Cost Specialist

1 week ago

Riyadh, Saudi Arabia Parsons Full time

Parsons is looking for an amazingly talented **Cost Specialist - Roads, Civil, Structures **to join our team In this role you will get to **Insert one sentence summary of key job role **.

Responsibility for Parsons’s Cost Engineering for SAPL Qiddiya Infrastructure Partner (QIDP). Responsible and accountable for ensuring that all work is in full coordination with Qiddiya Investment Company (QIC) and delivery partners. Reports directly to the Senior Finance Manager

This is an exciting opportunity to work at the forefront of one of the most transformative projects in Saudi Arabia's history. A visionary giga-project that aims to create a world-class entertainment, sports, and cultural destination, offering unparalleled experiences to visitors from around the globe. Our project aims to deliver a world-class entertainment and tourism destination, showcasing thrilling attractions, diverse entertainment offerings, and captivating cultural experiences.

**What You'll Be Doing**:

- Provides leadership to the Cost/QS Group and in conjunction with the Project Controls Manager assigns priorities.
- Monitors the review and coordination of project-related payments, i.e., payment certificates and invoices for contractors and consultants.
- Checks and approves work performed by the Senior and Cost/QS Engineers as necessary.
- Responsible to provide the financial report status of construction contracts and consultancy agreements that will be issued regularly.
- Manages the preparation and update of the monthly the cash flow expenditures and budget forecast for submittal to managment.
- Makes recommendations to management regarding variation orders, contractor’s cost proposals and engineer’s recommendations; and the cost impact of revisions or changes in design as required.
- Manages the checks and verification of the consultants estimates.
- Supports the tender process and financial evaluation of bids as required.
- Performs cost-benefit analysis as required.
- Monitors and reports on the progress any conditions which would affect project cost.
- Prepare the needed reports.
- Ensures adherence to all corporate, contractual, ethics and safety standards, policies, and procedures.
- Performs other responsibilities associated with this position as may be appropriate

**What Required Skills You'll Bring**:

- Degree in Engineering or related discipline (or equivalent)
- Minimum 6 years’ experience in construction projects, specifically management experience across multi-disciplinary teams.
- Strong communication skills in English, written and spoken.
- Experience in Budgeting and Forecasting Project, Program and internal costs and developing Cashflow reports.
- Demonstrated teamwork and management skills.
- Proven experience of working within complex construction environment.
- Ability to follow through & clearly deliver work instructions in a complex stakeholder environment. Ability to work in a matrix organization (dual reporting). Ability to interact with senior-level management.

**What Desired Skills You'll Bring**:

- Experience in Microsoft office suite, PRISM, and Power BI
- Advantageous to have extensive experience of significant PM/CM contracts.

**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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