Project Controller
1 week ago
**Purpose of Position**:
To maximize the company’s sales and profitability through managing the execution commercial contracts. This position is responsible for the identification and development of business opportunities and the profitable growth/management of projects, from inception to completion.
Mains tasks:
**Contract Management**
- Manage multiple projects commercially from award to final account stage, ensuring expected project margins are met.
- Review and interpret contracts to ensure compliance and maximize potential benefits.
- Process contracts in SAP, including order creation, billing plans, and revenue recognition.
- Monitor and review weekly site reports, updating final forecasts to ensure accurate billing and timely identification of change orders.
- Build and maintain strong relationships with customers to enhance opportunities for repeat business and additional scopes.
**Commercial Forecasting**
- Prepare weekly and monthly project profitability and cash flow forecasts in line with business requirements.
- Populate revenue, accruals, and reserves in project cost accounts, ensuring compliance with the revenue recognition policy and project accounting standards.
- Provide a summary of contract positions at month-end, explaining any revenue variances.
- Conduct detailed monthly project reviews to analyze profitability against bid and forecast expectations.
- Identify opportunities and risks, providing feedback to project delivery and proposals teams for proactive action.
- Present project profitability insights to the Senior Management Team monthly.
**Debt Collection and Cashflow Forecasting**
- Coordinate with the credit controller to update debt receipt timings, latest project billings, and retentions on a weekly basis.
- Assist in preparing a 13-week cash flow forecast for trade receivables, retentions, and unbilled amounts.
- Provide ad hoc project analysis as needed.
Support financial evidence collection for internal and external audits.
**Requirements**:
Graduate/Degree in Business, Accounting & Finance or equivalent preferred.
Background in contracts/project accounting is essential
Experience in commercial project management
Previous experience of managing project P&Ls
Project accounting experience
Cashflow & Project Profitability forecasting experience
Administration background
SAP experience is mandatory.
**Experience**:
- SAP: 1 year (required)
**Language**:
- English (required)
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