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Job Description
- Monitor and track project costs throughout the lifecycle, from budgeting and planning to execution and closure.
- Prepare detailed cost reports, forecasts, and variance analysis against budget and actual spend.
- Ensure all project expenditures are accurately recorded and aligned with accounting standards and internal policies.
- Coordinate with project managers to review progress, update cost projections, and flag deviations early.
- Work closely with procurement and warehouse teams to match purchases and inventory usage with project codes.
- Assist in the preparation of CAPEX justifications, budget submissions, and fixed asset capitalization.
- Generate monthly dashboards and financial summaries for senior management.
- Support audits and ensure documentation is complete, consistent, and readily available.
- Maintain and update project tracking tools, spreadsheets, and ERP reports.
- Continuously seek ways to improve cost control processes and tools.
Job Requirements
- Bachelor’s degree in accounting or finance.
- Proven experience in inventory control and project cost tracking, preferably in a manufacturing or industrial environment.
- Strong understanding of cost accounting principles, inventory valuation, Fixed assets management and project budgeting.
- Proficiency in ERP systems.
- Solid understanding of project lifecycle phases, budgeting, cost estimation, and tracking of actual vs. planned costs.
- Excellent analytical and problem-solving skills.
- Detail-oriented with strong organizational and time management abilities.
- Ability to work closely with engineering, procurement, and operations teams to monitor project progress and control spending.
- Familiarity with capital expenditure (CAPEX) processes and fixed asset capitalization.
- Experience in preparing project reports, dashboards, and variance analysis for management review.
- Strong skills in Excel, including pivot tables, formulas, and data visualization tools.