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Project Controller

2 months ago

Kolkata, India Hitachi Energy India Limited Full time

Location:
Kolkata, West Bengal, India

Job ID:
IN54428748

Date Posted:
2023-03-29

Company Name:
Hitachi Energy India Limited

Profession (Job Category):
Project/Program Management

Job Schedule:
Full time

Remote:
No

**Job Description**:
General information: : Act as business partner to the Vertical Head Project and Tender Controlling, Regional Operation manager and Project Managers, responsible for all financial and commercial matters and actively driving the project's performance. Assigned to multiple projects.

Responsibilities: Project execution Preparing a Project Financial Execution Plan (as part of an overall Project Execution Plan covering all financial, commercial and tax aspects such as revenue recognition methods, billing plan, payment securities, GST and other indirect taxes, consortium administration, etc.). Supports on project invoicing, manages currency risk, tax issues, bonds and guarantees, financial accounting and reporting (including project site accounting), drives and seeks for optimization of project cash flow, Revenues and GM contribution together with Project Managers. Monitoring and review Establishing project governance process. Participates in opportunity/risk identification ensure that all required mitigation actions are timely implemented. Drives, co-ordinates and prepares monthly project reviews jointly with the Project Manager. Reviews and has joint responsibility with the Project Manager for all financial aspects of the project including estimate at completion and related cost-to-complete, forecasted Revenues and Cash Flow, Risks and Opportunities assessment and ensure alignment with other functions including Project Controls, planning/scheduling". Commercial terms Promoting commercial awareness in the project team and provides commercial input to the project execution plan (such as T&Cs in supply management, claims, back-to-back conditions). Drives claim management, back-charges and insurance cases and monitors the proper follow up together with the Contract Manager/Project Manager upstream (towards customer), as well as downstream (towards suppliers). Compliance & Internal Control Following up on internal project audit reports and ensures timely implementation of all required actions related to projects under responsibility. Is responsible for adherence to corporate governance, integrity, assurance, internal control, group charter, business specific directives and instructions. Drives, setup and closure of all taxation matters pending against projects along with project manager. Is responsible to close all taxation documentation of projects. People leadership and development Ensuring (with HR Manager support) that the area of responsibility is organized, staffed, skilled and directed. Guides, motivates and develops direct/indirect subordinates within HR policies.

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