Senior Project Cost Control 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
R176211
Project Controls
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:

Parsons is looking for an amazingly talented Senior Project Cost Control Manager to join our team! In this role you will get to develop, manage, and/or execute all phases of the project cost controls effort. Leads a team of cost engineers/accountants performing internal budget control and cost forecasting, among other cost management functions.

What You'll Be Doing:

  • Set up baseline budget (resource/revenue/cost) with appropriate WBS (Work Breakdown Structure), interfacing with various disciplines and in coordination with the Project Manager and Scheduler.

  • Analyze, evaluate, forecast and report cost status against the established baseline in collaboration with the planning team

  • Prepares/updates various weekly and monthly cost tracking reports

  • Establishes resource, revenue and cost projections for projects in coordination with project teams

  • Performs variance analysis against the baseline projections and initiates/recommends corrective actions

  • Utilizes historical data and trends for use in maintaining a realistic basis for future planning and forecasting

  • Monitors and tracks project progress and performs Earned Value Analysis

  • Participate in the monthly & quarterly reviews and support the project team to explain the variances, justifications  

  • Provides guidance, direction, and specialized assistance for the resolution of difficult and complex cost control problem 

  • Supports the Project Director in reviewing and finalizing the business plan

  • Completes performance reviews for direct reports and provides personnel development

  • Customizes project control systems to meet specific project requirements

  • May interface with clients, attends regular meetings, and provides statistical reports

  • Coordinates with Corporate Project Control/Legal/Finance/Commercial teams as appropriate to fulfill above responsibilities and resolve the issues related to:

    • Financial matters

    • Procurement of Subconsultants or vendors

    • Prime Contracts with Clients

    • Subconsultants Contracts

    • Taxation

  • Establishing the best practices for budget/forecasting and cost controls and implementing at project level

  • Coordinating with other Departments to ensure that all costs are properly charged on jobs and project cost control person has full visibility

  • Performs other responsibilities associated with this position as may be appropriate

What Required Skills You'll Bring:

  • Bachelor of Commerce/Finance/Engineering

  • Minimum of 15+ years of experience within Engineering consultancy

  • Excel Advanced knowledge 

  • Stakeholders Management

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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