Key Responsibilities:
- Monitor the ongoing financial performance of each job by preparing monthly project accounts, forecasts, and budgets, ensuring all commercial and financial reporting deadlines are met.
- Support the Projects Team by providing regular commercial analysis and information regarding expenditures, commitments, and the financial performance of the contract.
- Ensure internal cost reporting for the contract meets corporate accounting and commercial department requirements, and track recovery against costs, highlighting and resolving any associated issues promptly.
- Monitor and provide feedback on KPI performance, highlighting areas for improvement to optimize financial return.
- Liaise with commercial administrators to review invoices, ensuring they are presented to the client correctly and in a timely manner, with project management approval obtained.
- Monitor outstanding debtors, address any commercial problems, and optimize cash collection.
- Identify opportunities for revenue growth and cost minimization to enhance contract margins.
- Ensure labor and third-party reconciliations are completed on a monthly/quarterly basis.
- Understand the commercial terms and administration requirements for allocated contracts to manage and mitigate risks associated with contract delivery.
- Provide proactive advice and support to Project Teams regarding the commercial aspects of contracts.
- Collate relevant start-up information for jobs/phases and initiate contract setup as appropriate.
- Ensure all project activities, including minor estimates or CTRs, are undertaken in line with client approval processes and internal DOA prior to commencement.
- Perform all tasks and prepare all information in accordance with company policies, processes, and procedures.
- Establish and maintain relationships with internal and external clients.
- Support contract administration, including rate reviews, contract reviews, amendments, and incentive performance, ensuring all costs are fully recovered and accounted for.
- Provide commercial support in the preparation of tenders and new business proposals.
Essential Qualifications and Skills:
- Degree qualified, preferably in Finance/Accounting.
- Advanced skills in Microsoft Word and Excel.
- Experience with Oracle or similar ERP systems.
- Ability to work under pressure.
- Team player with proactive initiative.
- Excellent communication skills.
- Meticulous attention to detail.
- Experience with budgeting, forecasting, and month-end deliverables.
- Commercial knowledge.
- Previous experience in a similar role