Project Finance Manager
6 days ago
At ABB, we help industries outrun - leaner and cleaner. Here, progress is an expectation - for you, your team, and the world. As a global market leader, we'll give you what you need to make it happen. It won't always be easy, growing takes grit. But at ABB, you'll never run alone. Run what runs the world.
This Position reports to:
Finance Manager
Your role and responsibilities:
You will be working as Project Controller and will be part of Process Automation Business Area for Process Industries Division based in Bangalore, India. In this role you will be reporting to the Business Controller. Responsible to support senior project manager in all financial and commercial matters and efficiently enhance the project's performance. Assigned to multiple smaller projects.
In this role, you'll help run what runs the world, by taking on meaningful work that drives real impact.
The work model for the role is: #LI-Onsite
This role is contributing to the Process Automation business in Process Industries Division at Bangalore, India.
You will be mainly accountable for:
- Supporting the tender manager on financial aspects – cashflow and provide input to negotiations on commercial, contractual issues and local risk review process
- Providing input to the project execution plan on financial aspects, project cashflow planning, financial accounting and reporting (including project site accounting)
- Managing project currency exposures & heading shing project governance process and participating in opportunity/ risk identification, monitor that all required mitigation actions are timely implemented
- Supporting the project manager in coordinating and preparing monthly project reviews. Verifying the substance for cost to complete and project schedule
- Providing support on claim management, 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)
- Promoting commercial awareness in the project team and provides commercial input to the project execution plan (such as T&C's in supply management, claims, back to back conditions)
Our team dynamics:
Our teams support each other, collaborate, and never stop learning. Everyone brings something unique, and together we push ideas forward to solve real problems. Being part of our team means your work matters - because the progress we make here creates real impact out there.
Qualifications for the role:
- Bachelor's degree in Finance, CA/CMA preferred
- 5 to 7 years of relevant working experience, with good understanding of project controlling
- Experience working in an MNC preferred
- Good knowledge of accounting and reporting, preferably USGAAP & INGAAP
- SAP skills especially in MM, SD, PS & FICO Module
- Proficient knowledge of Microsoft Office, specifically on MS Excel & PowerPoint
More about us:
ABB's Process Industries Division serves the mining, minerals processing, metals, cement, pulp and paper, battery manufacturing, and food and beverage, as well as their associated service industries. The Division brings deep industry domain expertise coupled with the ability to integrate both automation and electrical systems, increase productivity and reduce overall capital and operating costs for customers. For mining, metals and cement customers, solutions include specialized products and services, as well as total production systems. The Division designs, plans, engineers, supplies, installs and commissions integrated electrical and motion systems, including electric equipment, drives, motors, high power rectifiers and equipment for automation and supervisory control within a variety of areas including mineral handling, mining operations, aluminum smelting, hot and cold steel applications and cement production. The offering for the pulp and paper industries includes control systems, quality control systems, drive systems, on-line sensors, actuators and field instruments. Digitalization solutions, including collaborative operations and augmented reality, help improve plant and enterprise productivity, and reduce maintenance and energy costs.
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