Finance Manager - EPC

Key Responsibilities:

1. Project Budgeting & WBS (Work Breakdown Structure):

• Develop, implement, and monitor project budgets aligned with contractual and execution milestones.
• Define and maintain WBS structures for financial tracking and reporting.
• Work closely with project and commercial teams for accurate budget forecasting and control.

2. Payments & Reconciliation:

• Ensure timely processing of vendor payments as per contract terms.
• Perform reconciliation of vendor accounts, subcontractor accounts, and project ledgers.
• Maintain strong audit trails and documentation for all transactions.

3. Collections Tracking:

• Monitor receivables and follow up on outstanding payments.
• Maintain a collection dashboard and coordinate with clients to reduce DSO (Days Sales Outstanding).
• Escalate and resolve issues that may delay collections.

4. GM (Gross Margin), IRR (Internal Rate of Return) Tracking:

• Track and analyze project-wise and overall business GM and IRR.
• Identify variances from plan and recommend corrective actions.
• Present profitability and return analysis for current and future projects.

5. Financial EPC MIS:

• Prepare monthly, quarterly, and annual financial MIS reports.
• Analyze variances and prepare commentary on financial performance.
• Support decision-making with timely and accurate data.

6. Working Capital & Cash Flow Management:

• Manage cash flow planning and liquidity for ongoing and upcoming projects.
• Optimize working capital by managing payables, receivables, and inventory.
• Coordinate with banks and financial institutions for fund requirements.