Job Description

Key Responsibilities:

• Budget Development and Monitoring: Assist in the creation, monitoring, and amendment of project budgets for solar and wind projects under construction.
• Cost Tracking and Control: Track project expenditures and ensure that they align with the approved budgets. Report any deviations and take corrective actions when necessary.
• SAP Budgeting and T-codes: Utilize SAP to manage and monitor construction project budgets, including budget creation, budget amendments, actualised costs, budget adjustments and uploads using relevant T-codes. Ensure that WBS elements and GL codes are properly set up and used for cost tracking.
• Monitor Open POs/PRs: Regularly monitor open Purchase Orders (POs) and Purchase Requisitions (PRs) to ensure alignment with project budgets.
• WBS and GL Code Allocation: Allocate costs accurately to WBS elements and ensure that expenditures are mapped correctly to the appropriate GL codes in SAP.
• Financial Reporting: Generate periodic reports on budget status, cost variances, and actualized costs for stakeholders, including project managers, finance teams, and senior management.
• Variance Analysis: Analyze cost variances and provide actionable insights and recommendations for corrective actions to project teams.
• Cash Flow and Forecasting: Assist in forecasting cash flow requirements based on project progress and expenditures, and align them with project timelines.