
Project Controller
2 days ago
Job Description
Finance Business Partners advise and support the business in areas related to future state financial performance including: Finance consulting and coaching (e.g., interpreting financial results and measures in the context of business operations). Providing forward looking financial insight on market conditions, competitors, and alternative business scenarios. Improving the quality of internal and external financial data to drive business decision making and performance A Specialist Professional (P4) is a recognized subject matter expert in job area typically obtained through advanced education and work experience.
Responsibilities typically include: Managing large projects or processes with limited oversight from manager. Coaching, reviewing and delegating work to lower level professionals. Problems faced are difficult and often complex.
Experience – 2 – 5 years in project controlling experience (experience in large and complex projects.)
Educational Background – MBA (Finance)/ CA / ICWA
Location: Bangalore (on-site)
General Information:
Managing large projects or processes with limited oversight from manager. Coaching, reviewing and delegating work to lower level professionals. Problems faced are difficult and often complex.
Mission Statement:
Act as business partner to the Project Controllers, Project Managers & Local Business Controllers, responsible for all financial and commercial matters and actively driving the project's performance.
Your Responsibilities:
- Project execution: Prepares 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.). Taking accountability and 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 Senior Project Controllers / Project Managers as needed
- Monitoring and review: Establishes 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 SPC / PM. Reviews and has joint responsibility 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: Promotes 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: Follows 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. 2/2 Drives, setup, and closure of all taxation matters pending against projects along with project manager. Is responsible to close all taxation documentation of projects Ensure that the financial information reported in EPIC/ ProMIS and taking initiative in implementing new tools and process. Living core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues, and the business.
- Living Hitachi Energy's core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues and the business.
Your Background:.
- High Level working knowledge in SAP HANA / ECC 6: PS, FICO, MM & SD modules.
- Well versed with MS Office, SAP, ERP, Business Intelligence reports and Internet Applications.
- Required to have strong communication and ability to drive overall project performance.
- Proven ability to work at a high degree of teamwork and group synergy.
- High sense of responsibility, commitment & effective communicator.
- Proficiency in both spoken & written English language is required.
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