Senior Project Controller

3 months ago


جدة, Saudi Arabia HITACHI ENERGY L.L.C Full time

**Description**

You as a Senior Project Controller (Open)will be part of Hitachi Energy business based in Dubai, UA. In this role, you will be preparing a project financial execution plan (as part of an overall project execution plan covering all financial, commercial and tax aspects such as permanent establishment, revenue recognition methods, billing plan, payment securities, consortium administration, import duties and VAT, etc.). You are responsible for the correctness of project balance sheet and income statement as well as for cash flow and monthly/quarterly forecast. Prepares project invoices, manages currency risk, tax issues, bonds and guarantees, financial accounting and reporting (including project site accounting), drives and seeks for optimization of project cash flow, revenues and GM contribution together with Project Manager.

**Your responsibilities**:

- Monitoring and reviewing and establishing project governance process. Participating in opportunity/risk identification, ensuring that all required mitigation actions are timely implemented. Co-ordinating and preparing monthly project reviews jointly with the project manager. Reviewing and has joint responsibility with the project manager for all financial aspects of the project including estimate at completion and related cost-to-complete, forecasted revenues and cash flow, risks and opportunities assessment and ensure alignment with other functions including project controls, planning/scheduling.
- Promoting commercial awareness in the project team and providing commercial input to the project execution plan (such as T&Cs in supply management, claims, back-to-back conditions). Drives claim management, back-charges and insurance cases and monitors the proper follow up together with the Contract Manager/Project Manager upstream (towards customer), side-stream (towards consortia partner) as well as downstream (towards suppliers).
- Following up on internal project audit reports and ensures timely implementation of all required actions related to projects under responsibility. Is responsible for adherence to corporate governance, integrity, assurance, internal control, group charter, business specific finance directives and instructions.
- You are responsible jointly with the Tax function for timely filing of financial/tax reports of project branches.
- Living Hitachi Energy’s core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues and the business.

**Your background**
- A bachelor’s degree in finance.
- MBA degree is an added advantage.
- 3 - 5 years proven experience in management position in local and global business environment.
- Proficiency in both spoken & written English language is required.



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