GENERAL ELECTRIC GE Power Portfolio
Location
Gujarat | India
Job description
Roles and Responsibilities
The Project Controller is expected to have full knowledge of all financial movements within the project and particularly cash and ensures such information is consistent and reconciled on a regular basis.
Invoicing for milestone and progress payments, & support to the Project Director for cash collection.
Defining the revenue milestones at project inception and monitoring the same.
Check, control and monitor cost movements monthly, using: -
Purchase Order information
Time bookings and manpower charts.
Recorded costs, and Costs to Complete (including working with the functional personnel on their forecast)
Cash management:
Timing & management of cash movements.
Forecasting of cash movements.
Communication and reconciliation with GE partners on flows of cash (including IG balances);
An understanding of foreign exchange issues affecting the project and undertaking at least six monthly a full reconciliation of all forex positions on the project (cash in/out) in conjunction with the treasury function.
Understand the bonds and guarantees issued to Customer by the project, and pro-actively manage these instruments, through: -
Issuing
Reduction.
Extension/Cancellation
Taxes, insurances and duties required, and the effect on the project costs/cash flows (inclusive of the onshore).
Provide support for claim compilation and risk assessment.
Project internal controls must be implemented and fully compliant, providing support for financial audits by CAS or external auditors
Management and reconciliation of project results both within the Project accounts with respect to Balance Sheet positions related to the Project (offshore & onshore).
Weekly and monthly reporting of Project KPI for Pacing & management review.
Producing all financial project reporting, including:
Cash flow forecast templates.
Sales recognition schedules.
STECO Project Review reports, with appropriate detail to justify committed, expended, and cost to complete.
Required Qualifications
This role requires advanced experience in the Finance & Project Control. Knowledge level is comparable to a CA / ICWA / MBA from an accredited university and having at least more than 5 years in Project controlling role .
Hands on working experience in SAP environment.
Having good command on Excel and any other analytical software.
Desired Characteristics
Strong oral and written communication skills. Demonstrated ability to analyze and resolve problems. Ability to document, plan, market, and execute programs. Established project management skills.
Relocation Assistance Provided: No
Job tags
Salary