Finance Project Manager - D&IS Internal Projects

9 - 13 years

8 - 12 Lacs

Posted:2 weeks ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Responsibilities and Accountabilities

Scope of job

  • In coordination with Project Manager, prepare periodic Project reviews with all relevant financial analysis.
  • Control and optimize Project results through close involvement with Project Manager
  • Challenge the estimate to complete in order to maximize the Project margin
  • Assure invoicing is completed as soon as possible and play an active role in securing payment in due time
  • Review and analyze all balance sheet items linked to projects viz. WIP, Balance recoverable from customer, Inventory, etc.
  • Manage Treasury requirements, FEMA Compliance and hedging to limit exposure
  • Provide all Project finance reporting
  • Participate in Project Management team meetings, risk sessions, and all decision-making concerning Project financial or contractual aspects
  • Ensure accuracy of actuals and estimates to complete
  • Ensure cost components quality, cost, and delivery commitment is properly documented/backed up and monitored on monthly basis
  • Ensure the economic and financial management of the project, following all company procedures and ensuring risks and opportunities are managed to optimize the project financial targets

Responsibilities and Accountabilities

Scope of job

  • In coordination with Project Manager, prepare periodic Project reviews with all relevant financial analysis.
  • Control and optimize Project results through close involvement with Project Manager
  • Challenge the estimate to complete in order to maximize the Project margin
  • Assure invoicing is completed as soon as possible and play an active role in securing payment in due time
  • Review and analyze all balance sheet items linked to projects viz. WIP, Balance recoverable from customer, Inventory, etc.
  • Manage Treasury requirements, FEMA Compliance and hedging to limit exposure
  • Provide all Project finance reporting
  • Participate in Project Management team meetings, risk sessions, and all decision-making concerning Project financial or contractual aspects
  • Ensure accuracy of actuals and estimates to complete
  • Ensure cost components quality, cost, and delivery commitment is properly documented/backed up and monitored on monthly basis
  • Ensure the economic and financial management of the project, following all company procedures and ensuring risks and opportunities are managed to optimize the project financial targets
  • the Financial Management of the Project, Accuracy of the information and Transparency in the communication following the Company procedures and ensuring the risks and opportunities are followed in order to meet the project targets.

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