Qiddiya, Riyadh, Saudi Arabia
2 days ago
Senior Project Cost Control Manager
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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!

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