Project Controller

Designation : Project / Finance Controller

Qualification: CA/CFA/CMA/ICWA

Location: Ahmedabad

Apply on : https://bwwater-makingwaves.careers.hibob.com/jobs/b4022f02-099e-46a0-a96f-efb8eee4f7b1

About Company : At BW Water, we are committed to being a leading provider of cost-effective and reliable water treatment systems. We recognise that our talented and dedicated team is the key to our success.

We are passionate about enhancing water quality to support both human development and environmental sustainability. To achieve this, we are always seeking motivated individuals who share our enthusiasm for innovation and excellence in water treatment.

1. Project Monitoring & Operational Controlling

• Financial Reporting: Ensure reporting consistency across operations, fabrication, sourcing, and participating entities for Financial Project Review validation.
• Cash Flow Management: Monitor and report the cash flow of the contract and manage foreign exchange exposures.
• Site Forecasting: Build site forecasts based on the individual project projections.
• Revenue & Margin Protection: Provide early warnings for probable Gross Margin variations and ensure robust   documentation for Non-Agreed Variation Orders.

2. Financial Strategy & Business Partnership

• Strategic Partnership: Act as a strategic business partner to support the project team in managing contracts with   support functions, banks, and financial institutions.
• Cash Optimization: Optimize "cash-in" and "cash-out" by analyzing contract billing milestones and   identifying optimal interpretation options with the Contract Manager.
• Negotiation Support: Contribute to the negotiation of variation orders, including internal costing and customer pricing.
• Performance Analysis: Perform analysis on actuals, targets, and forecasts to ensure achievement of project   objectives and propose action plans to improve financial positions.

3. Treasury & Governance

• Bonds & Guarantees: Manage performance bonds and guarantees in coordination with the Treasury Team.
• Risk & Opportunity Reporting: Properly report risks, savings, and opportunities within project financials.
• Rule Guardianship: Ensure project reviews are held in accordance with procedures to maintain consistency and compliance.

4. Implementation of Global Standards

• Standard Development: Implement and further develop global standards for project controlling within the region to facilitate transparency and accountability.
• Operational Integration: Foster close relationships between local operations and project controlling teams from tender to project closure

KPI: Cost Control & Budget Management: Effectiveness in identifying risks, savings, and opportunities to optimize project costs.

• Cash Management: Efficiency in managing project cash flow and optimizing billing milestones.
• Compliance Rate: Adherence to project review procedures and global project controlling standards.
• Forecast Accuracy: Reliability of site forecasts and early warning systems for Gross Margin variations.
• Reporting Timeliness: Delivery of accurate financial information for Financial Project Review validation.
• Chartered Accountant (CA) / ICWA / CFA / CMA
• Bachelor's degree in Business Administration, Finance, or Accounting.
• Minimum of 5+ years of progressive project controlling experience in the EPC market.
• Hands-on experience with daily finance activities such as cost controlling, budgeting, forecasting, and reporting.
• Proven background in managing financial risks and ensuring regulatory compliance.
• Proficiency in financial software, ERP systems, and financial reporting tools.
• Technical Excellence: Strong analytical and strategic thinking skills with the ability to influence senior leadership.
• Communication: Excellent communication skills with the ability to convey financial concepts to non-financial stakeholders such as the Project Manager.
• Matrix Organization: Demonstrated ability to work effectively in a matrix organization, reporting to both Finance Manager and the PM.
• Statutory Knowledge: Strong understanding of Indian accounting standards, GST for works contracts, and cross-border tax considerations.
• Mobility: Willingness and ability to travel from the Ahmedabad base to the Dholera site twice per week.