Finance Project Controller
hace 7 días
**Job Description Summary**: We are looking for experience Lead Finance Project Controller to manage the consolidated financial accounts of the allocated turnkey projects (own unit’s scope/ comprehensive project scope) and supporting the Project Directors / Project Managers and other project functions as a finance partner in GE Grid System Integration Business in North and South Europe.
**Role / Job Description**:
The Lead Project Finance Controller reports to GSI Region Finance Leader - North & South Europe has overall responsibility for all reporting and controlling requirements of the project, for proper consolidation of project results and for a comprehensive communication to secure consistent accounting and reporting of the project in terms of detailed scope and responsibilities as follows:
**Cash Flow and Revenue/Margin management & controlling**:
- Accountable for all financial issues on the project after tender phase (from contract award date to project close-out/ Final Acceptance Certificate).
- Always have full knowledge of all financial movements with regards to revenue, margin and cash. Ensure that such information is consistent, approved and reconciled on a regular basis in the ERP systems.
- Ensure global view of consolidated the financials of project, understand each partner's financial movements.
- With the Project Director/Project Manager and Cost Controller, define, consolidate, validate, and forecast trading and billing milestones to ensure consistent consolidated revenue recognition and cash.
- Invoice customer and create related invoice in the ERP system
- Ensure accurate foreign exchange coverage throughout the project life
- Check, control and monitor movements in Actual and Committed Costs, ask for corrections when necessary. Reassessment of Cost to complete is under Cost Control responsibility if CC function assigned.
- Manage and forecast cash movements monthly. Track cash-in overdue status, give alert and ensure that follow-up action plan is taking place.
- Provide input on claim valuation. (Note: Claim identification responsibility lies with the Project Director role, and detail claiming writing with the legal or contract management teams).
- Provide all necessary support to Project Director/ Project Manager on any financial issues.
- Provide all required information for External/Internal Auditors.
**Process management & people coordination**
- Responsible for timely and correct booking (Margin as Sold, current as sold, current forecast, internal flow elimination) from order booking to project completion.
- Ensure that project data reporting is in line between the ERP and the approved Project reviews.
- Prepare and participate in cash sessions: identification of invoicing triggering events, invoice format, steps from invoice generation until payment, preparation of project cash instruction.
- Active participation in billing and trading forecasting.
- Develop strong relationships and continuous communication flows with all project controllers in Project Participating units to ensure that working assumptions are shared, consistent and reported in a timely manner.
- Ensure that all financial processes & instructions and internal controls, including DoA, are implemented, robust and compliant.
**Management reporting**
- Prepare and attend the consolidated Project Reviews. Prepare the following documents for the consolidated Project Review, with significant input from Project Director: consolidated EAS sheets (via KEOPS), cash curve, trading, and billing plans.
- Produce all financial project reporting as requested by the project functions or project related units.
**Accountabilities**
- Ownership of timely invoicing with documentation and cash collection on the project.
- Accurate, timely production and consolidation of project financial statements, as well as reporting in the ERP system.
- Transparency and accuracy of project margin
- Coordinate and effectively manage all internal financial interfaces on the project such as participating units.
- Bachelors, Masters, CPA, or equivalent degree in Finance.
- Significant project finance experience, strong project accounting expertise in EPC projects (preferably in the Energy business).
- Fluency in English.
- Experience in SAP (modules PS and SD).
- Excellent interpersonal skills, ability to work in a multicultural team within a complex matrix environment.
- Problem solver with high integrity and ability to strategically prioritize work.
**Desired characteristics**
- Exceptional accounting background and operationally inclined in a projects / service industry.
- Humble: respectful, receptive, agile, eager to learn.
- Transparent: shares critical information, speaks with candor, contributes constructively.
- Focused: quick learner, strategically prioritizes work, committed.
- Problem solver: analytical-minded, challenges existing processes, critical thinker.
- Integrity: accepting and adhering to high moral, ethical and personal val
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