Home | Jobs | Finance | Junior Finance Project Manager, 4 to 9 years in Bangalore

30 Apr 2024

YROK

Junior Finance Project Manager, 4 to 9 years in Bangalore

Company Logo Alstom Transport India Limited

Bangalore

6-8 Years

finance project management, Financial Analysis, Treasury Operations, contract management, Management Accounting, financial reporting, General Ledger

Job Description

Position: Junior Finance Project Manager
Qualification: CA,ICWA
Experience: 4 to 9 years
Location: Bangalore

Job description
Key accountabilities:
Participate in overall Project Management process jointly with Project Manager.Main activities:

Contribute effectively with the project initial set up.Liaise with the Finance Tender Manager to understand and implement the global financial strategy set for the project at tender stage (forex and firming strategy, tax guidance, cash profile, etc.), ensuring a smooth transition from Tender to Project.Communicate effectively with Project Stakeholders and provide reliable financial analysis to assist in the decision-making (Explain, justify and keep record in detail).Prepare jointly with the project team, the project reviews content and reassess each semester the profitability.Explain, justify and keep record in detail of the estimates.
FPM is permanently focused on adding value through:Interpreting and implementing the global financial strategy set at tender stage.Participating and influencing negotiations (Price review, financial T&C, VOs, Claims, etc.).Challenging financial information throughout project process (consistent Early Warning for financial impacts of projects operational performances and risk mitigation).Monitoring compliance with all governance and reporting rules & regulations in project.Corroborating the permanent compliance of International Financial Reporting Standards (IFRS).Understanding the forex and firming strategy considered at tender stage, and ensuring it is implemented at CPR0 and alert management in case of any deviation.Understanding the tax guidance provided at tender stage and ensuring it is implemented at CPR0 and alert the Tax & Customs Department in case of any deviations.
Understanding the Project Organization (PxO) focused on Financial Flows.Understanding the contractual terms and conditions and advising about all financial matters in contract, focusing on guiding on competitiveness improvement.Supporting Claim Management (jointly with Project Manager & and Contract Manager), focus on finance topics, risks profile (support amendments wording).Managing and analyzing costs, revenue and profitability.Preparing timely forecasts for sales, costs, margin and cash.Transforming data analysis into real insights focusing on profit improvement.Permanently looking for liquidity flows and working capital optimization and promote cash culture in the project.Ensuring billing process (external or internal) is made on a timely manner.Ensuring, managing and monitoring foreign exchange exposures and Contract Price Adjustment (CPA) indexes evolution (help to define indexes to be used).
Warning on any deviation that may affect the tax structure (Tax guidance) proposed at tender stage.Supporting the finance teams in the monthly closing process and reporting Project financials in a suitable manner.Supporting requests made of Performance Management Group.Challenge eligibility and relevance Capex & R&D analyzing impacts and optimizing how to implement and informing Operations Finance about the amounts considered at tender stage.Reconciling project data and General Ledger on regular basis.Ensuring project contractual bonds and guarantees are issued on due time and request release \"as soon as possible\", avoiding unnecessary expenses.Measurement / Key Performance Indicators(Evidence of good performance related to key tasks and responsibility mentioned above, use to measure success in the role)Achievement of financial targets of the project (ie: project margins compliance, project cash flow in line with targets, kips fulfillment, etc.)

30 April 2024

YROK

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