Project Finance - Executive

Michezo Sports; Bengaluru; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Michezo Sports seeks a Project Finance Executive to lead financial planning and budgeting for multiple projects. The role focuses on cost monitoring, profitability analysis, and cash-flow management to ensure financial health across programs.

The incumbent collaborates with site engineers, procurement, and accounts to drive accurate reporting and timely financial closure. A commerce/finance background with ERP experience is essential.

Qualifications

• Bachelor's degree in Commerce, Finance, Accounting, Economics or Business Administration.
• MBA (Finance and Projects) preferred.
• PMI certification preferred.

Responsibilities

• Monitor project costs, expenditures, and profitability against budgets.
• Track project cash flows and ensure fund availability.
• Prepare monthly MIS reports and variance analyses.
• Assist in budgeting, forecasting, and financial reviews.
• Coordinate with Project, Procurement, Engineering, Commercial and Accounts teams.
• Monitor milestones from a financial perspective and flag cost overruns.
• Ensure billings align with contractual milestones and collect outstanding amounts.
• Review actual vs budgeted costs and recommend corrective actions.
• Maintain project financial documentation and support audits.

Skills

Financial analysis

Project finance knowledge

Advanced Excel

Budgeting & forecasting

Cash flow management

ERP literacy

Attention to detail

Communication skills

Multitasking

Stakeholder management

Education

Bachelor's Degree in Commerce/Finance/Economics/Business Administration

MBA (Finance and Projects)

PMI (Project Management Institute)

Tools

SAP

Oracle

Microsoft Dynamics

Job description

The Project Finance Executive will support the financial planning, budgeting, cost monitoring, and financial management of projects across the organization. The role involves preparing project budgets, monitoring actual costs against approved budgets, coordinating with internal stakeholders (Site Engineers, Supervisors, Procurement, and Suppliers), and providing timely financial and Cost reports to management. The incumbent will play a key role in ensuring project profitability, cash flow management, and compliance with organizational financial policies.

Key Responsibilities

• Monitor project costs, expenditures, and profitability against approved budgets.
• Track project cash flows and ensure adequate fund availability throughout the project lifecycle.
• Prepare monthly MIS reports, variance analysis, and project financial performance reports for management.
• Assist in project budgeting, forecasting, and periodic financial reviews.
• Coordinate with Project, Procurement, Engineering, Commercial, and Accounts teams to collect financial and operational data.
• Monitor project milestones from a financial perspective and identify cost overruns or budget deviations.
• Ensure project billings are completed as per agreed contractual milestones.
• Ensure Timely Followup will be done against billing and collecting outstandings
• Review actual project costs versus budgeted costs and recommend corrective actions where required.
• Ensure compliance with financing agreements, internal financial policies, and statutory requirements.
• Maintain project financial documentation, including approvals, funding records, invoices, and audit documentation.
• Support statutory audits, internal audits, lender due diligence, and project financial closure.
• Assist in preparing project profitability reports and management dashboards.
• Work closely with project managers to improve cost efficiency and financial performance.
• Monitor receivables, project collections, and customer billing status.

Qualifications

Essential

Bachelors Degree in Commerce, Finance, Accounting, Economics, or Business Administration.

Preferred

• MBA (Finance and Projects)
• PMI (Project Management Institute)

Required Skills

• Strong financial analysis and project finance knowledge.
• Advanced Microsoft Excel skills (Pivot Tables, Lookup Functions, Financial Models, Dashboards).
• Knowledge of budgeting, forecasting, and cash flow management.
• Understanding of project costing, project financing structures, and capital budgeting.
• Good understanding of accounting principles and financial statements.
• Experience with ERP systems such as SAP, Oracle, Microsoft Dynamics, or similar ERP software.
• Strong analytical, problem-solving, and organizational skills.
• Excellent communication and interpersonal skills.
• Ability to manage multiple projects simultaneously and meet deadlines.
• Strong attention to detail and accuracy.

Key Competencies

• Financial Planning & Analysis (FP&A)
• Budgeting & Forecasting
• Project Cost Control
• Financial Reporting & MIS
• Cash Flow Management
• Commercial & Business Acumen
• Risk Assessment
• Stakeholder Management
• Attention to Detail
• Team Collaboration
• Time Management
• Decision Making

Key Performance Indicators (KPIs)

• Accuracy and timeliness of project financial reports.
• Budget adherence and effectiveness of variance analysis.
• Accuracy of project cost tracking and forecasting.
• Timely completion of project financial models and feasibility analyses.
• Accuracy of cash flow forecasts.
• Timely milestone billing and collection support.
• Compliance with financial policies, statutory requirements, and reporting timelines.
• Quality and accuracy of MIS reports.
• Support provided for project funding, audits, and financial closure.
• Reduction in project cost overruns and improvement in project profitability.
• Timely identification and reporting of financial risks.