Project Cost Specialist

2 months ago


Riyadh, Saudi Arabia Parsons Full time

_Set up baseline budget (resource/revenue/cost) with appropriate WBS (Work Breakdown Structure) interfacing with various disciplines and in coordination with the Project Manager and Scheduler. _
- _Analyze, evaluate, forecast and report cost status against the established baseline _in collaboration with planning team _
- _Prepares/updates various weekly and monthly cost tracking reports _
- _Establishes resource, revenue and cost projections for projects in coordination with project teams _
- _Performs variance analysis against the bassline projections and initiate/recommend corrective actions _
- _Utilizes historical data and trends for use in maintaining a realistic basis for future planning and forecasting _
- _Monitors and tracks project progress and performs Earned Value Analysis _
- Participate in the monthly & quarterly reviews and support the project team to explain the variances, justifications
- Provides guidance, direction, and specialized assistance for the resolution of difficult and complex cost control problem
- Supports the Project Director in reviewing and finalizing the business plan
- Completes performance reviews for direct reports and provides personnel development
- Customizes project control systems to meet specific project requirements
- May interface with clients, attends regular meetings, and provides 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

**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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