Financial Controller
2 days ago
Our client is seeking a highly skilled Financial Controller with a solid foundation in project accounting.
Your main responsibilities are:
- To ensure financial reporting is accurate and deliverables are submitted within set deadlines.
- To provide sound financial/non-financial performance analysis and commentary.
- To actively participate in month-end closing to ensure correct revenue and cost allocation by the region and (when required) proposing appropriate accruals.
- To lead the cost controlling on the regional projects and propose actions to ensure containment of general overheads and ensure appropriate communication across all the departments of the organization.
- To support the financial forecasting and budget exercise and ensure a high level of accuracy.
- Support other areas of the business in analysing results and collating information for decision making including involvement in ad-hoc projects. This includes developing reporting tools and dashboards where appropriate.
Tasks & responsibilities:
Financial control & accounting:
- Control and monitor the project total expenditure, including verifying and checking the timesheets, invoices and claims from suppliers, vendors, and subcontractors to ensure that all project expenditures are captured and properly recorded.
- Coordination of the closings: ensure accuracy (P&L, B/S) and on-time submission.
- Sales and Margin analyses, P&L, overheads, balance sheet analyses and monitoring of provisions/accruals.
- Control accuracy and completeness of information reported by the businesses. Provide provisional analysis to regional FD, of monthly position vs. budget/forecast.
- Develop tools to assist teams in analysing variances against budget, forecast, and previous year in an accurate and efficient manner.
- Perform monthly reconciliations between PRT (Project reporting tool) and financial ERP to ensure accuracy of Group reporting to underlying books & record.
- Prepare and review project/general accruals to be posted.
Business plan, budgeting and forecasting:
- Coordinate collection, controlling, analysis, production and dissemination of information from the project reporting tool used in forecasting exercise and month-end tasks (POC projects).
- Assist with budget and forecast reporting: overhead budget submission (yearly), monthly reforecast of top line.
- Maintain a detailed working knowledge of the IMEA consolidated budget and KPIs.
Data analytics & process improvements:
- Implement analytics tools to provide insights and support decision-making.
- Lead initiatives to standardize and streamline financial processes.
- Optimization of existing tools and systems to ensure reliability and productivity of reporting.
- Prepare and/or review Close-Out Documentation, both internally and externally.
- Proactively identify opportunities for continuously improving processes and reports.
The list of tasks is not an exclusive one and duties may be varied from time to time. This job description is subject to regular review.
Requirements:
Technical skills and responsibilities:
- Good knowledge and practice of accounting and financial techniques (IFRS standards and local accounting and tax rules).
- Strong ability to solve complex accounting and challenges, with other finance functions or operational departments.
- Good knowledge of accounting and financial processes for both internal control and procedural efficiency.
Personal attributes:
- Period of work experience of 5+yrs in relevant finance roles e.g. FP&A, financial/cost controlling, reporting.
- Preference to candidates with experience in multinational company with matrix reporting structures and a fast-paced service environment.
- Sector experience in construction, engineering or global multinational or similar, highly preferred.
- CPA or international accounting equivalent or Bachelor of accounting preferred.
- Accuracy and attention to detail with high focus on cost controlling.
- Creative problem solving - able to suggest and develop new methods and ways of working.
- Fast learning candidate with a high financial and business acumen.
- Proven financial analysis skills experience with month end review and in-depth analysis of P&L and B/S.
- Experience with budgeting.
- Prior experience in SAP S4Hana would be an advantage.
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