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Project Controller

5 months ago

Bengaluru, India Hitachi Rail STS India Private Limited Full time

**Description**

**Description**

**Accountabilities**:
Project level responsibilities include, but are not limited to, the following:

- In conjunction with Project Team, develop the Work Breakdown Structure and Budgets for the project
- Work with Work Package Leaders (WPL) to develop accurate cost to complete estimates and percent complete evaluations
- Track, monitor and report planned budgets/forecast vs. actual spend using project controlling tools (SAP, PCS and other tools). Provide variance explanations and possible recovery plan actions
- Work with Project Planner to review latest schedule and quarterly report the Earned Value
- Monthly reporting of project results
- Assist with the preparation, processing and tracking of contract Change Orders
- Work with the project manager to assist with the preparation and tracking of potential claims for additional work
- Track internal and external invoicing and reconciliation of cash receipts and retention.
- Understand and report on the cash flow position of the project
- Work with global controllers for Intracompany projects
- Track subcontractor invoicing, payments and reconciliations
- Review and approve Purchase Order Requisitions in alignment with budget and track P.O.s in PCS.
- Prepare quarterly forecasts and annual budget and reporting of the key performance indicators for the project
- Monitor the financial “health” of the project and raise the “red flag” when a negative impact or condition arises.
- Resolve of queries from global reporting on actual, variance to budget, workload, risk, opportunities etc
- Support functional Manager on project progress, key numbers and other assignments like arbitration, claims etc.
- Support local ADMN in filling of Lower tax and other fillings as per statute
- Address queries both from Statutory, Internal and Global auditor. Resolve open points with auditor pertains to project progress, delay, un-billed revenue, cost overrun, EOT etc.

**Languages**: English and Other Indian Language.