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1. Financial Planning and Analysis: - Develop and maintain financial models for various projects, assessing profitability and ROI. - Prepare budgets and forecasts specifically for project-based financials. 2. Project Cost Management: - Analyse project costs, including labour, materials, and overheads, to ensure projects remain within budget. - Conduct cost-benefit analyses for new projects and product lines. 3. Variance Analysis: - Monitor and report on financial performance against project budgets and forecasts, providing insights into variances and potential corrective actions. 4. Performance Measurement: - Track key performance indicators (KPIs) relevant to projects and overall financial health, such as project margins and cash flow. 5. Reporting: - Prepare detailed reports and presentations for management regarding project financials, highlighting trends, risks, and opportunities. 6. Risk Assessment: - Identify financial risks associated with specific projects and develop mitigation strategies. 7. Collaboration with Project Managers: - Work closely with project managers to provide financial insights and support throughout the project lifecycle, from initiation to completion. 8. Compliance and Audit Support: - Ensure adherence to financial regulations and standards within project accounting. - Assist in internal and external audits related to project financials. 9. Data Analysis: - Use data analysis tools to gather insights from financial data, improving the accuracy of project forecasts and financial reports. 10. Continuous Improvement: - Identify opportunities for process improvements in financial reporting and project costing methods.
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