Responsibilities
Budgeting & Financial Planning Protocols:
- Develop comprehensive capex and opex plans and detailed financial models for all upcoming and ongoing projects, ensuring alignment with strategic business objectives.
- Validate financial assumptions related to cost, timelines, and revenue impact, and ensure adherence to financial performance benchmarks such as Payback Period, Internal Rate of Return (IRR), and Return on Capital Employed (ROCE).
- Incorporate risk buffers and scenario analysis to strengthen planning accuracy and decision-making confidence.
Fund Utilization & Reporting Mechanisms:
- Monitor short- and long-term cash flow forecasts to ensure optimal fund availability and rational deployment across projects in coordination with the Treasury team.
- Oversee vendor billing processes, Letter of Credit (LC) utilization, and advance payments to maintain financial discipline and prevent working capital inefficiencies.
- Implement robust fund tracking and reporting systems to enhance transparency and accountability.
Financial & Operational Reporting:
- Consolidate project-level financial and operational data into structured, periodic reports for senior management and stakeholders.
- Automate recurring reporting processes where possible to improve efficiency and ensure real-time visibility into Capex performance.
Cost Governance & Financial Controls:
- Lead financial governance through regular variance analysis, highlighting deviations from budget and ensuring timely interventions.
- Prepare and present quarterly reports on key financial performance indicators (KPIs), enabling leadership visibility and proactive risk management.
- Establish and monitor internal financial controls, and initiate corrective measures in cases of overspending, budget breaches, or unapproved expenditures.
Value Engineering:
- Provide analytical and financial support during contract negotiations to ensure that final deals align with the organization’s cost optimization