Projects Finance Controller at Burhani Engineers Ltd

Key Responsibilities

Strategic Project Financial Planning & Oversight

• Lead development of project financial frameworks, policies, and cost-control standards across all projects.
• Oversee preparation and consolidation of project budgets, forecasts, cash flow projections, and long-term financial plans.
• Provide strategic guidance to improve project profitability, cost efficiency, and working capital optimization.

Project Cost Control & Governance

• Implement and enforce strong project cost control mechanisms including cost allocation, commitment tracking, and spend authorization processes.
• Review and approve major project financial transactions including supplier invoices, subcontractor claims, work orders, and material costs.
• Conduct periodic project performance reviews focusing on margins, variances, cost-to-complete, and risk exposure.

Revenue Assurance & Billing Management

• Oversee revenue recognition processes, ensuring compliance with accounting standards and company policies.
• Ensure timely and accurate client invoicing supported by BOQs, completion certificates, variation orders, and other documentation.
• Monitor receivables ageing and collaborate with project teams and clients to resolve billing disputes.

Contract, Risk & Compliance Management

• Review and validate financial terms in project contracts, purchase orders, and subcontractor agreements.
• Ensure compliance with statutory requirements, internal policies, tax obligations, and audit standards.
• Maintain complete audit-ready project financial documentation and lead project financial audits.

Financial Reporting & Stakeholder Collaboration

• Prepare comprehensive project financial reports for senior leadership, including profitability analysis, WIP schedules, and risk dashboards.
• Serve as the key liaison between Finance and project delivery teams, procurement, engineering, and commercial departments.
• Provide data-driven insights to support strategic decision-making and operational excellence across all projects.

Qualifications

• Bachelor’s degree in Accounting, Finance, Commerce, or related field.
• CPA (K), ACCA, or equivalent professional certification (mandatory).
• Master’s degree in Finance or Business Administration (an added advantage).

Experience

• Minimum 10 years of progressive experience in project finance, project accounting, or cost control preferably in electrical, mechanical, and engineering project environments.
• Strong expertise in project costing, WIP accounting, revenue recognition, and project financial modelling.
• Hands-on experience with ERP/project management systems such as SAP, Oracle, Microsoft Dynamics, or equivalent.
• Advanced proficiency in Excel, financial modeling, dashboards, and analytics