Job Description:

Parsons is looking for an amazingly talented Senior Cost Engineer to join our team! In this role you will get to work on one of the fastest growing projects in the kingdom .

What You'll Be Doing:

• Develop accurate and comprehensive cost estimates for projects, considering all relevant factors and variables.

• Collaborate with project managers, engineers, and other stakeholders to establish project budgets.

• Conduct cost analysis and benchmarking to ensure competitiveness and cost effectiveness.

• Review and validate cost estimates provided by contractors and suppliers.

• Monitor project costs throughout the project lifecycle, ensuring adherence to budgetary constraints.

• Analyze and report on cost variances, identifying potential cost overruns or savings opportunities.

• Track and manage change orders, assessing their impact on project costs.

• Implement cost control measures to optimize project costs and minimize financial risks.

• Prepare regular financial reports, including cost forecasts, budget updates, and expenditure analysis.

• Provide accurate and timely cost data to support financial decision-making and reporting requirements.

• Conduct financial analysis to identify trends, patterns, and opportunities for cost optimization.

• Collaborate with finance and accounting teams to ensure accurate cost allocation and reporting.

• Identify and assess potential risks and uncertainties that may impact project costs.

• Collaborate with project teams to develop risk mitigation strategies and contingency plans.

• Evaluate the financial impact of risks and propose appropriate cost control measures.

• Monitor and report on the effectiveness of risk mitigation actions.

• Identify opportunities to enhance cost engineering processes, methodologies, and tools.

• Implement best practices and standardized procedures to improve cost estimation accuracy.

• Conduct lessons learned sessions to capture and share cost-related insights and recommendations.

• Stay updated on industry trends and innovations in cost engineering practices.

• Collaborate with project managers, engineers, procurement teams, and other stakeholders to gather cost-related information.

• Provide cost-related guidance and support to project teams and stakeholders.

• Communicate cost-related information effectively to non-technical stakeholders.

• Foster strong relationships with internal and external stakeholders to ensure collaboration and alignment.

What Required Skills You'll Bring:

• Bachelor's Degree in Engineering or Construction Management or related field (or equivalent experience).

• Typically 10 years of related work experience.

• Proficient PC skills including proficiency in various Project Controls software and Microsoft Office Suite.

What Desired Skills You'll Bring:

• Excellent Oral and Written Communication Skills

• Prior PMC experience is advantageous

• Ability to multi task as and when required

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.

About Us

Parsons is a digitally enabled solutions provider focused on the defense, security, and infrastructure markets. With nearly 75 years of experience, Parsons is uniquely qualified to deliver cyber/converged security, technology-based intellectual property, and other innovative services to federal, regional, and local government agencies, as well as to private industrial customers worldwide.

Parsons is an equal opportunity, drug-free employer committed to diversity in the workplace. Minority/Female/Disabled/Protected Veteran/LGBTQ+.

For more about Parsons, visit parsons.com and follow us on Facebook, Twitter, LinkedIn, and YouTube.