STEM IT Investment & Cost Controller Engineer

at  Prysmian Group

STEM IT is our new five-year Professional Development Program customized for Professionals who are interested in developing their career in STEM roles (Manufacturing, Quality & HSE, Project Services and Installation, IT, Supply Chain, R&D).
We aim to hire Professionals passionate about Science and Sustainability who eager to make a real impact in the Energy Transition and Digitalization of our Communities.
You’ll join a team in your Country of employment and your role will directly contribute to the local organization’s results. Plus, you’ll have the opportunity to be part of a global network!
As successful as we’ve been in the past, we have so much further to go. That’s where you come in. Join us!
Team Overview and Job responsibilities
We are looking for an Investment & Cost Controller Engineer who will report to the CAPEX Manager of the Business Unit Transmission (Powerlink, part of Prysmian Group) and will be based in our HQ in Milan, Italy.
The Investment & Cost Controller Engineer main tasks are to support the governance and management of manufacturing investments aimed at increasing capacity and capability of the Group’s High Voltage Submarine and Land Plants. He/She will play a crucial role in managing the economic aspects of the investment projects and their planning.
Who are we looking for?
As Investment & Cost Controller Engineer your primary focus will be on creating detailed economical plans, tracking project progress and managing budgets to secure investment approvals and to maintain economical control throughout the project lifecycle.
The main duties of the role are the following:

Business Case Development:

• Collaborate with cross-functional teams (Manufacturing, Supply Chain, Machinery, Finance, Sales) to gather information and assess the feasibility of proposed investments.
• Support CAPEX Team to prepare comprehensive business cases, outlining the financial aspects, potential risks, and expected returns of proposed projects.

Budget Management:

• Partner with machinery, plant and procurement team to establish project budgets and ensure alignment with overall financial objectives.
• Monitor and control project expenditures, identifying and addressing budgetary variances promptly.
• Cooperate with Procurement Team to identify alternative suppliers and monitor actual suppliers’ saturation.
• Support the continuous alignment between different functions involved with Investment projects, regarding short term and long term spending plan.

Execution Oversight:

• Collaborate with project teams to track progress against the established timelines and budgets.
• Implement effective controls to mitigate risks and optimize resource utilization.

Reporting and Analysis:

• Generate regular reports on project economics, highlighting key metrics and variances.
• Conduct post-project financial analysis to assess the accuracy of initial projections and identify areas for improvement.

Key requirements:

• Master’s degree in finance, Accounting, Business Administration, or Management Engineering
• Experience in financial analysis, budget management, and project accounting.
• Strong analytical skills with attention to detail
• Excellent communication and presentation abilities
• Proficient in English, written and spoken; other languages (French, German, Finnish, Italian) will be a plus.
• At minimum three years of experience on EPCI projects
• Experience with Microsoft Project and SAP
• Travel expected: about 20%
• Familiarity with manufacturing processes and investments in production facilities is a plus.

Skills:

• Passionate about industrial environments
• Problem solver
• Analytical
• Team player

Prysmian , as an Equal Opportunity Employer, aims to attract and recruit individuals with diverse backgrounds, skills, and abilities. We strongly believe that diversity brings significant value at all levels of the organization, increasing the possibility of capturing market opportunities and maximizing value for our customers and stakeholders. With Diversity, Equity, and Inclusion (DE&I) as part of our Social Ambition 2030 and a strategic pillar of our Company culture, Prysmian is committed to the development of an organization that prioritizes talent, where people feel respected, included, and free to fully express their potential just as they are.
All Managers and HRs in Prysmian are responsible for ensuring DE&I policies are respected during the recruiting process, as well as recognizing and mitigating unconscious biases that must not influence our selection processes. All persons will be considered for employment without regard to their race, ethnicity, religion, nationality, origin, citizenship status, socio-economic status, age, sex, gender identity or expression, sexual orientation, marital status, disability, military service or veteran status, pregnancy, parental leave, medical conditions, or any other characteristic protected by applicable federal, state or local laws. Prysmian will endeavor to make a reasonable accommodation for any disclosed physical or neurological condition or disability of a qualified applicant unless the accommodation would impose an undue hardship on the operation of our business.
Visit our
DE&I Page to learn more about Prysmian’s commitments.
Your application data will be treated according to our Data Protection Policy. If you believe you require assistance to complete this form or to participate in an interview, please let us know.

Please refer the Job description for details