R&D Project Controller- Controlling & Planning CoE Specialist
R&D Project Controller- Controlling & Planning CoE Specialist
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1 Vacancy
Job Description
Role: R&D Project Controller
Reporting to: CFO
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)
Location: Bangalore (Hybrid)
Role Overview: 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 analyze 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.
Contacts:
- External: Customers external auditors etc.
- Internal: Project managers Engineers project team Peers Accounting and Reporting Finance and Tax Legal and Compliance Risk Management Internal Audit Marketing & Sales.
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.
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 analyze project data and identify potential issues.
- Technical Understanding: Familiarity with the technical aspects of the projects being managed.
Employment Type
Full Time
