Job Description

• Ensure that project calculations reflect current status of project.
• Input and updating of project calculation in Financials system.
• Working out and updating Budget and Forecast figures of the project in Global FORE.
• Review and Analysis of Estimated-at-completion calculation of the project for Budget, Forecast and Actual in Global FORE and local system.
• Review and Analysis of variances between Budget, Forecast and Actual figures and comment on them in monthly Reporting – especially Sales POC, Margin and Free Cash flow, Risk &Opportunities and Contingencies.
• Review and Analysis of contract related Balance sheet items with the target of minimization of Net Utilized Assets (Inventory level, Advance Payments, Accounts Receivables, etc.).
• Make financial situation transparent to the Core Team.
• Prepare and present current status and alternative scenarios. Track project related savings activities.
• Lead Core Team members in meeting or improving their targets.
• Challenge the project teams to assure a successful project execution.
• Prepare and update monthly reports and presentation in project review meetings.
• Contribute to Risk & Opportunities discussion and following up on action plans.
• Responsible customer invoicing, VAT, Receivables, and payment control.
• Cash-Flow Management.
• Hedging activities in cooperation with Treasury.
• Control of Warranty Provisions to the end of the project.
• Require and control securities by the customer (letter of credit, bank guarantees).
• Coordinate commercial affairs of internal partners, i.e., check of inter-company Sales and Purchases (Interco matching).
• Provide input parameters for Bid Approval Process and support Blue Book tender activities for variation orders.
• Plan personnel in cooperation with Core Team and HR Business Partner, considering project target costs.
• Control of cost and direct hours.
• Control of man/hour writing.
• Quantify impact of change orders (profitability calculation), assess impact on the different cost items in the calculation, (i.e., Bill of material and Engineering hours).
• Maintain an appropriate level of contingencies.

Qualifications

• Bachelor’s degree in Finance/Accounting.
• Professional Accounting title considered a strong asset.
• Minimum of 5 years of experience in a similar role; preference in a manufacturing industry, financial controlling.
• Experience in financial planning and analysis, performance measurement, risks assessment, internal controls, and project accounting.

Additional Information

All your information will be kept confidential according to EEO guidelines.