Project Controller - Vadodara, India - Hitachi Energy

Hitachi Energy

Verified Company

Vadodara, India

1 week ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Main Accountabilities:

1. Tender stage Supports the tender manager on financial aspects. Provides input to negotiations on commercial issues. Provides input in local risk review process.

2. Business planning and forecasting
Translates strategy into business plans and establishes measurable targets.

Oversees the business planning and forecasting process for the area of responsibility and serves as the interface to HQ/Country CFO/Global/Local Division Manager.

Evaluates financial implications of various strategic decisions, builds scenarios and recommends actions.

3. Project execution Provides input to the Project Execution Plan on financial aspects. Prepares project invoices, financial accounting and reporting (including project site accounting). Drives project cash flow and oversees currency risk and tax issues. Is responsible for the correctness of project balance sheet and income statement as well as for cash flow and monthly/quarterly forecast.

4. Monitoring and review Participates in opportunity/risk identification, monitor that all required mitigation actions are timely implemented. Supports the Project Manager in coordinating and preparing monthly project reviews. Participates in preparing the project cost report. Verifies the substance for cost to complete.

5. Commercial terms Provides support on claim management, back-charges and insurance cases and monitors the proper follow up together with the Contract Manager/Project Manager up-stream (towards customer), side-stream (towards consortia partner) as well as down-stream (towards suppliers).

6. Business performance and decision support
Monitors progress achieved and provides insight and analysis to support operational decision-making. Identifies issues, and advises management on action plans and operational strategies to resolve. Drives appropriate cost structure, productivity optimization, and capital efficiency. Manages and closely monitors the cash flow and takes action to improve Net Working Capital.

7. Risk management Identifies and communicates commercial and financial risks and opportunities from business propositions. Executes risk review procedures and processes in line with global policies and standards to minimize commercial and financial risks and exposure.

8. Internal controls and compliance
Ensures transparency in financial reporting and disclosures. Defines and implements internal controls regarding financial and non-financial operations. Ensures compliance with corporate and country standards, regulations, and guidelines. Supports internal and external audits.

9. Communication with internal stakeholders
Ensures timely and efficient communication with relevant Local/Country/Division/Region Controllers, Accounting Center, and other internal customers to identify and discuss issues for improvement of
- operations, work quality and efficiency for area of responsibility.
Basic Info

Location