Bangalore, Karnataka, India
16 hours ago
Project Finance Analyst - Denmark

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, we’ll give you what you need to make it happen. It won’t always be easy, growing takes grit. But at ABB, you’ll 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, India. In 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 project's 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 project’s performanceFollow up on some projects with Project Manager / Project Finance Controller  (7-10 projects, total value 20 MUSD, biggest 12 MUSD)PR+ preparation and uploadWorking meetings with Project Manager before Project ReviewMaintain upload template and minutes of meetingPO review including GR/IR check and BaswareResponsible for invoice on RRB (Reimbursable) based on approved costSupport in Bank GuarantiesHandling 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-completeMonitor 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 testingProvision for project licensesParticipate in dunningParticipate in the project’s risk management process for early identification of risks and opportunities, and do monthly assessment of the identified risks, contingencies and opportunitiesEnsure compliance with Accounting & Reporting Policies and applicable internal control procedures             

                                          

Requirements:

Bachelor’s in commerce / accounting / business administration / CMA / CWA / CAUpto 4 years of experience in Project Controlling / Financial Planning & Analysis/ project handling / settlementFluency in EnglishStructured and analytic approachABB PFA education (added advantage)Timely focus and follow the financial time scheduleProactive and responsible personality with good team work and excellent communication skillsFlexibility and willingness to take on responsibilityEfficient and high work capacity to master periodically high work loadCapability to work independently to high degree and also result-oriented and structuredExperience in use of SAP and relevant Microsoft programs


 


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