Assistant Manager

2. Working Capital Management3. Cash Flow Projection, Management & Net Cash Flow (NCF)4. Project Execution Control5. Variance Analysis6. Overhead Budgeting and Control7. Capital Expenditure (Capex) Budget Management8. Overhead Recovery Booking9. Provision Entries for GIT, Sub-Contractor Costs and Overheads10. Performance Note Preparation

• Job-wise Revenue Recognition, Margin, Billing & Collection
• Monitor and ensure accurate revenue recognition for each project/job in accordance with accounting standards and company policies.
• Analyze project profitability by tracking gross margin and contribution margin at the job level.
• Review customer billing schedules and ensure timely invoicing as per contract milestones.
• Track accounts receivable, follow up with customers for collections, and minimize overdue outstanding balances.
• Provide regular reports on revenue, margin performance, billing status, and collection efficiency to management.
• Monitor and optimize working capital components, including receivables, payables, inventory, and advances.
• Analyze cash conversion cycles and identify opportunities to improve liquidity.
• Coordinate with operations, procurement, and finance teams to ensure efficient utilization of working capital.
• Develop strategies to reduce fund blockage and improve overall cash flow management.
• Prepare short-term and long-term cash flow forecasts based on business requirements and project schedules.
• Monitor actual cash flows against projections and identify variances.
• Ensure adequate liquidity for operational and project needs while minimizing financing costs.
• Prepare and analyze Net Cash Flow (NCF) reports for management decision-making.
• Support treasury activities related to cash planning, banking, and fund management.
• Monitor project financial performance throughout the project lifecycle.
• Review project budgets, costs, commitments, and resource utilization to ensure profitability.
• Work closely with project managers to identify risks, cost overruns, and corrective actions.
• Ensure compliance with approved budgets and project financial controls.
• Track project milestones and support management with timely financial insights.
• Perform detailed analysis of actual performance against budgets, forecasts, and prior periods.
• Investigate significant variances in revenue, costs, margins, cash flow, and overheads.
• Identify root causes of deviations and recommend corrective actions.
• Present variance analysis reports to management with actionable insights for performance improvement.
• Prepare annual overhead budgets in alignment with business objectives.
• Monitor departmental and corporate overhead expenses against approved budgets.
• Analyze spending patterns and identify cost-saving opportunities.
• Ensure proper allocation and control of indirect costs across projects and business units.
• Support management in maintaining operational efficiency through effective cost control measures.
• Prepare and monitor capital expenditure budgets for new investments and ongoing projects.
• Evaluate Capex proposals through financial analysis, ROI, and payback assessments.
• Track actual capital spending against approved budgets.
• Ensure compliance with company approval processes and capitalization policies.
• Provide management with regular updates on capital project status and utilization.
• Calculate and account for overhead recovery based on established allocation methodologies.
• Ensure accurate booking of overhead costs to projects, departments, or cost centers.
• Reconcile recovered overheads with actual expenses and analyze recovery variances.
• Support month-end and year-end closing activities related to cost allocation and recovery.
• Review and record provisions for Goods in Transit (GIT), subcontractor liabilities, and accrued overhead expenses.
• Ensure all costs are recognized in the appropriate accounting period following accrual accounting principles.
• Validate supporting documentation and estimates for provision calculations.
• Coordinate with procurement, project, and finance teams to ensure completeness and accuracy of provisions.
• Monitor provision reversals and adjustments in subsequent accounting periods.
• Prepare comprehensive monthly, quarterly, and annual performance notes for management review.
• Summarize key financial and operational performance indicators, including revenue, profitability, cash flow, and project status.
• Highlight significant variances, key achievements, challenges, and risk areas.
• Provide meaningful business insights and recommendations to support strategic decision-making.
• Present management reports and dashboards with clear commentary on business performance and future outlook.