • Opportunity to work on a large-scale, high-value energy project
  • Competitive day rate or salary package
  • Exposure to both onshore and offshore project scopes



People are our business worldwide
 
Orion Group was founded in 1987 and is now one of the largest, independent, international recruitment companies. We have a network of 200 employees working from 24 offices, delivering a range of services – Talent Acquisition, Recruitment Outsourcing Services, Retained Search, Global Workforce Solutions, Completions & Commissioning and Materials Management – across 68 countries. As a global leader in workforce solutions, we recruit personnel across the Engineering & Technical, Office & Commercial, Scientific and Skilled Trades disciplines, for sectors including Oil & Gas, Life Science, Power & Utilities, Constructions & Infrastructure, Manufacturing and Renewables.



Adrian Davidson Recruitment Manager

Apply for this role