Project Controller

3 days ago

Bengaluru, Karnataka, India ABB Full time ₹ 12,00,000 - ₹ 36,00,000 per year

Your role and responsibilities

Play key role in Project Controlling, financial analysis, closing activities including audits, reporting of the division and support project management team in all financial and commercial matters and actively drive the projects performance.

The work model for the role is: #Li - Onsite

This role is contributing to Motion Traction Division in Bangalore/Vadodara.

You will be mainly accountable for:

  • Supports the tender manager and Project Manager on financial aspects. Provides input to negotiations on commercial issues. Provides input in local risk review process.
  • Provides input to the Project Execution Plan on financial aspects. Prepares project invoices, financial accounting and reporting (including project site accounting). Drive and seek for optimization of Project Cashflow, Revenues and GM contribution together with Project Director. Oversees currency risk, bonds and guarantees and tax issues. Is responsible for the correctness of project balance sheet and income statement as well as for cash flow and monthly/quarterly forecast.
  • Participates in opportunity/risk identification, monitor that all required mitigation actions are timely implemented. 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. Supports the Project Manager in coordinating and preparing monthly project reviews. Participates in preparing the project cost report. Verifies the substance for cost to complete.
  • Provides support on claim management, Price variation claims, back-charges and insurance cases and monitors the proper follow up together with the Contract Manager/Project Manager up-stream (towards customer), side-stream (towards consortia partner) as well as down-stream (towards suppliers)

Qualifications for the role

  • CA / CMA/MBA with 5-10 years of post-qualification experience preferably in Project Business.
  • Experience in Project Financials Analysis and SAP Project System (PS) Module.
  • Well versed with Commodity Fluctuation, Price Variation Claim, PO Contract Reviews, Internal Controls.

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