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Job Description - Project Controller
This is a Project Controller position located in Bengaluru, India, and reports to Project Controlling Lead, being part of Controlling Capability Centers.
Mission Statement Act as business partner to the Project Controllers, Project Managers & Local Business Controllers, responsible for all financial and commercial matters and actively driving the project’s performance.
Your responsibilities
1.Tender stage Reviews and takes joint responsibility with Tender Manager on financial, commercial and tax aspects. Ensures that tender calculation is done correctly, prepares cash-flow and exposure curve. Participates or provides input to negotiations on contractual terms and conditions (clients, consortia, subcontractors, suppliers). Participates and provides input in local risk review process.
2. Project execution Prepares a Project Financial Execution Plan (as part of an overall Project Execution Plan covering all financial, commercial and tax aspects such as permanent establishment, revenue recognition methods, billing plan, payment securities, consortium administration, import duties and VAT, etc.). Is responsible for the correctness of project balance sheet and income statement as well as for cash flow and monthly/quarterly forecast. Prepares project invoices, manages currency risk, tax issues, bonds and guarantees, financial accounting and reporting (including project site accounting), drives and seeks for optimization of project cash flow, Revenues and GM contribution together with Project Director.
3. Monitoring and review Establishes project governance process. Participates in opportunity/risk identification, ensure that all required mitigation actions are timely implemented. Drives, co-ordinates and prepares monthly project reviews jointly with the Project Manager. Reviews and has joint responsibility with the Project Manager for all financial aspects of the project including estimate at completion and related cost-to-complete, forecasted Revenues and Cash Flow, Risks and Opportunities assessment and ensure alignment with other functions including Project Controls, planning/scheduling”.
4. Commercial terms Promotes commercial awareness in the project team and provides commercial input to the project execution plan (such as T&Cs in supply management, claims, back-to-back conditions). Drives claim management, back-charges and insurance cases and monitors the proper follow up together with the Contract Manager/Project Manager upstream (towards customer), side-stream (towards consortia partner) as well as downstream (towards suppliers).
5. Compliance & Internal Control Follows up on internal project audit reports and ensures timely implementation of all required actions related to projects under responsibility. Is responsible for adherence to: corporate governance, integrity, assurance, internal control, group charter, business specific finance directives and instructions.
6. Organization Drives setup and closure of permanent establishment and branch offices where required for the project. Is responsible jointly with the Tax function for timely filing of financial/tax reports of project branches
7. People leadership and development Supervises on a project basis Site Controllers – depending on the size and complexity of the project
Living core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues, and the business.
Your background
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