Posted:-1 days ago|
Platform:
Work from Office
Full Time
The candidate would work closely with the Middle East based Finance Business Partners to provide customized analytical support. Key relationships would be with the Finance Business Partners, technical Project teams, Heads of Discipline, as well as the Global Capability Centre (GCC) India Project Finance team. The Job responsibilities include but are not limited to ones given below
CA/ MBA-Finance/others with 5-7 years of experience in a Commercial/Project finance environment
Bachelor s Degree in Business Administration, Engineering, Management, or Finance
BGV:
Support the Finance Business Partners as well as the Business Unit leaders and Project Leaders
Involvement throughout the lifecycle of a project from prospect to close out
Promote best practice in project and bid management by assisting Project Leaders in line with what is defined by QMS and Project Life Cycle
Conducting various analysis on projects to identify risk and opportunities on the projects.
Provide Internal Audit and External Audit support.
Work towards compliance with NI 52-109 for all Project Finance controls
Support projects based in the UAE, Qatar, Kuwait, Saudi Arabia and potentially other locations across the GCC and occasional travel wmay be required
Prepare and contribute to delivering P&L Business Unit annual budgets and quarterly forecasts
Revenue recognition as per POC method and ensuring the correct cost to complete of projects
Carrying out project wise, Business Unit wise cost & margin analysis and providing reasons for the erosion/ gain of margins
Work closely with the Finance Business Partners and Business Unit leaders in managing the month-end revenue recognition process along with production of related monthly performance reports to Senior Management
Help ensure Project Leaders are accurately reflecting progress made in month and forecasting revenue in line with the latest and best information available at the time of completion
Assist Project Leaders in completing and managing their EAC/ Cost to complete forecasts so that everyone has a full picture of the future performance of their projects and the Business Units can accurately assess resource requirements
Attend project review meetings, including the preparation of the financial data and take away any relevant Project Finance actions
ERP (Oracle) implementation under Project Finance especially w. r. t revenue recognition based on Percentage of completion (PoC) and time charge method
Help ensure working capital reports reflect the latest information available and that all actions are complete on a monthly basis by the relevant Project Leader
Review and approve all project invoices in conjunction with the Project Leaders where required
Provide support for the financial build-up of resource and lump sum pricing items for prospects where required
Provide ad-hoc reporting and reconciliations as required
Key Competencies
Mandatory Skills
Excellent communicator - know your audience
Problem solver - identify weak links and work to rectify/improve
Work ethics - works to high standards and is a completer finisher
Strong analytical skills- analytical approach to raise right questions and find solutions
Desired Skills
Construction and consultancy experience is preferred
Experienced user of Microsoft Office - particularly intermediate to advanced level in Excel, Word, PowerPoint and Outlook
Previous exposure to Oracle or similar project reporting systems is preferred
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