Junior Finance Project Manager

About Alstom in IndiaAs the leading multinational sustainable mobility provider in India, Alstom offers a comprehensive portfolio of offerings to meet customer specific needs, from cost-efficient mass-market platforms to high-end technological innovations. Synonymous with the country’s ‘Rail Revolution’, Alstom continues to be a strategic partner in supporting India’s freight revolution and passenger movement.With six industrial sites and two major engineering centres, the company not only caters to domestic project needs, but also delivers for many international projects. Supporting the government’s modernisation initiatives, Alstom has been at the forefront of introducing several breakthrough technologies in India with world class rolling stock, rail equipment and infrastructure, signalling and services. Fully aligned with the country’s vision of Make-in-India and Atmanirbhar Bharat, Alstom remains deeply committed to strengthening its local sourcing and supply chain ecosystem.Key accountabilities:Participate in overall Project Management process jointly with Project Manager.Main partner for the Financial Strategy success of the project. Optimize financial aspects on the project Org. Tax, Hedging, FinancingBusiness Partnering: provide finance advise and tutoring to the project team. set up technical expertise within the real and current concerns of the business to create value. enrich integration within the organization (functional intermediation). ensure compliance of finance rules in project review preparation and throughout project execution. contribute on business agility and awareness.Supervision, analysis and support for overall finance topics of the project.Control the financial performance of the project and propose action plans to improve contract margin and cash profile as well as corrective action plans to mitigate identified risks.Raised "Early Warnings" when necessary to increase management attention.Add insight and accuracy to project financial information (Improve accuracy on forecasts, revenue, cash, cost, etc.).Challenge and approve Project Financials (cash, competitiveness) as per DoA.Provide confirmation of Internal Transfer Pricing policies to procurement for the issuance of internal purchase orders.Control the interflows of Internal purchased orders.Ensure compliance with local regulations, especially for tax and statutory accounts purposes.Liaise with other finance expert functions ( Tax and Customs, Treasury and Financing, Internal Audit & Risk Management, Accounting and Finance efficiency, etc.).Cooperate with other expert functions ( legal, platforms, Operational Excellence, etc.).Establish strategic network with external financial players involved in the project.Contribute in negotiation processes to secure project success (customer and / or partner).Support PM in risks and opportunities process and sign-off contingencies/committed savings.Partner with PM and CM in Contract & Claim Management (focus on finance topics & risks profile).For partnership (consortium or JV), ensure follow up of the financial aspects in compliance with the partner agreements and alert in case of any deviation or risk profile for Alstom.Know and understand businesses portfolio and the operation of every business function.Main activities:Contribute effectively with the project initial set up.Liaise with the Finance Tender Manager to understand and implement the global financial strategy set for the project at tender stage (forex and firming strategy, tax guidance, cash profile, etc.), ensuring a smooth transition from Tender to Project.Communicate effectively with Project Stakeholders and provide reliable financial analysis to assist in the decision-making (Explain, justify and keep record in detail).Prepare jointly with the project team, the project reviews content and reassess each semester the profitability.Explain, justify and keep record in detail of the estimates.FPM is permanently focused on adding value through: Interpreting and implementing the global financial strategy set at tender stage. Participating and influencing negotiations (Price review, financial T&C, VO´s, Claims, etc.). Challenging financial information throughout project process (consistent “Early Warning” for financial impacts of projects operational performances and risk mitigation). Monitoring compliance with all governance and reporting rules & regulations in project. Corroborating the permanent compliance of International Financial Reporting Standards (IFRS). Understanding the forex and firming strategy considered at tender stage, and ensuring it is implemented at CPR0 and alert management in case of any deviation. Understanding the tax guidance provided at tender stage and ensuring it is implemented at CPR0 and alert the Tax & Customs Department in case of any deviations. Understanding the Project Organization (PxO) focused on Financial Flows. Understanding the contractual terms and conditions and advising about all financial matters in contract, focusing on guiding on competitiveness improvement. Supporting Claim Management (jointly with Project Manager & and Contract Manager), focus on finance topics, risks profile (support amendments wording). Managing and analyzing costs, revenue and profitability. Preparing timely forecasts for sales, costs, margin and cash. Transforming data analysis into real insights focusing on profit improvement. Permanently looking for liquidity flows and working capital optimization and promote cash culture in the project. Ensuring billing process (external or internal) is made on a timely manner. Ensuring, managing and monitoring foreign exchange exposures and Contract Price Adjustment (CPA) indexes evolution (help to define indexes to be used). Warning on any deviation that may affect the tax structure (Tax guidance) proposed at tender stage. Supporting the finance teams in the monthly closing process and reporting Project financials in a suitable manner. Supporting requests made of Performance Management Group. Challenge eligibility and relevance Capex & R&D analyzing impacts and optimizing how to implement and informing Operations Finance about the amounts considered at tender stage. Reconciling project data and General Ledger on regular basis. Ensuring project contractual bonds and guarantees are issued on due time and request release "as soon as possible", avoiding unnecessary expenses.Measurement / Key Performance Indicators(Evidence of good performance related to key tasks and responsibility mentioned above, use to measure success in the role)Achievement of financial targets of the project (ie: project margins compliance, project cash flow in line with targets, kip’s fulfillment, etc.)Compliance with ALSTOM rules & processesTimely and accurate Project Review (CPR/RPR) & Monthly PRMonthly reporting accurate and on timeLocation – BengaluruEducational RequirementsQualified Accountant (CA/CMA with minimum 0-2 years of post-qualification experience)ExperienceWorking knowledge of SAP in FI and MM moduleExperience in manufacturing MNC unit is desirableWorking experience of Hedging, Treasury operations is desirableOrganized and detail-oriented with a high degree of accuracyAlstom is the leading company in the mobility sector, solving the most interesting challenges for tomorrow’s mobility. That’s why we value inquisitive and innovative people who are passionate about working together to reinvent mobility, making it smarter and more sustainable. Day after day, we are building an agile, inclusive and responsible culture, where a diverse group of people are offered opportunities to learn, grow and advance in their careers, with options across functions and geographic locations. Are you ready to join a truly international community of great people on a challenging journey with a tangible impact and purpose?Equal opportunity statement:Alstom is an equal opportunity employer committed to creating an inclusive working environment where all our employees are encouraged to reach their full potential, and individual differences are valued and respected. All qualified applicants are considered for employment without regard to race, colour, religion, gender, sexual orientation, gender identity, age, national origin, disability status, or any other characteristic protected by local law.

Job Type:​Experienced​

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