Cost Section Manager
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Key skills for this role
About the Role
Lead cost management team, develop cost control procedures, manage budgets, and ensure compliance with measurement standards while possessing strong leadership and analytical sk.
Key Skills for This Role
Responsibilities
- Lead and manage the Cost Management team across multiple project packages
- Develop and implement cost control procedures, processes, and best practices
- Develop and maintain project budgets and cash flow forecasts throughout the project lifecycle
- Monitor project budgets and provide monthly cost reports, forecasts, and variance analyses
- Track and report project costs against approved budgets, including committed costs, incurred costs, actual/paid costs, forecasts, and final/out turn costs
- Review, validate, and verify all commercial and financial performance aspects of the project, including assessment of contractor claims, cost benchmarking, forecast accuracy, and overall financial performance
- Conduct risk analysis and advise on cost implications of project changes
- Evaluate contractor claims, variations, change orders, and payment applications
- Support procurement strategy, contract packaging, and commercial negotiations
- Establish and maintain cost databases, benchmarking data, and historical cost records
- Ensure compliance with POMI, NRM, CESMM, CSI, Uniclass, and other applicable measurement standards
- Coordinate with design consultants, contractors, project controls, procurement, and other stakeholders to ensure effective cost control
Requirements
- Extensive experience in cost management, preferably in large scale projects
- Knowledge of cost control procedures and best practices
- Experience with measurement standards such as POMI, NRM, CESMM, CSI, Uniclass
- Strong analytical and financial analysis skills
- Experience in contractor claims evaluation and negotiation
- Excellent leadership and team management skills
Full Job Posting
Job Description
- Parsons is looking for an amazingly talented Cost Section Manager to join our team!
What You'll Be Doing
- Lead and manage the Cost Management team across multiple project packages.
- Develop and implement cost control procedures, processes, and best practices to ensure effective project cost management.
- Develop and maintain project budgets, and cash flow forecasts throughout the project lifecycle.
- Monitor project budgets and provide monthly cost reports, forecasts, and variance analyses.
- Track and report project costs against approved budgets, including committed costs, incurred costs, actual/paid costs, forecasts, and final/out turn costs.
- Review, validate, and verify all commercial and financial performance aspects of the project, including assessment of contractor claims, cost benchmarking, forecast accuracy, and overall financial performance.
- Conduct risk analysis and advise on cost implications of the project changes.
- Evaluate contractor claims, variations, change orders, and payment applications.
- Support procurement strategy, contract packaging, and commercial negotiations.
- Establish and maintain cost databases, benchmarking data, and historical cost records.
- Ensure compliance with POMI, NRM, CESMM, CSI, Uniclass, and other applicable measurement standards.
- Coordinate with design consultants, contractors, project controls, procurement, and other stakeholders to ensure effective cost control.
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