Job Information
Parsons Corporation Senior Cost Control Specialist in Riyadh, Saudi Arabia
Job Description:
Parsons is seeking an amazingly talented Cost Control Manager to join our team! In this role you will get to develop, implement, and maintain cost control, and/or provides planning function on one or more larger projects.
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 bassline 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 and 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, attend regular meetings, and provide statistical reports.
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’s degree in accounting/finance or related field from an accredited university/ institution is required.
10+ years of related work experience in budgeting, forecasting, and financial reporting of mega engineering construction or entertainment construction project is required.
Excellent written and oral communications skills in English is required.
Proficient PC skills in MS Office (Advance Excel skills) & power BI is required.
Proven ability and leadership skills to perform in a management capacity.
What Desired Skills You'll Bring:
Professional degrees like CA, CPA or ACCA will be preferred.
A track record with PMC and Main Contractors would be a suitable background.
Comprehensive knowledge of industry practices and standards.
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.
About Us
Parsons is a digitally enabled solutions provider focused on the defense, security, and infrastructure markets. With nearly 75 years of experience, Parsons is uniquely qualified to deliver cyber/converged security, technology-based intellectual property, and other innovative services to federal, regional, and local government agencies, as well as to private industrial customers worldwide.
Parsons is an equal opportunity, drug-free employer committed to diversity in the workplace. Minority/Female/Disabled/Protected Veteran/LGBTQ+.
For more about Parsons, visit parsons.com and follow us on Facebook, Twitter, LinkedIn, and YouTube.