Cost Engineer at Parsons in Riyadh, Riyadh, Saudi Arabia

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! You will support the Senior Cost Manager in implementing robust cost control and estimating practices across multiple active and future projects. The role involves developing cost estimates, analyzing budgets and variances, tracking progress against baselines, and maintaining cost databases and reports. The Cost Engineer will work within a PMO environment, liaising with the Client, PMCMs, contractors, and stakeholders.

What You'll Be Doing:

• Review material takeoffs on complex projects, drawings, and plans, and check for mathematical and technical accuracy.
• Prepare detailed breakdown of components and elements of estimates for systems and subsystems.
• Review contractual documents and contract modifications to determine scope of work and scope changes.
• Review and summarize task and subtask estimates, including rate and unit cost determination and perform mathematical calculations by applying standard factors.
• Assign material costs and staffing costs to the takeoffs. Obtain telephone quotes for materials and services, if required.
• Accumulate, evaluate, and document historical cost data and construction procedures and methods to maintain current estimating standards and databases.
• Prepare budgets for changes in current projects as well as for future projects.
• Update and maintain the Program's cash flow, prepare the monthly cost report, manage the Change Order process.

What Required Skills You'll Bring:

• Bachelor’s degree in Civil Engineering, Quantity Surveying, or related discipline.
• Minimum 9 years of experience in cost control, estimation, or cost engineering in major infrastructure programs.
• Familiarity with earned value management and progress measurement systems is an advantage.
• Fluency in English with excellent communication and reporting skills.
• Experience in KSA 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!

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