
Project Budget Controller
5 days ago
The Project Budget Controller is responsible for planning, tracking, and controlling project budgets to ensure financial efficiency and compliance with company policies. This role acts as the primary liaison between project managers, finance teams, and other stakeholders to maintain transparency and control over project financials.
Key Responsibilities :
1. Budget Planning & Forecasting
Develop, consolidate, and maintain project budgets in collaboration with project managers and finance teams.
Prepare financial forecasts, cash flow projections, and cost-to-complete analyses for all phases of the project.
Ensure budgets align with organizational goals, contract requirements, and funding approvals.
2. Financial Monitoring & Reporting
Track actual project expenditures against approved budgets on a regular basis.
Identify variances, analyze their causes, and propose corrective actions to management.
Prepare periodic financial status reports, dashboards, and presentations for internal and external stakeholders.
3. Cost Control & Compliance
Implement cost-control measures and ensure adherence to financial policies and procedures.
Review and approve project-related invoices, purchase orders, and expense claims for budget compliance.
Conduct regular audits of project spending to ensure accuracy and prevent overrun.
4. Risk Management
Monitor financial risks and develop mitigation strategies for budget-related issues.
Flag potential cost overruns early and provide recommendations for budget reallocation or scope adjustments.
5. Stakeholder Collaboration
Work closely with project managers, procurement, and finance departments to ensure clear communication of budget status.
Support contract management by verifying
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