Project Financial Manager

3 days ago

Vellore, Tamil Nadu, India beBeeCostController Full time ₹ 18,18,896 - ₹ 21,30,528

Job Title: Project Cost Controller

 

This is a key position within our finance team, responsible for managing project costs and resources. The successful candidate will be responsible for monitoring and controlling project budgets across multiple concurrent projects by closely tracking staff deployment, resource utilization, and financial performance.

 

The role will ensure accurate and timely reporting of project budgets, project costs, resource allocation, timesheets, and billing rates. Key responsibilities include:

  • Project Budget Management:
    • Develop, monitor, and control project budgets in collaboration with project managers.
    • Track actual project costs versus budgets, particularly staff time allocation and related expenses.
    • Identify variances, trends, and potential overruns; propose corrective actions proactively.
  • Resource Utilization:
    • Maintain real-time visibility of staff deployment across projects.
    • Collaborate with HR and project leads to track man-hours and ensure efficient resource usage.
    • Support project scheduling with cost-efficiency insights.
  • Cost Reporting & Forecasting:
    • Prepare weekly/monthly project cost reports with variance analysis and commentary.
    • Provide cost insights to senior leadership for resource planning and profitability analysis.
  • Process & Compliance:
    • Establish cost control systems, procedures, and reporting formats.
    • Ensure compliance with internal controls and client-specific budgetary requirements.
    • Conduct cost audits and internal reviews to validate expense accuracy.
  • Collaboration & Communication:
    • Act as a liaison between the finance team and project managers.
    • Contribute to project review meetings with detailed cost performance data.

 

To succeed in this role, you should have a bachelor's degree in Finance, Accounting, or a related field. Additionally, 8–10 years of experience in cost control, preferably in a project-based or consulting environment, is required. You should also possess strong analytical, communication, and organizational skills, as well as proficiency in MS Excel and experience with ERP/project management tools.

 

If you are a detail-oriented individual with excellent problem-solving skills and a passion for financial management, we encourage you to apply for this exciting opportunity.

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