Role : R&D Project Controller
Reporting to : CFO
Preferred Qualifications :
- (Postgraduate with experience) , MBA (Finance), CA, ICWA.
- Familiarity with project management and financial software.
- 8-10 Years of Experience in a R&D controlling or Project controlling within the construction, manufacturing or engineering industry (Mainly in Projects)
Location : Bangalore (Hybrid)
Role Overview : The R&D Controller is responsible for overseeing the financial and commercial performance of R&D projects. This role involves managing budgets, forecasts, reporting, and financial reporting to ensure alignment with strategic objectives.
Key Responsibilities
Strategy and Planning :
Contribute to the development of R&D strategies and follow up on KPIs related to quality, delivery, and cost.Ensure systematic analysis of project progress and completion.Financial Management :
Responsible for the R&D budget and financial performance.Create, analyze, and value the budget framework.Optimize project cash flow and manage currency risk, tax issues, and project financing requirements.Capitalization of projectLicense fee calculationHourly rate calculationCreation of Project & Closure of projectsOwnership of Complete financials for MACH.Project Execution :
Prepare the Business Financial Execution Plan consistent with internal, contractual, and regulatory objectives.Promote commercial awareness within the R&D team and provide commercial input to project execution plans.Monitor claims and back-charges, coordinate regular project reviews, and identify risks with mitigation actions.Collaboration : Working closely with various stakeholders, including product management, engineering, and operations teams. follow up for time writing and approval.Leadership and Communication :
Support the R&D management team in budget-related issues and communicate budget directives.Supervise project accountants, cost engineers, and field administrators as needed.Compliance and Governance :
Implement internal control processes to avoid misstatement in financial statements.Ensure corporate governance, compliance, assurance, and internal control.Contacts :
External : Customers, external auditors etc.Internal : Project managers, Engineers, project team, Peers, Accounting and Reporting, Finance and Tax, Legal and Compliance, Risk Management, Internal Audit, Marketing & Sales.Required Qualifications :
Proven experience as an R&D project controllerProficiency in SAP S / 4HANA, FICO, SD-PS, MS Office, Very strong excel skills.Automation and process improvement mindsetStrong numerical and analytical skills.Excellent attention to detail and organizational skills.Service mindsetGood communication and negotiation skills.Detail-oriented team player with the ability to adhere to strict deadlines.Skills :
Project Management Expertise : Strong project management skills and experience.Financial Acumen : Understanding of financial concepts and budget management.Communication Skills : Ability to communicate effectively with stakeholders and teams.Analytical Skills : Ability to analyze project data and identify potential issues.Technical Understanding : Familiarity with the technical aspects of the projects being managed.