Senior Cost Control Specialist/Engineer

Parsons Corporation


Date: 15 hours ago
City: Jeddah
Contract type: Full time
Job Description

Senior Cost Control Specialist/Engineer

What You’ll Be Doing

  • Ensures that all aspects of projects are managed effectively and efficiently.
  • Handle cost engineering functions involving budget preparation, cost control, forecasting and cost reporting.
  • Tracking, updating, and monitoring of cost control on large projects.
  • Support cost control as per contractual procedures, objectives, and requirements
  • Contact and support Area Project Controls individuals in role execution.
  • The Cost Control Engineer/Specialist may gain further experience by rotating through Estimating, Cost Engineering.


Specific Responsibilities

Cost Engineering:

  • Development and management of the cost control systems to provide project and company management with accurate financial information.
  • Preparation of monthly invoices to Clients in accordance with the Contract requirements.
  • Reviews, process and certifies the monthly sub-consultancy and other service invoices for payment in accordance with its Service Agreement.
  • Maintains payment ledger and prepare monthly billing estimate and accruals.
  • Facilitates the development of the work breakdown structure (WBS), interfacing with Procurement, Engineering, and Finance Departments as needed.
  • Performs some independent analysis of data stored in the project management and cost control systems. Creates presentations using graphs, diagrams, and other exhibits to illustrate cost status.
  • Assist Program/Project Manager’s to update project budget.
  • Updating the system with cost forecasts.
  • Interact with client counterparts and management to plan and schedule cost presentation.
  • Ensuring that project deliverables are completed on time, within budget, and to the satisfaction of the Client.


Other Duties

  • May provide guidance, direction, and specialized assistance to others in the resolution of project control problems.
  • Attend meetings as required and updating meeting minutes and action trackers.
  • Identifying and resolving project issues and conflicts.
  • Performs other functions/responsibilities associated with this position as appropriate.
  • Electronic file management of documents such as Business Contracts, Sub-consultancy contracts, and other essential documents.


Key Relationships

  • Supervision Received - Higher Level Project Control Staff.
  • Supervision Given - May provide technical direction to lower-level Project Controls staff on project.
  • Internal Contacts - All employees on project.
  • External Contacts – Project Clients.
  • Respond positively to feedback from others.


Skills And Competencies

  • Requires basic engineering knowledge in electrical, mechanical, civil, or a related field.
  • Proficient PC skills including a working knowledge of various Project Controls software, Microsoft Office Suite and knowledge of Power BI.
  • Must have good knowledge in using Project Management software tools, and cost management software.
  • Must have strong analytical skills and be able to think strategically.
  • Experience in facilitating and administering multidiscipline meetings with large groups of stakeholders.
  • Good communication and presentation skills.
  • Understanding of the importance of timely reporting and the energy to deliver against demanding deadlines.
  • The ability to build strong relationships and support colleagues Enthusiasm, ideas and drive to grow, learn and develop within our organization.


What Required Skills You’ll Bring

  • Bachelor’s degree in engineering or construction Management, Finance or related field (or equivalent experience)
  • 10+ years of related work experience.


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.

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