Economist - Project Cost Controller

We are looking for an experienced, analytical and independent person who will be responsible for monitoring the economics of our projects, including budgeting, cost control, cash flow planning, financial and economic analysis and monitoring of contractual obligations.
The position involves close cooperation with the project team, management and financial functions of the company, with the aim of having a clear and reliable picture of the project budget, assumed obligations, realized and paid costs, expected expenses and financial risks at all times.

Main Responsibilities:
· management, control and regular updating of project budgets
· planning and allocation of costs in accordance with the dynamics of the project and the work execution plan
· monitoring budget realization through key categories
· plan-realization of budget analysis, identification of significant deviations, analysis of their causes and assessment of the impact on the final value of the project
· creating and regularly updating the cost forecast until the end of the project
· assessment of future costs, dynamics of contracting and implementation of works that have not yet been contracted
· preparing and regularly updating Cash Flow projections for individual projects and company operations
· timely identification of financial risks and possible budget overruns, with the preparation of explanations and proposals for further action
· preparation and monitoring of financial and economic indicators and reports for the needs of management
· consolidation, comparison and financial-economic analysis of offers from contractors and suppliers
· participation in tender commissions and negotiations with contractors in the part related to commercial and financial conditions
· monitoring of contractual obligations and control of financial aspects of contract implementation
· checking of calculations and documentation for the performed works in relation to the contracted conditions
· coordination of financial and economic issues between the local project team and other financial and business functions of the company
· provision of accurate, up-to-date and structured financial and economic data required for decision-making
· participation in the optimization of project costs and Value Engineering initiatives from the financial and economic aspect
· participation in the development and improvement of the reporting system, analysis and internal financial processes

We expect:
· higher education in economic, financial or other appropriate direction
· relevant experience in project economics, financial planning, budgeting, cost control or financial-economic analysis
· good understanding of the economics of investment and construction projects, cost structure and project life cycle
· experience in budget preparation and control, plan-realization analysis, cost forecasting and cash flow management
· understanding of the principles of construction price formation, contractual values and cost control
· understanding of tender and contract processes in construction
· ability to analyze a large amount of financial and project data, recognize deviations and financial risks and clearly present the conclusions to the management
· advanced knowledge of Excel, including working with larger databases, more complex formulas, pivot tables and analytical models
· experience in working with ERP or accounting systems
· high level of independence, precision, reliability and responsibility
· strong analytical skills and focus on results
· active knowledge of the English language
· knowledge of the Russian language at a level that enables business communication and work with financial and economic documentation is a significant advantage
· experience in a development, construction or other company that realizes investment projects is an advantage
· experience with Power BI or similar analytics and data visualization tools is a plus

We offer:
· work on concrete development and construction projects in Serbia
· responsible and independent position with direct insight into the economy and financial results of projects
· cooperation with local and international project, technical and financial teams
· possibility of direct participation in budgeting, financial planning, tenders and optimization of project costs
· the possibility of developing and improving financial and economic processes and reporting systems
· stable and professional business environment
· competitive working conditions in accordance with the experience and responsibility of the position


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