Senior Analyst Project Financial Control
Location
Mumbai | India
Job description
WELCOME TO SITA
SITA is the leading specialist in air transport communications and information technology. We don’t just connect the global aviation industry, we apply decades of experience and expertise to address almost every core business, operational, baggage, and passenger process in air transport. As an organization, we cover 95% of all international air travel destinations and work with over 2,800 air transport and government customers in every corner of the globe. Immerse yourself in the dynamic world of technology while embracing our collaborative, and inclusive culture.
Ready to redefine air travel? The journey starts here, with you at SITA.
ABOUT THE ROLE:
Responsible for project financial control financial performance reporting & forecasting for significant projects or programmes across SITA and Support to the Project Manager(s) and team providing key data to support recommendations.
WHAT YOU WILL DO:
- Working together with the Project Manager to make clear the financial performance of the project compared to the approved Business Case.
- Ensure proper financial handover from the sales cycle into projects & ensure this is supported by the necessary documentation e.g. signed contract approved business case etc.
- Responsible for project financial set up to allow tracking and control.
- Preparation of project budget based on the approved business case.
- Finalize revenue and billing and conduct P/L monitoring.
- Work with Accounting for month end closing for the project making accruals/deferrals as appropriate.
- Drive accurate coding of data to allow project tracking in both P&L and Balance sheet e.g. accruals deferrals Inventory/Asset tracking.
- Regular review & analysis of the project ''actuals'' financials and communication of financial variances to the Project Manager.
- Updating Forecast together with the PM through to end of the project taking account of known/expected occurrences.
- Track & report on project contingencies.
- Produce monthly financial report (prior to the monthly project team meeting).
- Participate in and provide input as required at PRBs.
- Reporting current year performance into the solution line including actuals reasons for variances project forecast highlighting financial risks to allow the solution line to complete their monthly forecast exercise.
- Liaise with local and regional accountants to ensure proper accounting on statutory books.
- Provide financial support to the project team Finance team members and the worldwide accounting organisation.
- Ensure that project is in compliance with IAS standards and company financial policies.
- Responsible for project close down at handover to operations.'
EXPERIENCE:
- 4+ years as an experienced post qualified Finance Project experience working within large complex matrix environments.
- Demonstrates understand / knowledge of project control practices.
- Possess strong financial analysis skills and be experienced in financial modeling in excel. Knowledge of Sun Hyperion Access and ePM important training can be provided if appropriate.
- Demonstrates solid understanding of corporate financial and procurement processes.
- Specific experience of airline industry would be of benefit.
- Professional Financial Qualification (eg ACCA / CIMA) ideal.
- Financial degree education and / or accreditation such as AAT essential
WHAT WE OFFER:
SITA’s workplace is all about diversity, many different countries and cultures are represented in our workforce. We collaborate in our impressive offices, embracing a hybrid work format. As part of our global benefits, we offer:
🏡 Flex-week: Work from home up to 2 days/week (depending on your Team's needs).
⌚ Flex-day: You may wish to flex your arrival time at the office, to beat the rush hours or you may want to leave the office earlier to pick up your kids from school or to go to your favorite game: We support you in being open about your needs and routine with you manager.
🌎 Flex-location: Benefit for 30 working days from anywhere around the world each year!
🙌🏽 Competitive benefits according to the local market
SITA is an Equal Opportunity Employer and values a diverse workforce. In support of our Employment Equity Program, women, aboriginal people, members of visible minorities, and/or persons with disabilities are encouraged to apply and self-identify in the application process.
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