Cost and Estimation Section Manager

Parsons; Riyadh; On-site; SAR 1,800,000 - 3,000,000; Full time

Job summary

Parsons is seeking a highly experienced Cost and Estimation Section Manager to lead the Cost Management team across multiple project packages. You will develop cost control procedures, budgets, and cash flow forecasts, while monitoring budgets and delivering monthly reports and variance analyses.

You will review contractor claims, assess cost benchmarking, and advise on cost implications of project changes. Strong leadership and stakeholder management are essential.

Qualifications

• Bachelor's Degree in Quantity Surveying, Cost Engineering, Civil Engineering, Construction Management, or a related discipline.
• Typically 18+ years of experience in cost management within a large developer, PMCs, or international engineering consultancy.
• Minimum 10 years of experience leading a Cost Management or Quantity Surveying team.
• Extensive experience in pre-contract and post-contract cost management.
• Proven experience in budget management, forecasting, and cash flow reporting.
• Strong knowledge of Cost Optimization, Benchmarking, and Cost Reporting.

Responsibilities

• Lead and manage the Cost Management team across multiple project packages.
• Develop and implement cost control procedures, processes, and best practices to ensure effective project cost management.
• Develop and maintain project budgets, and cash flow forecasts throughout the project lifecycle.
• Monitor project budgets and provide monthly cost reports, forecasts, and variance analyses.
• Track and report project costs against approved budgets, including committed costs, incurred costs, actual/paid costs, forecasts, and final/out-turn costs.
• Review, validate, and verify all commercial and financial performance aspects of the project, including assessment of contractor claims, cost benchmarking, forecast accuracy, and overall financial performance.
• Conduct risk analysis and advise on cost implications of the project changes
• Evaluate contractor claims, variations, change orders, and payment applications.
• Support procurement strategy, contract packaging, and commercial negotiations.
• Establish and maintain cost databases, benchmarking data, and historical cost records.
• Ensure compliance with POMI, NRM, CESMM, CSI, Uniclass, and other applicable measurement standards.
• Coordinate with design consultants, contractors, project controls, procurement, and other stakeholders to ensure effective cost control.
• Prepare final accounts and support project closeout activities.

Skills

Leadership

Cost Management

Budgeting

Forecasting

Stakeholder Mgmt

Negotiation

Microsoft Office

PMWeb

Power BI

Primavera

Education

Bachelor's Degree in Quantity Surveying, Cost Engineering, Civil Engineering, Construction Management, or a related discipline

Tools

PMWeb

Power BI

Primavera

Job description

In a world of possibilities, pursue one with endless opportunities. Imagine Next!

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 looking for an amazingly talented Cost and Estimation Section Manager to join our team!

What You'll Be Doing:

• Lead and manage the Cost Management team across multiple project packages.

• Develop and implement cost control procedures, processes, and best practices to ensure effective project cost management.

• Develop and maintain project budgets,and cash flow forecasts throughout the project lifecycle.

• Monitor project budgets and provide monthly cost reports, forecasts, and variance analyses.

• Track and report project costs against approved budgets, including committed costs, incurred costs, actual/paid costs, forecasts, and final/out-turn costs.

• Review, validate, and verify all commercial and financial performance aspects of the project, including assessment of contractor claims, cost benchmarking, forecast accuracy, and overall financial performance

• Conduct risk analysis and advise on cost implications of the project changes

• Evaluate contractor claims, variations, change orders, and payment applications.

• Support procurement strategy, contract packaging, and commercial negotiations.

• Establish and maintain cost databases, benchmarking data, and historical cost records.

• Ensure compliance with POMI, NRM, CESMM, CSI, Uniclass, and other applicable measurement standards.

• Coordinate with design consultants, contractors, project controls, procurement, and other stakeholders to ensure effective cost control.

• Prepare final accounts and support project closeout activities.

What Required Skills You'll Bring:

• Bachelor's Degree in Quantity Surveying, Cost Engineering, Civil Engineering, Construction Management, or a related discipline.

• Typically 18+ years of experience in cost management within a large developer, PMC, or international engineering consultancy.

• Minimum 10 years of experience leading a Cost Management or Quantity Surveying team.

• Extensive experience in pre-contract and post-contract cost management.

• Proven experience in budget management, forecasting, and cash flow reporting.

• Strong knowledge ofCost Optimization, Benchmarking, and Cost Reporting.

• Excellent leadership, communication, negotiation, and stakeholder management skills.

• Advanced proficiency in Microsoft Office applications.

• Working knowledge of cost management software and reporting tools such as PMWeb, Power BI, Primavera, or equivalent platforms.

What Desired Skills You'll Bring:

• Cost Control Systems and procedures

• Budget Control

• Cost management

• Quantity Surveying

• Cost Reporting & Forecasting

• Claims & Variations Evaluation

• Cash Flow Management

• Cost Optimization & Savings Initiatives

• Strong leadership, communication, and analytical 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.

Parsons is aware of fraudulent recruitment practices. To learn more about recruitment fraud and how to report it, please refer to https://www.parsons.com/fraudulent-recruitment/ .

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.