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20/12 Priya
Senior Talent Sourcing at Haarvard Management Consultants

Views:1964 Applications:247 Rec. Actions:Recruiter Actions:9

Finance Project Controller - Oil & Gas/Industrial Business (2-8 yrs)

Chennai Job Code: 777600

Key Areas of Responsibilities :

1. Be the economic and financial advisor to the project manager/group lead. Ensure necessary conditions for achievement of project's financial targets.

2. Prepare, along with PM, periodic project reviews, including the project cost monitoring and provide all the relevant financial analysis

3. Control project results through close involvement with the project manager/group lead, work package owners

4. Promote a robust risk & opportunity management in contracts. Provide active support for claims compilation.

5. Develop Cash flow monitoring mechanism with the help of FBP team. Specifically, follow-up the implementation of cash improvement actions and promote the cash culture in project

6. Keep control on NWC. Identify, Initiate, Monitor and Control elements to improve net working capital locked in projects.

7. Ensure customer invoicing is done promptly and play an active role in achieving payment from customer in due time. Ensure complete control on receivables. Responsible for addressing escalations on customer collections and extend support to AR teams in whole billing to collection process.

8. Monitor & manage guarantees & bonds relating to the project

9. Manage budget/forecast of the project. Forecast, monitor and control revenue and margin arising from the contracts.

10. Participate/drive in meetings and all decision making concerning financial or contractual aspects of the project

11. Prepare and review work package: Calculate & monitor work package costs since Situation. Challenge cost to complete to maintain/improve project margin. Ensure individual risks are properly assessed and mitigation plans in place. Actively involve during order placement process.

12. Coordinate with the relevant teams to ensure accounting and reporting consistent with contract's progress and as per group accounting & reporting rules

13. Provide active and timely support in month close, estimate/budget process and audit as required from project.

14. To support Project teams and ensure compliances, work closely and manage interfaces with other expert functions: tax, treasury, Finance Controlling, Finance Shared Services, etc as and when required for project matters.

15. Ensure that all financial processes and internal controls (CPX), including DOA, are implemented, robust and compliant on the contracts in Sales and Execution phases. Responsible for maintaining documentation for activities under the area of the responsibility.

16. Make active use of project processes and tools (Oracle, planning tool etc.)

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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