Project Financing, Cost Planning & Controlling Specialist
Posted
2 months ago
Deadline
2 months ago
Location
Addis Ababa, Ethiopia
Job Description
The Project Financing, Cost Planning and Controlling Specialist within a Corporate PMO ensures and secures appropriate funding sources, financial accuracy, cost efficiency, and risk mitigation across a project portfolio. Key duties include budget development, cash flow forecasting, cost control, variance analysis, financial reporting, and implementing project cost systems.
Job Purpose
To lead and manage project financing coordination, cost planning, budgeting, and financial control across the project portfolio, ensuring optimal resource utilization, financial discipline, and alignment with corporate strategic objectives.
Key Responsibilities
Project Financing & Funding Management
- Identify, evaluate, and secure appropriate funding sources (banks, DFIs, equity partners, internal financing) for all priority projects.
- Lead the preparation of bankable documentation, including feasibility studies, financial models, and investment memoranda.
- Coordinate end-to-end financing processes from application to financial close.
- Ensure timely availability of funds aligned with project cash flow requirements.
- Establish and maintain relationships with financial institutions, investors, and strategic partners.
- Monitor compliance with loan covenants and financing conditions.
- Support structuring of an optimal financing mix (debt vs. equity) to minimize the cost of capital.
- Track and manage drawdown schedules and fund utilization across projects.
Project Financing & Investment Support
- Coordinate with finance institutions and stakeholders for project financing.
- Prepare and review feasibility studies and financial models.
- Ensure availability of priced BoQs and CAPEX estimates.
- Support negotiations with lenders and investors.
Cost Planning & Budgeting
- Develop project cost estimates.
- Manage CAPEX and OPEX budgets.
- Establish cost baselines and cash flow projections.
Cost Control & Monitoring
- Track expenditures vs. budgets.
- Monitor cost variance and forecasts.
- Identify risks and recommend corrective actions.
Portfolio Financial Governance
- Identify, evaluate, and secure appropriate funding sources.
- Establish cost control frameworks and reporting systems.
- Provide portfolio-level financial insights.
Reporting & Decision Support
- Prepare monthly financial reports.
- Support investment decision-making.
Contract & Commercial Support
- Review contracts and validate payments.
- Monitor variations and claims.
Risk Management
- Identify financial risks and mitigation strategies.
Qualification and Skills
Education
- Bachelor’s degree in accounting, finance, engineering, or a related field.
- CPA/ACCA or a Master’s degree is a plus.
Experience
- 8+ years of experience in project financial management, cost controls, or financial analysis, preferably in a corporate environment.
- Experience in feasibility studies and financial modeling.
Core Competencies
- Strong analytical skills, attention to detail, and ability to communicate financial data to non-financial stakeholders.
Technical Skills
- Advanced proficiency in ERP systems (e.g., SAP), Microsoft Excel, and project management software.
- Financial analysis and modeling.
- Cost estimation and control.
- Strong communication skills.
KPIs
- Budget Variance (Actuals vs. Budget).
- Accuracy of cash flow forecasts.
- Timely reporting of cost trends.
- Efficiency of cost closure and asset capitalization.
- % of projects with secured funding before execution start.
- Timeliness of fund mobilization vs. project schedule.
- Cost of capital optimization across the portfolio.
Required Skills
- Attention to detail and aesthetics.
- Cost management.
- Strong project management knowledge.
- Excellent communication and interpersonal skills.
How to Apply
Applicants who fulfill the above-mentioned criteria should submit a detailed curriculum vitae along with supporting documents/credentials accompanied by a cover letter to: hr@kerchanshe.com
Please use the subject line: “Re: Project Financing, Cost Planning & Controlling Specialist”.
Applications must be submitted within seven working days from April 02, 2026 up to April 09, 2026.
N.B.: Female applicants are highly encouraged to apply.
Get alerts for similar jobs
Join our Telegram channel — free, instant notifications.
Join Telegram Channel