19 Aug
|
Michezo Sports Infrastructure
|
Bengaluru
19 Aug
Michezo Sports Infrastructure
Bengaluru
Job Summary
The Project Finance Executive will support the financial planning, budgeting, cost monitoring, and financial management of projects across the organization. The role involves preparing project budgets, monitoring actual costs against approved budgets, coordinating with internal stakeholders (Site Engineers, Supervisors, Procurement, and Suppliers), and providing timely financial and Cost reports to management. The incumbent will play a key role in ensuring project profitability, cash flow management, and compliance with organizational financial policies.
Key Responsibilities
- Monitor project costs, expenditures, and profitability against approved budgets.
- Track project cash flows and ensure adequate fund availability throughout the project lifecycle.
- Prepare monthly MIS reports, variance analysis, and project financial performance reports for management.
- Assist in project budgeting, forecasting, and periodic financial reviews.
- Coordinate with Project, Procurement, Engineering, Commercial, and Accounts teams to collect financial and operational data.
- Monitor project milestones from a financial perspective and identify cost overruns or budget deviations.
- Ensure project billings are completed as per agreed contractual milestones.
- Ensure Timely Followup will be done against billing and collecting outstandings
- Review actual project costs versus budgeted costs and recommend corrective actions where required.
- Ensure compliance with financing agreements, internal financial policies, and statutory requirements.
- Maintain project financial documentation, including approvals, funding records, invoices, and audit documentation.
- Support statutory audits, internal audits, lender due diligence, and project financial closure.
- Assist in preparing project profitability reports and management dashboards.
- Work closely with project managers to improve cost efficiency and financial performance.
- Monitor receivables, project collections, and customer billing status.
Qualifications Essential
Bachelor's Degree in Commerce, Finance, Accounting, Economics, or Business Administration.
Preferred
MBA (Finance and Projects)
PMI ( Project Management Institute )
Required Skills
Strong financial analysis and project finance knowledge.
Advanced Microsoft Excel skills (Pivot Tables, Lookup Functions, Financial Models, Dashboards).
Knowledge of budgeting, forecasting, and cash flow management.
Understanding of project costing, project financing structures, and capital budgeting.
Good understanding of accounting principles and financial statements.
Experience with ERP systems such as SAP, Oracle, Microsoft Dynamics, or similar ERP software.
Robust analytical, problem-solving, and organizational skills.
Excellent communication and interpersonal skills.
Ability to manage multiple projects simultaneously and meet deadlines.
Strong attention to detail and accuracy.
Key Competencies
Financial Planning & Analysis (FP&A;)
Budgeting & Forecasting
Project Cost Control
Financial Reporting & MIS
Cash Flow Management
Commercial & Business Acumen
Risk Assessment
Stakeholder Management
Attention to Detail
Team Collaboration
Time Management
Decision Making
Key Performance Indicators (KPIs)
Accuracy and timeliness of project financial reports.
Budget adherence and effectiveness of variance analysis.
Accuracy of project cost tracking and forecasting.
Timely completion of project financial models and feasibility analyses.
Accuracy of cash flow forecasts.
Timely milestone billing and collection support.
Compliance with financial policies, statutory requirements, and reporting timelines.
Quality and accuracy of MIS reports.
Support provided for project funding, audits, and financial closure.
Reduction in project cost overruns and improvement in project profitability.
Timely identification and reporting of financial risks.
📌 Project Finance Executive (Bengaluru)
🏢 Michezo Sports Infrastructure
📍 Bengaluru