Financial Operations Specialist
7 days ago
Key Responsibilities:
- Maintain internal financial control over the project, ensuring compliance with company policies and procedures.
- Process and record project costs accurately and in a timely manner, adhering to contractual terms and financial regulations.
- Coordinate with the client audit team to ensure seamless interface and resolution of any audit-related issues.
- Collaborate with project procurement and subcontracts functions to report commitment amounts and ensure accurate financial reporting.
- Prepare and review monthly and quarterly financial reports, including project cash flow, and present them to the Project Management Team.
- Work closely with the Project Manager and Project Cost Controls to prepare project cost reporting and review project profit estimates.
- Review commercial sections of major purchase orders and subcontracts for compliance with company policies and procedures.
- Ensure that all activities involving foreign currency are hedged according to company policy.
- Facilitate communication and coordination with other departments on project-related financial matters, maintaining a strong interface throughout the project lifecycle.
- Review and analyze costs charged to the project, identifying areas for cost optimization and process improvement.
- Identify and assess project-related business risks, recommending mitigation plans to ensure project financial stability.
- Manage accounts payable processing for the project, ensuring timely and accurate payment to vendors and suppliers.
Requirements:
- Five plus (5+) years of experience in financial management, preferably in the oil and gas, EPCI, or construction industry.
- Bachelor's degree in Finance and Accounting required, with relevant certification such as Chartered Accountant, ACCA, CPA, etc.
- Proficiency in MS Excel and ERP environment, with ability to analyze complex financial data and develop effective solutions.
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