
Financial Project Coordinator
3 days ago
Job Summary:
As a Cost Manager, you will play a critical role in the financial success of our organization by overseeing project budgets, managing costs, and ensuring accurate reporting.
About the Role:
Our ideal candidate has significant experience in cost accounting, time tracking, and resource management. They will be responsible for developing, monitoring, and controlling 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.
Responsibilities:
Project Budget Management:
- Develop, monitor, and control project budgets in collaboration with project managers.
- Collaborate with HR and project leads to track man-hours and ensure efficient resource usage.
- Prepare weekly/monthly project cost reports with variance analysis and commentary.
Resource Utilization:
- Maintain real-time visibility of staff deployment across projects.
- Support project scheduling with cost-efficiency insights.
Cost Reporting & Forecasting:
- Provide cost insights to senior leadership for resource planning and profitability analysis.
- Conduct cost audits and internal reviews to validate expense accuracy.
Collaboration & Communication:
- Act as a liaison between the finance team and project managers.
- Champion strong internal controls and promote financial discipline within project teams.
Requirements:
- 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 analytical, communication, and organizational skills.
- Business acumen with a focus on cost efficiency.
Preferred Skills:
- Proficient in MS Excel.
- Experience with ERP/project management tools.
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