• Provide timely and accurate project financial information.
• Provide detailed and probing projects financial analysis.
• Monthly financial reports (including project profit and loss, project balance sheet, project variance analysis, etc.).
• Prepare project annual budget & quarterly forecasts in collaboration with project management team (site, overhead costs and capital expenditures, project capital assets employed).
• Review the project forecast in detail to ensure having an accurate & reliable estimate to complete.
• Prepare profitability analysis and gross profit variation reports for all projects.
• Ensure billings, are prepared on a timely basis and prompt collection of receivables.
• Report on the variation and status of accounts receivable and unbilled revenues and ensure proactive follow-ups.
• Analysis of Trial Balance.
• Liaise and coordinate with corporate treasury with respect to the issuance of bank guarantees/letters of credit & initiate request of cancellation of all bank guarantees that are no longer required.
• Liaise and coordinate with corporate treasury and corporate payables on the suppliers payments priority list.
• Prepare accurate & reliable monthly cash flow forecast in coordination with project management.
• Ensure monthly financial review of the project performance (regular review of billing, actual executed work, actual cost, cost to complete & overheads).
• Highlight problems and issues on projects to project management on a timely basis.
• Assist project directors and managers with the use/understanding of ERP and assist the project personnel in the use of a cost control and accumulation tools in compliance with the standards of SISCO Group.
• Verify and approve all cost effect transactions.
• Apply revenue recognition method that complies with IFRS.
• Identify potential risks in conjunction with project management team and ensure remediation plans are developed for deficiencies identified and ensure these plans are put into place.
• Prepare the reconciliation analysis for unbilled revenue on monthly basis.
• Ensure that financial controls are adequately implemented on all project sites.