Project Financial Manager

3 days ago


Anantapur, Andhra Pradesh, India beBeeCostController Full time ₹ 15,00,000 - ₹ 16,00,000

Job Title: Project Cost Controller

This is a senior financial role that involves overseeing project costs, analyzing variances and preparing regular financial reports to stakeholders.

The successful candidate will be responsible for:

  • Project Cost Management: Monitor, analyze and report on project costs for large-scale engineering projects.
  • Progress Monitoring and Reporting: Collaborate with project teams to track progress and update percentage-of-completion calculations as per IFRS 15.
  • Contract and Cost Compliance: Ensure compliance with contractual agreements and project-specific financial regulations.
  • Inventory and Procurement Cost Management: Work with procurement to control and analyze material and service costs.
  • Risk Management and Cost Optimization: Identify potential risks related to project costs and recommend strategies for cost reduction.
  • Fixed Assets Management at Project Site: Track, record and monitor fixed assets (e.g. machinery, equipment) at the project site to ensure proper utilization and maintenance.
  • Financial Reporting and Forecasting: Prepare regular financial and cost reports, analyzing project expenses and forecasting costs for project budgeting purposes.

Required Skills:

  • Familiarity with all IFRS, particularly IFRS 15, IFRS 9, IFRS 16 and IAS 16.
  • Understanding of EPC project lifecycle, cost drivers and risks.
  • Familiarity with project management and accounting software (SAP, Oracle).
  • Strong skills in cost analysis, budgeting and variance analysis.
  • Ability to present cost information and insights effectively to management.


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