PROJECT FINANCIAL CONTROLLER
This is a hybrid remote position, with the opportunity to work from home and/or in our office in Sesto Fiorentino, Italy.
About Us:
Hitachi Rail is a global leader in the development of advanced rail solutions. With a presence in every corner of the world, our work is at the cutting-edge of digital transformation and technology.
The Role:
We are seeking a skilled Project Financial Controller to join our team. This is an exciting opportunity for a financial professional to make a significant impact on our projects.
Key Responsibilities:
* Provide timely and accurate financial information to stakeholders.
* Prepare and direct forecasts and simulations, monitor the budget of all financial indicators.
* Ensure that financial aspects are considered when strategic decisions are made.
* Contribute to manage risks and opportunities and propose solutions.
* Initialize the project, reviewing the Work Breakdown Structure (WBS) and Cost Breakdown Structure (CBS), allocating the total budget, implementing management tools and structuring management of risks and opportunities.
* During project execution, coordinate the analysis, update and monitor the project's financial components, in cooperation with project management office, industrial controller, operation controller, sales administration and the legal & contract management.
* Measure and analyze the costs variances between actuals, forecasts, budget and baselines. Propose corrective actions in order to recover the forecasted Revenues, EAC & Cash.
* Ensure consistency with project planning and re-evaluate the Estimate At Completion position in accordance with the internal rules.
* Provide analysis to detect any discrepancies, alert and propose action and recovery plans to secure reliability on the EAC.
* Ensure forecasts and monitor revenues and cash flow positions (Optimize and guarantee the cash exposure of the project).
* Ensure synthetic analysis allowing a high-level reporting.
* Prepare standard Monthly project financial dashboard. Explain actual, ETC, variances CBB vs EAC.
* To produce the consolidated dashboards and all other reports related to the Project.
* To validate all expenses and all Purchase Request forms of the Project in line with the budget. Challenge actual costs and forecast and monitor landing accurately.
* Strictly control and monitoring on Unbilled, Revenue, Billing. Alert when the level of unbilled becomes critical.
* To follow up and update on sales, invoicing & cash with the PMs.
* To contribute to bid preparation for all variation orders around the project, advising Bid Manager on all financial subjects to guarantee reasonable and reliable CBB and margin. Prepare P&Cs and cash flow for the bid activities.
* Prepare Fin memo and P&Cs by GBU, BL, WP, Country and Consolidated level. Prepare and explain cash curve (consolidated, if needed).
* Manage project budgeting and forecasting process ensuring the accurate and timely reporting to group, through MTMP, EAC review and Monthly FCST reviews.
Experience, Qualifications and Skills:
* Degree in Economics and/or Engineering.
* 3/5 years' experience in controlling, preferably in long term projects.
* Good team player, willing to evolve in an international and dynamic environment.
* Good interpersonal and presentation skills.
* Proficiency in Excel and PowerPoint.
* Italian mother tongue and fluency in English (both written and spoken).
* Ability to work under pressure in order to meet deadlines.
* Availability to travel.
* Knowledge of OCM / SAP.