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, analyse, and value the budget framework.
- Optimize project cash flow and manage currency risk, tax issues, and project financing requirements.
- Capitalization of project,
- License fee calculation
- Hourly rate calculation
- Creation of Project & Closure of projects
- Ownership 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.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)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 analyse project data and identify potential issues.Technical Understanding : Familiarity with the technical aspects of the projects being managedNote : Individual Contributor role
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Skills Required
Analytical Skills, Project Management, Financial Acumen, Ms Office