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Home UAE Senior Cost Engineer

Senior Cost Engineer

Full time at a Laimoon Verified Company in UAE
Posted on November 14, 2024

Job details

Job Description:Parsons is looking for an amazingly talented Senior Cost Engineer to join our team! In this role you will get to play a critical role in maintaining the budgets of various projects under a multi-billion dollar programme.What You'll Be Doing:Budget Maintenance: Monitor and maintain project budgets, ensuring that all financial activities align with project goals and constraints.Monthly Cost Reporting: Prepare and analyze monthly cost reports, incorporating data from supervision consultants and contractors. Ensure reports are accurate, comprehensive, and submitted in a timely manner.Forecast Cashflows: Develop and prepare accurate forecast cashflows from construction programmes to support project financial planning and management.Cost Control: Implement cost control measures to ensure projects stay within budget. Identify and address variances between actual and budgeted costs.Budget Overrun Management: Identify potential budget overruns and liaise with clients to obtain budget uplift approvals when necessary.Data Collection and Analysis: Collect and analyze cost data from various sources, ensuring accuracy and reliability. Use this data to inform decision-making and project planning.Stakeholder Communication: Collaborate with project managers, engineers, contractors, and other stakeholders to gather necessary information and provide financial insights.Financial Reporting: Provide detailed financial reports to senior management and other stakeholders, highlighting key financial metrics and project performance.Compliance and Standards: Ensure all financial activities comply with company policies, industry standards, and regulatory requirements.What Required Skills You'll Bring:Education: Bachelor's degree in Engineering, Quantity Surveying, Construction Management, or a related field. A Master's degree or professional certification (e.g., CCP, MRICS) is a plus.Experience: Minimum of 10 years of experience in cost engineering, preferably within the engineering or infrastructure sector.Technical Skills: Proficiency in cost management software and tools and knowledge of Primavera P6. Advanced MS Excel skills.Analytical Skills: Strong analytical and problem-solving skills with the ability to interpret complex financial data.Communication Skills: Excellent verbal and written communication skills. Ability to present financial information clearly to non-financial stakeholders.Attention to Detail: High level of accuracy and attention to detail in all aspects of work.Team Player: Ability to work collaboratively in a team environment and build strong working relationships with colleagues.Minimum Clearance Required to Start:Not Applicable/NoneParsons is an equal opportunity employer committed to diversity in the workplace. Minority/Female/Disabled/Protected Veteran.

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