Senior Cost Control Specialist

7 days ago

الرياض, Saudi Arabia Parsons Full time

Parsons is seeking an amazingly talented **Cost Control Manager **to join our team In this role you will get to **develop, implement, and maintain cost control, and/or provides planning function on one or more larger projects.
**What You'll Be Doing**:

- 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 the 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 initiates/recommends 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 and 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, 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 accounting/finance or related field from an accredited university/ institution is required.
- 10+ years of related work experience in 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 leadership skills to perform in a management capacity.

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

- Professional degrees like CA, CPA or ACCA will be preferred.
- A track record with PMC and Main Contractors would be a suitable background.
- Comprehensive 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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