Budgeting and Forecasting:
- Develop and manage the project budget, ensuring accuracy and alignment with project goals.
- Collaborate with project managers to create accurate financial forecasts and identify potential risks and opportunities.
Financial Analysis:
- Conduct financial analysis to assess project profitability and financial viability.
- Provide recommendations based on financial analysis to optimize project performance.
Cost Control:
- Monitor project expenses and identify cost-saving opportunities.
- Implement and enforce cost control measures to ensure adherence to budget constraints.
Financial Reporting:
- Prepare and present regular financial reports to project stakeholders and senior management.
- Provide insightful analysis on financial performance and variances.
Cash Flow Management:
- Manage project cash flow to ensure sufficient funds are available for ongoing operations.
- Implement strategies to improve cash flow efficiency.
Contract Review and Compliance:
- Review project contracts and ensure compliance with financial terms and conditions.
- Collaborate with project teams to mitigate financial risks associated with contracts.
Financial Planning and Strategy:
- Contribute to the development of financial strategies for the construction project.
- Provide accurate financial insights to support strategic decision-making.
Audit and Compliance:
- Ensure compliance with financial regulations, accounting standards, and company policies.
Team Collaboration:
- Collaborate with cross-functional teams, including project managers, engineers, and procurement, to ensure financial objectives are aligned with project goals.
- Provide financial guidance and support to project team members.