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Urgent! Manager - Cost Control (Financial & Budget Control Lead) Job Opening In Jeddah – Now Hiring Parsons Corporation
Description
:Parsons is looking for an amazingly talented Manager - Cost Control (Financial & Budget Control Lead) to join our team! The Manager - Cost Control 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 (15+ years) in cost control, project controls, or financial management within the construction industry, preferably on large-scale architectural 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.
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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Unlock Your Manager Cost Potential: Insight & Career Growth Guide
Real-time Manager Cost Jobs Trends in Jeddah, Saudi Arabia (Graphical Representation)
Explore profound insights with Expertini's real-time, in-depth analysis, showcased through the graph below. This graph displays the job market trends for Manager Cost in Jeddah, Saudi Arabia using a bar chart to represent the number of jobs available and a trend line to illustrate the trend over time. Specifically, the graph shows 2743 jobs in Saudi Arabia and 176 jobs in Jeddah. This comprehensive analysis highlights market share and opportunities for professionals in Manager Cost roles. These dynamic trends provide a better understanding of the job market landscape in these regions.
Great news! Parsons Corporation is currently hiring and seeking a Manager Cost Control (Financial & Budget Control Lead) to join their team. Feel free to download the job details.
Wait no longer! Are you also interested in exploring similar jobs? Search now: Manager Cost Control (Financial & Budget Control Lead) Jobs Jeddah.
An organization's rules and standards set how people should be treated in the office and how different situations should be handled. The work culture at Parsons Corporation adheres to the cultural norms as outlined by Expertini.
The fundamental ethical values are:The average salary range for a Manager Cost Control (Financial & Budget Control Lead) Jobs Saudi Arabia varies, but the pay scale is rated "Standard" in Jeddah. Salary levels may vary depending on your industry, experience, and skills. It's essential to research and negotiate effectively. We advise reading the full job specification before proceeding with the application to understand the salary package.
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