Euro Mechanical
Website:
euromechanical.com
Job details:
Euro Mechanical is looking for a Project Control Specialist to work remotely from their home country.
The role will support the day-to-day financial and commercial management of manpower supply projects. The successful candidate must have practical experience in managing project budgets, revenue, costs, invoicing, payroll-related inputs, purchase orders, and financial performance within a manpower supply business model.
This position is focused on manpower project finance and commercial operations rather than heavy EPC, engineering, or construction project controls.
Key Responsibilities
- Manage the day-to-day financial and commercial activities of ongoing manpower supply projects.
- Prepare and monitor project budgets, cost forecasts, revenue forecasts, and monthly financial reports.
- Perform detailed budget-versus-actual analysis and identify cost, revenue, and operational variances.
- Investigate financial gaps and coordinate with Operations, Finance, Payroll, Recruitment, and Project teams to resolve discrepancies.
- Reconcile budgeted manpower costs against actual project performance, including salaries, allowances, overtime, accommodation, transportation, recruitment, visas, travel, and other employee-related expenses.
- Monitor project profitability, gross margins, cost consumption, and overall financial performance.
- Prepare monthly revenue recognition summaries based on mobilized manpower, approved timesheets, contractual rates, and billable hours.
- Coordinate monthly invoice preparation, verification, supporting documentation, client approvals, and invoice submission.
- Track unbilled revenue, pending invoices, outstanding payments, and delayed customer approvals.
- Review employee timesheets, hour journals, mobilization records, employee codes, billing categories, and sales rates in ERP.
- Coordinate with Operations and Payroll teams to ensure manpower costs and billable hours are accurately recorded.
- Monitor purchase orders, contract values, amendments, extensions, renewals, and balance consumption.
- Maintain accurate commercial records for manpower contracts, employee deployments, client rates, and project costs.
- Prepare monthly management reports highlighting budget variances, financial risks, margin performance, and corrective actions.
- Support cost optimization initiatives and recommend measures to improve project profitability.
- Ensure compliance with contractual terms, internal financial controls, company policies, and client requirements.
- Coordinate closely with Project Managers, Operations Managers, Finance, Payroll, Recruitment, Procurement, clients, and other internal stakeholders.
Requirements
- Bachelor’s degree in Finance, Accounting, Business Administration, Commerce, or a related field.
- Minimum 8–10 years of relevant experience in project finance, commercial operations, accounting, or financial analysis.
- Proven experience in the manpower supply, staffing, workforce outsourcing, facilities management, or similar service-based business model.
- Strong practical experience in budget-versus-actual analysis, financial variance analysis, reconciliation, forecasting, and project profitability reporting.
- Good understanding of manpower-related cost components, including salaries, overtime, allowances, accommodation, transportation, visas, recruitment, travel, and employee mobilization costs.
- Experience in timesheet-based invoicing, revenue recognition, client billing, payroll coordination, and project cost tracking.
- Strong experience in contract value tracking, purchase orders, invoicing, collections, and financial reporting.
- Good working knowledge of Microsoft Excel and other MS Office applications.
- Experience with Dynamics 365, ERP systems, Power BI, or similar financial reporting tools will be an advantage.
- Strong analytical, numerical, reconciliation, reporting, and problem-solving skills.
- Ability to identify financial gaps, investigate variances, and recommend practical corrective actions.
- Strong communication and coordination skills, with the ability to work independently in a remote working environment.
- Oil & Gas manpower supply experience will be an added advantage.
Core Competencies
- Financial and commercial awareness
- Budget and cost control
- Variance analysis and reconciliation
- Revenue and profitability management
- Attention to detail
- Analytical thinking
- Stakeholder coordination
- Proactive communication
- Problem-solving
- Business insight
To express your interest, please apply online. Suitable candidates will be contacted shortly.
Click on Apply to know more.