Karan Kumar Email & Phone Number

Adelaide, South Australia, AU

Keswick, SA, AU

• Implement contemporary, good practice project accounting principles, processes and governance across the regulated business and ensure its implementation is applied consistently. This includes simplifying and.
• Lead a team of project accountants, ensuring the team are equipped with the appropriate tools, resources and capabilities to implement sound project accounting practices.
• Ensure that the Project Accounting Team partners effectively with the business by supporting project managers with the financial management of projects, as well as partnering with Business Relationship Management.
• For projects with external revenues ensure accurate billing and profit recognition based on corporate accounting policies and the stage of completion of the project.

Keswick, SA, AU

• ZCEF program was developed in response to SA Water’s ambition to see the energy they generate and export to the market off-set the cost of the electricity they draw from the grid and network charges, to achieve a.
• Led a team of two project accountants, focussing on proactive commercial insight and strategic support to all streams including proposals/recommendations on opportunities for cost saving and revenue growth.
• Developed and implemented a robust project budgeting and forecasting framework to ensure costs are managed proactively with risks called out early and actioned appropriately
• Ensured all project financials are monitored in a timely and accurate manner, with correct cost classification and monitoring reporting against budget and forecast, and with appropriate variance analysis
• Ensured accurate billing and profit recognition based on corporate accounting policies and the stage of completion of the project

Keswick, SA, AU

• Provided proactive commercial insight and strategic support to all streams including proposals/recommendations on opportunities for cost saving and revenue growth.
• Ensured all project financials are monitored in a timely and accurate manner.
• Ensured correct cost classification and monitoring reporting against budget & forecast and with appropriate variance analysis.
• Ensured accurate billing and profit recognition based on accounting standards for all Nbn delivery projects.
• Develop and implement innovative financial solutions and enhancements to support the business.

Keswick, SA, AU

• Setting, tracking & enforcing budgets, procedures & cost optimisation measures.
• Cost to date analysis of monthly costs for Major Projects.
• Liaising with engineers & project managers forecast cost to complete of outstanding works.
• Development and revision of cost plans.
• Preparation of monthly project/management reports.
• Preparation of progress claims & cashflow.

Barangaroo, NSW, AU

• Liaising with engineers & project managers on site to forecast cost to complete of outstanding works.
• Setting, tracking & enforcing budgets, procedures & cost optimisation measures.
• Cost to date analysis of monthly costs and allocation into correct cost codes.
• Development and revision of cost plans
• Supported the Controls Manager with preparation of monthly project/management reports.
• Preparation of monthly accruals ensuring all cost incurred is captured in cost to date.

Barangaroo, NSW, AU

• Consolidate & prepare trading accounts for reporting to Bilfinger Berger Australia (Parent company) – now Lend Lease.
• Cost analysis for various sites.
• Prepare business activity statements (BAS).
• Prepare profit & loss, work in process and balance sheet accounts.
• Prepare fringe benefit tax returns (FBT).
• Reconciliations of various ledger accounts.

Barangaroo, NSW, AU

• Liaising with financial institutions and surety’s on guarantees & insurance bonds.
• Liaising with insurance brokers regarding Insurance claims.
• Issuing bank guarantees/ Insurance bonds
• Sourcing finance & setting up operating and finance leases for plant & equipment.
• Setting up new lease schedules.
• Payment & forecasting of lease commitments.

Education record

Certificate Of Insurance, Risk Management

Bachelor Of Business, Accounting

Certificate 4 In Frontline Management