Senior Cost Manager

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Job Description:

Senior Cost Manager to join the team working in KSA, a revolutionary urban development project. This role requires a professional with a minimum of 10 years of experience in cost management on large-scale, complex infrastructure or mega-projects.

Key Responsibilities

• Project Cost Control: Develop, implement, and manage comprehensive cost control systems, including budgeting, forecasting, and earned value management across various work packages for The Line project.

• Budget Management: Establish and manage the overall project budget, ensuring robust financial governance and alignment with project scope and schedule.

• Cost Reporting & Analysis: Prepare detailed, timely, and accurate cost reports, variance analysis, and cash flow projections for project stakeholders and senior management.

• Risk Management: Identify, assess, and manage cost-related risks, developing mitigation strategies and managing the project contingency budget.

• Contract Administration: Oversee cost-related aspects of contract administration, including managing variations, claims, and final account settlements with contractors and suppliers.

• Team Leadership: Mentor and lead a team of cost professionals, fostering best practices and ensuring consistent application of cost management procedures.

• Stakeholder Communication: Serve as the primary point of contact for cost matters, effectively communicating financial status and recommendations to internal teams, external consultants, and NEOM leadership.

Qualifications & Requirements

• Experience: A minimum of 10 years of progressive experience in cost management, quantity surveying, or commercial management, with significant exposure to major civil, infrastructure, or vertical construction mega-projects. Experience in the Middle East is highly desirable.

• Education: A Bachelor's degree in Quantity Surveying, Construction Management, Engineering, or a related field. Professional certifications (e.g., MRICS, PQS, or equivalent) are essential.

• Skills: Expertise in cost estimating software, project management information systems (PMIS), and advanced proficiency in financial modeling and data analysis.

• Aptitude: Proven ability to operate effectively in a fast-paced, complex, and culturally diverse environment, demonstrating strong leadership, commercial acumen, and negotiation skills.

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!

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