The Job location is Aktau, Kazakhstan.
The Project & Finance Controller will own the financial health of the company's projects and the integrity of its financial reporting for the Aktau, Kazakhstan operations. The role combines project cost control (budgeting, cash flow, margin tracking on engineering and fabrication orders) with core finance controllership (accounting, statutory compliance, MIS, and audit). The incumbent will work closely with divisional directors, sourcing, sales, and operations to ensure every project is priced correctly, executed within budget, and billed and collected on time.
Key Responsibilities
Project Financial Control
- Prepare project budgets from approved RFQs, bids, and quotations, and baseline them at order confirmation.
- Track actual cost against budget for material, labour, subcontracting, and overheads; report variances and margin erosion early.
- Maintain project-wise cash flow forecasts, including milestone billing, advances, retentions, and payment schedules.
- Support costing and pricing for bids and tenders, working with sourcing and sales teams.
- Monitor work-in-progress (WIP), cost-to-complete, and revenue recognition for long-cycle orders.
- Review change orders and claims for financial impact and ensure proper approval and documentation.
- Conduct post-project reviews and share learnings on cost estimation accuracy.
Financial Accounting & Controllership
- Oversee day-to-day accounting: accounts payable, accounts receivable, general ledger, bank reconciliations, and fixed assets.
- Ensure timely month-end and year-end closing with accurate, auditable books.
- Prepare monthly MIS, divisional P&L, balance sheet, and project profitability reports for management.
- Manage budgeting, forecasting, and variance analysis at company and division level.
- Monitor working capital, receivables ageing, and vendor payables; drive collections.
- Manage banking relationships, working capital limits, LC/BG requirements, and fund planning.
Compliance, Tax & Audit
- Ensure compliance with the Tax Code of the Republic of Kazakhstan: VAT, corporate income tax, personal income tax, social tax, and mandatory pension, social and medical insurance contributions.
- Coordinate with statutory auditors, internal auditors, and tax consultants; close audit observations in time.
- Prepare and review tax returns and filings through the State Revenue Committee portals, including electronic invoicing (ESF) and VAT reconciliations.
- Ensure compliance with Kazakhstan corporate, currency-control, and statutory filing requirements, including transfer pricing where applicable, in coordination with legal counsel and local advisors.
Internal Controls & Process Improvement
- Design and enforce internal controls, approval matrices, and financial policies (purchase, expense, capex, credit).
- Review vendor and customer onboarding from a financial risk perspective.
- Support ERP/accounting system implementation, improvements, and data integrity.
- Work with HR on payroll costing, statutory payments, and manpower cost budgets.
Leadership & Coordination
- Lead and mentor the accounts and finance team.
- Act as the finance partner to divisional directors, general managers, and project managers.
- Present financial performance and risk updates to senior management.
Qualifications & Experience
- Education: ACCA / CPA / CA / CMA preferred; alternatively MBA (Finance) or a Master's in Finance or Accounting with strong project-finance experience.
- Experience: 6–10 years in finance and accounts, with at least 4–5 years in project costing or controllership in a manufacturing, engineering, or fabrication environment. Experience with pressure vessels, heavy engineering, or capital equipment is a strong advantage.
- Prior experience leading a finance team, preferably in Kazakhstan or the wider CIS region. Fluent English is required; working Russian is strongly preferred.
Skills & CompetenciesTechnical
- Strong knowledge of IFRS and Kazakhstan accounting and tax regulations, including the Tax Code, VAT, and corporate income tax.
- Expertise in project costing, WIP valuation, and percentage-of-completion revenue recognition.
- Proficiency in ERP/accounting software (1C, SAP, or similar) and advanced Excel (pivot tables, financial modelling, dashboards).
- Sound understanding of banking instruments (working capital, LC, BG, term loans) and multi-currency accounting (KZT, USD, INR).
Behavioural
- Analytical thinker with strong attention to detail and commercial judgement.
- Clear communicator who can explain financial data to non-finance stakeholders.
- Integrity, confidentiality, and the ability to challenge assumptions constructively.
- Strong ownership, deadline discipline, and ability to work across divisions.
Key Performance Indicators
- Project margin achieved vs. budgeted margin
- Accuracy and timeliness of month-end close and MIS
- Receivables days (DSO) and collection efficiency
- Statutory compliance with zero penalties or delays
- Audit observations closed within timelines
- Cash flow forecast accuracy
Pay: ₹160,000.00 - ₹250,000.00 per month
Benefits:
Work Location: In person
