Cost Manager

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At Parsons, you can imagine a career where you thrive, work with exceptional people, and be yourself. Guided by our leadership vision of valuing people, embracing agility, and fostering growth, we cultivate an innovative culture that empowers you to achieve your full potential. Unleash your talent and redefine what’s possible.

Job Description:

Parsons is seeking a Senior Cost Manager with a strong technical foundation to oversee the financial performance of large-scale, complex infrastructure projects. You will be responsible for the end-to-end cost management lifecycle, from initial feasibility budgeting through to final account settlement. This role requires a strategic thinker who can integrate engineering principles with commercial acumen to drive project profitability and financial transparency.

What You'll Be Doing

• Budget Development: Lead the establishment of baseline budgets, performing detailed cost estimates and life-cycle costing for major civil works and infrastructure.

• Cost Control & Monitoring: Implement robust cost control procedures to track commitments, expenditures, and forecasts. Identify variances against budget and provide early warnings on potential overruns.

• Change Management: Evaluate the financial impact of design changes, site instructions, and variations. Negotiate with contractors and stakeholders to ensure value for money.

• Value Engineering: Utilize your civil engineering background to lead value engineering workshops, identifying technical alternatives that reduce costs without compromising quality or safety.

• Earned Value Management (EVM): Integrate cost data with project schedules to perform EVM analysis, reporting on Cost Performance Index (CPI) and Schedule Performance Index (SPI).

• Financial Reporting: Prepare comprehensive monthly commercial reports, cash flow forecasts, and executive-level financial dashboards.

• Contract Administration: Oversee the commercial aspects of various contract types (e.g., NEC, FIDIC), including progress payment valuations and claim assessments.

What Required Skills You'll Bring

• Education: Bachelor’s degree in Civil Engineering/ Mechanical Engineering or related field.

• Experience: Minimum of 15 years of experience in cost management and project controls within the construction or engineering sectors.

• Technical Expertise: Deep understanding of construction methods, materials, and technical specifications for heavy civil and infrastructure projects.

• Software Proficiency: Expert knowledge of cost management software (e.g., Prism, Ecosys, or SAP) and advanced proficiency in Microsoft Excel.

• Commercial Insight: Proven track record in procurement strategies, risk management, and commercial negotiation.

• Certifications: MRICS (Member of the Royal Institution of Chartered Surveyors) or CCE/CCP (Certified Cost Professional) is highly preferred.

What Desired Skills You'll Bring

• Strong leadership skills with the ability to manage multi-disciplinary commercial teams.

• Excellent analytical skills with high attention to detail.

• Ability to communicate complex financial data effectively to technical and non-technical stakeholders.

• Unyielding commitment to ethical business practices and financial integrity.

Parsons equally employs representation at all job levels no matter the race, color, religion, sex (including pregnancy), national origin, age, disability or genetic information.

We truly invest and care about our employee’s wellbeing and provide endless growth opportunities as the sky is the limit, so aim for the stars! Imagine next and join the Parsons quest—APPLY TODAY!