Develop and maintain project budgets, forecasts and financial reports. Monitor expenditures and analyze variances between budgeted and actual costs.
Implement and enforce cost control procedures. Identify cost-saving opportunities and provide recommendations for improvement.
Conduct detailed cost and Sales forecasting to predict future project costs and sales based on current data and trends.
Regularly update forecasts to reflect changes in project scope, timelines, and market conditions. Prepare regular project status reports, including financial performance, progress updates and risk assessments.
Present findings to senior management and stakeholders.
Review and analyze contracts and purchase orders. Ensure compliance with contractual obligations and manage change orders.
Identify potential financial risks and develop mitigation strategies. Monitor project risks and implement corrective actions as needed.
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