Key Responsibilities
- Monitor actual project costs against approved budgets and identify variances.
- Track manpower, materials, subcontractors, overheads, purchase orders, and other project-related costs.
- Identify potential cost overruns, margin risks, and unfavorable financial trends.
- Maintain accurate project financial data through the PPM/ERP system.
- Prepare and upload project budgets and ensure proper cost allocation.
- Monitor project profitability, gross margins, cost trends, and overall financial performance.
- Prepare project cost reports, budget-versus-actual analysis, variance reports, and profitability reports.
- Prepare and coordinate project invoices in line with contractual terms, milestones, and approved budgets.
- Coordinate with Finance regarding invoicing, revenue recognition, accruals, and unbilled revenue.
- Support project budgeting, forecasting, and reforecasting activities.
- Support month-end closing by ensuring project costs and revenues are accurately recorded.
- Coordinate with Project Managers, Operations, Procurement, HR, and Finance to obtain accurate financial and operational information.
- Provide timely financial analysis and recommendations to support project decision-making and profitability.
Qualifications & Experience
- Bachelor’s degree in Finance, Accounting, Costing, or a related field.
- Minimum 5 years of relevant experience in project costing, cost control, budgeting, project finance, or a similar role.
- Strong knowledge of project costing, budgeting, forecasting, profitability analysis, and project accounting.
- Strong hands-on experience with PPM (Project Portfolio Management) modules is essential.
- Practical experience with ERP and project-based financial management systems.
- Advanced Microsoft Excel skills, including Pivot Tables, XLOOKUP, SUMIFS, and financial analysis.
- Strong analytical and problem-solving skills with the ability to identify financial risks and cost variances.
- Excellent communication and coordination skills.
- Experience in Facilities Management, Construction, Engineering, or other project-driven industries is preferred.
