Job Description:
Parsons is seeking an amazingly talented Associate Project Control Specialist to join our team! In this role you will get to develop, implement, and maintain cost control (analysis, reporting, forecasting) and /or provide planning function on one or more major projects.
What You'll Be Doing:
- Support the project controls management in developing the baseline budget (resource/revenue/cost) with appropriate WBS (Work Breakdown Structure) interfacing with various disciplines and in coordination with the Project Manager and Scheduler.
- Assist in the analysis, evaluation, forecasting, and reporting of cost status against the established baseline in collaboration with the planning team.
- Prepares/updates various weekly and monthly cost tracking reports.
- Work closely with project teams in establishing monthly and quarterly resource, revenue, and cost projections for projects.
- Performs variance analysis against the baseline projections and follows up on the initiatives and recommended corrective actions and reports to management.
- Utilizes historical data and trends for use in maintaining a realistic basis for future planning and forecasting.
- Assist in monitoring, tracking and reporting on KPIs like projects revenue, costs, billings, collections progress and performs Earned Value Analysis, Net Assets Value etc. Participate in the monthly & quarterly reviews and support the project team in explaining the variances and justifications.
- Assist in the resolution of difficult and complex cost control problems under guidance, direction, and specialized advice from Projects Control engineers and managers.
- Supports the Projects Control Manager / Director in reviewing and finalizing the business plan.
- Assist in customizing project control systems reports to meet specific project requirements.
- May interface with clients, attend regular meetings, and provide statistical reports.
- Coordinating with other Departments to ensure that all costs are properly charged on jobs and project cost control person has full visibility.
- Performs other responsibilities associated with this position as may be appropriate.
What Required Skills You'll Bring:
- Bachelor’s degree in engineering, accounting, finance or related field from an accredited university/ institution is required.
- Minimum 5 years of related work experience in projects controls, invoice review, budgeting, forecasting, and financial reporting of mega engineering construction or entertainment construction project is required.
- Excellent written and oral communications skills in English is required.
- Proficient PC skills in MS Office (Advance Excel skills) & power BI is required.
- Proven ability and team working skills to perform in this capacity.
What Desired Skills You'll Bring:
- Professional degrees like CA, CPA, CIMA or ACCA is desirable.
- A track record with PMC and Main Contractors would be a suitable background.
- Strong knowledge of industry practices and standards.
Minimum Clearance Required to Start:
Not Applicable/NoneParsons is an equal opportunity employer committed to diversity in the workplace. Minority/Female/Disabled/Protected Veteran.
