Finance Analyst \/ Professional 1

Description:

The Project Analyst will be responsible for:

Ensure clean and accurate record keeping of the financial statements of the project in adherence to Company’s policies and FRG’s.

Prepare accurate Forecast of P&L and Free Cash Flow on a yearly and monthly basis analyzing and keeping record of FC assumptions to be able to explain deviations and driving the project team to make sure we attain forecast goals.

Become a trusted partner for the Project Team by Collaborating, Leading and Educating team members from other areas on all financial and compliance topics.

Supports the Project Manager in identifying, reporting, avoiding or mitigating non-conformance costs; supports the implementation of lessons learned into own project and the organization in general.

Lead Risk & Opportunities identification and reporting process for the project. Manage the risks, contracts and claims, ensuring compliance with LoA guidelines for commercial aspects.

Ensures efficient communication with all relevant internal and external stakeholders such as BU and Segment Management team, HR, Quality Management, EHS, customers, suppliers, consortium partners Partner with our Procurement on negotiations with vendors and leading/supporting the claim management process

Actively participates in change order negotiations with Customer taking the lead from the commercial perspective and ensuring price calculations and proposals are beneficial to Siemens.

Education:

BS/BA in Accounting/Finance/Economics (or related discipline) or advanced degree

Knowledge and Experience:

Knowledge of Accounting principles in alignment with FRGs.

Experience in Financial Planning and Controlling.

Demonstrated success managing projects

Ability to read and interpret contracts

Knowledge of SAP

Strong understanding of POC accounting and project controlling requirements (accurate bookkeeping, risk and opportunity mgmt., currency mgmt.)

Experience in contract negotiations (customer change orders and claims as well as negotiations with vendors)

Driven personality with the ability to generate positive change

Entrepreneurial mindset with the ability to find opportunities to improve margin through Change Orders and continuous improvement initiatives