Cost Engineer/QS
Parsons
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 KAFD is looking for an amazingly talented Cost Engineer/QS to join our team! In this role, you will join a professional engineering, construction, and cost management team that is involved in multiple projects in the King Abdullah Financial District (KAFD). KAFD is a master plan development positioned to become Riyadh’s new Central Business District that combines a real estate development of approximately 850,000 sqm of office space, 115,000 GLA of retail, 1,200 residential units, 5-star Hotels, and 600 hospitality keys. KAFD is set to be the main enabler of the KSA 2030 vision.
POSITION OVERVIEW:
Under the direction of the Senior Commercial Manager, leads all on-site activities for a small project or a subtask of a larger project in accordance with the project schedule. This includes directing and coordinating subcontractor activities in accordance with project/client procedures, scope of work, and contract specifications. Serves as the primary point of contact with the client for all site activities related to assigned area(s) of responsibility.
What You'll Be Doing:
Preparation of monthly cost reports in line with Employer requirements.
Development of cashflow forecasts and monitoring against actuals.
Preparation of monthly accruals in coordination with QS teams.
Consolidation of cost data across multiple EPC and construction contracts.
Strong knowledge of FIDIC contracts, EPC frameworks, and PMC reporting standards.
Proficiency in ERP systems (SAP, Oracle, Primavera Cost) and advanced Excel/Power BI.
Shall have a strong background in multi-contract cost consolidation, Employer reporting discipline, and financial risk analysis
What Required Skills You'll Bring:
Bachelor’s Degree in Quantity Surveying/Finance/Engineering, with additional credentials such as PMP and MRICS, and (as an option) be certified as a Cost Professional (AACE CCP).
Requires a comprehensive knowledge of industry business practices and the negotiation of prime contracts.
Strong written and oral communication skills, excellent interpersonal skills, and a working knowledge of PC software packages typically associated with contract administration.
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
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