Project Cost Controller

Job level Middle
Work exp Minimum 3 Years
Education Bachelor Degree
Language Chinese - Cantonese, English
Location Tai Kok Tsui
Employment type Permanent
Benefits 5-day week, Medical plan
Industry Engineering / Technical Services / Others
Job function Accounting > Financial Controller
Published On 04/11/2016
ref. 1611227

Responsibilities:

  • Understand the revenue recognition plan at project start and the billing plan (invoice and progress payments), manage and proceed the revenue recognition and billing with Projects Manager and Project Control Manager
  • Update revenue recognition plan as required and control proof documents for milestone recognition.
  • Check, control and monitor movements in Actual and Committed Costs on a monthly basis:
  • Manage and forecast cash movements monthly. Track cash-in overdue status, give alert to Project Managers and Project Control Manager.
  • Provide all necessary support to Project Managers on financial issues
  • Ensure that project data reporting is in line with approved Project reviews at Project level
  • Identification of invoicing triggering events, invoice format, steps from invoice generation until payment, preparation of project cash instruction.
  • Coordinate with the project team to ensure consistent accounting (revenue & margin recognition) and reporting across the project.
  • Develop strong relationships and continuous communication flows with project controllers on site and other controllers in participating sites where applicable
  • Ensure that all financial processes & instructions and internal controls, including delegation of authorities, are implemented and compliant

 

Requirements:

  • Bachelor degree in Accounting/Finance or related discipline
  • At least 3 years’ experience of project accounting & controlling
  • Experience in engineering/contracting/project management is preferred.
  • Proficiency in both written and spoken English.