
Financial Project Manager
2 days ago
Job Title:
Reports to:
Job Summary:
- The successful candidate will be responsible for monitoring and controlling project budgets, tracking staff deployment, resource utilization, and financial performance.
- The role requires strong analytical skills, attention to detail, and ability to work on multiple projects simultaneously.
Key Responsibilities:
- Project Budget Management:
- 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 budgetary 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.
Required Skills & Qualifications:
- Bachelor's degree in Finance, Accounting, or related field.
- 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.
Required Knowledge & 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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