Project Cost Controller
Project Cost Controller
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Job Description
TechnipFMC is committed to driving real change in the energy industry. Our ambition is to build a sustainable future through relentless innovation and global collaboration - and we want you to be part...
TechnipFMC is committed to driving real change in the energy industry. Our ambition is to build a sustainable future through relentless innovation and global collaboration - and we want you to be part of it. You'll be joining a culture that values curiosity, expertise, and ideas as well as equal opportunities, inclusion, and authenticity. Bring your unique energy to our team of more than 21,000 people worldwide, and discover a rewarding, fulfilling, and varied career that you can take in anywhere you want to go.
Job PurposeTechnipFMC is a leading technology provider to the traditional and new energies industry, delivering fully integrated projects, products, and services. We are organised in two business segments -Subsea and Surface - within our Surface business, this role looks after projects based in the North Europe & CIS region.
Job Description- Independently manage all financial aspects of projects with Project Manager - organise monthly review sessions to control project EAC and identify any financial risks or opportunities.
- Perform project analysis and monitoring (includes understanding and keeping track of cost and ETC - analyse, work with stakeholders and explain variances).
- Responsible for Project month end closing and reporting (including Post accruals & unbilled revenues, run settlements, Perform reconciliations, Execute, Extract and Compile project reporting with explanation for variances, Report backlog, Sales and margin analysis, along with explaining Actual vs Forecast variances, etc).
- Manage forecasting of revenue, margin and invoicing for all projects monthly.
- Review and approve new contract inbounds to ensure accurate budgeted margin.
- Create, maintain and close WBS structures in SAP as required.
- Manage the revenue elimination on the project resulting from project execution mechanism.
- Maintain compliance to company financial standards and participate in external and internal / SOX audit testing.
- Provide detailed variance analysis on the balance sheet movements for the Project on all legal entities involved in the execution process.
- Assist the team and the Finance Manager on any ADHOC request during month, quarter and annual close.
- Solid accounting knowledge - particularly revenue & margin recognition over time, invoicing, cash flow and working capital.
- 5-year experience in project controlling.
- Strong SAP and Microsoft Excel skills are essential.
- Team player with good analytical skills.
- Bachelor's in finance or equivalent, plus experience with multinational firms.
- Ability to interpret Financial Standards in business context.
- Experience in SAP mandatory.
- SAP IM/WM
- MS Office (TCE Word, TCE Excel, Sharepoint) - SSE Eng.
- Power BI
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