Assistant Cost Manager
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Job Description:
Assistant Cost Manager
Abu Dhabi, UAE
Parsons is looking for an Assistant Cost Manager to work as part of a team assisting with the management of cost within a secondment role with one of our key Clients in our Abu Dhabi sector. The Assistant Cost Manager will work closely with the Cost Manager and report to the Senior Vice President. They must be experienced and capable in all Cost Management matters. This position may require travel to our Client's offices or to the project site or to the Parsons Abu Dhabi head office as may be required throughout the duration of the assignment.
What You'll Be Doing:
Assist in exercising a qualified level of cost management including cost planning, controlling, and reporting under the guidance of the Cost Manager or Senior Cost Manager.
Support the creation and maintenance of accurate reports reflecting current budgets, invoices, committed costs, projected-to-go or cost-to-complete estimates, budget variances, cash flow projections, and schedule of values for individual projects.
Help provide trending information to assist in forecasting potential cost and schedule risks.
Assist in managing work breakdown structures and their revisions.
Coordinate with the team to gather and prepare conceptual estimates for design and construction phases to support program budgets.
Aid in the development and maintenance of automated program cost databases.
Contribute to the preparation of fiscal budgets and cost performance reports for past periods on an annual basis.
Assist in compiling and distributing monthly consolidated program cost performance reports.
Support cost estimation, bidding, and job cost preparation activities, demonstrating an understanding of construction contracts, scheduling, and general construction management principles.
Support change order review and negotiation processes, with a preference for prior construction experience.
Demonstrate strong oral and written communication skills to effectively collaborate with internal teams and clients.
Perform additional tasks and support responsibilities as assigned by the Cost Manager, Senior Cost Manager, Senior Vice President, and clients on an as-needed basis.
What Required Skills You'll Bring:
Bachelor's degree in Quantity Surveying or similar.
Minimum 5 years experience in relevant field, UAE experience is preferred.
Requires a comprehensive knowledge of industry business practices and commercial and cost matters.
Possesses strong written and oral communication skills, excellent interpersonal skills, and a working knowledge of standard software packages typically associated with contract administration.
Must be capable of independently managing cost matters.
Proven ability for managing and directing work involving complex situations.
Must be fluent in English (both written and spoken).
Comprehensive knowledge of industry business practices.
What Desired Skills You'll Bring:
Experience with Aldar projects would be looked upon favourably.
Chartered by a recognized international body such as Royal Institution of Chartered Surveyors (RICS) would be advantageous.
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COMPETITIVE BENEFIT OFFERINGS
Financial Wellness
We care about your financial wellbeing. Parsons offers competitive pay and retirement plans to help you build wealth for the future while giving you the flexibility to diversify your investments.
Work Life Harmony
Balance in life is important and time away from the office is imperative to allow you to refresh and focus your attention on the things that matter to you. Parsons supports your time away by providing paid time off and paid flexible holidays.
Career Development
We are committed to fostering the personal and professional growth of our employees. Develop and advance yourself though our comprehensive training, educational and mentorship programs.
Veteran Support
We provide Industry leading benefits to support veterans and active-duty members to provide security for you and your family by offering robust leave and benefits; including paid active-duty military leave and paid time off when transitioning back to civilian life.
Mind & Body
At Parsons we inspire healthier habits, heathier minds, and a healthier you through our wellness program. Participate in our weekly Meditation Mondays and Wellness Wednesdays. Wellness, at Parsons, is more than just your annual checkup.
Health
Health is not a one size fits all. At Parsons, we offer a robust Employee Assistance Program as well as comprehensive medical, dental and vision plans through large, national carriers with the choice of regional PPO, HDHP, or HMO networks.

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