Project Financial Manager
hace 1 día
Sulzer, a leading engineering company, seeks an experienced Project Financial Manager to join its global team. Located in Madrid, Spain, this full-time position offers a competitive salary of €60,000 - €80,000 per year.
**Company Overview**
Sulzer is a proud heritage of innovation, committed to developing solutions that enable a prosperous and sustainable society. Our team collaborates globally to grow expertise and drive innovation.
**Job Description**
The Project Financial Manager is responsible for overseeing financial aspects of project management, including cost controlling, data aggregation, cost allocation, product costing, inventory valuation, project portfolio management, and revenue recognition. Key responsibilities include:
• Executing, controlling, handing over, and closing project portfolios, ensuring comprehensive management of project lifecycles.
• Ensuring projects are managed effectively from inception to completion, including monitoring and controlling project costs, timelines, and deliverables to achieve project goals.
• Reviewing the scope of work and cost calculations to ensure alignment with commercial and financial terms at the tendering phase, contract signature, and handover phase.
• Setting up the project structure, including the work breakdown and establishing the project baseline.
• Ensuring timely reflection of project scope changes in systems and communication to project stakeholders.
• Leading project governance together with the Project Manager, including the consolidated project review process to report and track project KPIs and identify and document actual and potential deviations.
• Supporting the PM team with risk mitigation processes, identifying critical actions to prevent delays and cost overruns; proactively identifying emerging headwinds, quantifying costs, and scheduling implications.
• Managing revenue recognition processes, including quote, order, and fulfillment management. Ensuring accurate and timely revenue recognition in compliance with accounting standards.
• Running predictive analytics related to projects, including revenue forecasting (OT IFRS 15) and project cost forecasting.
• ONCF management on project level, supporting billing process from inception to execution, securing timely submission of milestones and controlling NWC.
• Initiating, monitoring, updating, and resolving provisions and contingencies with the Project Team.
• Identifying, documenting, and communicating lessons learned at project close-out. Ensuring all financial reporting and processes comply with International Financial Reporting Standards (IFRS).
• Ensuring internal controls are in place for processes performed by this role.
**Required Skills and Qualifications**
To succeed in this role, you will need:
• University degree in Finance, Accounting, Business Administration, or related field.
• Minimum of 5-7 years of experience in commercial finance, controlling, or related roles.
• Experience within the manufacturing or industrial sectors is a plus.
• Demonstrated expertise in cost controlling, project portfolio management, and revenue recognition.
**Benefits**
This role offers a competitive salary, opportunities for growth and development, and a chance to be part of a dynamic global team.
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