Project Finance & Cost Controller

JOB DETAILS :

Position Title : Project Finance & Cost Controller

Reports to : Project Manager and Finance Manager

Department : Cost & Accounts

Function : Cost

Job Code :

Prepared / Revised on :

JOB PURPOSE :

To compile, maintain, and provide timely, relevant, and accurate financial performance and cost management data. This individual will prepare and update monthly reports, track performance against projections, work with projects and personnel department to understand cost impacts of manpower status changes, implement corrective action plans to improve cost performance, investigate data and operational inconsistencies, and prepare and analyze monthly financial and operational reports.

JOB DIMENSIONS :

Number of Staff Supervised : Direct Reports : Accounts Officer, Job Cost Controller

Total : 24

KEY ACCOUNTABILITIES :

• Take active part in preparation of monthly cost reports in close interaction with the Senior Accountant and Finance Manager, generating reports incorporating comments on status on variations / claims / receivables etc.
• Identify areas for implementing internal control and effective reporting.
• Identify and examine costs inconsistent with projected values; review unusual cost records and ensure accuracy of cost data.
• Review costs and perform cost benefit analysis related to projects.
• Assist in calculation of cost savings for budget and measurement of actual savings.
• Serve as backup to the Accounting Assistant in all G / L transaction posting, standard journal entries and account reconciliations.
• Act as a resource to Projects regarding all accounting issues, reporting, and analysis.
• Complete and interpret cost audits.
• Process and analyze engineering project costs, including tooling, samples, and accounts payable and receivables.
• Prepare engineering project cost analysis reports for presentation to top management.

COMMUNICATIONS & WORKING RELATIONSHIPS :

Daily Contacts with Senior Accountant, Finance Manager, Project / Production Managers, Procurement, Planning, Personnel / HR and project team members.

FRAMEWORKS, BOUNDARIES & DECISION MAKING AUTHORITY :

Reports to Senior Accountant. Works according to established policies and professional standards. Completed work is subject to review by Senior Accountant and Finance Manager.

Job Specification

QUALIFICATIONS, EXPERIENCE, & SKILLS :

1. 1.5 years professional experience in cost accounting, preferably in EPC turnkey projects environment.

2. Bachelor's degree in accounting required.

3. Experience with ERP software required (JD Edwards preferred).

1. Must be well organized, detail-oriented, and good with numbers.

2. Good interpersonal skills.

3. Strong verbal and writing skills.

4. Self-starter.

5. Intermediate computer skills with Microsoft Office (Word, Excel, PowerPoint).

COMPETENCIES :

Information Technology and Services - Karachi, Pakistan

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