Cost Manager

Parsons Corporation

Parsons is seeking a Senior Cost Manager with a strong technical foundation to oversee the financial performance of large-scale, complex infrastructure projects. You will be responsible for the end-to-end cost management lifecycle, from initial feasibility budgeting through to final account settlement. This role requires a strategic thinker who can integrate engineering principles with commercial acumen to drive project profitability and financial transparency.

What You'll Be Doing

• Budget Development: Lead the establishment of baseline budgets, performing detailed cost estimates and life-cycle costing for major civil works and infrastructure.
• Cost Control & Monitoring: Implement robust cost control procedures to track commitments, expenditures, and forecasts. Identify variances against budget and provide early warnings on potential overruns.
• Change Management: Evaluate the financial impact of design changes, site instructions, and variations. Negotiate with contractors and stakeholders to ensure value for money.
• Value Engineering: Utilize your civil engineering background to lead value engineering workshops, identifying technical alternatives that reduce costs without compromising quality or safety.
• Earned Value Management (EVM): Integrate cost data with project schedules to perform EVM analysis, reporting on Cost Performance Index (CPI) and Schedule Performance Index (SPI).
• Financial Reporting: Prepare comprehensive monthly commercial reports, cash flow forecasts, and executive-level financial dashboards.
• Contract Administration: Oversee the commercial aspects of various contract types (e.g., NEC, FIDIC), including progress payment valuations and claim assessments.

What Required Skills You'll Bring

• Education: Bachelor s degree in Civil Engineering/ Mechanical Engineering or related field.
• Experience: Minimum of 15 years of experience in cost management and project controls within the construction or engineering sectors.
• Technical Expertise: Deep understanding of construction methods, materials, and technical specifications for heavy civil and infrastructure projects.
• Software Proficiency: Expert knowledge of cost management software (e.g., Prism, Ecosys, or SAP) and advanced proficiency in Microsoft Excel.
• Commercial Insight: Proven track record in procurement strategies, risk management, and commercial negotiation.
• Certifications: MRICS (Member of the Royal Institution of Chartered Surveyors) or CCE/CCP (Certified Cost Professional) is highly preferred.

What Desired Skills You'll Bring

• Strong leadership skills with the ability to manage multi-disciplinary commercial teams.
• Excellent analytical skills with high attention to detail.
• Ability to communicate complex financial data effectively to technical and non-technical stakeholders.
• Unyielding commitment to ethical business practices and financial integrity.