Cost Engineer
Parsons Corporation
Date: 3 weeks ago
City: Riyadh
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 Engineer to join our team! You will support the Senior Cost Manager in implementing robust cost control and estimating practices across multiple active and future projects. The role involves developing cost estimates, analyzing budgets and variances, tracking progress against baselines, and maintaining cost databases and reports. The Cost Engineer will work within a PMO environment, liaising with the Client, PMCMs, contractors, and stakeholders.
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 Engineer to join our team! You will support the Senior Cost Manager in implementing robust cost control and estimating practices across multiple active and future projects. The role involves developing cost estimates, analyzing budgets and variances, tracking progress against baselines, and maintaining cost databases and reports. The Cost Engineer will work within a PMO environment, liaising with the Client, PMCMs, contractors, and stakeholders.
What You'll Be Doing
- Review material takeoffs on complex projects, drawings, and plans, and check for mathematical and technical accuracy.
- Prepare detailed breakdown of components and elements of estimates for systems and subsystems.
- Review contractual documents and contract modifications to determine scope of work and scope changes.
- Review and summarize task and subtask estimates, including rate and unit cost determination and perform mathematical calculations by applying standard factors.
- Assign material costs and staffing costs to the takeoffs. Obtain telephone quotes for materials and services, if required.
- Accumulate, evaluate, and document historical cost data and construction procedures and methods to maintain current estimating standards and databases.
- Prepare budgets for changes in current projects as well as for future projects.
- Update and maintain the Program's cash flow, prepare the monthly cost report, manage the Change Order process.
- Bachelor’s degree in Civil Engineering, Quantity Surveying, or related discipline.
- Minimum 9 years of experience in cost control, estimation, or cost engineering in major infrastructure programs.
- Familiarity with earned value management and progress measurement systems is an advantage.
- Fluency in English with excellent communication and reporting skills.
- Experience in KSA 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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