Job summary
Parsons is hiring a Project Cost Control Specialist in Riyadh to manage project budgets, forecasts and financial performance. The role involves analyzing cost variances, producing reports and supporting project reviews to enable informed decision-making.
Key responsibilities
- Monitor budgets, commitments, expenditures, change orders and forecasts for projects.
- Establish baseline budgets using a Work Breakdown Structure with the Project Manager.
- Analyze performance versus baselines, identify variances and coordinate corrective actions.
- Apply EVM and calculate EV, EAC and ETC for projects.
- Prepare weekly and monthly cost reports, dashboards and management presentations.
- Maintain cash-flow forecasts and track labor, consultant and other project costs.
- Review subcontractor/consultant payment applications and coordinate invoicing.
- Support project reviews and assist Project Director with business-plan finalization.
Requirements
- CAF/ACCA qualification or bachelor’s degree in Finance or equivalent experience.
- Minimum 10 years' experience in project finance, cost control, or related support roles.
- Strong knowledge of cost control, budgeting, forecasting and invoicing.
- Advanced Microsoft Excel skills; basic Power BI knowledge.
- Strong analytical, data-reconciliation and attention-to-detail skills.
- Excellent English communication and presentation abilities.
- Effective stakeholder-management and cross-functional coordination.
Skills
Cost ControlBudgetingForecastingEarned Value ManagementMicrosoft ExcelPower BIFinancial ReportingInvoicingStakeholder ManagementData Analysis
Source: Workday. Last checked as open: 13 Nov 2026. You apply directly with the employer.
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