Chief Financial Project Officer

2 days ago

Mangalore, Karnataka, India beBeeCostManager Full time ₹ 24,00,000 - ₹ 32,00,000

Project Cost Manager

Are you a detail-oriented professional with a knack for financial analysis and project management? We are seeking an experienced Project Cost Manager to join our team.

Key Responsibilities:
  • Cost Analysis and Control: Monitor, analyze, and report on project costs to ensure accuracy and compliance.
  • 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 adherence to 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 to ensure proper utilization and maintenance.
  • Financial Reporting and Forecasting: Prepare regular financial and cost reports analyzing project expenses and forecasting costs.

Required Skills:

  • Knowledge of Standards: Familiarity with all IFRS, particularly IFRS 15 (Revenue from Contracts with Customers), IFRS 9, IFRS 16, and IAS 16.
  • Industry-Specific Knowledge: Understanding of EPC project lifecycle, cost drivers, and risks.
  • Technical Proficiency: Familiarity with project management and accounting software (SAP, Oracle).
  • Analytical Skills: Strong skills in cost analysis, budgeting, and variance analysis.
  • Communication Skills: Ability to present cost information and insights effectively to management.

Requirements:

  • A minimum of 8 years of experience in the EPC industry is required.
  • A strong understanding of IFRS and technical proficiency in project management and accounting software are essential for this role.
Additional Information:

This is an exciting opportunity for a seasoned project cost manager looking to take their career to the next level. If you have a passion for finance and project management, we encourage you to apply.

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