Cost Control Manager
Parsons Corporation
Date: 1 week ago
City: Jeddah
Contract type: Full time

In a world of possibilities, pursue one with endless opportunities. Imagine Next!
When it comes to what you want in your career, if you can imagine it, you can do it at Parsons. Imagine a career working with intelligent, diverse people sharing a common quest. Imagine a workplace where you can be yourself. Where you can thrive. Where you can find your next, right now. We’ve got what you’re looking for.
Job Description
Parsons is looking for an amazingly talented Cost Control Manager to join our team! In this role you will get to manage and direct the assigned project(s) in such a manner as to assure its on-schedule completion within or below the established approved budget.
What You'll Be Doing
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/.
When it comes to what you want in your career, if you can imagine it, you can do it at Parsons. Imagine a career working with intelligent, diverse people sharing a common quest. Imagine a workplace where you can be yourself. Where you can thrive. Where you can find your next, right now. We’ve got what you’re looking for.
Job Description
Parsons is looking for an amazingly talented Cost Control Manager to join our team! In this role you will get to manage and direct the assigned project(s) in such a manner as to assure its on-schedule completion within or below the established approved budget.
What You'll Be Doing
- Develops system which provides Projects Management Department (PMD) with needed budget planning, cost analysis, cost estimation, cost forecasting, invoice control for A/E and construction projects.
- Responsible for coordinating with Construction, Engineering and Finance Departments to gather project estimate/ROM, contract price, change order value, potential cost claims and other cost information.
- Responsible for development, evaluation and consolidation of cost reports and cost information.
- Supports the development of annual expenditures and monitor project expenditures and ensure that they align with the approved budget.
- Tracks changes in project scope, schedule, and budget. Evaluate the impact of changes and assist in the preparation of change orders.
- Analyzes change order cost estimate and support Engineering and Construction department for cost negotiation
- Reviews and assists in resolving and processing claims, back charges and invoices.
- Responsible for establishing the CVFC (Contracts Value Forecast at Completion) by assigning trends to all forecast changes affecting cost, schedule and scope.
- Identifies, evaluates, and monitors project risks, ensuring that mitigation strategies are in place.
- Provides regular updates on risk status and potential impacts on project schedule, cost, and scope.
- Assists Project Delivery Team to identify cost-saving opportunities and improve financial efficiency.
- Analyzes inputs and identifies areas where requirements are not being met, bringing any budget/cost related problems to the attention of Project Controls Director with proposed solutions.
- Delivers timely, accurate and sensitive project controls report to facilitate clear understanding of the cost performance of the project as related to planned performance targets.
- Develops database to maintain historical projects cost for better planning and future reference.
- Ensures all project financial data is accurate and up-to-date, with proper documentation and reporting.
- Performs other duties as assigned by the Project Controls Director
- Bachelor’s degree in Engineering, Construction Management or relevant field. Minimum of 10 years' experience in projects-oriented environment, specific to costing
- Expert knowledge in the Microsoft Office products, including Access, Excel, Word, Access database, and PowerPoint is required.
- Excellent command of oral and written English..
- Demonstrated ability to function effectively in a team environment with colleagues and subordinates of multiple ethnicities and cultural backgrounds.
- Experience in working in foreign countries, especially in the Middle East is desired.
- Knowledge and ability to communicate in Arabic is a plus.
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/.
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