Cost Control Analyst

Description

Parsons is looking for an amazingly talented Cost Control Analyst to join our team!

What You'll Be Doing :

• Tender Budget / Revised Budget :
• Preparation of the detailed Target budget and any revised budget (at 20%, 50% and 80% progress) for the assigned scope of work.
• Define the schedule of the target (or revised) budget preparation and communicate it to the team, follow its timely implementation.
• Prepare the main hypothesis
• Lead the process until its closing, having active exchanges with budget owner.
• Detailed analysis of variances and proposed plan of actions in liaison with budget owners and validation by the Project management team.
• Monthly Cost Control :
• Liaise with budget owners to obtain the progress after the monthly cutoff date.
• Analyze the progress declared by the budget owners to ensure accuracy and consistency for month over month reporting
• Generate the earned values and compare with the actual cost and liaise with the finance department.
• Compare, analyze and propose actions to mitigate potential overruns and improve savings in close coordination with the budget owners.
• Identify red flags regarding potential major losses.
• Compare earned value with the forecast.
• Lead the reviews of the Cost Control report with budget owners and project management team for final review and approval.
• Risk Management :
• Ensure a monthly review of the risks and opportunities register and analysis of mitigation / improvement plans.
• As needed capture the updates of the R&O register
• Facilitate workshops / meetings between all parties to identify and categorize threats and opportunities.
• Review and submission of reports :
• Inputs to JV’s monthly reports as requested to issue to each JV partner.
• Inputs to Monthly report to JV’s Executive committee.
• Inputs to any other forums as needed.
• Extension of Time :
• Support of Commercial / Claims team to provide actual and forecasted costs.
• Support the project management in the decision-making process by providing all information and analysis related to costs.
• Carry out an active role in trouble shooting project costs related issues.
• Any other tasks assigned by the Project Controls Manager.

What Required Skills You'll Bring :

EVLW

Minimum Clearance Required to Start :

Not Applicable / NoneThis position is part of our Critical Infrastructure team.For more than 75 years, our experts have designed and delivered the critical infrastructure that connects and protects communities around the world. We work in diverse, collaborative teams, both within the company and with our partners and customers, to plan, design, build, and modernize infrastructure. We take special pride in projects and solutions that improve communities as well as people’s quality of life by promoting economic growth, enhancing mobility, and increasing sustainability and resiliency. Powered by our people, we provide the imagination necessary to support our customers’ visions—and to help them see new possibilities.We value our employees and want our employees to take care of their overall wellbeing, which is why we offer best-in-class benefits such as health, vision, dental, employer paid provincial care premiums, Defined Contribution Pension Plan (DCPP), Tax-Free Savings Account (TFSA), Registered Retirement Savings Plan (RRSP), life insurance, paid time off, sick leave, all province observed holidays off, and gym membership discounts to fit your busy lifestyle!Parsons is an equal opportunity employer committed to diversity, equity, inclusion, and accessibility in the workplace. Diversity is ingrained in who we are, how we do business, and is one of our company’s core values. Parsons equally employs representation at all job levels for minority, female, disabled, protected veteran and LGBTQ+.We truly invest and care about our employee’s wellbeing and provide endless growth opportunities as the sky is the limit, so aim for the stars! Imagine next and join the Parsons quest—APPLY TODAY!