Cost Engineer

We harness the power of innovation so that you can change the world and help our customers solve their most complex challenges

Riyadh
R170707
Project Controls
Additional posting locations:

In a world of possibilities, pursue one with endless opportunities. Imagine Next!

When it comes to what you want in your career, if you can imagine it, you can do it at Parsons.  Imagine a career working with intelligent, diverse people sharing a common quest. Imagine a workplace where you can be yourself. Where you can thrive. Where you can find your next, right now. We’ve got what you’re looking for.

Job Description:

Parsons is looking for an amazingly talented Cost Engineer to join our team! You will support the Senior Cost Manager in implementing robust cost control and estimating practices across multiple active and future projects. The role involves developing cost estimates, analyzing budgets and variances, tracking progress against baselines, and maintaining cost databases and reports. The Cost Engineer will work within a PMO environment, liaising with the Client, PMCMs, contractors, and stakeholders.

What You'll Be Doing:

  • Review material takeoffs on complex projects, drawings, and plans, and check for mathematical and technical accuracy.
  • Prepare detailed breakdown of components and elements of estimates for systems and subsystems.
  • Review contractual documents and contract modifications to determine scope of work and scope changes.
  • Review and summarize task and subtask estimates, including rate and unit cost determination and perform mathematical calculations by applying standard factors.
  • Assign material costs and staffing costs to the takeoffs. Obtain telephone quotes for materials and services, if required.
  • Accumulate, evaluate, and document historical cost data and construction procedures and methods to maintain current estimating standards and databases.
  • Prepare budgets for changes in current projects as well as for future projects.
  • Update and maintain the Program's cash flow, prepare the monthly cost report, manage the Change Order process.

What Required Skills You'll Bring:

  • Bachelor’s degree in Civil Engineering, Quantity Surveying, or related discipline.
  • Minimum 9 years of experience in cost control, estimation, or cost engineering in major infrastructure programs.
  • Familiarity with earned value management and progress measurement systems is an advantage.
  • Fluency in English with excellent communication and reporting skills.
  • Experience in KSA is a plus.

Parsons equally employs representation at all job levels no matter the race, color, religion, sex (including pregnancy), national origin, age, disability or genetic information.

We truly invest and care about our employee’s wellbeing and provide endless growth opportunities as the sky is the limit, so aim for the stars! Imagine next and join the Parsons quest—APPLY TODAY!

Parsons is aware of fraudulent recruitment practices. To learn more about recruitment fraud and how to report it, please refer to https://www.parsons.com/fraudulent-recruitment/.

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.

Want to learn more about the benefits eligible for the Parsons’ location you are interested in? Click below to find out more!
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