Project Finance Analyst, Dammam
ABB
Date: 5 days ago
City: Dammam
Contract type: Full time
Take your next career step at ABB with a global team that is energizing the transformation of society and industry to achieve a more productive, sustainable future.
At ABB, we have the clear goal of driving diversity and inclusion across all dimensions: gender, abilities, ethnicity and generations. Together, we are embarking on a journey where each and every one of us, individually and collectively, welcomes and celebrates individual differences.
This position reports to
Reg Contro-Middle East & Africa PAMA Div
Your role and responsibilities
Manage the economy of the projects together with project managers and be a business partner
Manages projects/Sales Orders in SAP, hereunder the project cost- and income budget and the WBS and activity structure
Establish any required financial guarantees and does regular monitoring for expiring guarantees to ensure collection of timeliness.
Establish any required foreign currency contracts (hedging) and initiate swap arrangements when required
Provide forecast information like cash flow plan, revenue recognition plan and cost-to-complete
Monitor and control actual cost and revenues against the budget and forecast
Identify, analyze, report and follow-up any economical deviations related to recognized revenues and gross margin, actual/planned costs, cash flow and overdue receivables.
Ensure timely invoicing according to the contract and timely payment of invoices
Monthly reporting internally and externally
Participate in the project’s risk management process for early identifi-cation of risks and opportunities, and do monthly assessment of the identified risks, contingencies and opportunities
Participate in project review committee (PRC)
Promote commercial awareness in the project/local division team.
Ensure compliance with Accounting & Reporting Policies (A&RP) and applicable internal control procedures
Qualifications For The Role
We look forward to receiving your application (documents submitted in English are appreciated). If you want to discover more about ABB, take another look at our website www.abb.com.
Work model: remote
Work model: hybrid
Work model: on site
94320124
At ABB, we have the clear goal of driving diversity and inclusion across all dimensions: gender, abilities, ethnicity and generations. Together, we are embarking on a journey where each and every one of us, individually and collectively, welcomes and celebrates individual differences.
This position reports to
Reg Contro-Middle East & Africa PAMA Div
Your role and responsibilities
Manage the economy of the projects together with project managers and be a business partner
Manages projects/Sales Orders in SAP, hereunder the project cost- and income budget and the WBS and activity structure
Establish any required financial guarantees and does regular monitoring for expiring guarantees to ensure collection of timeliness.
Establish any required foreign currency contracts (hedging) and initiate swap arrangements when required
Provide forecast information like cash flow plan, revenue recognition plan and cost-to-complete
Monitor and control actual cost and revenues against the budget and forecast
Identify, analyze, report and follow-up any economical deviations related to recognized revenues and gross margin, actual/planned costs, cash flow and overdue receivables.
Ensure timely invoicing according to the contract and timely payment of invoices
Monthly reporting internally and externally
Participate in the project’s risk management process for early identifi-cation of risks and opportunities, and do monthly assessment of the identified risks, contingencies and opportunities
Participate in project review committee (PRC)
Promote commercial awareness in the project/local division team.
Ensure compliance with Accounting & Reporting Policies (A&RP) and applicable internal control procedures
Qualifications For The Role
- Ideally, you'll hold a Bachelor’s degree in Finance / Accounting
- 3 to 5 years’ experience in a similar role
- Efficient and high work capacity to master periodically high work load
- Can work independently, result-oriented and structured
- Initiative and responsible personality with good team work and communication skills
- Flexibility and willingness to take on responsibility
- Strong knowledge of Microsoft office especially Power point and excel
- Experience in SAP
- Fluent in English.
We look forward to receiving your application (documents submitted in English are appreciated). If you want to discover more about ABB, take another look at our website www.abb.com.
Work model: remote
Work model: hybrid
Work model: on site
94320124
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