Finance Administrator (construction project)

Responsibilities:

• Project Budget Management: Participation in the development, control, and regular updating of the project budget (CAPEX/OPEX), including tracking of actuals vs. planned (Budget vs. Actuals) and processing of budget changes in accordance with placed orders, paid or issued invoices and etc.
• Cash Flow & Payments: Preparation of payment schedules and cash flow forecasts; control of payment execution per contract terms (advances, milestones, final payments).
• Financial Reporting & Analysis: Preparation of monthly financial reports, variance analysis, and ad-hoc financial insights for project management.

Contract & Document Control:

• Maintenance of the contract register (local & international).
• Monitoring financial terms, obligations, and limits;
• Control and coordination of financial documentation flow (invoices, certificates of completion, payment acts);
• Support in processing change orders and amendments;
• Risk & Reserves Management: Oversight of financial risks and project reserves; evaluation of financial impact from scope or schedule changes;
• Stakeholder Coordination: Collaboration with corporate finance, auditors, legal, and procurement teams; support for investment committees and banks.
• Support for Project Closure: Reconciliation of contracts and payments, financial close-out, and preparation of financial lessons learned.

Requirements:

• Degree in Finance, Economics, or related field

• 3+ years of experience in project finance, preferably in construction

• Strong knowledge of budgeting (CAPEX/OPEX), cash flow forecasting, and variance analysis

• Experience with contracts, invoicing, and financial documentation control

• Understanding of financial risk and reserve management

• Advanced Excel skills; knowledge of ERP systems (1C, SAP, etc.)

• Strong analytical and communication skills

• Experience working with cross-functional teams (finance, legal, procurement, etc.)