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Project Finance


Welspun World


Location

Hyderabad | India


Job description

Job Purpose

- Responsible for driving project accounting, project related Site compliance, financial and operational internal controls, project capitalization, process simplification, and operational excellence to deliver accurate actual financial reporting and analysis.

Manage the controllership and financial reporting of projects in accordance with internal control rules. Ensure project accounting is in accordance with Company guidelines; define milestone and liaise with accounting for revenue recognition. Organize the project reviews from start to the end of each contract. Ensure consistency with project teams. Analyze the execution performance and propose action plans to improve contract margin and cash profile as well as corrective action plans to mitigate identified risks. Manage project financials from start to finish, including budgeting, tracking deviations, and adherence to internal policies. Conduct monthly project audits and financial analytics to review cost variances and pricing analysis. Collaborate with project managers to create robust financial budgets and forecasts, analyzing the financial implications of project activities. Track project progress and milestones for accurate revenue recognition, cost accounting, and billing. Collaborate with finance team to improve financial management practices and awareness across the business, providing financial insights for strategic decision-making. Book project in SAP and create WBS. Creation of Project Sales order in SAP. Expertise in Project finance / Capitalization . Support Term Loan related drowdown requests, Bankers Audit and project closure reports as per Banking norms.

Relevant Experience

- 8 to 12 years in Finance & Controlling

Education & Skills

- Chartered Accountant, Professional qualification in finance field. Candidate with knowledge/experience in project driven business is preferred.

Location

- Hyderabad

Interested candidates share profile on [email protected]

Thanks, Mazhar Khan Welspun Chairman Office


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