Financial Project Manager

2 days ago

Mysore, Karnataka, India beBeeFinancial Full time ₹ 1,50,00,000 - ₹ 2,00,00,000
Job Title: Financial Project ManagerKey Responsibilities:
  • 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 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.
Requirements:
  • Bachelor's degree in Finance, Accounting, or related field; CMA, CA or MBA, is a plus.
  • 8–10 years of experience in cost control, preferably in a project-based or consulting environment.
  • Strong understanding of project accounting, time tracking, and resource management systems.
  • Proficient in MS Excel; experience with ERP/project management tools.
  • Excellent analytical, communication, and organizational skills.
Skills:
  • Strong attention to detail and accuracy.
  • Ability to work on multiple projects simultaneously.
  • High level of initiative and problem-solving ability.
  • Team player with effective collaboration skills.
  • Business acumen with a focus on cost efficiency.

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