In a world of possibilities, pursue one with endless opportunities. Imagine Next! At Parsons, you can imagine a career where you thrive, work with exceptional people, and be yourself. Guided by our leadership vision of valuing people, embracing agility, and fostering growth, we cultivate an innovative culture that empowers you to achieve your full potential. Unleash your talent and redefine what’s possible. **Job Description:** Parsons is looking for amazingly talented **Principal Project Control Engineer** to join our team in the state of Tennessee! In this role you will get to assist in responsibilities related to cost control, budget control, data management, and reporting supporting Industrial Base Directorate. **What You'll Be Doing:** + Program life cycle activities from project setup, maintenance, invoicing support, accruals, financial monthly projections and support month end close + Collaborate with Program Manager and other functional departments to include business manager, billing, contracts, subcontracts and operations to ensure business plans are implemented, forecast and plan are developed and monitored, and financial objectives are achieved + Help prepare and support Quarterly Deep Dive, AOP, and monthly forecast + Develop and Maintain Estimates at Completion (EAC) and assist in accurate projections of Estimates to Complete (ETC) on large complex construction programs. + Maintains the project Risk Register by participating in monthly workshops with the project team to identify new risks, mitigate existing risks and support the calculation of the cost and schedule impact and associated contingency based on the risk probability. + Oversee the development and maintenance of an established information management system to show the hierarchy of plans and schedules; keeps project and company management fully informed of project status. + Assesses the impact(s) of design/construction changes and schedule slippages. + Reporting and variance analysis to include Revenue, Profit, cash backlog and Risk and Opportunities + Detailed analysis and validation of financial data to ensure accuracy and reasonableness. + Develop metrics and reports so that accurate and timely information can be provided to management and stakeholders. + Develops new program and project control processes and procedures related to budgets, estimates, schedules and roll up of program information. + Reviews proposed project budget and scope changes for proper justification and documentation. Troubleshoots project-specific budget, scope, schedule, funding or documentation issues working with other Divisions, Branches or Departments. + Manages subcontractor and client invoice cycles. **What Required Skills You'll Bring:** + Bachelor’s degree in business administration, Finance, Engineering or Construction Management (or related field). + 5+ years of related work experience, or equivalent work experience required + Hybrid work schedule, must be able to work on project site (Kingsport Tennessee) 2-3 days/week + Experience using Excel, Forecasting Tools and Costpoint. + Experience with fixed price vertical construction projects + Experience working on federal contracts + Proficient in Microsoft Office Suite (e.g., Outlook, Word, Excel, PowerPoint) **What Desired Skills You'll Bring:** + Experience in Primavera and Scheduling software + General understanding of GAAP principles **Security Clearance Requirement:** None This position is part of our Corporate team. For over 80 years, Parsons Corporation, has shaped the future of the defense, intelligence, and critical infrastructure markets. Our employees work in a close-knit team environment to find new, innovative ways to deliver smart solutions that are used and valued by customers around the world. By combining unique technologies with deep domain expertise across cybersecurity, missile defense, space, connected infrastructure, transportation, smart cities, and more, we're providing tomorrow's solutions today. Salary Range: $100,900.00 - $176,600.00 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 medical, dental, vision, paid time off, Employee Stock Ownership Plan (ESOP), 401(k), life insurance, flexible work schedules, and holidays to fit your busy lifestyle! This position will be posted for a minimum of 3 days and will continue to be posted for an average of 30 days until a qualified applicant is selected or the position has been cancelled. Parsons is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, veteran status or any other protected status. 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! Parsons is aware of fraudulent recruitment practices. To learn more about recruitment fraud and how to report it, please refer to https://www.parsons.com/fraudulent-recruitment/ . About Us Parsons is a digitally enabled solutions provider focused on the defense, security, and infrastructure markets. With nearly 75 years of experience, Parsons is uniquely qualified to deliver cyber/converged security, technology-based intellectual property, and other innovative services to federal, regional, and local government agencies, as well as to private industrial customers worldwide. Parsons is an equal opportunity, drug-free employer committed to diversity in the workplace. Minority/Female/Disabled/Protected Veteran/LGBTQ+. For more about Parsons, visit parsons.com and follow us on Facebook, Twitter, LinkedIn, and YouTube.