Location: Central West
Working hrs: Mon - Fri, 8.30am - 5.30pm
Responsibilities:
Financial Monitoring & Analysis:
- Take full ownership of the financial health of assigned projects, rigorously monitoring actuals vs. budget/forecast.
- Prepare high-quality monthly Project Status Reports (PSR), analyzing variances, identifying trends, and highlighting financial risks and opportunities to project leadership and senior management.
- Conduct deep-dive analyses into project cost structures to ensure accuracy and identify areas for cost optimization.
Tendering & Commercial Support:
- Partner actively with Proposal Managers during the pre-contract phase.
- Critically review tender costings, validate assumptions, and assess the financial implications of commercial terms and contract conditions before offer submission.
Operational Controllership:
- Drive the daily project controlling mechanism, including validating vendor invoices against project milestones, managing delivery documentation, and ensuring timely customer billing.
- Proactively manage working capital by driving debt collection efforts and optimizing billing schedules.
- Administer commercial instruments, including arranging necessary insurance policies, performance bonds, and bank guarantees.
Forecasting & Month-End:
- Drive the project month-end closing process, ensuring accurate revenue recognition (e.g., Percentage of Completion method) and appropriate cost accruals in compliance with accounting standards.
- Develop robust and realistic monthly forecasts for revenue, gross margin, and cash flow, minimizing surprises.
Stakeholder Management & Compliance:
- Act as a trusted business partner to Project Managers and engineering teams, challenging assumptions and providing financial data to support operational decision-making.
- Ensure project compliance with internal work instructions, financial processes, and delegation of authority guidelines.
- Manage commercial aspects of logistics, including inward/outward shipment documentation and Letter of Credit (L/C) compliance where necessary.
Requirements:
- Degree in Accountancy, Finance, Business Administration, or a related commercial discipline.
- Minimum 3 years of relevant experience in project accounting or commercial finance.
- Preferably within engineering, construction, manufacturing, or similar project-based industries.
- Prior hands-on experience with Microsoft Business Central (Navision)system is preferred.
- Strong grasp of project accounting principles (e.g., revenue recognition standards, WIP analysis, project costing methods).
HOW TO APPLY
Interested applicants, kindly click on APPLY NOW or send your resume in MS WORD format to hestia.wong(at)trustrecruit.com.sg
We regret only shortlisted candidates will be notified.
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Trust Recruit Pte Ltd
EA License No: 19C9950
EA Personnel: Wong Ying Huan (Hestia)
EA Personnel Reg No: R24122431