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Absa Group Ltd, Equity Bank Kenya , Kenyatta University, Oasis Outsourcing, UNEPProfession (Mid-level)
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Industry (Mid-level)
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BURHANI ENGINEERS
Engineering + 1 more
Description
Qualifications
- Bachelor’s degree in Accounting, Finance, Commerce, or related field.
- CPA (K), ACCA, or equivalent professional certification (mandatory).
- Master’s degree in Finance or Business Administration (an added advantage).
Experience
- Minimum 10 years of progressive experience in project finance, project accounting, or cost control preferably in electrical, mechanical, and engineering project environments.
- Strong expertise in project costing, WIP accounting, revenue recognition, and project financial modelling.
- Hands-on experience with ERP/project management systems such as SAP, Oracle, Microsoft Dynamics, or equivalent.
- Advanced proficiency in Excel, financial modeling, dashboards, and analytics
Responsibilities
Strategic Project Financial Planning & Oversight
- Lead development of project financial frameworks, policies, and cost-control standards across all projects.
- Oversee preparation and consolidation of project budgets, forecasts, cash flow projections, and long-term financial plans.
- Provide strategic guidance to improve project profitability, cost efficiency, and working capital optimization.
Project Cost Control & Governance
- Implement and enforce strong project cost control mechanisms including cost allocation, commitment tracking, and spend authorization processes.
- Review and approve major project financial transactions including supplier invoices, subcontractor claims, work orders, and material costs.
- Conduct periodic project performance reviews focusing on margins, variances, cost-to-complete, and risk exposure.
Revenue Assurance & Billing Management
- Oversee revenue recognition processes, ensuring compliance with accounting standards and company policies.
- Ensure timely and accurate client invoicing supported by BOQs, completion certificates, variation orders, and other documentation.
- Monitor receivables ageing and collaborate with project teams and clients to resolve billing disputes.
Contract, Risk & Compliance Management
- Review and validate financial terms in project contracts, purchase orders, and subcontractor agreements.
- Ensure compliance with statutory requirements, internal policies, tax obligations, and audit standards.
- Maintain complete audit-ready project financial documentation and lead project financial audits.
Financial Reporting & Stakeholder Collaboration
- Prepare comprehensive project financial reports for senior leadership, including profitability analysis, WIP schedules, and risk dashboards.
- Serve as the key liaison between Finance and project delivery teams, procurement, engineering, and commercial departments.
- Provide data-driven insights to support strategic decision-making and operational excellence across all projects.
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