Project Finance Manager
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Job Location:
Monthly Salary:
Posted on:
10 hours ago
Vacancies:
1 Vacancy
Job Summary
Role Summary
The Project Finance Manager will be responsible for managing all financial aspects of residential estate development projects including budgeting cost monitoring financial reporting and cash flow management. The role ensures that project funding is properly managed costs are controlled and financial risks are minimized while supporting the estates long-term financial goals.
Key Responsibilities
(A) Project Financial Management
- Develop and manage project budgets and financial forecasts.
- Monitor project expenditures to ensure alignment with approved budgets.
- Track variations delays and cost overruns and advise management on corrective actions.
- Ensure proper allocation and utilization of project funds.
(B) Budgeting & Cost Control
- Prepare detailed cost plans and financial models for estate projects.
- Establish cost control processes to detect and prevent overspending.
- Review contractor invoices interim valuations and project payment schedules.
- Implement cost-saving strategies and value-engineering initiatives.
(C) Financial Reporting & Analysis
- Prepare monthly project financial reports including: Cost vs budget analysis Cash flow statement and Forecast completion cost
- Provide financial insights and recommendations to management.
- Ensure all project financial records are accurate and up to date.
(D) Cash Flow & Funding Management
- Forecast project cash flow requirements and ensure timely funding availability.
- Monitor receipt and use of project funds.
- Manage payment milestones with contractors and consultants.
- Liaise with banks investors or finance partners when required.
(E) Risk Management & Compliance
- Identify financial risks and propose mitigation plans.
- Ensure compliance with internal financial controls and policies.
- Support audit exercises by providing documentation and financial evidence.
- Ensure compliance with local regulations and applicable accounting standards.
(F) Systems & Documentation
- Maintain accurate documentation relating to project funding payments and contracts.
- Use project accounting systems or ERPs to track project transactions.
Qualifications :
- Bachelors Degree in Finance Accounting Economics or a related field.
- Professional certification such as ACA ACCA CFA CIMA or related qualification
- Minimum of 5 years experience in project finance preferably in real estate or construction.
- Experience managing budgets and financial reporting for estate developments.
Skills & Competencies
Technical Skills
- Project budgeting and cost control
- Financial analysis and forecasting
- Cash flow management
- Financial reporting
- Contract finance management
- Advanced Excel and financial modeling
- Knowledge of project accounting standards
Behavioral Competencies
- Strong analytical thinking
- Excellent communication and presentation skills
- Problem-solving ability
Additional Information :
- Good professional appearance and attitude.
- Diplomatic tactful discreet flexible resourceful and dependable
- Excellent leadership and project management skills
- Ability to work independently and as part of a team
- Outstanding organizational skills
- Strong attention to detail and a commitment to maintaining high safety standards.
Remote Work :
No
Employment Type :
Full-time
Key Skills
- Business Process
- Risk Management
- Key Stakeholders
- Sigma
- Financial Systems
- Finance
- Accounting
- PMO
- Project Management
- ERP
- Financial Project
- Financial Statements
- Ensure Compliance
- Financial Management
- Special projects
About Company
Alpha Mead Group is a Total Real Estate Solutions Company established to provide robust business support services to local and international Real Estate investors or owners with interests in Facilities Management, Real Estate Development and Advisory, Security Systems and Technologies ... View more
