Key Responsibilities

The successful candidate will be responsible for (but not limited to):

• Cost Management and Reporting:
• Develop, implement, and maintain project cost control systems and procedures.
• Ensure cost codes align with project activities and reporting structures
• Recommend corrective actions to keep costs within budget.
• Prepare monthly cost reports, including variance analysis and forecast-to-complete.
• Produce a cash flow forecast based on progress and expected inflows and outflows
• Prepare monthly financial reports (Income Statement, Balance Sheet, required reconciliations, etc) for the projects.
• Assist with any other ad hoc tasks 

• Budgeting and Forecasting:
• Assist in developing project budgets during the tender and execution phases.
• Monitor actual project expenditures against budgets and forecasts, identify variances, and investigate discrepancies.
• Support ongoing forecasting of the project based on changes, delays, or scope modifications
• Analyze trends and historical data to improve the accuracy of future estimates.

• Change Management and Variations:
• Track and analyze change orders and variations.
• Evaluate the cost impact of scope changes and delays.
• Work with contracts/ commercial teams on cost implications of claims and disputes – incorporate approved changes into the cost reports. 

• Risk Analysis and Mitigation:
• Identify financial risks and provide input on potential mitigation strategies.
• Assist with scenario planning and risk-based forecasting models.
• Track and analyze change orders and variations.
• Evaluate the cost impact of scope changes and delays. 

• Compliance and Internal Controls:
• Ensure compliance with internal financial controls, policies, and procedures.
• Support internal and external audits with appropriate documentation.
• Ensure compliance with project-specific financial and contractual obligations.

• Collaboration and Coordination:
• Liaise with the Project Manager, Site Engineers, Procurement, Quantity Surveyors, Finance Teams, etc to collect and verify project data. 
• Attend project meetings and provide financial insights for decision-making.

• System and Data Management:
• Maintain accurate and updated data in project accounting software.
• Automate reporting and data integration, where possible.
• Develop custom reports and dashboards for senior management as needed.

• Leadership and Mentorship:
• Supervise and mentor junior cost/ accounting staff.
• Lead initiatives to improve financial reporting processes and cost control practices.
• Automate reporting and data integration, where possible.
• Develop custom reports and dashboards for senior management as needed.