Job Description:

Senior Cost Control Specialist/Engineer

What You’ll Be Doing

• Ensures that all aspects of projects are managed effectively and efficiently.

• Handle cost engineering functions involving budget preparation, cost control, forecasting and cost reporting.

• Tracking, updating, and monitoring of cost control on large projects.

• Support cost control as per contractual procedures, objectives, and requirements

• Contact and support Area Project Controls individuals in role execution.

• The Cost Control Engineer/Specialist may gain further experience by rotating through Estimating, Cost Engineering.

Specific Responsibilities

Cost Engineering:

• Development and management of the cost control systems to provide project and company management with accurate financial information.

• Preparation of monthly invoices to Clients in accordance with the Contract requirements.

• Reviews, process and certifies the monthly sub-consultancy and other service invoices for payment in accordance with its Service Agreement.

• Maintains payment ledger and prepare monthly billing estimate and accruals.

• Facilitates the development of the work breakdown structure (WBS), interfacing with Procurement, Engineering, and Finance Departments as needed.

• Performs some independent analysis of data stored in the project management and cost control systems. Creates presentations using graphs, diagrams, and other exhibits to illustrate cost status.

• Assist Program/Project Manager’s to update project budget.

• Updating the system with cost forecasts.

• Interact with client counterparts and management to plan and schedule cost presentation.

• Ensuring that project deliverables are completed on time, within budget, and to the satisfaction of the Client.

Other Duties:

• May provide guidance, direction, and specialized assistance to others in the resolution of project control problems.

• Attend meetings as required and updating meeting minutes and action trackers.

• Identifying and resolving project issues and conflicts.

• Performs other functions/responsibilities associated with this position as appropriate.

• Electronic file management of documents such as Business Contracts, Sub-consultancy contracts, and other essential documents.

Key Relationships:

• Supervision Received - Higher Level Project Control Staff.

• Supervision Given - May provide technical direction to lower-level Project Controls staff on project.

• Internal Contacts - All employees on project.

• External Contacts – Project Clients.

• Respond positively to feedback from others.

Skills and Competencies

• Requires basic engineering knowledge in electrical, mechanical, civil, or a related field.

• Proficient PC skills including a working knowledge of various Project Controls software, Microsoft Office Suite and knowledge of Power BI.

• Must have good knowledge in using Project Management software tools, and cost management software.

• Must have strong analytical skills and be able to think strategically.

• Experience in facilitating and administering multidiscipline meetings with large groups of stakeholders.

• Good communication and presentation skills.

• Understanding of the importance of timely reporting and the energy to deliver against demanding deadlines.

• The ability to build strong relationships and support colleagues Enthusiasm, ideas and drive to grow, learn and develop within our organization.

What Required Skills You’ll Bring

• Bachelor’s degree in engineering or construction Management, Finance or related field (or equivalent experience)

• 10+ years of related work experience.

Minimum Clearance Required to Start:

Not Applicable/None

Parsons is an equal opportunity employer committed to diversity in the workplace. Minority/Female/Disabled/Protected Veteran.