Monroe Consulting Group, an Executive Recruitment firm, is partnering with a leading organization in the Infrastructure & Energy Projects sector to recruit experienced professionals for multiple Project Finance Manager positions across Medan, Kabupaten Bekasi, Semarang, Surabaya, Lampung, Serang, Bogor, and Yogyakarta.
Position Overview
The Project Finance Manager will be responsible for overseeing financial planning, budgeting, cash flow management, project cost control, and financial governance across large-scale infrastructure and energy projects. This role will work closely with project delivery, procurement, commercial, and EPC stakeholders to ensure financial discipline, risk mitigation, and compliance throughout the project lifecycle.
Key Responsibilities
- Manage project budgets, cash flow requirements, funding forecasts, and financial reporting activities across assigned projects.
- Monitor project expenditures against approved budgets and identify financial risks, cost overruns, and mitigation opportunities.
- Review, validate, and control payments to contractors, suppliers, consultants, and other project stakeholders.
- Verify payment documentation, contract milestones, invoices, tax documentation, supporting evidence, and approval workflows prior to payment processing.
- Coordinate closely with Project, Procurement, Commercial, Contract Management, and EPC teams to ensure alignment between financial and operational activities.
- Develop and maintain project financial models, forecasts, and cost tracking mechanisms to support project performance management.
- Ensure compliance with internal financial policies, accounting standards, tax regulations, and project governance requirements.
- Prepare management reports and financial analyses on project performance, budget utilization, cash flow, and key financial indicators.
- Support project funding, financial planning, and decision-making through accurate financial insights and risk assessments.
- Participate in project reviews and provide recommendations to improve financial controls and project profitability.
Key Requirements
Qualifications & Experience
- Bachelor's degree in Finance, Accounting, Economics, Business Administration, or a related field.
- Minimum 10 years of relevant experience in finance, project finance, financial controls, or project accounting.
- At least 5 years of experience in a managerial, supervisory, or leadership capacity.
- Proven background in EPC, infrastructure, construction, power, energy, utilities, or other capital-intensive project environments.
- Experience managing finance activities throughout the project lifecycle, from planning through execution and project completion.
- Professional certifications such as CPA, CA, ACCA, or equivalent are advantageous.
- Previous experience in Big Four consulting firms, financial advisory, or project finance environments is highly preferred.
Technical / Functional Expertise
- Strong expertise in project finance, budgeting, forecasting, cash flow management, and financial reporting.
- Extensive experience in project cost control, financial risk management, and financial governance.
- In-depth understanding of EPC payment processes, contractor billing, payment verification, and contract administration.
- Strong knowledge of accounting principles, financial controls, and relevant tax regulations.
- Experience in reviewing project contracts, milestones, variations, and supporting documentation related to project payments.
- Advanced analytical and financial modeling skills with the ability to evaluate project performance and financial risks.
- Experience working with Chinese EPC contractors or international project stakeholders is considered a strong advantage.
- Proficiency in ERP systems, project finance tools, and Microsoft Excel.
Leadership & Behavioral Competencies
- Strong stakeholder management skills with the ability to collaborate across multiple functional teams.
- Excellent communication and presentation skills.
- Strong analytical thinking and problem-solving capabilities.
- High attention to detail and financial accuracy.
- Ability to manage multiple projects and priorities in a dynamic project environment.
- Results-oriented mindset with strong commercial and business acumen.
- Demonstrated capability to influence decision-making through financial insights and recommendations.