Project Financial Controller

4 days ago


Kolkata, West Bengal, India beBeeFinancial Full time ₹ 1,80,00,000 - ₹ 2,50,00,000
Project Financial Controller

About the Role:

  • Key Responsibilities:
  • We are seeking a highly skilled Project Financial Controller to prepare project budgets, annual/quarterly/monthly planning and rolling forecasts. You will also support project invoicing, tax issues, bonds, guarantees, financial accounting, and reporting.
  • The successful candidate will participate in opportunity/risk identification, drive coordination of monthly project reviews, and review all financial aspects of the project.
  • You will promote commercial awareness within the project team, provide commercial input to the project execution plan, and ensure timely mitigation actions are implemented.
  • Responsibilities include reviewing and having joint responsibility for all financial aspects of the project, including estimate at completion and related cost-to-complete, forecasted revenues and cash flow, risks, and opportunities assessment.
  • You will maintain an updated billing register capturing details of all billings till date, status on approval, payment, various deductions with categories and reasons.
  • Additionally, you will perform stringent monitoring and control on site expenses, weekly reporting of project expenses, and reconciliation of SAP entries with invoices.
  • The ideal candidate will analyze actual vs. budget costs and revenue on the project, highlighting potential issues to the controller manager and project managers.
  • You will lead the activity of project actualisation (actua) at HO defined frequency, coordinating with the project team to get the required data, discussing with the controller manager to prepare finance-related slides in actua presentation.
  • Responsible for sharing project slides for monthly business review in accordance with timeline defined by the project team, keeping the controller manager in loop.
  • You will comprehensively check provisions to ensure that provisions are accurate, complete for monthly closing, and in line with accounting rules and HO instructions.
  • Monthly cash verification and surprise verification at least once a month will be performed, with results reported to HO team (controller manager and IFC team).
  • The successful candidate will lead and supervise compliance on Internal Financial Controls (IFC) as defined by HO in the Risk and Control Matrix (RCM).
  • You will monitor ABG, PBG, any other guarantees, insurances to ensure that these are timely renewed, reduced as per contractual conditions.
  • Compliance with tax regulations is essential.
  • The ideal candidate will provide all required support to the execution team, becoming an integral part of the project team, providing core finance support to the team for all finance-related matters on site.
  • Timely filling of man days for self against respective projects and checking timesheets of staff working on his project will be performed.
  • You will supervise the day-to-day work of site accountant, provide guidance and support for efficient conduct of site tasks.
  • Support to central controlling team on various analyses, adhoc requests will be provided.

Requirements:

  • Bachelor's degree in Finance or related field.
  • Minimum 3 years of experience in financial management or related field.
  • Strong analytical skills, with ability to interpret financial data and make informed decisions.
  • Excellent communication and interpersonal skills, with ability to work effectively with cross-functional teams.
  • Ability to work under pressure, meet deadlines, and prioritize tasks efficiently.
  • Familiarity with financial software, such as SAP, and ability to learn new systems quickly.
  • Strong attention to detail, with ability to maintain accuracy and precision in financial transactions.
  • Ability to travel occasionally for training and meetings.

Benefits:

  • Competitive salary and benefits package.
  • Opportunity for professional growth and development.
  • Collaborative and dynamic work environment.
  • Recognition and reward for outstanding performance.

How to Apply:

  1. Please submit your application, including your resume and cover letter, through our website.
  2. Only shortlisted candidates will be contacted for further evaluation.


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