Finance Project Manager - Saint-Bruno-de-Montarville, Canada - ALSTOM

ALSTOM

Verified Company

Saint-Bruno-de-Montarville, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Co-pilot to the project manager to ensure focus on the achievement of the financial goals of the project rolling stock projects.

Provides all required financial information about the project.

Control the monthly sales & margin realization, monitor & support the Estimated At Completion change process, ensure that Alstom accounting guidelines are respected.

Single point of contact for all financial issues relating to the specific project portfolio controlled. Close monitoring of the project deliverables. Early assessment and measuring of financial impact of risks and opportunities with regular follow ups on action plans. Proactively follow and challenge the project cash flow & gross margins.

KEY RESPONSIBILITIES:

Project calculations

Ensure that project calculations reflect current status of project.
Input and updating of project calculation in Financials system.
Working out and updating Budget and Forecast figures of the project
Review and Analysis of Estimatedatcompletion calculation of the project for Budget, Forecast and Actual
Review and Analysis of variances between Budget, Forecast and Actual figures and comment on them in monthly Reporting especially Sales POC, Margin and Free Cash flow, Risk &Opportunities and Contingencies
Review and Analysis of contract related Balance sheet items with the target of minimization of Net Utilized Assets (Inventory level, Advance Payments, Accounts Receivables, etc)

Project reporting

Make financial situation transparent to the Core Team
Prepare and present current status and alternative scenarios. Track project related savings activities
Lead Core Team members in meeting or improving their targets
Challenge the project teams to assure a successful project execution.
Prepare and update monthly reports and presentation in project review meetings
Contribute in Risk & Opportunities discussion and following up on action plans

Accounting Specific responsibilities

Responsible customer invoicing, VAT, Receivables and payment control
Cash-Flow Management
Hedging activities in cooperation with Treasury
Control of Warranty Provisions to the end of the project
Require and control securities by the customer (letter of credit, bank guarantees)
Coordinate commercial affairs of internal partners, i.e. check of intercompany Sales and Purchases (interco matching)
Provide input parameters for Bid Approval Process and support Blue Book tender activities for variation orders
Plan personnel in cooperation with Core Team and HR Business Partner, considering project target costs
Control of cost and direct hours
Control of man/hour writing
Procurement / Engineering: Quantify impact of change orders (profitability calculation), assess impact on the different cost items in the calculation, (i.e. Bill of material and Engineering hours)
Maintain an appropriate level of contingencies

Specific responsibilities to other Project Core Team members

Keep Project Manager continuously updated on financial situation of project and upcoming risks & opportunities
Support Risk & Opportunities Manager & Project Manager by quantifying/assessing projectrelated exposures/opportunities on an ongoing basis and follow up on the action plans
Build and maintain successful cross functional relationships
Support Project Manager and/or Claim Manager in commercial negotiations and preparation of claims

REQUIRED PROFILE:

Bachelor's degree in Finance/Accounting
Professional Accounting title considered a strong asset
Minimum of 7 years of experience in a similar role; preference in a manufacturing industry, financial controlling
Experience in financial planning and analysis, performance measurement, risks assessment, internal controls and project accounting
English fluent, French an asset
Knowledge of SAP, Office suite and Excel Power BI

Alstom is the leading company in the mobility sector, solving the most interesting challenges for tomorrow's mobility.

That's why we value inquisitive and innovative people who are passionate about working together to reinvent mobility, making it smarter and more sustainable.

Day after day, we are building an agile, inclusive and responsible culture, where a diverse group of people are offered opportunities to learn, grow and advance in their careers, with options across functions and geographic locations.

Are you ready to join a truly international community of great people on a challenging journey with a tangible impact and purpose?

Equal opportunity statement:

Alstom is an equal opportunity employer committed to creating an inclusive working environment where all our employees are encouraged to reach their full potential, and individual differences are valued and respected.

All qualified applicants are considered for employment without regard to race, colour, religion, gender, sexual orientation, gender identity, age, national origin, disability status, or any other characteristic protected