AddressAbout Company:
It is a heavy industry company that focuses on the large-scale operations, such as the Marine, Energy, Food & Water industries.
Position Title : Business Controller
Location of the position : Pune
Qualification : CA/MBA/ICWA
Purpose of the role :
The position acts as finance partner for E&S, FOS (projects business) and Service Operations. Service operations includes field service and service centres
Responsibilities :
The position is responsible overall performance, financial discipline and management analysis within the area of responsibility
Projects business
Project Controlling, Governance, and Internal Control:
- Collaborate with key stakeholders such as Project Manager, Business Head, Business Controller, Credit Control, Sourcing department and supply chain etc. to drive key project financial performance parameters.
- Conduct comprehensive review of projects and risk assessment, covering assessment of liabilities.
- Prepare monthly workings of project unbilled/unearned and revenue recognition workings following
- Support reporting team in preparation of Engineering and Supply organization financial statements
- Preparation, analysis, and presentation of month end financial performance. Communicate issues
Annual Costing Update and Financial Forecasting:
- Work with Global + Local Business Controllers and delivery team to establish the labor rates and material overhead recovery rate on annual basis. Maintain overhead recovery model.
- Monitor actual and proposed adjustment to rate workings rates if necessary.
- Support Business Controller in forecasting order booking, Net Invoicing, Margin, working capital Collaboration with Service Managers on monitoring and improving performance Cost monitoring
- Preparation of CBA for major investments Aligning inventory, capex policies to new structural changes.
