Project Controller

6 days ago

Riyadh, Saudi Arabia Linxon Full time

Job Description

Job Title: Project Controller

Reporting to: Head of Project Controls. Supports the project manager(s) of the assigned project(s)

Department: Finance & Controls

Location: Riyadh, Saudi Arabia

Purpose of the Job:
Project Controller is responsible for continuous measurement, analysis, forecasting and reporting of project cost, cash and revenues, for monitoring and recording changes as well as for implementation of aligned project specific strategies. The Project Controller is responsible for all the financial aspects of a project.

Key Areas of Responsibility (KARs):

- Developing detailed Projects Cost Structures and coding under the Standard Work Breakdown Structures for various project types
- Supporting tendering teams in all commercial aspects
- Implement and reconcile Project budget and forecast in the ERP.
- Working closely with Project Management and other project stakeholders
- Compiling, monitoring, reporting, and presenting project performance i.e. project cost, P&L, revenue, cash, change orders, and claims
- Computing and informing the Country Controller of accruals to be booked based on physical progress achieved
- Performing variance analysis and developing effective strategies and recovery plans to bring cost in line with budget
- Maintaining a change register and incorporate approved changes in the project budget and forecast and communicate approved changes to the Project Management team
- Identifying trends and quantifying cost variances, collecting and recording trends and reflecting the approved trend impacts in the project forecast
- Leading the preparation of the cost to complete estimate
- Participate in and contribute to risk and opportunities assessments
- Monitor transactions in foreign currencies and prepare quarterly the Hedge Effectiveness test to support the Project Hedging strategies when applicable
- Preparation of customer invoices and follow up cash collection
- Liaising with the client, representing Linxon at a high standard
- Supporting contract management and Project manager on claims and change orders and other contractual obligations, and work with corporate treasury group to meet all bonding requirements
- Ensuring internal controls are in place and effective
- Supporting resource load planning
- Performing and coordinating ad-hoc analysis and support
- Provide the necessary support to the Country controller for the preparation of position papers
- Adhere to all safety, health, and environmental rules and regulations
- Assisting project management to develop and enforce lessons learned within the company
- Contributing to Linxon worldwide development, assisting other regions to build a strong knowledge networking

Position Parameters:
Budget responsibility: no

Typical KPIs
- Quality of work
- On time delivery
- Understanding and satisfaction of information needs of internal and external stakeholders
- Health and Safety & Integrity
- Alignment with company business strategy

Other Position-Specific Characteristics:

- Travel to construction sites (approximately once to twice a month)
- Working in an office/remotely in coordination with the project team
- The scope of work includes projects related to the German and Swiss entities

Experience Required:

- Extensive experience in Project Controlling, especially estimating, project accounting and reporting, and change control
- Experience in budget allocation and establishing Cost Baselines
- Engineering, procurement, and construction management with focus on lumpsum price contract models
- Field and construction work
- Risk management

Competencies/ Skills Required:

- Ability to gather and analyze data, draw conclusions, and make appropriate recommendations
- Quality-focused with strong attention to detail
- Ability to deliver under mínimal direct supervision
- Strong MS Excel skills for analysis and reporting
- Familiar with industry practices
- Develop good working practices and continually strive for improvements in cooperation with other project offices
- Knowledge of Oracle preferred
- Good command on English Language written as well as verbally

**Education**:

- Bachelor’s degree and/or relevant qualification, and relevant job experience of minimum 5 years
- Strong experience in finance, project management, cost management
- Ability to work cross-functionally in a matrix organization

Personal Qualities Required:

- Strong sense of accountability and responsibility
- Self-motivated and proactive
- Quality-focused with strong attention to detail
- Strong and effective communicator
- Team players
- Effective interpersonal skills
- Assertive, decisive, confident
- Resilient and flexible achiever
- Willingness to learn

About Linxon

Shaping energy solutions to empower sustainable connectivity.

We combine SNC-Lavalin’s project management expertise and ABB’s deep technological knowledge to create a company dedicated to substations - we are Linxon.

Linxon’s vision is to deliver the best ma

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