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Scope
The Site Financial Controller is responsible for the accounting aspects of the project and assisting the Project Construction Manager and CFO in controlling and executing all matters relating to the accounting functions during the construction.
Key Accountabilities and Activities
Financial Managementfor the Construction of the Factory
• Work with the Project Construction Manager to develop and execute an on-going forecast and cash flow analysis.
• Manage the construction budget planning & rolling forecast process.
• Periodic review of actual and forecast accounted/paid amounts with Project Construction to ensure accurate reporting and to be in line with approved budget.
• Coordinate and communicate on a regular basis with the Project Construction Manager while ensuring to advise of any anticipated problems in advance to be able to take corrective action in a timely and proactive manner.
• Ensure appropriate procedures for financial reporting, record keeping and documentation which maintains files in an orderly, accurate and current manner.
• Prepares regular follow up of committed / accounted / paid, leading to a mid -period review of CAB position for the current period, and influences decision to adjust (or not) the period-to-go spend.
• Attendance at weekly construction team meetings to understand current status of construction and highlight any activity that will have an impact to the financial situation.
• Supply information to and work with Local CFO and related department for all hedging requirements.
• Work with the Inbound Logistics Coordinator to understand the schedule of inbound machineryto maximize Hedging opportunities and to anticipate any payments to suppliers or local tariffs.
• Generate Purchase Orders from the Purchase Requisitions given by the Project Construction Manager.
• Follow the payment of all invoices after sign off from the Project Construction Manager.
• Work with the InboundLogistic Co-ordinator to forecast and account for any duty/tariff’s for machinery outside any FTA’s.
• Support the Inbound Logistic Co-ordinator with all financial information required under local import regulations to obtain the maximum benefits related to the machinery to be imported, under the various FTA’s available.
• Work closely with the Inbound Logistics on the procurement schedule as set out by the project management team and report any deviation asap.as to avoid any impact to the construction schedule or cost.
• Hold regular meetings with the General Contractors and Financial Controller to be aligned on the payment schedule, milestones and report discrepancies to the Construction Manager
• Supply to the Construction Administration Support on a period by period the financial data required for project reporting.
• Track with the support of Project Construction Manager and Construction Administration Support FAA (Goods delivered on site or Construction in Progress) and ensure after documented by Construction Management that the asset
registered.
• Attend all Project Review Meetings and present current financial position of the project
• Attend any meetings related to a change of scope to the project and evaluate the impact of any change on the financial situation.
• Checking of all local supplier invoices vs quotes and PO’s.
Insurance
• Track and file insurance certificates from Contractor
• Initiate and maintain owners construction insurance policy during the construction of the factory through the appointed insurance broker.
Governance
Ensures compliance of internal control policies during the construction of the factory.
Serve as a key point of contact for external auditors; Manage preparation and support of all external audits regarding plant business.
Follow and administer Company financial governances are followed with all documentation in place |
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• Over 7years’ experience in Finance & General accounting
• BA in Finance or Accounting or Business Administration
• Have experience in construction industry (preferably)
• Ability to multi-task, work under pressure and meet deadlines required
• High level of integrity and dependability with a strong sense of urgency, follow-up and results- orientated
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Necessary Technical / Functional Skills
• Computer literacy
• English communication skills – verbal and written |
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