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Project Finance Lead
2 months ago
Description
ICF (www.icf.com) 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 offer critical insight and rigorous analytical techniques to deliver innovative solutions and thought-provoking analyses for our clients.
Working at ICF means applying a passion for meaningful work with intellectual rigour to help solve the leading issues of our day. Smart, compassionate, innovative, committed, ICF employees tackle unprecedented challenges to assist our clients and benefit their constituencies. We believe in collaboration, mutual respect, open communication, and opportunity for growth.
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About the team
We are looking for a Senior Project Finance Controller to join our Europe & Asia Business Management team on a permanent basis to drive the financial performance of the ICF New Delhi activities.
Main Responsibilities:
- Perform activities related to project creation, maintenance, and project closure in line with the contract and SOX regulations (Including inter-company).
- Manage and follow the timetable for various reporting requirements and perform management reporting (MIS reports, Revenue, and Cost Analysis, Variance Analysis) with detailed commentary and analysis.
- Ensure correct revenue recognition on projects.
- Facilitate project reviews to identify project risks, follow up on WIP, write-downs, and claims handling.
- Perform cost to complete analysis on projects and re-forecast the adjustments within the system.
- Timely client billing and working with Project Managers to monitor aged debts and Making Cash flow estimates.
- Calculating and posting monthly sub-contractor accruals
- Monitor and provide financial reports and interpret project financials to project managers/ Directors/ Revenue Compliance team while recommending further courses of action.
- Provide support in the maintenance of contract documents, agreements, and variation orders.
- Train Project Managers on Financial Project Management and build relationships with Project Managers to support them in financial compliance.
- Provide support in developing and implementing controls, reviews, and checklists to ensure adequate processes are in place.
- Support in Internal and External Audits
- Perform other duties and responsibilities â ad-hoc as assigned
Basic Requirements:
- MBA /CA (Inter) / CMA
- Excel skills to intermediate level (pivot tables, lookup formulas, financial modeling).
- 5 to 7 years of relevant experience in Project Controllership/ Project administration (finance) work with Service & Consultancy company
- MS Excel & PowerPoint skills at Expert level, Knowledge of PowerBI would be an added advantage.
- Experienced user of financial systems (preferably Cost point)
- Highly numerate
Personal Qualities:
- Strong verbal, interpersonal, and written skills
- Ability to work in a matrix organization across India and Europe
- Must have a good work ethic, the ability to work to deadlines, and be interested in learning and development
- Ability to organize, prioritise, and self-motivated with a high level of commitment and initiative
- A team player with a âcan-do attitudeâ
Working at ICF
ICF is a global advisory and technology services provider, but weâre not your typical consultants. We combine unmatched expertise with cutting-edge technology to help clients solve their most complex challenges, navigate change, and shape the future.New Delhi, India (II77)