Cost Section Manager

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

Riyadh
Office
R182983
Project Controls
Additional posting locations:
SA - Abha
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In a world of possibilities, pursue one with endless opportunities. Imagine Next!

 

At Parsons, you can imagine a career where you thrive, work with exceptional people, and be yourself. Guided by our leadership vision of valuing people, embracing agility, and fostering growth, we cultivate an innovative culture that empowers you to achieve your full potential. Unleash your talent and redefine what’s possible.

 

Job Description:

Parsons is looking for an amazingly talented Cost Section Manager to join our team!
 

What You'll Be Doing:

  • Lead and manage the Cost Management team across multiple project packages.

  • Develop and implement cost control procedures, processes, and best practices to ensure effective project cost management.

  • Develop and maintain project budgets, and cash flow forecasts throughout the project lifecycle.

  • Monitor project budgets and provide monthly cost reports, forecasts, and variance analyses.

  • Track and report project costs against approved budgets, including committed costs, incurred costs, actual/paid costs, forecasts, and final/out-turn costs.

  • Review, validate, and verify all commercial and financial performance aspects of the project, including assessment of contractor claims, cost benchmarking, forecast accuracy, and overall financial performance

  • Conduct risk analysis and advise on cost implications of the project changes

  • Evaluate contractor claims, variations, change orders, and payment applications.

  • Support procurement strategy, contract packaging, and commercial negotiations.

  • Establish and maintain cost databases, benchmarking data, and historical cost records.

  • Ensure compliance with POMI, NRM, CESMM, CSI, Uniclass, and other applicable measurement standards.

  • Coordinate with design consultants, contractors, project controls, procurement, and other stakeholders to ensure effective cost control.

  • Prepare final accounts and support project closeout activities.

 

What Required Skills You'll Bring:

  • Bachelor's Degree in Quantity Surveying, Cost Engineering, Civil Engineering, Construction Management, or a related discipline.

  • Typically 18+ years of experience in cost management within a large developer, PMC, or international engineering consultancy.

  • Minimum 10 years of experience leading a Cost Management or Quantity Surveying team.

  • Extensive experience in pre-contract and post-contract cost management.

  • Proven experience in budget management, forecasting, and cash flow reporting.

  • Strong knowledge of Cost Optimization, Benchmarking, and Cost Reporting.

  • Excellent leadership, communication, negotiation, and stakeholder management skills.

  • Advanced proficiency in Microsoft Office applications.

  • Working knowledge of cost management software and reporting tools such as PMWeb, Power BI, Primavera, or equivalent platforms.

 

What Desired Skills You'll Bring:

  • Cost Control Systems and procedures

  • Budget Control

  • Cost management

  • Quantity Surveying

  • Cost Reporting & Forecasting

  • Claims & Variations Evaluation

  • Cash Flow Management

  • Cost Optimization & Savings Initiatives

  • Strong leadership, communication, and analytical skills

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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