Project Financial Controller

Saudi

• Provide timely and accurate project financial information. 

• Provide detailed and probing projects financial analysis.

• Monthly financial reports (including project profit and loss, project balance sheet, project variance analysis, etc.). 

• Prepare project annual budget & quarterly forecasts in collaboration with project management team (site, overhead costs and capital expenditures, project capital assets employed).   

• Review the project forecast in detail to ensure having an accurate & reliable estimate to complete.

• Prepare profitability analysis and gross profit variation reports for all projects. 

• Ensure billings, are prepared on a timely basis and prompt collection of receivables.

• Report on the variation and status of accounts receivable and unbilled revenues and ensure proactive follow-ups.

• Analysis of Trial Balance.

• Liaise and coordinate with corporate treasury with respect to the issuance of bank guarantees/letters of credit & initiate request of cancellation of all bank guarantees that are no longer required.

• Liaise and coordinate with corporate treasury and corporate payables on the suppliers payments priority list.

• Prepare accurate & reliable monthly cash flow forecast in coordination with project management.

• Ensure monthly financial review of the project performance (regular review of billing, actual executed work, actual cost, cost to complete & overheads).

• Highlight problems and issues on projects to project management on a timely basis.

• Assist project directors and managers with the use/understanding of ERP and assist the project personnel in the use of a cost control and accumulation tools in compliance with the standards of SISCO Group.

• Verify and approve all cost effect transactions.

• Apply revenue recognition method that complies with IFRS.

• Identify potential risks in conjunction with project management team and ensure remediation plans are developed for deficiencies identified and ensure these plans are put into place.

• Prepare the reconciliation analysis for unbilled revenue on monthly basis.

• Ensure that financial controls are adequately implemented on all project sites.


Skills

• 8+ years of financial controllership experience including progressively senior finance roles in Top Companies. Experience in Engineering and Contracting business is preferred. Middle East finance experience is also preferred. 

• Well-balanced financial leader with sound and common-sense business judgment.

• Critical thinker with the ability to develop actionable plans. 

• Strong financial acumen and business savvy. 

• Team player and individually motivated. 

• Drive to keep on top of the relevant business and projects issues.

• Superior communication and presentation skills with an ability to set the highest standards for honesty, integrity, and work ethic both for themselves and for those around them.

• Proven ability to develop effective relationships with colleagues and team members by gaining respect and trust.

• Strong quantitative, analytical skills with attention to detail and accuracy.

• Well organized with an ability to manage multiple projects with strict deadlines.

• In-depth experience with large-scale ERP systems.

• An exceptional leader and team builder. A track record of influencing and developing a high-performing team of professionals.


Post date: 28 Rabi al-thani 1446 - Today
Publisher: Bayt
Post date: 28 Rabi al-thani 1446 - Today
Publisher: Bayt