Project Controller

Client of Talentmate

You will Need

• Strong knowledge of financial reporting, budgeting, and forecasting.
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills.
• Ability to work collaboratively with cross-functional teams.

Key Deliverables And Milestones

• Approved Project Controlling function charter.
• Standardized budgeting and reporting templates.
• Full implementation across all projects.
• Comprehensive financial reporting framework and KPIs.

What You Need To Do

• Financial Monitoring: Track project budgets, costs, and expenditures. Ensure that financial records are accurate and up-to-date.
• Risk Management: Identify financial risks and develop mitigation strategies. Monitor project financial performance and address any issues that arise.
• Performance Reporting: Prepare and present financial reports, including budget vs. actuals, project profitability, and cost to complete. Develop financial dashboards and reports for internal and external stakeholders.
• Stakeholder Engagement: Collaborate with project teams, finance teams, and senior management to ensure accurate financial tracking and risk identification. Provide regular updates on financial health, project performance, and risk mitigation.
• Process Definition: Establish standardized processes for project financial control, including budget planning and approval, cost tracking and reporting, risk identification and mitigation, and performance reporting.
• Tool Selection: Identify and select software tools for project cost tracking, budgeting, and reporting. Implement project management software for milestone tracking and project alignment.
• Team Training: Conduct training sessions for key stakeholders on new processes and tools. Set clear KPIs and performance metrics to measure project success.
• Continuous Improvement: Implement real-time monitoring tools and predictive analytics to proactively manage project risks and financial variances. Conduct regular post-project reviews and lessons learned sessions to improve financial control processes.