Project Financial Manager

We are seeking a skilled Project Financial Manager to join our team. The ideal candidate will have excellent financial management skills and experience in project finance.

• Financial Planning: Prepare comprehensive project budgets, annual/quarter/monthly plans, and rolling forecasts.
• Accountability and Support: Take accountability for project invoicing, tax issues, bonds, and guarantees, as well as financial accounting and reporting. Drive and seek optimization of project cash flow, Revenues, and GM contribution together with Central Cost Controller/Project Manager as needed.
• Opportunity/Risk Identification: Participate in opportunity/risk identification to ensure timely implementation of mitigation actions. Drive, coordinate, and prepare monthly project reviews jointly with the PM/Central Controller/PSCM. Review and have 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, and ensure alignment with other functions including Project Controls, planning/scheduling.
• Commercial Awareness: Promote commercial awareness in the project team and provide commercial input to the project execution plan.
• Client Coordination: Coordinate with the Client for approval on invoices, getting payments, and various forms for compliance purposes.
• Billing Register: Maintain an updated billing register capturing details of all billings till date, status on approval, payment, various deductions with categories and reasons, follow-up to collect amounts deducted.
• Site Expenses: Monitor and control site expenses strictly. Report project expenses weekly in a specified format and reconcile SAP entries with invoices.
• Cost Analysis: Analyze actual vs. budget costs and revenue on the project, highlight potential issues to the controller manager and project managers.
• Project Actualisation: Lead the activity of project actualisation (actua) at HO defined frequency, coordinate with the project team to get required data, discuss with the controller manager to prepare finance-related slides in actua presentation, upload actua in SAP post-approval from required people.
• Kappa Review: Review Kappa against budgeted costs and highlight in case of costs exceeding the budget. Check that adequate documents (quotations, budget sheet, comparative information, billing value, required authorizations, reasoning for deviations from minimum quotations, budget overruns, non-lowest offer, non-compliance with payment terms) are attached with the Kappa.
• Project Slides: Share project slides for monthly business review in accordance with timeline defined by the project team, keeping the controller manager in loop.
• Provisions Check: Conduct a comprehensive check on provisions to ensure that provisions are accurate, complete for monthly closing, and in line with accounting rules and HO instructions.
• Cash Verification: Perform monthly cash verification and surprise verification at least once a month. Report results to HO team (controller manager and IFC team).
• Internal Financial Controls: Lead and supervise compliance on Internal Financial Controls (IFC) as defined by HO in the Risk and Control Matrix (RCM).
• Guarantees and Insurances: Monitor ABG, PBG, any other guarantees, insurances to ensure timely renewal, reduction as per contractual conditions.
• Tax Compliance: Ensure compliance with tax regulations.
• Team Support: Provide all required support to the execution team and be an integral part of the project team. Become a core finance support to the team for all finance-related matters on site. Anticipate issues, discuss with the controller manager, and take proactive actions to resolve issues.
• Timesheet Management: Timely fill man days for self against respective projects. Check that timesheets of staff working on his project are filled timely and properly.
• Site Accountant Supervision: Supervise the day-to-day work of site accountants, provide guidance, and support for efficient conduct of site tasks.
• Central Controlling Team Support: Support the central controlling team on various analyses, ad-hoc requests.

• Excellent Interpersonal Skills:
• Microsoft Office Proficiency: Well-versed with Microsoft PowerPoint and Excel.
• Follow-up Skills: Strong in follow-ups.
• Go-Getter Approach:
• SAP Knowledge: Basic knowledge of SAP.
• Communication Skills: High sense of responsibility, commitment, & effective communicator.

The successful candidate will enjoy a competitive salary package and opportunities for career growth and development.

This is an exciting opportunity for a motivated and experienced professional to join our team and contribute to the success of our organization.