Senior Asset Lifecycle Strategy Director

Parsons; Riyadh; On-site; SAR 65,000 - 85,000; Full time

Job summary

Parsons Corporation seeks an Asset Lifecycle Director - Strategic Planning in Riyadh to lead multi-decade capital investment planning across a giga-project portfolio. You will integrate engineering condition data, financial forecasts, and maintenance history to drive lifecycle strategies and Total Cost of Ownership optimization.

The role requires senior leadership, 20+ years in lifecycle costing, and a track record delivering multi-decade investment plans for large infrastructure programs.

Qualifications

• Bachelor level degree in mechanical/asset management or related engineering field.
• Master's degree preferred; strong track record in lifecycle planning and capital investment.

Responsibilities

• Develop 10–30 year Capital Asset Replacement Plans for utilities, transportation, and public realm assets.
• Maintain rolling lifecycle forecasts based on asset condition and degradation rates.
• Translate lifecycle data into long-range CAPEX forecasts for finance and executives.
• Develop life-cycle cost models and scenarios for investment decisions.
• Coordinate with multiple teams to ensure asset data integrity and governance.

Skills

Capital Planning

Lifecycle Costing

Reliability Engineering

Strategic Asset Management

Long-Term Capital Forecasting

Risk-Based Investment Planning

Executive Reporting

Project Governance

Stakeholder Collaboration

Education

Bachelor's degree in Mechanical Engineering

Master's degree (strongly preferred)

Tools

SAP-EAMS

Enterprise Asset Management Systems

Job description

Parsons Corporation seeks an Asset Lifecycle Director - Strategic Planning in Riyadh to lead multi-decade capital investment planning across a giga-project portfolio. You will integrate engineering condition data, financial forecasts, and maintenance history to drive lifecycle strategies and Total Cost of Ownership optimization.

The role requires senior leadership, 20+ years in lifecycle costing, and a track record delivering multi-decade investment plans for large infrastructure programs.