Finance Project Controller / Analyst

at  ALSTOM

Req ID:465055
Leading societies to a low carbon future, Alstom develops and markets mobility solutions that provide the sustainable foundations for the future of transportation. Our product portfolio ranges from high-speed trains, metros, monorail, and trams to integrated systems, customised services, infrastructure, signalling and digital mobility solutions. Joining us means joining a caring, responsible, and innovative company where more than 70,000 people lead the way to greener and smarter mobility, worldwide

KEY ACCOUNTABILITIES:

• Early stage: Newcomers with little experience

WITH THE SUPPORT OF A SENIOR FPM

• Contribute effectively with the project initial set up.
• Liaise with the Finance Tender Manager to understand and implement the global financial strategy set for the project at tender stage (forex and firming strategy, tax guidance, cash profile, etc.), ensuring a smooth transition from Tender to Project.
• Communicate effectively with Project Stakeholders and provide reliable financial analysis to assist in the decision-making (Explain, justify and keep record in detail).
• Prepare jointly with the project team, the project reviews content and reassess each semester the profitability.
• Explain, justify and keep record in detail of the estimates.
• Finance Project Analyst is permanently focused on adding value through:
• Implementing the global financial strategy set at tender stage (with the support of a Senior FPM.
• Challenging financial information throughout project process (consistent “Early Warning” for financial impacts of projects operational performances and risk mitigation).
• Monitoring compliance with all governance and reporting rules & regulations in project.
• Corroborating the permanent compliance of International Financial Reporting Standards (IFRS).
• Understanding the forex and firming strategy considered at tender stage, and ensuring it is implemented at CPR0 and alert management in case of any deviation.
• Understanding the tax guidance provided at tender stage and ensuring it is implemented at CPR0 and alert the Tax & Customs Department in case of any deviations.
• Understanding the Project Organization (PxO) focused on Financial Flows.
• Understanding the contractual terms and conditions and advising about all financial matters in contract, focusing on guiding on competitiveness improvement.
• Supporting Claim Management (jointly with Project Manager & and Contract Manager), focus on finance topics, risks profile (support amendments wording).
• Managing and analyzing costs, revenue and profitability.
• Preparing timely forecasts for sales, costs, margin and cash.
• Transforming data analysis into real insights focusing on profit improvement.
• Permanently looking for liquidity flows and working capital optimization and promote cash culture in the project.
• Ensuring billing process (external or internal) is made on a timely manner.
• Ensuring, managing and monitoring foreign exchange exposures and Contract Price Adjustment (CPA) indexes evolution (help to define indexes to be used).
• Warning on any deviation that may affect the tax structure (Tax guidance) proposed at tender stage.
• Supporting the finance teams in the monthly closing process and reporting Project financials in a suitable manner.
• Supporting requests made of Performance Management Group.
• Challenge eligibility and relevance Capex & R&D analyzing impacts and optimizing how to implement and informing Operations Finance about the amounts considered at tender stage.
• Reconciling project data and General Ledger on regular basis.
• Ensuring project contractual bonds and guarantees are issued on due time and request release “as soon as possible”, avoiding unnecessary expenses.

Manage the controlling and financial reporting of projects in accordance with internal control rules and ensures project accounting is in accordance with Company guidelines and ensure consistency with project teams (Planning, Sourcing, …).
After gathering enough experience (assessed by his Manager), the Finance Project Analyst leads with the support of a Senior FPM, finances for projects rated No Criticality, in order to improve the project overall performance. He provides financial analysis, advices and guidance to support the project team in making the best business decisions for the project. With the support of a Senior FPM he ensures Financial Strategy implementation. The Finance Project Analyst supports PM in risks and opportunities process and sign-off contingencies/committed savings. He is part of the Finance organization.