Lead Cost Engineer📣 Job Ad

About Parsons Corporation

Parsons Corporation operates with a leadership vision centered on valuing people, embracing agility, and fostering growth. The company cultivates an innovative culture designed to empower its employees to achieve their full potential.

The Role: Lead Cost Engineer

Parsons is seeking a Lead Cost Engineer to join its team in Tabuk, Saudi Arabia. This full-time position supports a landmark, world-class Giga project. The individual in this role will take ownership of comprehensive cost management, budgeting, forecasting, and change control processes, leading a dedicated team of cost professionals.

Key Responsibilities

• Establish, maintain, and manage overall project cost control systems, budgets, and cash flow forecasts for multi-billion-dollar infrastructure and building packages.
• Conduct monthly variance analyses, identify cost trends, and provide early warnings to senior leadership regarding potential budget overruns or risks.
• Oversee the change management workflow, ensuring all variations, claims, and scope changes are accurately evaluated, tracked, and incorporated into the project forecast.
• Prepare and present high-level financial reports, dashboards, and executive summaries for Parsons leadership and the client.
• Lead, mentor, and develop a team of cost engineers, promoting best practices and ensuring alignment with corporate and project-specific governance.

Required Experience

Candidates for this Lead Cost Engineer position should possess 5-10 years of relevant experience in cost engineering or a related financial management field, particularly within large-scale infrastructure or building projects.

Project Context and Location

This full-time role is based in Tabuk, Saudi Arabia, and is integral to an ultra-large-scale Giga project. The position requires navigating complex financial landscapes with precision and strategic foresight to ensure project delivery on time and within budget.

Application Information

Parsons Corporation is seeking qualified professionals to contribute to this significant development. Interested candidates are encouraged to apply.