Project Financial Manager

2 months ago

Scotland, United Kingdom WGM Engineering Ltd Full time

About the Role

We are seeking a highly skilled Quantity Surveyor to join our team at WGM Engineering Ltd. As a key member of our project delivery team, you will play a critical role in ensuring the financial success of our projects.

Main Responsibilities

  • Develop and maintain strong relationships with internal and external stakeholders, including clients, suppliers, and subcontractors.
  • Prepare and send tender invitations to subcontractors, ensuring that all necessary documentation is complete and accurate.
  • Implement cost-saving strategies and value engineering initiatives to minimize project costs while maintaining quality standards.
  • Manage cash flow forecasts and ensure that all financial obligations are met.
  • Administer contracts and subcontracts, ensuring compliance with company policies and procedures.
  • Certify payment applications from subcontractors and ensure that all financial transactions are accurate and up-to-date.
  • Compile costs for compensation events and manage changes to project scope.
  • Manage change control processes, including early warnings and compensation events.
  • Collaborate with project teams to avoid disputes with clients, suppliers, and subcontractors.
  • Prepare and process formal documentation for subcontractor payments and ensure that all financial records are accurate and complete.
  • Prepare valuations for payment applications to clients and assist in the compilation of commercial and contractual responses.
  • Monitor and report on project expenditure compared to budgets and forecasts.
  • Provide feedback to stakeholders on contract pricing and profit and loss.
  • Attend financial and progress meetings with clients and subcontractors as required.

    Requirements

    To be considered for this role, you will have at least 2-3 years of experience as a Quantity Surveyor in an engineering or construction environment. You will be degree-level qualified or hold a professional qualification accredited by the Royal Institution of Chartered Surveyors (RICS) or equivalent experience. You will also have strong financial cost control, value recovery, and change management skills.

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