Finance Project Controller

*This is a hybrid remote opportunity. The ideal candidate will be required to report to the office three days per week and must be located in the greater Houston area.


Position Overview
The Project
Controller is responsible for commercial aspects of projects, ensuring project
profitability in during project execution phase, by continuously monitoring and
reporting financial status of customer contracts, identifying risks and
opportunities and anticipating requirements for additional change orders, time
extensions and similar matters that may affect planned results. In this role,
the successful candidate will be tasked with monitoring, reporting and offering
suggestions for improving the overall financial health of their responsible
projects. Candidates should be able to analyze key figures and interpret
contract language as well as maintain strong relations with operations
counterparts to ensure consistency and accuracy in monthly financial reporting
and forecasting. Candidates will be required to use and comprehend POC
Revenue Recognition. Due to the fast-paced nature of the work, the candidate
must be able to handle multiple projects at once with minimal supervision,
while maintaining a high level of attention to detail.




In addition to project
controlling, team members will also be responsible for completing several monthly
reports including but not limited to financial forecasts and variance analyses,
labor review and statistics, customer billing & journal entry transfers,
annual budgeting and planning support as well as Ad Hoc management requests. We
also provide decision support and conduct financial reviews of a wide range of
business issues including Risk and Opportunity identification, escalation and
billing and Non-Conformance reporting. In this role, the candidate will work
with cross functional teams and will be expected to work well in a team oriented
professional environment. Analysts will gain valuable experiences in this
position, which offers significant responsibility and interaction with senior
management. We seek a well-rounded individual with excellent data analysis
skills who will be a key contributor and is looking for an opportunity to grow
their career within Siemens.


This position will be part of the
finance team for the Measurement and Intelligence, GCI Sub- Segment located in Houston, TX

Key Responsibilities include:
Monthly revenue and GM forecasting on assigned
projects
Monthly review and analysis of Budget vs. EACs
per Project.
Support Project Managers to ensure Project
Quality based on PM @Siemens Guidelines and achievement of project goals
(Revenue, Margin, SG&A, etc.). Ensure quality on all commercial and
administrational project quality policies as per PM @ Siemens and Siemens
guidelines.
Forecasting of project revenue based on the type
of project and project schedule
Entering sales orders and projects into SAP
Managing project logistics, domestic and
international (creating transport documentation, customer duties, export
licenses and Export compliance documentation)
Cash flow analysis
Customer billing and collection
Coordinating other contractual requirements (e.g.,
performance guarantees, insurance, taxes)
Creates Monthly Reporting package for PM and /
or management
Supports financial closings as well as financial
reporting as required
Ensures compliance with Siemens FRG and local
GAAP requirements
Ability to work a large number of midsize
projects and prioritize.
Ability to interpret and execute contract
(customer and supplier) terms and conditions.

In addition to the above, recommends
policies and practices related to contractual elements of proposals. Ensures
that contracts are in accordance with legal requirements, customer
specifications and government regulations. Completes project cost calculations
and status reports in cooperation with Project Team. Performs Project Review
process. Continuously monitors and reports financial status of customer
contracts. Identifies complex issues and anticipates requirements for
additional change orders, time extensions, and similar matters that may affect
plan results.

Required Knowledge/Skills, Education, and Experience
BS/BA in Accounting or finance required
Proficient in Accounting policies and PM
guidelines.
Advance Excel Skills required (V-lookups, Pivot
tables, Sum if Formulas)
SAP FI/CO, PS and SO or an equivalent ERP
system, experience required.
5+ years of progressive experience required, 8+ years preferred in Financial
Planning & Analysis or Cost Accounting/Budgeting and project controlling
Where permitted by applicable law, Siemens may require employees to be fully vaccinated against COVID-19 based on job requirements, and in accordance with an accommodation based on legally protected reasons.

Preferred Knowledge/Skills, Education, and Experience
CPA / MBA is a plus
Additional certifications such as Siemens CPM
Certification or PMP Certification will be required to be obtained within the
first 12 months
Tableau and Dashboards experience is a plus
Be able to provide general guidance or train
support and/or professional staff.
Must have the ability to read and interpret
contract language to ensure proper financial treatment
Ability to partner with technical counterparts
to drive decisions in a fast-moving environment
Strong attention to detail and ability to
convert large volumes of data into actionable information
Strategic thinking, creative problem solving,
and financial modeling skills
Deep appreciation for sound finance processes
and ability to identify, develop, and drive operational improvements
Excellent organizational skills, ability to
multi-task and address competing priorities
Excellent written and verbal communication
skills



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Organization:
Digital Industries

Company:
Siemens Industry, Inc.

Experience Level:
Experienced Professional

Full / Part time:
Full-time



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