Project Finance Analyst - Denmark

This job is with ABB, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

At ABB, we help industries outrun - leaner and cleaner. Here, progress is an expectation - for you, your team, and the world. As a global market leader, we’ll give you what you need to make it happen. It won’t always be easy, growing takes grit. But at ABB, you’ll never run alone. Run what runs the world.

This Position reports to :

Global Project Finance Manager

You will be working as Project Finance Analyst and will be part of Process Automation Business Area for Energy Industries Division based in Bangalore, India. In this role you will be reporting to the Global Project Finance Manager and will be responsible for supporting the Project Manager or Project Finance Controller in the country assigned in all financial and commercial matters related to the project and actively drive their respective project's performance. Additionally, this role includes business trips to Denmark for on-the-job training.

Tasks :

Support project manager / project finance controller in all financial and commercial matters and actively drive the project’s performance

Follow up on some projects with Project Manager / Project Finance Controller

(7-10 projects, total value 20 MUSD, biggest 12 MUSD)

PR+ preparation and upload

Working meetings with Project Manager before Project Review

Maintain upload template and minutes of meeting

PO review including GR / IR check and Basware

Responsible for invoice on RRB (Reimbursable) based on approved cost

Support in Bank Guaranties

Handling of externals / OPC that is posted on project (PO, Timesheets, tax, accommodation, permits, travel, GR, etc)

Provide forecast information like revenue recognition plan and cost-to-complete

Monitor and control actual cost and revenues against the forecast & project budget (As-sold)

Identify, analyze, report and follow-up any economic deviations related to recognized revenues and gross margin, actual / planned costs and over dues.

Creation of internal orders / projects (warranty, work due etc)

Support with documentation for audits and managements testing

Provision for project licenses

Participate in dunning

Participate in the project’s risk management process for early identification of risks and opportunities, and do monthly assessment of the identified risks, contingencies and opportunities

Ensure compliance with Accounting & Reporting Policies and applicable internal control procedures

Requirements :

Bachelor’s in commerce / accounting / business administration / CMA / CWA / CA

Upto 4 years of experience in Project Controlling / Financial Planning & Analysis / project handling / settlement

Fluency in English

Structured and analytic approach

ABB PFA education (added advantage)

Timely focus and follow the financial time schedule

Proactive and responsible personality with good team work and excellent communication skills

Flexibility and willingness to take on responsibility

Efficient and high work capacity to master periodically high work load

Capability to work independently to high degree and also result-oriented and structured

Experience in use of SAP and relevant Microsoft programs

We value people from different backgrounds. Could this be your story? Apply today or visit www.abb.com to read more about us and learn about the impact of our solutions across the globe.

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