Project Finance Controller (Associate)

About the Company:

ProProcess, located in Gauteng, South Africa, is a specialist company that offers modular process solutions to the capital equipment market. We are dedicated to delivering innovative, high-quality modular solutions to our clients across various industries. To strengthen our sector engagement capability and support the growth of our modular offerings, we’re looking for a Sales Engineer to guide clients through the technical qualification process and translate their needs into commercially viable modular solutions. 

About the Role:

We are seeking a detail-oriented and proactive Project Finance Controller (Associate) to join our Engineering & Operations team. This role is responsible for the financial control of an allocated portfolio of projects, ensuring accurate financial reporting, cost management, forecasting, billing, and project close-out activities. 

Working closely with Project Managers, Finance, Supply Chain, and Engineering teams, you will provide critical financial insights, identify risks and variances early, and support informed decision-making that protects project profitability and drives successful project delivery.

Key Responsibilities:

Project Financial Control 

• Set up and maintain project financial structures, budgets, cost codes, billing milestones, and reporting requirements. 
• Ensure project data is accurate, complete, and aligned across approved systems. 
• Maintain project financial records, approvals, and baseline documentation.

Cost Management & Forecasting 

• Monitor project costs, commitments, and budgets against approved baselines. 
• Prepare and maintain cost-to-complete, cash flow, revenue, and margin forecasts. 
• Analyse variances, identify potential overruns, and provide proactive financial risk alerts. 
• Track financial risks and support corrective actions and escalation where required. 

Revenue and Billing Management

• Prepare client payment applications and supporting documentation.
• Validate project progress, variations, and billing entitlements. 
• Prepare revenue recognition, WIP, and invoicing calculations in accordance with financial requirements. 
• ​​​​​​​Monitor billing milestones and support timely invoice generation and cash flow.

Financial Reporting & Governance

• Produce accurate project financial reports covering budgets, actuals, forecasts, revenue, cash flow, and margins. 
• Explain material financial movements, risks, and forecast changes to stakeholders. 
• Maintain auditable financial records, reconciliations, and supporting documentation. 
• Contribute project-level information for portfolio and business reporting.

Project Close-out and Continuous Improvement

• Complete final project reconciliations and close-out packs. 
• Support resolution of outstanding commercial, procurement, and accounting matters. 
• Calculate final project profitability and document lessons learned. 
• Identify and support improvements to financial control, forecasting, reporting, and data integrity processes. 

Minimum Requirements:

• Diploma / Degree in Finance, Accounting, Management Accounting, Commerce, or a related field. 
• 3–5 years' experience in project finance control, project accounting, cost control, or similar.
• Experience working within project-driven, engineering, construction, manufacturing, or operational environments. 
• Proven experience with budgeting, forecasting, financial reporting, project billing, and reconciliations. 
• Experience working with ERP systems (preferably Syspro)

Knowledge

• Understanding of project finance and project lifecycle principles.
• Knowledge of budgeting, forecasting, and cost tracking processes.
• Familiarity with billing, revenue recognition, and cash flow concepts.
• Understanding of financial reporting and reconciliation requirements.
• Knowledge of financial controls, governance, and compliance procedures.
• Working knowledge of ERP systems and Microsoft Excel.

Skills

• Financial analysis and variance identification.
• Accurate preparation of financial reports and reconciliations.
• Strong attention to detail and data accuracy.
• Effective planning, organisation, and time management.
• Clear communication and stakeholder engagement skills.
• Proficiency in Microsoft Excel and financial systems.

Attributes

• Accountable and dependable in delivering assigned responsibilities.
• Analytical and solution-oriented mindset.
• Proactive with a willingness to learn and develop.
• Strong integrity and commitment to confidentiality.
• Collaborative team player with positive interpersonal skills.
• Adaptable and able to manage competing priorities.

While we endeavour to provide feedback to all applicants, should you not receive feedback within 3 weeks, you can consider your application unsuccessful.

ProProcess is an equal opportunity employer. However, since we are based in South Africa, only South African citizens or residents with the relevant scarce skills permits can be considered.