Position Title: Specialist – Project Economics

Division: Finance

Department: Management Accounting & Reporting

Purpose of the Role:
An excellent opportunity has arisen for a Specialist in Project Economics to join a leading industrial organisation. The successful candidate will be responsible for conducting project economics assessments and capital budgeting evaluations to support internal operational and strategic decision-making. This role involves compiling, analysing, and validating financial and statistical data to deliver cost-benefit analyses for future capital projects, internal project performance assessments, cost efficiency reviews, and financial forecasting, ensuring alignment with the organisation's financial and strategic goals.

Key Responsibilities:

Economic Evaluation and Capital Budgeting:

• Develop financial models and statistical techniques to assess existing strategic investments and future major capital projects.

• Identify cost optimisation and revenue enhancement opportunities through detailed analysis of internal financial and operational data.

• Ensure financial evaluations contribute to long-term financial sustainability by identifying economic trends, risks, and opportunities.

• Support initiatives aimed at enhancing productivity, optimising resource use, and improving economic efficiency.

Project Performance Evaluation:

• Assess the financial and economic feasibility of capital and operational projects.

• Perform cost–benefit and cost-effectiveness analyses to identify gaps and opportunities for optimisation.

• Evaluate economic performance indicators and propose recommendations to enhance financial and operational outcomes.

• Conduct post-completion evaluations to measure the realised benefits of projects.

Budgeting and Financial Planning:

• Provide analytical support to the budgeting process, incorporating economic insights for improved financial planning.

• Monitor financial performance indicators and make data-driven recommendations to optimise cost structures.

Continuous Improvement:

• Recommend continuous improvement initiatives based on economic analysis and market best practices.

• Stay informed on global and regional economic trends to strengthen internal financial evaluations.

Reporting:

• Prepare timely and accurate reports in line with organisational policies and quality standards.

Other Duties:

• Perform additional assignments as directed by line management.

Qualifications, Experience and Skills:

Minimum Qualifications:

• Bachelor’s degree in Finance from a recognised university

• CFA (Chartered Financial Analyst) designation or equivalent professional qualification

• Strong proficiency in building financial models in Excel and familiarity with project management software

Minimum Experience:

• Minimum of 7 years' experience in finance roles

• Experience in the manufacturing or industrial sector preferred

Skills:

• Strong financial analysis and economic evaluation capabilities

• Project management experience

• Ability to engage and influence stakeholders

• Strategic thinking and adaptability

• Solid understanding of finance in a manufacturing environment

• Excellent communication and presentation skills

• Strong relationship-building and negotiation skills

• Advanced problem-solving abilities

• Excellent planning, organisation, and time management