Senior Cost Specialist

Parsons Oman; Chelmsford; On-site; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Senior Cost Specialist to oversee budgeting and cost control for significant projects. In this pivotal role, you will collaborate with project teams to establish baseline budgets, analyze cost statuses, and prepare comprehensive tracking reports. Your expertise in forecasting and variance analysis will guide the project towards financial success. This innovative company values diversity and invests in employee growth, offering a dynamic work environment where your contributions will shape the future of major projects. Join this forward-thinking team and take the next step in your career!

Qualifications

• 5-10 years of experience in cost management roles.
• Professional affiliations such as ACA, CMA, or ACCA.

Responsibilities

• Manage forecasting, budgeting, and cost control for major projects.
• Prepare and update weekly and monthly cost tracking reports.
• Perform variance analysis and recommend corrective actions.

Skills

Cost Control

Forecasting

Budgeting

Advanced Excel

Stakeholder Management

Power BI

Communication Skills

Education

Bachelor's degree in Commerce

Bachelor's degree in Engineering

Bachelor's degree in Finance

Job description

Job Description:

Parsons is looking for an experienced Senior Cost Specialist to join our team. In this role, you will manage forecasting, budgeting, and cost control for a major project in KSA.

What You'll Be Doing:

1. Set up baseline budgets with an appropriate WBS, coordinating with project teams and the Project Manager.
2. Analyze, evaluate, forecast, and report on cost status against the baseline.
3. Prepare and update weekly and monthly cost tracking reports.
4. Establish resource, revenue, and cost projections in coordination with project teams.
5. Perform variance analysis and recommend corrective actions.
6. Use historical data for future planning and forecasting.
7. Monitor project progress and perform Earned Value Analysis.
8. Participate in reviews and support the team in explaining variances.
9. Provide guidance for complex cost control issues.
10. Support the Project Director in reviewing the business plan.
11. Complete performance reviews and support personnel development.
12. Customize project control systems as needed.
13. Interface with clients and attend meetings, providing statistical reports.
14. Coordinate with departments to ensure proper cost charging and visibility.
15. Perform other related responsibilities.

Required Skills:

• Bachelor's degree in Commerce, Engineering, or Finance with 5-10 years of experience.
• Professional affiliations such as ACA, CMA, or ACCA.
• Strong communication skills.
• Advanced Excel skills.
• Stakeholder management abilities.
• Knowledge of Power BI.

Parsons values diversity and equal opportunity at all job levels. We invest in our employees' wellbeing and offer growth opportunities. Join us and imagine your next career move—APPLY TODAY!

Be aware of fraudulent recruitment practices. For more information, visit parsons.com/fraudulent-recruitment.