Senior Cost Manager

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

Tabouk
Office
R173980
Corporate
Additional posting locations:
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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:

Senior Cost Manager to join the team working in KSA, a revolutionary urban development project. This role requires a professional with a minimum of 10 years of experience in cost management on large-scale, complex infrastructure or mega-projects.

Key Responsibilities 📊

  • Project Cost Control: Develop, implement, and manage comprehensive cost control systems, including budgeting, forecasting, and earned value management across various work packages for The Line project.

  • Budget Management: Establish and manage the overall project budget, ensuring robust financial governance and alignment with project scope and schedule.

  • Cost Reporting & Analysis: Prepare detailed, timely, and accurate cost reports, variance analysis, and cash flow projections for project stakeholders and senior management.

  • Risk Management: Identify, assess, and manage cost-related risks, developing mitigation strategies and managing the project contingency budget.

  • Contract Administration: Oversee cost-related aspects of contract administration, including managing variations, claims, and final account settlements with contractors and suppliers.

  • Team Leadership: Mentor and lead a team of cost professionals, fostering best practices and ensuring consistent application of cost management procedures.

  • Stakeholder Communication: Serve as the primary point of contact for cost matters, effectively communicating financial status and recommendations to internal teams, external consultants, and NEOM leadership.

Qualifications & Requirements 💡

  • Experience: A minimum of 10 years of progressive experience in cost management, quantity surveying, or commercial management, with significant exposure to major civil, infrastructure, or vertical construction mega-projects. Experience in the Middle East is highly desirable.

  • Education: A Bachelor's degree in Quantity Surveying, Construction Management, Engineering, or a related field. Professional certifications (e.g., MRICS, PQS, or equivalent) are essential.

  • Skills: Expertise in cost estimating software, project management information systems (PMIS), and advanced proficiency in financial modeling and data analysis.

  • Aptitude: Proven ability to operate effectively in a fast-paced, complex, and culturally diverse environment, demonstrating strong leadership, commercial acumen, and negotiation 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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