Senior Cost Controller

Senior Cost Controller Nicosia, Cyprus

Job Description

Job title: Senior Cost Controller Location: Nicosia, Cyprus Job reference #: 34028 Contract type: 24-month fixed-term contract Language requirements: Fluent in English (written and spoken)

At Eni, we are looking for a Senior Cost Controller to join Eni Cyprus in Nicosia. You will be responsible for providing the Project Control Manager with accurate and timely cost reporting, monitoring project cost performance against plan, and identifying potential budget overruns and the corrective actions required to mitigate them.

About Eni Cyprus Limited

Eni Cyprus Limited is a leading energy company engaged in the exploration and production of natural gas in Cyprus since 2013. The company has recently made significant offshore gas discoveries. Working at Eni Cyprus offers the opportunity to be part of a global energy leader that prioritizes innovation, sustainability and the professional development of its employees. Join us and help shape the future of energy in a dynamic and supportive environment.

Main responsibilities

• Updating the cost breakdown structure in line with existing cost estimates, ensuring alignment with project objectives.

• Verifying work progress, updating cost documentation, and allocating costs to the appropriate cost centres.

• Preparing, maintaining, and updating cost reports, ensuring accurate data is entered into cost reporting systems.

• Monitoring actual costs against budget and AFE values, identifying potential overruns, and implementing corrective actions to optimise contract value.

• Preparing close-out reports after each drilled well to summarise and analyse cost performance.

• Monitoring job orders and contracts (expenditure versus budget) to ensure cost efficiency and compliance.

• Preparing accruals for each contract or job order at month-end.

• Acting in compliance with Eni's Code of Ethics, SOA, and Compliance Model.

• Skills and experience required

• Bachelor's degree in Engineering, Economics, Finance, Business Administration, or a related discipline.

• Experience in cost control, budgeting, and project controls within a complex project environment.

• Proficiency in SAP and cost reporting systems.

• Strong knowledge of cost control, budgeting, forecasting, and cost analysis.

• Experience with project planning, cost estimating, and financial reporting.

• Understanding of contract management, including variations and claims.

• Familiarity with E&P project workflows and industry best practices.

• Strong analytical and problem-solving skills.

• Excellent planning and organisational abilities.

• Proactive approach and sound decision-making skills.

• Effective communication and stakeholder management skills.

• Adaptable team player with strong interpersonal skills.

What we offer

• Annual salary: up to €28,000, depending on professional experience and specific skill set.
• Private medical insurance.
• Pension/provident fund.