Job Description: Job Title: Contracting and Finishing Financial Planner & Cost Controller Manager Location: Heliopolis Reports To: Project Manager/Senior Financial Manager Job Summary: The Contracting and Finishing Financial Planner & Cost Controller plays a crucial role in overseeing and managing the
financial aspects of construction projects, with a specific focus on contracting and finishing phases. This role involves
budget planning, cost control, financial analysis, forecasting, and ensuring adherence to financial guidelines and
regulations throughout the project lifecycle.
Responsibilities: 1. Budget Planning and Preparation:
- o Collaborate with project stakeholders to develop detailed project budgets for contracting and finishing stages, considering labor, materials, equipment, and overhead costs.
- o Conduct thorough cost estimation and analysis to ensure budgets are accurate and align with project requirements.
2. Cost Control and Monitoring:
- o Implement effective cost control measures to track project expenditures against approved budgets throughout the contracting and finishing phases.
- o Monitor project progress and financial performance, identifying variances and implementing corrective actions as needed.
3. Financial Reporting and Analysis:
- o Prepare regular financial reports, including cost reports, cash flow forecasts, and variance analysis, for project management and senior leadership.
- o Provide insights and recommendations based on financial analysis to optimize project profitability and efficiency.
4. Contract Management:
- o Review and analyze project contracts and agreements related to subcontractors, suppliers, and service providers.
- o Ensure contract terms are adhered to and manage change orders and variations to control costs effectively.
5. Risk Assessment and Mitigation:
- o Conduct risk assessments related to financial aspects of projects, identifying potential risks and developing mitigation strategies.
- o Ensure compliance with financial regulations, policies, and procedures to mitigate financial and legal risks.
6. Collaboration and Communication:
- o Collaborate closely with project managers, engineers, procurement teams, and subcontractors to align financial goals with project objectives.
- o Communicate financial status, forecasts, and recommendations to project stakeholders in a clear and concise manner.
7. Continuous Improvement:
- o Evaluate and implement process improvements and best practices in financial planning, cost control, and contract management.
- o Stay updated with industry trends, regulations, and technologies to enhance project financial management practices.
Skills and Qualifications: - Bachelors degree in Finance and Accounting. A Masters degree or professional certification (e.g., CPA, CFA) is advantageous.
- Proven experience in financial planning, cost control, and contract management within the construction industry, with a minimum of 8 years in a similar role.
- Strong analytical skills with proficiency in financial modeling, forecasting, and variance analysis.
- Excellent knowledge of construction project management principles, including scheduling, procurement, and risk management.
- Proficiency in financial software and tools (e.g., ERP & MS Excel) for budgeting, reporting, and analysis.
- Effective communication skills, both verbal and written, with the ability to present complex financial information to diverse audiences.
- Strong attention to detail and ability to work under pressure in a fast-paced environment.
Working Conditions: Work hours may vary based on project deadlines and financial reporting requirements.
Career Path: The role of Contracting and Finishing Financial Planner & Cost Controller provides a solid foundation for advancement to senior-level positions in financial management, project control, or strategic planning within the construction industry.
Working Place: Heliopolis, Cairo Governorate, Egypt