Senior Cost Manager - Infrastructure

Parsons; Tabuk; On-site; SAR 35,000 - 52,000; Full time

Job summary

Parsons is seeking a Senior Cost Manager for infrastructure projects in Tabuk, Saudi Arabia. The role focuses on budgeting, cost control, and life‑cycle costing across major civil works, utilities, and road projects.

You will develop detailed estimates, establish WBS‑aligned cost structures, and drive cost certainty through ongoing forecasting and change management. The ideal candidate brings 15+ years in cost management and project controls, fluency with FIDIC/ NEC contracts, and expertise in

Qualifications

• Bachelor’s degree in Civil Engineering, Mechanical Engineering, or a related technical discipline.
• Minimum 15 years of experience in cost management and project controls.
• Extensive Quantity Surveying experience on major construction, engineering, or infrastructure projects.
• Strong understanding of heavy civil construction methods, materials, technical specifications, and sequencing.
• Proven experience preparing feasibility estimates, cost plans, budgets, and life‑cycle cost studies.
• Advanced knowledge of cost control, forecasting, cash flow, and financial reporting.
• Experience assessing variations, claims, payment applications, and final accounts.
• Strong understanding of FIDIC, NEC, or comparable construction contracts.
• Practical experience applying Earned Value Management principles.
• Ability to lead value‑engineering and cost‑optimization activities.
• Expertise in procurement strategy, commercial negotiation, and project risk management.
• Proficiency in Prism, EcoSys, SAP, or similar cost management software.
• Advanced Microsoft Excel capability.

Responsibilities

• Lead feasibility budgets, baseline cost plans, and approved project budgets.
• Prepare detailed estimates for civil works, utilities, structures, roads, and infrastructure systems.
• Conduct life‑cycle costing to evaluate capital, operating, maintenance, and replacement costs.
• Establish cost breakdown structures aligned with the project WBS.
• Implement cost control for commitments, expenditure, accruals, forecasts, and changes.
• Monitor financial performance against the baseline and identify variances.
• Lead value engineering workshops with design, construction, and management teams.
• Negotiate variations and commercial adjustments with contractors.
• Prepare EAC and forecast‑to‑complete calculations.
• Review quotations, rate build‑ups, and cost substantiation.
• Maintain change registers and reflect approved changes in forecasts.
• Coordinate with procurement on contracting strategies and risk allocation.
• Support tender evaluations and cost assessments when required.
• Maintain current cost risk and opportunity registers.
• Provide coaching to junior commercial staff.

Skills

Cost management

Quantity surveying

Project cost control

Feasibility estimating

Baseline budgeting

Life-cycle costing

Cost forecasting

Earned Value Management

Contract administration

Commercial negotiation

Value engineering

Procurement strategy

Education

Bachelor’s degree in Civil/Mechanical Eng

Tools

Prism

EcoSys

SAP

Microsoft Excel

Job description

Senior Cost Manager – Infrastructure

Tabuk, Saudi Arabia

Construction | Budgeting/Cost Control | Full‑time

Job Snapshot

• Experience: Minimum 15 years in cost management and project controls
• Functions: Budgeting / Cost Control
• Industry: Construction
• Location: Tabuk, Saudi Arabia
• Salary: 35 000–52 000 SAR (estimated)
• Gender: Any
• Nationality: Any

Responsibilities

• Lead the development of feasibility budgets, concept estimates, baseline cost plans, and approved project budgets.
• Prepare detailed estimates for major civil works, utilities, structures, roads, earthworks, and infrastructure systems.
• Conduct life‑cycle costing to evaluate capital, operating, maintenance, and replacement costs.
• Establish cost breakdown structures aligned with the project Work Breakdown Structure.
• Implement cost control procedures for commitments, actual expenditure, accruals, forecasts, and approved changes.
• Monitor project financial performance against the approved baseline.
• Identify cost variances, emerging trends, and potential budget overruns.
• Issue early warnings and recommend corrective commercial actions.
• Prepare estimate‑at‑completion and forecast‑to‑complete calculations.
• Review contractor quotations, rate build‑ups, commercial submissions, and cost substantiation.
• Evaluate the financial impact of design revisions, site instructions, scope changes, and variation orders.
• Negotiate variations and commercial adjustments with contractors and project stakeholders.
• Maintain accurate change registers and ensure approved changes are reflected in forecasts.
• Lead value‑engineering workshops with design, construction, operations, and project management teams.
• Assess alternative materials, systems, construction methods, and delivery strategies.
• Quantify potential savings and verify that value‑engineering proposals maintain technical performance.
• Integrate project cost information with approved schedules and progress data.
• Perform Earned Value Management analysis using planned value, earned value, and actual cost.
• Report Cost Performance Index and Schedule Performance Index results.
• Analyze productivity, expenditure trends, and forecast completion costs.
• Prepare monthly commercial reports for senior management and the client.
• Develop cash‑flow forecasts, cost dashboards, variance summaries, and executive presentations.
• Communicate complex financial information clearly to technical and non‑technical stakeholders.
• Administer commercial requirements under FIDIC, NEC, and other applicable contract forms.
• Review progress payment applications and verify completed work.
• Assess claims, provisional sums, prime‑cost sums, and contractual adjustments.
• Support interim payment certification and final payment evaluation.
• Oversee final account preparation, negotiation, agreement, and settlement.
• Coordinate with procurement teams on contracting strategies, packaging, and commercial risk allocation.
• Support tender evaluations and comparative cost assessments when required.
• Maintain current cost risk and opportunity registers.
• Quantify financial exposure and support commercial risk mitigation planning.
• Manage cost specialists, Quantity Surveyors, estimators, and other commercial employees.
• Review team deliverables for accuracy, consistency, and compliance with project procedures.
• Provide coaching and technical guidance to junior commercial professionals.
• Use Prism, EcoSys, SAP, or comparable cost management platforms.
• Apply advanced Microsoft Excel tools for financial modelling, forecasting, and data analysis.
• Maintain complete and auditable cost records throughout the project lifecycle.
• Promote ethical commercial practices, financial integrity, and accurate reporting.
• Complete additional cost‑management responsibilities assigned by project leadership.

Qualifications & Ideal Profile

• Bachelor’s degree in Civil Engineering, Mechanical Engineering, or a related technical discipline.
• Minimum 15 years of experience in cost management and project controls.
• Extensive Quantity Surveying experience on major construction, engineering, or infrastructure projects.
• Strong understanding of heavy civil construction methods, materials, technical specifications, and sequencing.
• Proven experience preparing feasibility estimates, cost plans, budgets, and life‑cycle cost studies.
• Advanced knowledge of cost control, forecasting, cash flow, and financial reporting.
• Experience assessing variations, claims, payment applications, and final accounts.
• Strong understanding of FIDIC, NEC, or comparable construction contracts.
• Practical experience applying Earned Value Management principles.
• Ability to lead value‑engineering and cost‑optimization activities.
• Expertise in procurement strategy, commercial negotiation, and project risk management.
• Proficiency in Prism, EcoSys, SAP, or similar cost management software.
• Advanced Microsoft Excel capability.
• MRICS qualification is highly preferred.
• CCE or CCP certification is highly desirable.
• Strong leadership skills with experience managing multidisciplinary commercial teams.
• Excellent analytical judgment and attention to financial detail.
• Ability to present cost information confidently to clients, executives, engineers, and contractors.
• High professional integrity and commitment to ethical business conduct.
• Strong written and spoken English communication skills.
• Ability to work effectively in a demanding infrastructure project environment.

Skills Set

• Cost management
• Quantity surveying
• Project cost control
• Feasibility estimating
• Baseline budgeting
• Life‑cycle costing
• Cost forecasting
• Estimate at completion
• Forecast to complete
• Cost variance analysis
• Earned Value Management
• Cost Performance Index
• Schedule Performance Index
• Cash‑flow forecasting
• Value engineering
• Variation assessment
• Change control
• Rate build‑ups
• Commercial negotiation
• Progress payment valuation
• Claims assessment
• Final accounts
• FIDIC contracts
• NEC contracts
• Procurement strategy
• Commercial risk management
• Prism
• EcoSys
• SAP
• Advanced Microsoft Excel

Why Join Us

This position offers an experienced cost professional the opportunity to influence financial performance across major infrastructure projects in Tabuk’s growing construction market. The role provides strategic responsibility for budgeting, forecasting, value engineering, contract administration, risk management, and executive commercial reporting. Parsons delivers exposure to complex regional programmes, multidisciplinary delivery teams, and advanced project controls systems, enabling the successful candidate to contribute to high‑value decisions while developing commercial teams and strengthening cost certainty across the project lifecycle.