Project Finance Specialist

3 days ago

Bengaluru, Karnataka, India beBeeFinancial Full time ₹ 15,00,000 - ₹ 25,00,000
Project Financial Expert

About the Role:

We are seeking a highly skilled finance professional to join our Process Automation Business Area for Energy Industries Division based in Bangalore, India.

Key Responsibilities:

  • Support project manager/project finance controller in all financial and commercial matters and actively drive the project's performance
  • Follow up on projects with project manager/project finance controller (7-10 projects)
  • Prepare and upload PR+
  • Attend working meetings with project manager before project review
  • Maintain upload template and minutes of meeting
  • Review PO including GR/IR check and Basware
  • Process invoice on RRB (Reimbursable) based on approved cost
  • Support in bank guarantees
  • Handle externals/OPC posted on project (PO, Timesheets, tax, accommodation, permits, travel, GR, etc)
  • Provide forecast information like revenue recognition plan and cost-to-complete
  • Monitor and control actual cost and revenues against the forecast & project budget (As-sold)
  • Identify, analyze, report, and follow up any economic deviations related to recognized revenues and gross margin, actual/planned costs, and over dues
  • Create internal orders/projects (warranty, work due, etc)
  • Support with documentation for audits and management testing
  • Provision for project licenses
  • Participate in dunning
  • Participate in the project's risk management process for early identification of risks and opportunities and do monthly assessment of identified risks, contingencies, and opportunities
  • Ensure compliance with Accounting & Reporting Policies and applicable internal control procedures

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