
Posted 21 days ago
Cost Manager
ParsonsCost Manager
Requirements
Bachelor’s degree in Civil or Mechanical Engineering, Minimum 15 years experience in cost management, Expertise in Prism, Ecosys, or SAP, Advanced Microsoft Excel proficiency, Knowledge of NEC or FIDIC contracts, MRICS or CCE/CCP certification preferred
Skills
Project Management
About the role
Responsibilities
- Lead budget development, including baseline establishment, detailed cost estimates, and life-cycle costing for major infrastructure.
- Implement cost control procedures to track commitments, expenditures, and forecasts while identifying budget variances.
- Manage change processes by evaluating the financial impact of design changes and negotiating with contractors.
- Lead value engineering workshops to identify technical alternatives that reduce costs without compromising quality.
- Perform Earned Value Management (EVM) analysis, reporting on Cost and Schedule Performance Indices.
- Prepare monthly commercial reports, cash flow forecasts, and executive-level financial dashboards.
- Oversee contract administration for NEC or FIDIC contracts, including progress payment valuations and claim assessments.
Requirements
- Bachelor’s degree in Civil Engineering, Mechanical Engineering, or a related field.
- Minimum of 15 years of experience in cost management and project controls within the construction or engineering sectors.
- Expertise in cost management software such as Prism, Ecosys, or SAP.
- Advanced proficiency in Microsoft Excel.
- Deep understanding of construction methods, materials, and technical specifications for heavy civil projects.
- Proven track record in procurement strategies, risk management, and commercial negotiation.
Preferred Qualifications
- MRICS (Member of the Royal Institution of Chartered Surveyors) certification.
- CCE/CCP (Certified Cost Professional) certification.
- Strong leadership skills with experience managing multi-disciplinary commercial teams.
About the Company
Founded in 1944, Parsons Corporation is a digitally enabled solutions provider focused on creating the future of the defense, intelligence, and critical infrastructure markets. We deliver innovative solutions across various sectors, from Earth to outer space, driven by an agile and disruptive approach.
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Parsons · Tabouk
