Project Financial Officer - (CONTRACT) (N)

 

Recruiter:

PM Connection

Job Ref:

558881914

Date posted:

Wednesday, October 6, 2021

Location:

Cape Town, South Africa

Salary:

Negotiable


SUMMARY:
-

POSITION INFO:

About:

The Project Finance Officer is responsible for the implementation and ensuring adherence to the internal control frameworks, including business case and budget approvals, financial record keeping, financial reporting and audits related to project budgeting, procurement and financial management.

Â

Provide project finance support and direction to Project Managers, ensuring project financials are properly monitored and managed in pursuit of timely budget revisions so that projects do not exceed the latest signed budget value, all unbilled transactions are addressed through the revision request process, backlog phasing is reviewed with Project Management to ensure phasing is reasonable and overall clients receive high quality support to ensure their budgets are well managed throughout the lifetime of their projects.

Â

Job Objectives:

  • Provides the data needed to the Project and Delivery Managers as it relates to Budgets, Forecasts and Actual Project Spend.
  • Review budget details with the Project Manager; outlining action that should be taken to avoid revenue and/or billing issues and highlight budget adjustments to be incorporated in revision requests.
  • Coordinate with members of the Finance department on any specific actions required to address issues/challenges uncovered in the review of project finances.
  • Consolidate the individual project forecasts into an annual portfolio budget for all active projects and ensure that the amounts requested do not exceed the approved Business Case.
  • Employ financial oversight and control mechanisms and procedures to ensure that all project and programme expenses are in accordance with financial policies, procedures and rules and regulations.
  • Ensure the smooth implementation of project accounting activities, including timely and accurate invoicing, monitoring of expenditure levels against budget and funding obligations, financial projections and submission of weekly, monthly and annual financial reports.
  • Updates and maintains tracking sheets for project Purchase Orders, Provisions and Budget Transfers.
  • Conduct monthly review and analysis of assigned projects, including review of Budgets, Forecast and Actuals to determine if there are any budgetary issues which need to be addressed/escalated.
  • Develop and update Project Policies and Procedures guidelines for procurement, accounting and budgeting.
  • Provide appropriate training and support to PMs to ensure they have a clear understanding of the projects financial position and can clearly communicate the status to the stakeholder.
  • Provide assistance when necessary to internal or external auditors.

Â

Qualifications:

  • Bachelor’s Degree/Diploma in Economics or Finance field
  • Business/Project Administration Diploma (3 years)

Â

Experience:

  • 3-5 years of experience in a Project Finance/Administration role
  • Experience developing and monitoring project budgets and supporting the review and revision of project budgets
  • Proven track record of previous exposure to Projects and Project deliverables Experience in using productivity suite (MS O365)

Â

Knowledge and Skills:

  • Flexible and solution-orientated with the ability to work in a learning culture focused on knowledge building
  • Ability to work effectively in a cross-departmental team and liaise with various stakeholders
  • Proven analytical skills
  • Ability to prioritize and manage multiple tasks simultaneously
  • Excellent organizational skills and ability to work in fast-paced environment
  • A high degree of integrity, accountability, energy, and flexibility
  • Financial administration skills
  • Strong detail, accuracy, and quality orientation

Â

Kindly regard your application as unsuccessful if you have not heard from the agency within 2 weeks.



 

NB! This job is now closed. You can apply for other jobs by uploading your CV.



 

 

 

Similar jobs you might be interested in:

Chief Financial Officer
Location: Cape Town
Salary: 900 000 Annually
Our client, a trusted leader in the property industry with a proud 70-year legacy of excellence and innovation, is looking for a dynamic Chief nG>financialnG> nG>officernG> (CFO) to join their accomplished executive team.This is a standout opportunity to step into a strategic, client-facing leadership role within a business celebrated for its stability, integrity, and enduring success.As the nG>financialnG> custodi...
13 days ago


Chief Financial Officer
Location: Cape Town
Salary: 900 000 Annually
Our client, a respected leader in the property industry with over 70 years of excellence and innovation, is seeking a dynamic Chief nG>financialnG> nG>officernG> (CFO) to join their established executive team. This is a rare opportunity to take on a strategic, client-facing leadership role within a business known for its stability, integrity, and long-standing success. As the nG>financialnG> custodian of the group,...
28 days ago


Financial Manager
Location: Cape Town
Salary: 600 000 Annually
Our client, a leading player in the construction industry, is seeking a driven and dynamic nG>financialnG> Manager to join their growing team. This is the perfect opportunity for a newly qualified CA(SA) ready to take ownership of the full nG>financialnG> function and make a tangible impact in a fast-paced, hands-on environment.
Today


Construction Project Manager
Location: Capetown
Salary: Market-Related
We are seeking an accomplished nG>projectnG> Manager who can own delivery from inception to completion, drive accountability across multiple teams, and manage client expectations with confidence and clarity.
Today


Junior Project Manager - (CONTRACT)
Location: Cape Town
Salary:
Today


Fractional Financial Manager
Location: Somerset West
Salary:
Today


Team Manager – Contact Centre Sales
Location: Bellville
Salary: R30 000
About the CompanyOur client a well-established nG>financialnG> services provider, dedicated to providing customers with accessible and effective nG>financialnG> solutions. They are driven by a passion for empowering people to make confident nG>financialnG> decisions and achieve long-term success.About the RoleThe Team Manager will be responsible for leading and managing a team of Sales Consultants within a dynamic ...
1 day ago


Shipping Specialist
Location: Cape Town
Salary: 50000
A client of ours is looking for a  Shipping Specialist who will be responsible for the successful mapping of shipping plan for all RDM products, execution of shipping plan and delivery of final product from point of origin to the client at the agreed time and place. The incumbent will analyse the system employed in importing, exporting and transporting products and services.
1 day ago


Procurement Manager
Location: Somerset West
Salary:
Our client, a leading company based in Somerset West, Cape Town, is seeking an experienced Procurement Manager to join their dynamic team. The ideal candidate will have a strong background in buying, strategic sourcing, and supplier management, with proven experience in driving procurement excellence. A Grade 12 (Matric) qualification and relevant tertiary education are required, while a Certifica...
Today


Team Manager: Outbound Call Centre: Financial Services
Location: Cape Town
Salary:
1 day ago


Create a free job alert for Project Financial Officer - (CONTRACT) (N) in Cape Town

Enter your email address below and we will email you similar jobs when they become available:

You can cancel at any time. We will not spam you.
By giving us your email address your agree to our Terms and Conditions