Project Controller

Location:
Dammam, Eastern Region, Saudi Arabia
Job ID:
SA55042802
Date Posted:
‎2023-‎03-‎29
Company Name:
Hitachi Energy Ltd
Profession (Job Category):
Finance
Job Schedule:
Full time
Remote:
No
Job Description:
General information: You as a Senior Project Controller will be part of
Hitachi Energy business based in Al Khobar, Saudi Arabia. You will be acting
as a business partner to the project with an objective to ensure best of the
class project financial controlling with utmost focus on delivering project
KPIs on time and as forecasted, cost optimization, review governance and
internal controls process and procedures of the company.
Responsibilities: Delivering the forecast for monthly revenue or collection or
OCF for the project > ‎95% predictability for all indicators with specific
focus on Cash. Working closely with Project Director and other functions.
Ensuring reduction of NWC by reducing pre-billing lead time and driving on
time invoicing to customer as per milestone and taking proactive action to
collect on or before time and avoid over dues receivables. Making sure the
current estimate is correctly updated monthly and risk and contingencies are
verified and approved in line with A&RG. Ensuring the project review
governance within the project team and ensuring it is submitted to GPG on
time. Obtaining accuracy in financial data and analysis or scenarios provided
as needed during project reviews. Assuring correct time sheet booking is
recorded in the project and avoiding of any under absorption in the project.
Making certain pro-active management of inventory to cash realization and
driving cost down for improving the gross margin of the project by strict cost
control with transparency of cost. In ensuring revenue recognition in line
with A&RG guideline. Acting as first line of defense and guardian of the
rules. Solidifying Business procedures or processes and enforcing them.
Certifying ‎100% track record for internal controls and ‎100% recommendations on
all follow up internal audits. Periodic customer account reconciliation and
sign off. In staying connected with customer responsible for project issues
resolution and timely escalating on unresolved issues for support required.
Periodic visit to site for reviewing of physical progress and to have a check
on all the areas of internal control which are established and in case of any
deviation escalation on immediate basis. Developing the competence within team
and nurturing the talent with global collaboration in mind. He will be
responsible to identify the gap through competence assessment, developing the
trainings as needed and deliver them as well in line with the plan. 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: A bachelor's degree with financial background as basic
qualification. Similar or equivalent industry with business controlling,
financial planning, and analysis along with Project controlling background.
‎15-‎20 years of experience in controlling. Experience in dealing with cross
country culture. Ability to operate reliably under difficult circumstances.
Proven analytical, problem-solving and negotiation skills. Proficiency in both
spoken & written English language is required.