Project Cost Specialist

Parsons KAFD is looking for an amazingly talented Project Cost Specialist to join our team! In this role, you will get to develop, implement, and maintain cost control, and/or provide planning function on one or more larger projects.

In this role, you will join a professional engineering, construction, and cost management team that is involved in multiple projects in the King Abdullah Financial District (KAFD).  KAFD is a master plan development positioned to become Riyadh’s new Central Business District that combines a real estate development of approximately 850,000 sqm of office space, 115,000 GLA of retail, 1,200 residential units, 5-star Hotels, and 600 hospitality keys. KAFD is set to be the main enabler of the KSA 2030 vision.

What You’ll Be Doing:

• Coordinating with Departments to ensure that all costs are properly charged on jobs and project cost control person has full visibility.
• Responsible for project budget, invoicing, and cost forecasting for the project.
• Provide financial and cost analysis as well as earned value and cost performance reporting.
• Supporting to Operations team related to the WBS structure of the program
• Prepares/updates various weekly and monthly cost tracking reports.
• Establishes resource, revenue, and cost projections for projects in coordination with site teams.
• Participate in the monthly & quarterly reviews and support the project team to explain the variances and justifications.
• 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:

• A bachelor’s degree in engineering/finance/QS-related field from an accredited university/ institution is required.
• 3-5+ years of related work experience in processing IPCs, forecasting, and financial reporting of mega engineering construction or entertainment construction projects is required.
•  Excellent written and oral communication skills in English is required.

What Desired Skills You’ll Bring:

• Proficient PC skills in MS Office (Advance Excel skills) & power BI is required.
• Proven ability and leadership skills to perform in a management capacity.

Tagged as: Engineering