About ICF About ICF ( is a consultancy firm with offices in the UK, Belgium, the US and worldwide. At ICF, we help governments, public agencies and international institutions solve complex problems and improve the quality of life of people around the world. We are looking for a Project Finance Controller to join our Europe & Asia Business Management team on a permanent basis to drive the financial performance of the ICF activities. Project Financial Management & Analysis Monitor, analyse and interpret project financial performance in close collaboration with Project Managers and Directors. Conduct project re-forecasting and cost-to-complete reviews in line with ICF policies to ensure accurate and compliant revenue recognition. Provide actionable insights, variance analysis, and recommendations to support strategic and operational decision‐making. Present monthly financial performance, risks, and opportunities to Senior Leadership. Project Setup, Maintenance & Compliance Review contracts (including inter-company agreements) and set up projects in the ERP system in accordance with contract terms, SOX regulations and internal controls. Maintain project financial data throughout the lifecycle—set-up, amendments, variations, and project closure—ensuring completeness and compliance. Support the maintenance of contract documents, agreements, and variation orders. Revenue Recognition & Reporting Ensure revenue is recognised correctly and consistently across all projects, fully aligned with accounting standards and internal policies. Prepare and deliver management reporting packages (MIS), including revenue, cost analysis, margin movements, and detailed commentary. Billing,



Cash Flow & WIP Management Prepare timely and accurate client billing in coordination with Project Managers. Monitor aged debts, collaborate with Treasury on collections, and support actions to reduce WIP and overdue balances. Contribute to cash flow estimates and forecasting. Accruals & Month‐End Close Calculate and post monthly subcontractor and freelancer accruals, ensuring completeness and correct cut‐off. Support month‐end close activities including reconciliations and preparation of financial reports. Project Governance & PM Support Lead or participate in project financial reviews to identify risks, required write‐downs, claims handling, and necessary corrective actions. Train and support Project Managers on financial project management processes, best practices, and compliance requirements. Build strong working relationships with PMs and internal stakeholders to ensure high‐quality financial governance. Controls, Audits & Process Improvement Support internal and external audits by preparing required documentation and evidence. Contribute to the development and implementation of financial controls, checklists, and continuous improvement initiatives to strengthen process efficiency and compliance.



Other Responsibilities Perform ad‐hoc duties and analysis as assigned to support business needs. MBA, M.
Com, CMA or equivalent finance qualification. ~4-5 years of relevant experience in project finance, project controllership, or financial project administration within service or consultancy environments. ~ Advanced MS Excel skills (pivot tables, lookups, formulas, modelling). ~ Power BI experience is an advantage. ~ Experienced user of financial/ERP systems (Maconomy strongly preferred or willingness to learn quickly). ~ Personal Qualities Strong stakeholder management and ability to build constructive relationships with PMs, finance teams, and leadership. Have the legal right to work in Spain, or be eligible for sponsorship on a case‐by‐case basis, and Be physically located in Spain by Day 1 of employment (or shortly before your start date). Please ensure you can meet the right-to-work and location requirements or would qualify for sponsorship where applicable. As part of this commitment, the use of artificial intelligence (AI) tools to generate or assist with responses during interviews (whether in-person or virtual) is not permitted. If such an accommodation is needed, candidates are instructed to contact us in advance at We are dedicated to providing the necessary support to ensure that all candidates have an equal opportunity to succeed. ICF is a general consulting and technology services company with approximately 9,000 employees, but we are not your typical consultants. At ICF, business analysts and policy specialists work together with digital strategists, data scientists and creatives.

📌 Project Financial Controller (Comunidad de Madrid)
🏢 ICF Olson
📍 Comunidad de Madrid