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Job Description:
Parsons is looking for an amazingly talented Cost & Change Control Manager to join our team! In this role you will get to overseeing project budgets, monitoring costs, managing changes to project scope, and ensuring financial control and compliance throughout the project lifecycle.
Position overview :
The Cost & Change Control Manager is responsible and accountable for the Cost and Change function within the Commercial team of the Infrastructure delivery programme, overseeing the overall performance of his/her team in accordance with applicable industry standards, providing support and guidance to subordinate staff, and ensuring compliance with applicable governance.
Specific responsibilities :
The duties and responsibilities of the Cost & Change Control Manager encompass the following:
Oversee the day-to-day operations of the Cost & Change Control team for the Infrastructure delivery programme and monitor its performance against Key Performance Indicators.
Manage the assignment of Cost & Change Control resources in accordance with the programme requirements and the approved deployment schedule and budget.
Ensure the Cost & Change Control team operates in compliance with the client’s objectives, strategies, policies, plans, procedures, and applicable regulations / standards templates (or propose / develop strategies, policies, plans, procedures and templates, as required).
Develop and maintain the Cost Breakdown Structure (CBS) and associated control accounts, best suited for the program and aligned with the project Work Breakdown Structure (WBS).
Hold regular meetings with the Client / Programme teams and the Consultants / Contractors / Suppliers to ensure quality and accuracy of the cost and change requests data.
Report regularly to the Client and to the Programme teams on cost expenditures (actuals vs. planned vs. budget), the progress status of change requests for the programme and any associated issues. Make recommendations for budget transfers, use of contingency, when required, for both the Yearly and the Full Life Cycle budgets.
Manage the preparation and submission of the Yearly budget in collaboration with the Planning Manager.
Provide the Planning team with the relevant cost data for the schedules to be accurately cost-loaded and monitored / assessed every month.
Provide the relevant cost data to the Reporting Manager for the weekly / monthly reports to be updated and accurate.
Support the Risk Manager in the risk analysis exercises to be conducted.
Organize and chair the regular Change meetings and ensure that each Change request is duly documented and progressed.
Interface with the necessary Programme team members for the relevant and accurate data to be collected for each Change Request for review / assessment.
Provide the relevant status update to the Reporting Manager on the Change Requests being prepared / reviewed / agreed / rejected with explanatory notes.
Provides guidance, direction, and specialized assistance to the Cost & Change Control team with regards to methodologies, applicable standards and best practices.
Identify opportunities for improvements and innovations.
Preferred education / experience :
The ideal candidate shall meet the following requirements:
Post-graduate degree preferred (such as MSc, MBA, or similar).
AACE certification (or equivalent) is highly desired.
15 years of relevant experience required, with mandatory prior senior managerial experience at Manager level.
Familiar with various forms of contract (lump sums, unit rates / re-measurable, early contractor involvement, design & build) to deliver a wide array of Infrastructure Assets (roads, railway systems, power substations, district cooling plants, telecoms, water supply, reservoirs and pumping stations, firefighting systems, irrigation systems, drainage, wastewater treatment plants…).
Prior experience in Saudi Arabia, familiar with PIF Development Companies’ operating models, having worked on the client’s, PMCM consultant’s and/or Cost Consultant’s side on multi-billion dollars programmes.
Prior experience on Airport / Infrastructure projects highly desired (but not mandatory).
Required skills / competencies :
The ideal candidate shall possess the following skills and competencies:
Ability to manage and lead a diverse group of professionals.
Expertise in the Estimation function with a thorough knowledge of industry practices and regulations to guide and mentor reporting personnel.
Fully conversant with technologies and systems (Microsoft Office Suite, ACONEX, Oracle, CostX, Unifier, etc.) required to perform daily duties.
Fluent in English, with excellent written and oral communications skills.
Excellent analytical skills to model estimates and quantities using applicable standards, and knowledge of industry practices and regulations (including accruals).
Ability to lead meetings and interface with the client’s senior leadership and stakeholders and to follow through and prioritize workload to meet deadlines within a complex program environment.
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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