Associate Project Controls Specialist
6 days ago
Parsons is seeking an amazingly talented **Associate **Project Control Specialist **to join our team In this role you will get to **develop, implement, and maintain cost control (analysis, reporting, forecasting) and /or provide planning function on one or more major projects.**
**What You'll Be Doing**:
- Support the project controls management in developing the baseline budget (resource/revenue/cost) with appropriate WBS (Work Breakdown Structure) interfacing with various disciplines and in coordination with the Project Manager and Scheduler.
- Assist in the analysis, evaluation, forecasting, and reporting of cost status against the established baseline in collaboration with the planning team.
- Prepares/updates various weekly and monthly cost tracking reports.
- Work closely with project teams in establishing monthly and quarterly resource, revenue, and cost projections for projects.
- Performs variance analysis against the baseline projections and follows up on the initiatives and recommended corrective actions and reports to management.
- Utilizes historical data and trends for use in maintaining a realistic basis for future planning and forecasting.
- Assist in monitoring, tracking and reporting on KPIs like projects revenue, costs, billings, collections progress and performs Earned Value Analysis, Net Assets Value etc. Participate in the monthly & quarterly reviews and support the project team in explaining the variances and justifications.
- Assist in the resolution of difficult and complex cost control problems under guidance, direction, and specialized advice from Projects Control engineers and managers.
- Supports the Projects Control Manager / Director in reviewing and finalizing the business plan.
- Assist in customizing project control systems reports to meet specific project requirements.
- May interface with clients, attend regular meetings, and provide statistical reports.
- Coordinating with other Departments to ensure that all costs are properly charged on jobs and project cost control person has full visibility.
- Performs other responsibilities associated with this position as may be appropriate.
**What Required Skills You'll Bring**:
- Bachelor’s degree in engineering, accounting, finance or related field from an accredited university/ institution is required.
- Minimum 5 years of related work experience in projects controls, invoice review, budgeting, forecasting, and financial reporting of mega engineering construction or entertainment construction project is required.
- Excellent written and oral communications skills in English is required.
- Proficient PC skills in MS Office (Advance Excel skills) & power BI is required.
- Proven ability and team working skills to perform in this capacity.
**What Desired Skills You'll Bring**:
- Professional degrees like CA, CPA, CIMA or ACCA is desirable.
- A track record with PMC and Main Contractors would be a suitable background.
- Strong knowledge of industry practices and standards.
**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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