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Job Description
The opportunity
Act as business partner to the Vertical Head Project 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.
How you'll make an impact
- Prepares a Project Financial Execution Plan (as part of 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.). Supports on project invoicing, 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 Managers.
- 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.
- 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), as well as downstream (towards suppliers).
- 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 directives and instructions. Drives, setup and closure of all taxation matters pending against projects along with project manager. Is responsible to close all taxation documentation of projects.
- Ensures (with HR Manager support) that the area of responsibility is organized, staffed, skilled and directed. Guides, motivates and develops direct/indirect subordinates within HR policies.
- Responsible to ensure compliance with applicable external and internal regulations, procedures, and guidelines.
- 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
- Candidate should hold CA / CMA / ICWA as educational qualifications with relevant work experience
- Proficiency in both spoken & written English language is required
More Info
Key Skills
Project Financial Execution Plan
Internal project audit
Financial accounting and reporting
Project site accounting
Billing plan
Revenue recognition methods
GST and other indirect taxes
Payment securities
Taxation documentation
Project governance process
About Company
Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world's energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 40,000 people in 90 countries and generate business volumes of approximately $10 billion USD. www.hitachienergy.com
