Senior QS/Cost Manager

Parsons; Jeddah; On-site; SAR 180,000 - 240,000; Full time

Job summary

Parsons is seeking a Senior QS/Cost Manager to manage project costs and ensure financial control. This role involves developing cost strategies, monitoring budgets, and collaborating with stakeholders to mitigate financial risks. Ideal candidates will have over 10 years of related experience in construction, particularly in hospitality projects.

Benefits

Endless growth opportunities

Qualifications

• 10+ years' experience in project controls or financial management in construction.
• Strong understanding of construction cost estimating techniques.
• Certification in project management (PMP) or related field is a plus.

Responsibilities

• Manage and control project costs, ensuring financial objectives are met.
• Develop and implement cost control strategies.
• Prepare budget forecasts and monitor spending against budgets.

Skills

Cost Management

Analytical Skills

Negotiation

Education

Bachelor's degree in construction management

Tools

Procore

Oracle Primavera

Job description

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

When it comes to what you want in your career, if you can imagine it, you can do it at Parsons. Imagine a career working with intelligent, diverse people sharing a common quest. Imagine a workplace where you can be yourself. Where you can thrive. Where you can find your next, right now. We’ve got what you’re looking for.

Job Description:

Parsons is looking for an amazingly talented Senior QS/Cost Manager to join our team! The Senior QS/Cost Manager is tasked with managing and controlling project costs to ensure financial objectives are met. This role involves developing and implementing cost control strategies, preparing budget forecasts, monitoring actual spending against budgets, and identifying variances. The Cost Control Engineer will review and approve the invoices of the Contractor and all the Project Stakeholders. The Cost Control Manager works closely with all project stakeholders to gather cost data, ensuring accurate financial tracking and reporting. The Cost Control Manager is responsible for analyzing cost performance, identifying trends that may impact project finances, and recommending actions to mitigate financial risk. This role reports to the Project Controls Director. Effective communication, strong analytical skills, and expertise in financial project management tools are essential for success in this position.

What You'll Be Doing:

• Will be responsible for exercising a qualified level of cost management including cost planning, controlling and reporting proficiency.

• Responsible for the creation and maintenance of reports to accurately reflect current budgets, invoices and committed costs; projected-to-go or cost-to-complete estimates; budget variances; cash flow projections; and schedule of values for individual projects.

• Provide trending information to assist in forecasting potential problems with cost and time.

• Manage work breakdown structures and revisions.

• Coordinate conceptual estimates for various design and construction estimates to provide program budgets.

• Development and maintenance of automated program cost database.

• Provide, annually, a fiscal budget and past period cost performance report.

• Provide, monthly, a consolidated program cost performance report.

• Proven construction experience in estimating, bidding and job cost preparation; and an understanding of construction contracts, scheduling and general construction management principles is required.

• Construction experience in change order review / negotiations process preferred. Excellent oral and written communication skills.

• Performs tasks required by the Senior Commercial Director and Client on an as needs basis.

What Required Skills / Qualifications You'll Bring:

• Bachelor's degree in construction management, engineering, quantity surveying, or related field

• Proven experience (10+ years) in cost control, project controls, or financial management within the construction industry, preferably on large-scale hospitality projects.

• Strong understanding of construction cost estimating techniques, cost accounting principles, and project management methodologies.

• Proficiency in cost management software, such as Procore, Oracle Primavera, or similar tools.

• Strong negotiation skills and the ability to build and maintain positive relationships with contractors, suppliers, and clients.

• Certification in project management (PMP), cost engineering (AACE), or related field is a plus.

Parsons equally employs representation at all job levels no matter the race, color, religion, sex (including pregnancy), national origin, age, disability or genetic information.

We truly invest and care about our employee’s wellbeing and provide endless growth opportunities as the sky is the limit, so aim for the stars! Imagine next and join the Parsons quest—APPLY TODAY!

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/ .