Mission statement:
Act as business partner to the Vertical Head Project and Tender Controlling, Regional Operation manager and Project Managers, responsible for all financial and commercial matters and actively driving the project’s performance. Assigned to multiple projects.
Your responsibilities:
- You will involve an overall Project Execution Plan covering all financial, commercial and tax aspects such as revenue recognition methods, billing plan, payment securities, GST and other indirect taxes, consortium administration, etc., support on project invoicing, and liquidation of Outstanding, manage currency risk, tax issues, bonds and guarantees, coordinate for financial accounting and reporting (including project site accounting), drive and seek for optimization of project cash flow, Revenues and gross margin contribution together with Project Managers and preparation of various Financial MIS , and circulation to team (upstream towards the management and downstream towards PM/APM/Site Team and various functions) to make the team aware of the financial performance and desired actions to maintain healthy project financials.
- You will establish project governance process. Participates in opportunity/risk identification ensure that all required mitigation actions are timely implemented, drive, co-ordinate and prepare monthly project reviews jointly with the Project Manager, review and have joint responsibility with the Project Manager for all financial aspects of the project including estimate at completion and related cost-to-complete, forecasting revenues and Cash in, Cash out. Drive implementation of actions to reach the forecast, drive problem solving activity to ease the bottleneck.
- You will take risk and opportunities assessment and ensure alignment with other functions including Project Controls, planning/scheduling”, provide early warning and update on the same and responsible for timely Review and Updating Project review Templates/materials for onward review with LOU / HBL/BL, updating Promis report for the projects on monthly basis.
- You will promote 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), drive claim management, back-charges and insurance cases and monitors the proper follow up together with the Contract Manager/Project Manager upstream (towards customer), as well as downstream (towards suppliers).
- You will follow-up on internal project audit reports and ensure timely implementation of all required actions related to projects under responsibility, responsible for adherence to corporate governance, integrity, assurance, internal control, group charter, business specific directives and instructions, drive, setup and closure of all taxation matters pending against projects along with project manager and responsible to close all taxation documentation of projects.
- Living Hitachi Energy's core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues and the business.
Your background:
- University degree in relevant field .
- More than 6 years of Project business controlling experience.
- Expert knowledge of IFRS and Group Directives.
- Experience in working in the industry of electrical or power, EPC, construction, or industry that has high value, long duration and complex projects
- Experience in handling big scale project worth more than USD 100 million
- Leadership skill to manage different cultures and cross function leads.
- Good command in English verbally and written.
