Research and Development Controller

2 weeks ago

Mumbai, Maharashtra, India SPERTON - Where Great People Meet Full time US$ 90,000 - US$ 1,20,000 per year

The R&D Controller is responsible for overseeing the financial and commercial performance of R&D projects. This role involves managing budgets, forecasts, reporting, and financial reporting to ensure alignment with strategic objectives.

Key Responsibilities:

  • Strategy and Planning:
  • Contribute to the development of R&D strategies and follow up on KPIs related to quality, delivery, and cost.
  • Ensure systematic analysis of project progress and completion.
  • Financial Management:
  • Responsible for the R&D budget and financial performance.
  • Create, analyse, and value the budget framework.
  • Optimize project cash flow and manage currency risk, tax issues, and project financing requirements.
  • Capitalization of project,
  • License fee calculation
  • Hourly rate calculation
  • Creation of Project & Closure of projects
  • Ownership of Complete financials for MACH.
  • Project Execution:
  • Prepare the Business Financial Execution Plan consistent with internal, contractual, and regulatory objectives.
  • Promote commercial awareness within the R&D team and provide commercial input to project execution plans.
  • Monitor claims and back-charges, coordinate regular project reviews, and identify risks with mitigation actions.
  • Collaboration:
    Working closely with various stakeholders, including product management, engineering, and operations teams. follow up for time writing and approval.
  • Leadership and Communication:
  • Support the R&D management team in budget-related issues and communicate budget directives.
  • Supervise project accountants, cost engineers, and field administrators as needed.
  • Compliance and Governance:
  • Implement internal control processes to avoid misstatement in financial statements.
  • Ensure corporate governance, compliance, assurance, and internal control.

Required Qualifications:

  • Proven experience as an R&D project controller
  • Proficiency in SAP S/4HANA, FICO, SD-PS, MS Office, very strong excel skills.
  • Automation and process improvement mindset
  • Strong numerical and analytical skills.
  • Excellent attention to detail and organizational skills.
  • Service mindset
  • Good communication and negotiation skills.
  • Detail-oriented team player with the ability to adhere to strict deadlines.

Preferred Qualifications:

  • (Postgraduate with experience)
    MBA (Finance), CA, ICWA.
  • Familiarity with project management and financial software.
  • 8-10 Years of Experience in a R&D controlling or Project controlling within the construction, manufacturing or engineering industry (Mainly in Projects)

Skills:

  • Project Management Expertise:
    Strong project management skills and experience.
  • Financial Acumen:
    Understanding of financial concepts and budget management.
  • Communication Skills:
    Ability to communicate effectively with stakeholders and teams.
  • Analytical Skills:
    Ability to analyse project data and identify potential issues.
  • Technical Understanding:
    Familiarity with the technical aspects of the projects being managed

Note:
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