drjobs Project Finance Analyst - Denmark

Project Finance Analyst - Denmark

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1 Vacancy
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Job Location drjobs

Bengaluru - India

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

At ABB we help industries outrun - leaner and cleaner. Here progress is an expectation - for you your team and the world. As a global market leader well give you what you need to make it happen. It wont always be easy growing takes grit. But at ABB youll never run alone. Run what runs the world.

This Position reports to:

Global Project Finance Manager


You will be working as Project Finance Analyst and will be part of Process Automation Business Area for Energy Industries Division based in Bangalore this role you will be reporting to the Global Project Finance Manager and will be responsible for supporting the Project Manager or Project Finance Controller in the country assigned in all financial and commercial matters related to the project and actively drive their respective projects performance. Additionally this role includes business trips to Denmark for on-the-job training.

Tasks:

  • Support project manager/ project finance controller in all financial and commercial matters and actively drive the projects performance
  • Follow up on some projects with Project Manager / Project Finance Controller (7-10 projects total value 20 MUSD biggest 12 MUSD)
  • PR preparation and upload
  • Working meetings with Project Manager before Project Review
  • Maintain upload template and minutes of meeting
  • PO review including GR/IR check and Basware
  • Responsible for invoice on RRB (Reimbursable) based on approved cost
  • Support in Bank Guaranties
  • Handling of externals/OPC that is posted on project (PO Timesheets tax accommodation permits travel GR etc)
  • Provide forecast information like revenue recognition plan and cost-to-complete
  • Monitor and control actual cost and revenues against the forecast & project budget (As-sold)
  • Identify analyze report and follow-up any economic deviations related to recognized revenues and gross margin actual/planned costs and over dues.
  • Creation of internal orders/projects (warranty work due etc)
  • Support with documentation for audits and managements testing
  • Provision for project licenses
  • Participate in dunning
  • Participate in the projects risk management process for early identification of risks and opportunities and do monthly assessment of the identified risks contingencies and opportunities
  • Ensure compliance with Accounting & Reporting Policies and applicable internal control procedures

Requirements:

  • Bachelors in commerce / accounting / business administration / CMA / CWA / CA
  • Upto 4 years of experience in Project Controlling / Financial Planning & Analysis/ project handling / settlement
  • Fluency in English
  • Structured and analytic approach
  • ABB PFA education (added advantage)
  • Timely focus and follow the financial time schedule
  • Proactive and responsible personality with good team work and excellent communication skills
  • Flexibility and willingness to take on responsibility
  • Efficient and high work capacity to master periodically high work load
  • Capability to work independently to high degree and also result-oriented and structured
  • Experience in use of SAP and relevant Microsoft programs



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Employment Type

Full-Time

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