Senior Cost Manager

2 weeks ago

Riyadh, Ar Riyāḑ, Saudi Arabia Parsons Full time

Ready to put your estimating expertise to work on marquee infrastructure projects that will change the fabric of our community? Would you enjoy being involved on a wide variety of estimation tasks on large scale, complex projects? Parsons is now hiring a Cost Manager for Rail for our rapidly expanding transportation projects.


Parsons extensive experience in this field combined with your strong estimating experience and engineering knowledge, will propel your career forward with opportunity to lead teams.

We need our Managers at this level to be fully qualified professionals with solid experience, and independently complete complicated assignments.

In this role, you will analyze costs, estimate project budgets during the whole project's life cycle, in the preliminary phase (business case), in pre-tender and post tender phases, monitor and control of the Project during execution, assess vendor relationships, and maximize profitability.

You will complete a wide variety of difficult estimating activities (individual or as part of a team), including developing estimates in company database estimating software, utilizing estimating tools and equipment, writing estimate narratives, reviewing and updating estimate procedures, supporting estimate database updates with project historical data, leading estimate task teams, and evaluating and rating estimator performance on an assigned project/program.

All the above duties will be executed with the supported by your team consisted of Cost Controller and Quantity Surveyors

Responsibilities:

The Cost Manager is required to cover a wide range of responsibilities:

  • Provide critical assessment of all budgets and cost projections.
  • Assess all incoming products, resources, and services to ensure the best price
  • Maintain vendor and service provider relationships
  • Remain acutely aware of market trends that could impact resource costs
  • Keep up to date on new vendors and possible costcutting partnerships
  • Analyze invoices to ensure correct products/services were received at the expected cost
  • Collaborate with department heads to strategize ways to minimize waste
  • Demonstrate a comprehensive understanding of the interdependency of cost drivers
  • Understand the entire arc of the business and how productivity impacts profitability
  • Commit to maximizing efficiency at all levels without compromising quality
  • Develop and implement proactive solutions and costcutting measures
  • Present new strategies and assessments to stakeholders in a compelling fashion
  • Educate and persuade stakeholders to procure buyin and cooperation
  • Roll out clear costsaving programs with timelines and assessment goals
  • Responsible to control and monitor project total expenditure including verifying and checking of invoices and claims from suppliers, vendors and subcontractors to ensure that all project expenditures are captured and properly recorded.
  • Provide planning and cost controlling support for all projects which includes variation reporting, monitoring of milestone progress to the preparation of customer billing processes, etc
  • Perform and manage project activity scheduling and monitoring
  • Perform technical and commercial review of EPCI long time tenders (subcontractor's quotations) for the preparation of Service agreements
  • Ensure effective project implementation and utilize productive reports from the creation of WBS with the use of project management system to monitor the status of all purchases, invoicing and delivery up to the closure of the project.
  • Prepare monthly vessel movement report for the monitoring of the vessel activities daily and register all downtime, consumptions and vessel related issues relating to the project promptly to the project manager and management.
  • Coordinate and work with the project management team to resolve project issues to ensure the delivery/completion of the project work.
  • Attend project meetings and discussions with the PMT and external clients
  • Perform project costing related reporting to the team and management's review on a monthly basis to ensure that expenditures are kept within the project budget.
  • Provide cost control and planning advice to the internal PMT team as and when required.
  • Undertake any other adhoc duties as required.
Although, his team will support him,
the Cost Manager must be able to:

  • Deliver quality controlled estimates for projects and programs as assigned related with Rail Infrastructure, Civil Works, and EMP.
  • Define and delineates project or program scope utilizing a topdown work breakdown structure (WBS), prepares material takeoffs in accordance with the WBS as defined by concept documents, and design drawings, plans and specifications.
  • Develop detailed resource costs for work activities based on the planned schedule of execution, applies project burdens and indirect costs, applies dictated fees and taxes, defines costs associated with contract general conditions, and applies expected

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