Job Description:
Financial Project Controller
* Leads a team of cost engineers/accountants performing internal budget control and cost forecasting, among other cost management functions which includes:
* Set up baseline budget (resource/revenue/cost) with appropriate WBS (Work Breakdown Structure) interfacing with various disciplines and in coordination with the Project Manager and Scheduler.
* Analyze, evaluate, forecast and report cost status against the established baseline in collaboration with planning team
* Prepares/updates various weekly and monthly cost tracking reports
* Establishes resource, revenue and cost projections for projects in coordination with project teams
* Performs variance analysis against the bassline projections and initiate/recommend corrective actions
* Utilizes historical data and trends for use in maintaining a realistic basis for future planning and forecasting
* Monitors and tracks project progress and performs Earned Value Analysis
* Participate in the monthly & quarterly reviews and support the project team to explain the variances, justifications
* Provides guidance, direction, and specialized assistance for the resolution of difficult and complex cost control problem
* Supports the Project Director in reviewing and finalizing the business plan
* Completes performance reviews for direct reports and provides personnel development
* Customizes project control systems to meet specific project requirements
* May interface with clients, attends regular meetings, and provides statistical reports
* Coordinates with Corporate Project Control/Legal/Finance/Commercial teams as appropriate to fulfill above responsibilities and resolve the issues related to:
* Financial matters
* Procurement of Subconsultants or vendors
* Prime Contracts with Clients
* Subconsultants Contracts
* Taxation
* Establishing the best practices for budget/forecasting and cost controls and implementing at project level
* 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
Minimum Clearance Required to Start:
Not Applicable/None
Parsons is an equal opportunity employer committed to diversity in the
workplace. Minority/Female/Disabled/Protected Veteran.
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