Job summary
Parsons in Jeddah seeks a Senior Project / Cost Controls Engineer to lead cost, schedule and commercial controls. The role manages budgets, monthly forecasts, risk and change processes while coordinating with project, commercial and finance teams to protect project financial performance.
Key responsibilities
- Develop and maintain project budgets, cost breakdowns and WBS aligned with scope and schedule.
- Prepare monthly forecasts: ETC, EAC, revenue, margin, cash flow and headcount assumptions.
- Monitor commitments, actuals and accruals; identify trends and recommend corrective actions.
- Apply EVM and other techniques to assess cost and schedule performance.
- Support revenue recognition and prepare/validate monthly accruals.
- Review contracts for commercial terms affecting revenue, margin and risk allocation.
- Identify, quantify and track changes; ensure updates to forecasts and registers.
- Maintain risk registers, quantify impacts and monitor contingency usage.
Requirements
- Bachelor’s degree in engineering, construction management, quantity surveying, finance or related field.
- Minimum 10 years’ experience in project controls, cost engineering or commercial/project finance.
- Proven experience in forecasting, variance analysis and project financial reporting.
- Advanced Microsoft Excel and practical Power BI experience.
- Strong knowledge of EVM, change control, risk and contingency management.
Benefits
- Career growth and professional development opportunities
- Supportive, diverse work environment
- Collaboration with multi-disciplinary project teams
Skills
Cost ControlForecastingEarned Value Management (EVM)BudgetingMicrosoft ExcelPower BIRisk ManagementRevenue RecognitionCash Flow ManagementProject Controls Systems
Source: Workday. Last checked as open: 13 Nov 2026. You apply directly with the employer.
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