Cost Engineer

Parsons; Northern (KY); Hybrid; USD 75,000 - 131,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Paid time off

ESOP (Employee Stock Ownership Plan)

401(k)

Life insurance

Flexible work schedules

Holidays

Job summary

Parsons is seeking a skilled Cost Engineer to coordinate estimates and ensure quality control of all bid and negotiated project costs. The role involves tracking budgets, validating funding for changes, and producing timely cost analyses.

You will work under the Cost Control Manager to support master schedules, assist in cost evaluations, and collaborate across cross-functional teams to manage construction contract budgets.

Qualifications

• University degree in Engineering or Construction Management or related field required.
• Cost control certifications such as CCP are a plus.
• Entry level – College degree or 4 years' experience; Advanced – minimum of five years in project controls or cost controls.

Responsibilities

• Support planning, coordination, and evaluation of project financials and status reports.
• Track approved contract budgets and issue progress reports.
• Review cost proposals and verify basis of estimated cost and direct/indirect costs.
• Maintain change management logs and assist in contract change negotiations.

Skills

Cost control

Budget tracking

Cross-functional collaboration

Contract cost estimates

Education

University degree in Engineering or Construction Management

Tools

CCP Certification

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 Engineer to join our team! In this role The Cost Engineer is Responsible for coordination of estimates to assure quality control and timely completion of indirect and direct cost estimates of all bid and negotiated projects. Oversees the use and maintenance of change management logs..

What You'll Be Doing:

• Works under direction of the Cost Control Manager to support the planning, coordination, and evaluation of the project financial and status reports, and presentations. Communicates promptly and effectively to requests for response, research and information, gathers answer through communications with department staff. Responsible and accountable for tracking the approved contract budgets and for issuing appropriate progress reports as required. Reviews monthly cost reports generated by the contractor and reconciles with current contractual documents Reviews funding availability and validates funding of change orders, supplemental agreements, and work orders. Assists on a continual basis in the analyses and appraisals of contract costs.
• Reviews cost proposals from contractor to verify basis of estimated cost, including pricing structure, level of effort, material pricing, and associated direct/indirect costs. Tracks project budgets including allowances, schedule of values, owner and contractor contingency funds. Facilitates paperwork for proper transfer of funding items as required by the contract type. Other tasks as may be assigned.What Required Skills You'll Bring:
• Develops, implements, and maintains change management control logs for use by Resident Engineers, Assistant Resident Engineers, Project Engineers, and Office Engineers. Assist Area Construction Managers, Resident Engineers, Schedulers and Estimators in the evaluating contractor change notice documentation. Assist Area Construction Managers, Resident Engineers, Assistant Resident Engineers, as requested, in the negotiation of contract changes. Coordinate with and assist Senior Scheduler in the development of Master Schedules. Participate in constructability reviews as directed. Participate in the preparation of cost estimates as requested to support the evaluation of construction changes. Demonstrated ability to work collaboratively in cross-functional teams Manages Construction contract budget documents
• EDUCATION University degree in Engineering or Construction Management or related field, or equivalent experienceCERTIFICATION / TRAINING Cost control certifications, such as CCP, are a plus.EXPERIENCE Entry level – College degree or 4 years' experience.Advanced - Minimum of five (5) plus years of related Project Controls or Cost Controls experience

Security Clearance Requirement:

None

This position is part of our Corporate team. For over 80 years, Parsons Corporation, has shaped the future of the defense, intelligence, and critical infrastructure markets. Our employees work in a close-knit team environment to find new, innovative ways to deliver smart solutions that are used and valued by customers around the world. By combining unique technologies with deep domain expertise across cybersecurity, missile defense, space, connected infrastructure, transportation, smart cities, and more, we're providing tomorrow's solutions today.

Salary Range: $74,800.00 - $130,900.00

We value our employees and want our employees to take care of their overall wellbeing, which is why we offer best-in-class benefits such as

• medical
• dental
• vision
• paid time off
• Employee Stock Ownership Plan (ESOP)
• 401(k)
• life insurance
• flexible work schedules
• holidays to fit your busy lifestyle!

Parsons is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, veteran status or any other protected status.

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-