Senior Cost Control Engineer - Infrastructure Projects Job Snapshot - Role: Senior Cost Control Engineer - Location: Riyadh, Saudi Arabia - Industry: Construction - Function: Budgeting/Cost Control - Experience: 12 years - Job Type: Full Time - Work Arrangement: On-site
Position Overview Parsons is seeking an experienced Senior Cost Control Engineer to support cost estimating, budgeting, forecasting, and financial performance monitoring across a portfolio of infrastructure and construction projects in Riyadh, Saudi Arabia. Working within a Project Management Office (PMO) environment, you will support the Senior Cost Manager and Controls Manager in implementing effective pre-contract and post-contract cost management procedures. The role involves reviewing construction estimates, validating project cost data, monitoring budgets and expenditures, assessing variations and claims, and preparing accurate cost forecasts and management reports. You will work closely with the Client, Project Management and Construction Management (PMCM) teams, contractors, and internal stakeholders to maintain consistent cost control practices and provide reliable financial information for project decisions. The successful candidate will have at least 12 years of experience in cost estimating and cost control, strong knowledge of engineering and construction practices, and proficiency in Earned Value Management (EVM) methodologies.
Job Details
- Country: Saudi Arabia
- City: Riyadh
- Industry: Construction
- Function: Budgeting/Cost Control
- Salary: Not disclosed
- Gender: No Preference
- Candidate Nationality: Not specified
- Job Type: Full Time
- Work Arrangement: On-site
Key Responsibilities
Cost Estimating and Budget Development
- Review material takeoffs, engineering drawings, and construction plans for complex projects.
- Prepare detailed cost breakdowns covering project systems, subsystems, and individual work components.
- Analyze contract documents and modifications to identify scope requirements and potential cost implications.
- Review and validate task and subtask estimates, including labor rates, unit costs, and quantity calculations.
- Assign material, equipment, and labor costs to estimates based on project requirements.
- Obtain vendor quotations when necessary to support cost estimating activities.
- Support the development and validation of project budgets during pre-contract and post-contract stages.
- Maintain historical cost information, estimating norms, and cost databases to support consistent estimating practices.
Project Cost Control and Performance Monitoring
- Collect, validate, and maintain accurate project cost information across the program.
- Monitor project financial performance against approved cost baselines.
- Perform independent cost variance analysis and identify deviations from established budgets.
- Support the implementation and maintenance of project cost control systems.
- Apply Earned Value Management methodologies to assess cost performance.
- Monitor project commitments, expenditures, and financial progress.
- Assist in preparing and updating Estimates at Completion (EAC).
- Identify emerging cost trends and communicate potential financial risks to project management.
Change Management and Cost Impact Assessment
- Assess the financial impact of proposed design and construction changes.
- Review Change Orders, variations, and contractor claims.
- Perform quantity takeoffs and evaluate associated cost implications.
- Compare proposed changes against approved baseline budgets.
- Review contract modifications to identify changes in project scope and commercial requirements.
- Prepare cost assessments to support management review of variations and claims.
- Coordinate with PMCM teams and contractors to clarify cost-related discrepancies.
- Support consistent evaluation and reporting of project changes.
Interim Payment Application Reviews
- Review Interim Payment Applications and Interim Payment Certificates following PMCM assessments.
- Verify submitted quantities, measurement methodologies, and valuation calculations.
- Assess payment submissions against applicable contractual entitlements.
- Review supporting documentation for accuracy and consistency.
- Identify discrepancies in quantities, rates, or valuation methods.
- Coordinate with PMCM commercial teams to resolve payment assessment issues.
- Provide cost control input to support accurate payment reviews.
Cost Forecasting and Cash Flow Management
- Develop and maintain program-level cash flow forecasts.
- Review forecast expenditure against approved budgets and project commitments.
- Monitor financial trends and potential changes in project cost performance.
- Support the preparation and updating of cost forecasts throughout project delivery.
- Assist the Senior Cost Manager and Controls Manager in evaluating projected financial outcomes.
- Maintain consistent cost information for forecasting and management reporting.
- Identify potential budget pressures and provide supporting financial analysis.
Cost Reporting and Management Dashboards
- Prepare and issue monthly project cost reports for internal management and Client review.
- Develop dashboards, presentations, and analytical summaries to communicate project financial performance.
- Use charts and visual reporting tools to present cost trends, variances, and forecasts.
- Prepare cost performance information for project management discussions.
- Maintain accurate reporting records and supporting cost data.
- Ensure consistency and clarity across cost reports and management presentations.
- Provide analytical information to support project and program-level decision-making.
Stakeholder Coordination and Commercial Support
- Coordinate with the Client, PMCM teams, contractors, and internal project personnel on cost-related matters.
- Participate in project cost reviews and commercial coordination meetings.
- Prepare presentations and supporting cost analyses for stakeholder discussions.
- Assist in resolving inconsistencies between cost estimates, project budgets, and reported expenditures.
- Support alignment between estimating, cost control, and commercial management activities.
- Communicate cost-related findings and recommendations to relevant stakeholders.
- Maintain effective coordination across multidisciplinary project teams.
Technical Guidance and Quality Review
- Provide guidance and mentoring to junior cost engineers and estimators.
- Review cost estimates, analyses, and reports prepared by junior team members.
- Verify the accuracy and completeness of cost control deliverables.
- Promote consistent application of approved estimating and reporting methodologies.
- Support improvements in cost data quality and reporting practices.
- Ensure cost-related submissions are clear, accurate, and consistent with project requirements.
Required Qualifications and Experience
- Bachelor 's degree in Civil Engineering, Construction Management, or a related field.
- Minimum 12 years of professional experience in cost estimating and cost control.
- Experience supporting large-scale infrastructure or construction projects.
- Strong knowledge of engineering, procurement, and construction practices.
- Proficiency in cost estimating techniques and cost control methodologies.
- Experience applying Earned Value Management principles and methodologies.
- Ability to review project budgets, cost estimates, expenditures, and financial forecasts.
- Strong analytical skills for evaluating cost performance and financial variances.
- Excellent written and verbal communication skills in English.
- Strong presentation skills and the ability to communicate complex cost information effectively.
Technical Skills and Knowledge
- Pre-contract and post-contract cost management.
- Construction cost estimating and budget development.
- Material takeoffs and quantity-based cost analysis.
- Labor, equipment, and material cost estimation.
- Contract document and scope change analysis.
- Cost baseline monitoring and variance analysis.
- Earned Value Management methodologies.
- Estimates at Completion and cost forecasting.
- Project commitments and expenditure monitoring.
- Change Order, variation, and claims cost assessment.
- Interim Payment Application and Certificate reviews.
- Program-level cash flow forecasting.
- Historical cost databases and estimating norms.
- Monthly cost reporting and financial dashboards.
- Cost performance presentations and analytical reporting.
- PMO cost control procedures and stakeholder coordination.
Key Professional Competencies
- Strong numerical and analytical abilities.
- Accuracy and attention to detail in financial assessments.
- Effective cost forecasting and problem-solving skills.
- Ability to interpret engineering drawings and contract documents.
- Commercial awareness and understanding of construction cost drivers.
- Clear technical communication and reporting.
- Ability to coordinate with multidisciplinary project teams.
- Strong organizational and documentation skills.
- Ability to identify emerging cost risks and performance deviations.
- Technical mentoring and quality review capabilities.
Working at Parsons Parsons provides a collaborative environment where engineering and project controls professionals contribute to complex infrastructure and construction programs. The company emphasizes technical excellence, innovation, adaptability, and professional development. As a Senior Cost Control Engineer, you will contribute to reliable financial forecasting, cost performance monitoring, and effective commercial governance across a portfolio of projects.
Equal Employment Opportunity
Parsons is committed to equal employment opportunity and fair representation at all job levels without discrimination based on race, color, religion, sex, pregnancy, national origin, age, disability, or genetic information.
Recruitment Fraud Awareness Parsons advises applicants to remain alert to fraudulent recruitment practices. Information about recruitment fraud and how to report suspicious recruitment activities is available through the company 's official website.