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.
How to apply
- Applications are only accepted through our online application system.
- Please upload your CV in English.
About Eni
Eni is a global energy company operating in 61 Countries, with over 30,000 employees. Originally an oil & gas company, it has evolved into an integrated energy company, playing a key role in ensuring energy security and leading the energy transition. Eni's goal is to achieve carbon neutrality by 2050 through the decarbonization of its processes and of the products it sells to its customers. In line with this goal, Eni invests in the research and development of technologies that can accelerate the transition to increasingly sustainable energy. Renewable energy sources, bio-refining, carbon capture and storage are only some examples of Eni's areas of activity and research. In addition, the company is exploring game-changing technologies such as fusion energy – a technology based on the physical processes that power stars and that could generate safe, virtually limitless energy with zero emissions.
Working at Eni
At Eni we believe in enterprising people, capable of making a difference and making their contribution with passion and innovation, to respond to the global challenges of the energy transition. For us, the skills and attitudes of each individual, continuous training, and diversity and inclusion are fundamental. We promote flexible ways of working with particular attention to well-being, welfare and work life-balance. Eni will evaluate applications considering plurality and diversity as sources of enrichment. If your application is assessed to be among those most in line with the required profile, you will be contacted to continue the selection process. Whatever your ambition, at Eni you can find the tools to make it happen.
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Skills 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 exploration and production 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
- Fluent English, written and spoken
What We Do
Eni is a global integrated energy company that develops and delivers energy solutions for individuals and businesses. It supports a just energy transition, with a focus on preserving the planet and enabling efficient, sustainable access to energy. Its operations are grounded in innovation, technical capabilities, responsibility, integrity, and transparency across markets, customers, and communities worldwide.
