Research and Development Controller

The R&D Controller is responsible for overseeing the financial and commercial performance of R&D projects. This role involves managing budgets, forecasts, reporting, and financial reporting to ensure alignment with strategic objectives.

Key Responsibilities:

• Strategy and Planning:

• Contribute to the development of R&D strategies and follow up on KPIs related to quality, delivery, and cost.
• Ensure systematic analysis of project progress and completion.

• Financial Management:

• Responsible for the R&D budget and financial performance.
• Create, analyse, and value the budget framework.
• Optimize project cash flow and manage currency risk, tax issues, and project financing requirements.
• Capitalization of project,
• License fee calculation
• Hourly rate calculation
• Creation of Project & Closure of projects
• Ownership of Complete financials for MACH.

• Project Execution:

• Prepare the Business Financial Execution Plan consistent with internal, contractual, and regulatory objectives.
• Promote commercial awareness within the R&D team and provide commercial input to project execution plans.
• Monitor claims and back-charges, coordinate regular project reviews, and identify risks with mitigation actions.

• Collaboration:

  Working closely with various stakeholders, including product management, engineering, and operations teams. follow up for time writing and approval.

• Leadership and Communication:

• Support the R&D management team in budget-related issues and communicate budget directives.
• Supervise project accountants, cost engineers, and field administrators as needed.

• Compliance and Governance:

• Implement internal control processes to avoid misstatement in financial statements.
• Ensure corporate governance, compliance, assurance, and internal control.

Required Qualifications:

• Proven experience as an R&D project controller
• Proficiency in SAP S/4HANA, FICO, SD-PS, MS Office, very strong excel skills.
• Automation and process improvement mindset
• Strong numerical and analytical skills.
• Excellent attention to detail and organizational skills.
• Service mindset
• Good communication and negotiation skills.
• Detail-oriented team player with the ability to adhere to strict deadlines.

Preferred Qualifications:

• (Postgraduate with experience)

  MBA (Finance), CA, ICWA.
• Familiarity with project management and financial software.
• 8-10 Years of Experience in a R&D controlling or Project controlling within the construction, manufacturing or engineering industry (Mainly in Projects)

Skills:

• Project Management Expertise:

  Strong project management skills and experience.

• Financial Acumen:

  Understanding of financial concepts and budget management.

• Communication Skills:

  Ability to communicate effectively with stakeholders and teams.

• Analytical Skills:

  Ability to analyse project data and identify potential issues.

• Technical Understanding:

  Familiarity with the technical aspects of the projects being managed

Note: