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Director Project Accounting and Controlling
3 weeks ago
Job Description
Responsible for the Americas Region. Managing all financial elements of large projects to ensure they achieve their financial objectives. This role demands a strategic and analytical mindset, coupled with strong leadership skills to manage financial performance, ensure accurate financial reporting, and uphold robust internal controls. The ideal candidate will have extensive experience in profit and loss management, revenue costs, margins, cash flow, forecasting, and managing commercial contracts.
Key Responsibilities
Profit and Loss Management:
- Oversee the financial performance of all projects, ensuring profitability and financial health.
- Analyze and report on profit and loss statements, providing insights and recommendations to senior management.
Revenue Costs and Margins:
- Manage and control project costs, ensuring accurate allocation and forecasting.
- Monitor and analyze margins, implementing strategies to optimize profitability.
Cash Flow Management:
- Monitor project cash flow, ensuring sufficient liquidity to meet operational needs.
- Develop and implement cash flow forecasting models and strategies.
Financial Reporting and Forecasting:
- Prepare and present accurate financial reports and forecasts to senior management and stakeholders.
- Ensure compliance with all relevant accounting standards and regulations.
- Develop and maintain financial models to support project forecasting and decision-making.
Internal Controls:
- Implement and maintain robust internal controls to safeguard company assets and ensure financial accuracy.
- Conduct regular audits and assessments to identify and mitigate financial risks.
Commercial Contracts Oversight:
- Review and manage commercial contracts, ensuring compliance with financial terms and conditions.
- Negotiate and liaise with clients, vendors, and other stakeholders on financial aspects of contracts.
Leadership and Team Management:
- Lead and mentor the project accounting and controlling team, fostering a culture of excellence and continuous improvement.
- Collaborate with cross-functional teams to support overall business objectives.
Qualifications:
- 10-12 years of increasing responsibility for financially managing large projects, preferably in the energy sector, including scopes of engineering, procurement and construction
- Minimum 5 years managing teams
- Educational Background: A bachelor’s degree in finance, accounting, or a related field. An advanced degree like an MBA may be preferred.
- Financial management experience specifically in the infrastructure and construction sectors. Experience in a leadership role is crucial.
- Technical Skills: Proficiency in financial software, understanding of revenue recognition principles, and experience with financial reporting and forecasting.
- Management Skills: Demonstrated ability to lead and develop a team, manage large-scale financial projects, and work collaboratively with various stakeholders.
- Communication: Strong communication skills for transparent interaction with executive management, internal teams, and external parties like customers and suppliers.
- Knowledge of Controls: In-depth knowledge of internal controls, accounting standards, and tax regulations.
- Contract Expertise: Ability to understand and execute contracts according to commercial terms and conditions.
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