On-site
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Parsons Corporation

Job Details


What You'll Be Doing

  • Develop and maintain project cost estimates, approved budgets, cost plans, and cost control baselines.
  • Support the preparation of project funding requirements and phased expenditure plans.
  • Monitor budget utilization and identify potential cost overruns, underruns, and emerging variances.
  • Ensure cost information is aligned with the project scope, Work Breakdown Structure (WBS), control accounts, and work packages.
  • Support project leadership in maintaining effective financial control throughout design, procurement, construction, commissioning, and closeout.
  • Monitor committed costs, actual expenditures, accruals, forecasts, and anticipated final costs against approved budgets.
  • Analyze project cost performance and identify trends, risks, opportunities, and areas requiring corrective action.
  • Prepare detailed cost variance analyses and recommend appropriate mitigation and recovery measures.
  • Support the implementation of consistent cost control processes across all project packages and disciplines.
  • Prepare periodic cost forecasts, including Estimate at Completion (EAC) and Estimate to Complete (ETC).
  • Develop monthly cost reports, dashboards, expenditure profiles, and management presentations.
  • Monitor project cash flow requirements and support financial planning and funding reviews.
  • Provide accurate and timely cost information to support project and executive-level decision-making.
  • Evaluate the cost implications of design changes, variations, scope modifications, and emerging project requirements.
  • Review contractor variation submissions, quotations, and change requests from a cost engineering perspective.
  • Prepare cost impact assessments, commercial evaluations, and recommendations for management review.
  • Maintain change registers and track approved, pending, and forecast variations against project budgets.
  • Support the commercial team in monitoring and managing overall project cost exposure.
  • Provide cost engineering support across major airport development components, including: Passenger terminals, Runways and taxiways, Cargo aprons and aircraft stands, Roads and external infrastructure, Utility networks, Mechanical, electrical, and plumbing systems, ICT systems and airport operational facilities.
  • Coordinate with engineering, design, procurement, construction, and commercial teams to ensure accurate cost allocation across work packages.
  • Monitor cost performance across multidisciplinary project activities and identify package-level cost pressures.
  • Coordinate with Planning, Quantity Surveying, Commercial, Finance, and Project Controls teams to integrate cost and schedule information.
  • Support Earned Value Management analysis and project performance measurement.
  • Maintain alignment between cost reports, progress updates, forecasts, and approved project schedules.
  • Contribute to project controls reporting, performance reviews, and governance forums.
  • Support risk-based forecasting, sensitivity analysis, and cost scenario modelling.
  • Participate in commercial meetings, progress reviews, cost workshops, and project controls meetings.

What Required Skills You'll Bring

  • Bachelor s Degree in Engineering, Quantity Surveying, Construction Management, Cost Engineering, or a related discipline.
  • Minimum 10+ years of experience in cost engineering, project controls, commercial management, or a related field.
  • Proven experience supporting major airport developments, infrastructure projects, transportation programs, or large-scale construction projects.
  • Strong experience in: Cost control, Budget management, Cost estimating, Forecasting, Cost reporting, Earned Value Management, Change management, Cash flow analysis.
  • Experience working within Delivery Partner, PMC, EPC, or client-side project environments.
  • Strong understanding of cost engineering principles, project controls methodologies, and commercial management practices.
  • Advanced knowledge of: Estimate at Completion, Estimate to Complete, Cost variance analysis, Budget and commitment tracking, Contingency management, Risk-based forecasting, Cost and schedule integration.
  • Proficiency with project controls and cost management systems, including: Primavera P6, Primavera Unifier, Oracle Primavera Cloud, SAP, Advanced Microsoft Excel, Power BI or equivalent reporting tools.
  • Knowledge of FIDIC contract frameworks and change control procedures.
  • Experience preparing cost reports, dashboards, forecasts, and executive management information.
  • Strong analytical, numerical, reporting, and problem-solving capabilities.
  • Excellent written and verbal communication skills.
  • Strong stakeholder management and coordination abilities.
  • Ability to manage multiple priorities and reporting cycles within a fast-paced airport project environment.
  • Ability to work effectively with clients, consultants, contractors, commercial teams, project controls personnel, and financial stakeholders.

What Desired Skills You'll Bring

  • Master s Degree in Engineering, Quantity Surveying, Construction Management, Cost Engineering, or a related discipline.
  • Professional certification such as: AACE Certified Cost Professional, MRICS, PMP, Equivalent cost or project controls certification.
  • Experience delivering international airport mega-projects.
  • Strong understanding of aviation infrastructure project delivery and airport development requirements.
  • Familiarity with ICAO, FAA, and other applicable aviation standards and guidance.
  • Experience supporting Design-Build, EPC, PMC, or Delivery Partner delivery models.
  • Experience with BIM 5D cost integration and model-based quantity and cost management.
  • Experience implementing cost dashboards, automated reporting, and business intelligence tools.
  • Knowledge of digital project controls and integrated cost-schedule reporting.
  • Strong commercial awareness and understanding of contractor claims, variations, and final accounts.
  • Experience conducting cost benchmarking and developing cost databases for future projects.
  • Strong stakeholder management experience with clients, contractors, consultants, finance teams, and executive leadership.

Desired Candidate Profile


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About Parsons Corporation
Saudi, Riyadh
Civil Engineering