Cost Specialist (Saudi National)

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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 Specialist (Saudi National) to join our team in Tabuk, KSA! In this role you will be involved in developing, implementing, and maintaining cost control functions and protocols in support of the department manager on one or more larger projects.

What You'll Be Doing:

• Coordinating with other Departments to ensure that all costs are properly charged on jobs and project cost control person has full visibility.
• Responsible for project budget, invoicing, change control, and cost forecasting for the project.
• Provide financial and cost analysis as well as earned value and cost performance reporting.
• Set up baseline budget (resource/revenue/cost) with appropriate WBS (Work Breakdown Structure) interfacing with various disciplines and in coordination with the Project Manager and Scheduler.
• Analyze, evaluate, forecast, and report cost status against the established baseline in collaboration with the planning team.
• Prepares/updates various weekly and monthly cost tracking reports.
• Establishes resource, revenue, and cost projections for projects in coordination with project teams.
• Performs variance analysis against the bassline projections and initiates/recommends corrective actions.
• Utilizes historical data and trends for use in maintaining a realistic basis for future planning and forecasting.
• Participate in the monthly & quarterly reviews and support the project team to explain the variances and justifications.
• Provides guidance, direction, and specialized assistance for the resolution of difficult and complex cost control problem.
• Supports the Project Director in reviewing and finalizing the business plan.
• Customizes project control systems to meet specific project requirements.
• May interface with clients, attend regular meetings, and provide statistical reports.
• Performs other responsibilities associated with this position as may be appropriate.

What Required Skills You'll Bring:

Bachelor’s degree in accounting/finance or related field from an accredited university/ institution is required.

 At least 4 years Cost Management experience along with SOCPA-registered certificate (this is a must), forecasting, and financial reporting of mega engineering construction or entertainment construction project is required.

Excellent written and oral communications skills in English is required.

Proficient PC skills in MS Office (Advance Excel skills) & power BI is required.

What Desired Skills You'll Bring:

• Professional degrees like CA, CPA or ACCA will be preferred.
• A track record with PMC and Main Contractors would be a suitable background.
• Comprehensive knowledge of industry practices and standards.

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!

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