Job Description SummaryWe are looking for experience Lead Finance Project Controller to manage the consolidated financial accounts of the allocated turnkey projects (own unit’s scope/ comprehensive project scope) and supporting the Project Directors / Project Managers and other project functions as a finance partner in GE Grid System Integration Business in North and South Europe.

Job Description

Role / Job Description:

The Lead Project Finance Controller reports to GSI Region Finance Leader - North & South Europe has overall responsibility for all reporting and controlling requirements of the project, for proper consolidation of project results and for a comprehensive communication to secure consistent accounting and reporting of the project in terms of detailed scope and responsibilities as follows:

Cash Flow and Revenue/Margin management & controlling:

Accountable for all financial issues on the project after tender phase (from contract award date to project close-out/ Final Acceptance Certificate).Always have full knowledge of all financial movements with regards to revenue, margin and cash. Ensure that such information is consistent, approved and reconciled on a regular basis in the ERP systems.Ensure global view of consolidated the financials of project, understand each partner's financial movements.With the Project Director/Project Manager and Cost Controller, define, consolidate, validate, and forecast trading and billing milestones to ensure consistent consolidated revenue recognition and cash.Invoice customer and create related invoice in the ERP systemEnsure accurate foreign exchange coverage throughout the project lifeCheck, control and monitor movements in Actual and Committed Costs, ask for corrections when necessary. Reassessment of Cost to complete is under Cost Control responsibility if CC function assigned.Manage and forecast cash movements monthly. Track cash-in overdue status, give alert and ensure that follow-up action plan is taking place.Provide input on claim valuation. (Note: Claim identification responsibility lies with the Project Director role, and detail claiming writing with the legal or contract management teams).Provide all necessary support to Project Director/ Project Manager on any financial issues.Provide all required information for External/Internal Auditors.

Process management & people coordination

Responsible for timely and correct booking (Margin as Sold, current as sold, current forecast, internal flow elimination) from order booking to project completion.Ensure that project data reporting is in line between the ERP and the approved Project reviews.Prepare and participate in cash sessions: identification of invoicing triggering events, invoice format, steps from invoice generation until payment, preparation of project cash instruction.Active participation in billing and trading forecasting.Develop strong relationships and continuous communication flows with all project controllers in Project Participating units to ensure that working assumptions are shared, consistent and reported in a timely manner.Ensure that all financial processes & instructions and internal controls, including DoA, are implemented, robust and compliant.

Management reporting

Prepare and attend the consolidated Project Reviews. Prepare the following documents for the consolidated Project Review, with significant input from Project Director: consolidated EAS sheets (via KEOPS), cash curve, trading, and billing plans.Produce all financial project reporting as requested by the project functions or project related units.

Accountabilities

Ownership of timely invoicing with documentation and cash collection on the project.Accurate, timely production and consolidation of project financial statements, as well as reporting in the ERP system.Transparency and accuracy of project marginCoordinate and effectively manage all internal financial interfaces on the project such as participating units.Bachelors, Masters, CPA, or equivalent degree in Finance.Significant project finance experience, strong project accounting expertise in EPC projects (preferably in the Energy business).Fluency in English.Experience in SAP (modules PS and SD).Excellent interpersonal skills, ability to work in a multicultural team within a complex matrix environment.Problem solver with high integrity and ability to strategically prioritize work.

Desired characteristics

Exceptional accounting background and operationally inclined in a projects / service industry.Humble: respectful, receptive, agile, eager to learn.Transparent: shares critical information, speaks with candor, contributes constructively.Focused: quick learner, strategically prioritizes work, committed.Problem solver: analytical-minded, challenges existing processes, critical thinker.Integrity: accepting and adhering to high moral, ethical and personal values in decisions, communications, actions and when dealing with others.

Additional Information

Relocation Assistance Provided: No