We are looking for a Budget Control Manager to join our Construction Department and lead the financial control of large-scale renewable energy projects in Israel and worldwide.
The role combines responsibility for budget planning and control, cash flow management, collaboration with financing institutions and senior management, and a direct impact on the successful delivery of the company’s projects.
Responsibilities
Lead the planning and budgeting processes for renewable energy projects in Israel and internationally, from the development stage through project completion and handover.
Manage, monitor, and control project budgets throughout the full project lifecycle, including actuals vs. budget analysis, cost forecasting, and Estimate at Completion (EAC) / Estimate to Complete (ETC).
Provide ongoing support and guidance to Project Managers on budgeting, risk management, resource allocation, financial control, and coordination across internal and external stakeholders.
Prepare comprehensive management reports and present an integrated view of project performance, including trend analysis, identification of variances, and actionable recommendations to support decision-making.
Lead budget change-control processes, including preparation of budget approval requests and updates in line with project progress.
Lead financial risk management processes, conduct lessons-learned reviews, and implement insights across future projects.
Manage project cash flows, including equity and lender funding calls, intercompany fund transfers, foreign exchange hedging, and support throughout financing processes.
Support the opening of bank accounts in Israel and abroad and maintain ongoing relationships with banks, lenders, advisors, and other financing stakeholders.
Work closely with senior management, financing institutions, external auditors, and various business units across the organization.
Requirements
Bachelor’s degree in Economics, Business Administration, Industrial Engineering & Management, or Accounting – required.
5–8 years of experience in budget control, project controls, financial PMO, or budget management for complex projects – required.
Previous experience in a project-based, industrial, construction, infrastructure, or energy company, or at a leading consulting firm – a significant advantage.
Proven experience managing significant CAPEX budgets, cost forecasting, and project performance control.
Strong analytical skills with the ability to understand and analyze complex financial data.
Ability to work effectively in a matrix environment, manage multiple stakeholders, and handle multiple priorities simultaneously.
Advanced proficiency in Excel and ERP systems – required.
Experience with SAP – an advantage.
Fluent English, both written and spoken – required.
Strong presentation and communication skills, with the ability to effectively present insights and recommendations to senior management and business stakeholders.
Willingness to travel abroad for business purposes occasionally, approximately 3–4 times per year.
