Head of Project at JMG

POSITION SUMMARY

• The Head of Projects ensures complete financial and operational control of all projects across the group — overseeing budgets, margins, billing milestones, and project cashflows. This role sits under the Group CFO to safeguard project profitability, revenue recognition, and working-capital discipline, while maintaining a strong functional collaboration with the COO to validate progress and resolve operational bottlenecks.

CORE RESPONSIBILITIES

Project Financial Control

• Budget Ownership; approve and monitor all project budgets with FP&A and Operations.
• Project Cost Tracking; review material, labor, logistics, and subcontractor costs against approved budgets.
• Margin & Variance Analysis; analyze project margins, BOM variances, and scope deviations.
• Cashflow Forecasting; prepare project cashflow forecasts (planned inflows vs. outflows) and share with Group Treasury.
• Funding Alignment (GT-ID); ensure each project is linked to a valid Group Treasury ID for tracking receipts and supplier payments.

Billing & Revenue Validation

• Milestone Validation; approve milestones for billing only after confirming operational completion and documentation.
• Billing Coordination; coordinate with Head of Billing to issue invoices based on approved milestones and GT-ID linkage.
• Revenue Compliance; ensure revenue recognition follows IFRS 15 and group policies.
• Deferred Revenue Review; validate project advances, unearned revenue, and contract liabilities with Group Controller.

Reporting & Governance

• Project Dashboard; maintain milestone tracker (planned vs. achieved) and cost variance dashboard.
• Project Performance Review; lead monthly project review meetings with Operations, Finance, and Procurement.
• Reporting to CFO; submit consolidated project summary (budget, cost, cashflow, margin) monthly.
• KPI Tracking; track DSO on project receivables, project profitability %, and milestone achievement rate.

Operational Coordination

• Progress Validation; work with Operations and Engineering to confirm physical progress before billing.
• Material & Procurement Interface; ensure procurement aligns with project timelines and budgets.
• Risk & Issue Escalation; report project delays, cost overruns, or funding gaps to CFO and COO.
• Audit Support; provide project-level reconciliations and documentation to internal/external auditors.