Project Cost Controller

Job ID

2024-1737

Category

Finance/Accounting

Location : City

Cairo

Location : Country (Full Name)

Egypt

Want to join a frontrunner in renewable energy that is actively seeking early entry into new markets globally? Since the establishment in 2007, Scatec has acquired extensive knowledge and experience in developing, building and operating solar, wind and hydro power plants and storage solutions. Driven by our company values and competent global workforce, we aim to deliver competitive and sustaAinable renewable energy globally; protect our environment and improve quality of life through innovative integration of technology; and create shareholder value. We are present on four continents and are headquartered in Oslo, Norway.

Main purpose of position
Currently we are looking for a Project Cost Controller in Cairo, Egypt to be part of our global team working together towards our vision – Improving our future. As our Project Cost Controller, you will be covering activities such as business partnering with non-finance teams to add value to the construction segment, driving strategy and profitability across the different projects.

The position is a key resource in the Finance team and will report to the Head of Business Controlling. The role will have sole responsibility for all cost-controlling related activities on the projects in Egypt.

Main responsibilities

• Create a fully developed detailed project budget together with the Project Manager (PM) and procurement.
• Collaborate with PM, procurement, and engineering to develop and maintain the project cost forecast on an ongoing basis.
• Work closely with the PM to generate all required project status reports for the project team and internal management.
• Maintains project cash flows monitoring both the forecasted cash flows and actual cash flows of the project.
• Create a cost controlling template for internal reporting
• Perform delta analysis of actual projects costs vs budget on an ongoing basis bringing to the Project Managers attention any deviations and or variations to the budget.
• Manage the risks and opportunities portfolio for the project together with the Project Manager (PM) and maintain the risk register.
• Evaluate the financial impact on the project margin of changes and variations in Scope of Work.
• Responsible for Project Monthly close-out performing financial analysis and reporting on all key figures of the projects in scope (revenue, cost of sale and gross margin).
• Check the accuracy of project actual internal costs – salaries, travel expenses and booking of time in line with the budget.
• Follow the contractual milestone payment plan and check documents/activities required for payment.
• Work with the business controlling team to improve the project cost controlling process, leading certain sub-processes in line with experience.
• Close communication and collaboration with our local accounting services provider.
• Work on developing reporting pack for our partners and other stakeholders.

Qualifications and competencies

• Education: University degree in finance, Business or equivalent.
• Fluent in English, spoken and written
• You are used to changing environments and to quickly meet new challenges
• 3-6 years of relevant work experience, preferably from an international environment
• Master Microsoft office and Business intelligence tools
• Fluent in English and Arabic, written and verbally

Personal characteristics

It is part of every employees’ terms of reference to contribute to Scatec's vision: Improving our Future and adhere to our company values which are:

• Predictable: demonstrate clear communication and listening skills, shares information in an open and honest way
• Driving results: demonstrate determination, pro-activeness, can prioritise and work independently
• Changemaker: demonstrate entrepreneurship, can challenge, fast learner, take initiates and adjust
• Working together: demonstrate teamwork, shares responsibilities, can compromise, has a can-do attitude

For the particular role we also expect

• Ability to consolidate data from several sources for presentation, being able to efficiently process and evaluate large data volumes and propose actions based on findings
• Ability to build strong networks and collaborate efficiently with functions outside of finance. Support the project team in making sound business decisions
• Quick learner with strong analytical and problem-solving skills
• Detail oriented person

We offer
Scatec is an exciting, innovative and ambitious company operating in a growing industry. We offer a challenging and interesting position where you will be part of a flexible, diverse and truly international working environment consisting of highly competent and committed colleagues with a positive drive to make a difference.

Scatec is an equal opportunity employer and values diversity. All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, national origin, disability status, protected veteran status, or any other basis protected by appropriate law. All hiring decisions are made based on merit, competence and business need.

Applications will be processed on a continuous basis.