PROJECT FINANCE MANAGER AT ALPHA MEAD GROUP

About Company:

Alpha Mead Group is a Total Real Estate Solutions Company established to provide robust business support services to local and international Real Estate investors or owners with interests in Facilities Management, Real Estate Development and Advisory, Security Systems and Technologies, Training, Healthcare Management, and Real Estate Financing Services.

Job Description:

Project Financial Management:

• Develop and manage project budgets and financial forecasts.
• Monitor project expenditures to ensure alignment with approved budgets.
• Track variations, delays, and cost overruns and advise management on corrective actions.
• Ensure proper allocation and utilization of project funds.

Budgeting & Cost Control:

• Prepare detailed cost plans and financial models for estate projects.
• Establish cost control processes to detect and prevent overspending.
• Review contractor invoices, interim valuations, and project payment schedules.
• Implement cost-saving strategies and value-engineering initiatives.

Financial Reporting & Analysis:

• Prepare monthly project financial reports, including: Cost vs budget analysis, Cash flow statement, and Forecast completion cost
• Provide financial insights and recommendations to management.
• Ensure all project financial records are accurate and up to date.

Cash Flow & Funding Management:

• Forecast project cash flow requirements and ensure timely funding availability.
• Monitor receipt and use of project funds.
• Manage payment milestones with contractors and consultants.
• Liaise with banks, investors, or finance partners when required.

Risk Management & Compliance:

• Identify financial risks and propose mitigation plans.
• Ensure compliance with internal financial controls and policies.
• Support audit exercises by providing documentation and financial evidence.
• Ensure compliance with local regulations and applicable accounting standards.

Systems & Documentation:

• Maintain accurate documentation relating to project funding, payments, and contracts.
• Use project accounting systems or ERPs to track project transactions.

Requirements:

• Project budgeting and cost control.
• Financial analysis and forecasting.
• Cash flow management.
• Financial reporting.
• Contract finance management.
• Advanced Excel and financial modeling.
• Knowledge of project accounting standards.

Qualifications and Skills:

• Bachelor’s Degree in Finance, Accounting, Economics, or a related field.
• Professional certification such as ACA, ACCA, CFA, CIMA, or related qualification
• Minimum of 5 years experience in project finance, preferably in real estate or construction.
• Experience managing budgets and financial reporting for estate developments.

Salary

Application Closing Date: Not specified

Application Instructions:

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