Financial Controller
Alstom
Total years of experience :8 years, 6 Months
• Manage the controlling and financial reporting of project in accordance with internal control rules.
• Ensure project accounting is in accordance with Company guidelines; liaise with Region Head of Project Control for revenue recognition.
• Organise the project reviews from start to the end of the project.
• Analyse the execution performance and propose action plans to improve contract margin and cash profile as well as corrective action plans to mitigate identified risks.
• Support the Project Manager and other project functions as a finance partner (coordinate with project team the project review contents).
• Coordinate with the project team to ensure consistent accounting (margin and revenue milestone recognition) and reporting across the project.
• Have at all times knowledge of financial movements and ensure that such information is consistent and reconciled on a regular basis in the ERP systems on both onshore and offshore scope.
• Work closely with HR and tax experts in order to ensure that allocated project staff on-shore related issues are managed in accordance with local laws and regulations.
• Prepare minutes of meeting and communicate the findings to the subsystems in the project.
• Coordinate with various internal/external stakeholders to review completed activities and gather all relevant documents needed to invoice the Client on a monthly basis.
• Follow-up submission process, approval by the Client and solve potential discrepancies.
• Develop reports as requested by internal and approved external staff/ customers.
• Work with Operations personnel to optimize invoicing, particularly on the completion
and submission for delayed activities.
• Maintain up-to-date invoicing forecasts, and provide cash flow analysis as requested
by the management
Prepare asset, liability, and capital account entries by compiling and analyzing account information.
Document financial transactions by entering account information.
Recommend financial actions by analyzing accounting options.
Summarize current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports.
Substantiate financial transactions by auditing documents.
Maintain accounting controls by preparing and recommending policies and procedures.
Reconcile financial discrepancies by collecting and analyzing account information.
Finance involves evaluating profitability and valuing real investments such as capital projects, as well as financial securities such as stocks, bonds, options and futures. In addition to the study of sources of capital and financing decisions of the firm and individual investors, the Finance major also studies the management of financial institutions such as banks and trust companies. The tools of Finance are used by small and large firms, government and individual investors. Instruction in Finance provides valuable information regarding financing and evaluating investment opportunities to students planning to enter into business for themselves. Government and firms employ Finance majors as financial analysts as well as in general management positions. In addition, the financial services industry is one of the fastest growing industries in Canada.
