Responsibilities:
- Project Budget Management: Participation in the development, control, and regular updating of the project budget (CAPEX/OPEX), including tracking of actuals vs. planned (Budget vs. Actuals) and processing of budget changes in accordance with placed orders, paid or issued invoices and etc.
- Cash Flow & Payments: Preparation of payment schedules and cash flow forecasts; control of payment execution per contract terms (advances, milestones, final payments).
- Financial Reporting & Analysis: Preparation of monthly financial reports, variance analysis, and ad-hoc financial insights for project management.
Contract & Document Control:
- Maintenance of the contract register (local & international).
- Monitoring financial terms, obligations, and limits;
- Control and coordination of financial documentation flow (invoices, certificates of completion, payment acts);
- Support in processing change orders and amendments;
- Risk & Reserves Management: Oversight of financial risks and project reserves; evaluation of financial impact from scope or schedule changes;
- Stakeholder Coordination: Collaboration with corporate finance, auditors, legal, and procurement teams; support for investment committees and banks.
- Support for Project Closure: Reconciliation of contracts and payments, financial close-out, and preparation of financial lessons learned.
Requirements:
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Degree in Finance, Economics, or related field
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3+ years of experience in project finance, preferably in construction
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Strong knowledge of budgeting (CAPEX/OPEX), cash flow forecasting, and variance analysis
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Experience with contracts, invoicing, and financial documentation control
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Understanding of financial risk and reserve management
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Advanced Excel skills; knowledge of ERP systems (1C, SAP, etc.)
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Strong analytical and communication skills
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Experience working with cross-functional teams (finance, legal, procurement, etc.)