Lead Project Controller

Job description

Job Description Summary

We are looking for experience Experienced Project Controller to manage the large, complex and portfolio of projects (own unit’s scope/ comprehensive project scope) and be the finance business partner to Project Director and other project functions.

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Job Description

Role / Job Description:

The Project Controller 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 financials of the project
·  Partner with Project Director & Team to help deliver project on time while maximizing project profitability
·  Have full ownership 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 ERP systems.
·  Have oversight on all matters related or impacted by the project including but not limited to Taxes, Banking regulations, Transfer Pricing, Policy compliance & others
·  Ensure global view of consolidated financials of the project, understand each supplying partner's financial movements.
·  In Partnership with Project Director & other project functions, define revenue recognition (trading) plan, Challenge, and forecast trading and billing milestones to ensure consistent consolidated revenue recognition and cash.
·  Own Invoicing to Collection process
·  Timely support issuance, maintenance, reduction, recovery and cancellation of bonds and bank guarantees to be issued to customer.
·  Ensure accurate foreign exchange coverage throughout the project life. Take necessary hedges to proactively protect against adverse impact of Fx fluctuation on project financials
·  Check, control and monitor movements in Actual and Committed Costs, ask for corrections when necessary
·  Manage and forecast cash movements monthly. Track cash-in overdue status, give alert and ensure follow-up action plan is taking place. Monitor cash disbursements to control project cash flow, supplier credits & policy compliance
·  Track project performance including quality, claim management, insurance to have a clear understanding of all Risks & opportunities & accordingly drive improvement in project financials
·  Provide all necessary support to Project Director and business on financial issues.

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 ERP and approved Project Reviews in Unifier according to budget deviation approved.
·  Prepare and participate in cash sessions: identification of invoicing triggering events, invoice format, steps from invoice generation until payment, preparation of project cash instruction.
·  Forex revaluation
·  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.
·  Implement the controlling tools used within the reporting unit.
·  Ensure that all financial processes & instructions and internal controls, including DoA, are implemented, robust and compliant.
·  Be a partner and support GI OTR Finance Leader to drive Projects & process standardization

Management reporting

·  Prepare and attend the consolidated Project Reviews. Prepare the following documents for the consolidated Project Review.
·  Consolidated EAS sheets (via KEOPS), cash curve, forex revaluation when required, trading, and billing plans.
·  Present financial data to Senior Leadership
·  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,
·  Coordinate billing with customer for GE scope as well as consortium partner

Qualifications/Requirements:

·  Bachelors & any degree... Masters, CPA, or equivalent degree in Finance
·  Language: French and English (fluent speaking and writing)
·  Experience in handling Turnkey projects
·  5+ finance experience including in Energy/Power business
·  Strong oral and written communication skills
·  Experience in the use of SAP
·  Excellent interpersonal skills and experience in managing relationships within a complex matrix environment.