Financial Analyst 3

Job Description

If you are aspiring to be a Finance Project Cost controller for a business that implements global projects and is growing rapidly, we have a role for you! If you like to work closely with project managers and other stakeholders to track actual costs, compare them to the planned budget, and implement corrective actions whenever necessary and can manage internal & external partners well with effective communication skills, we have a role for you!In this role, your responsibilities will be:Project Setup Review:- Review Sales handover file- Validate customer Purchase Order along with T&C against Emerson Proposal, Identify gaps if any and report to relevant stakeholders.- Review proposal checklist and clear for Sign-off- Responsible for Management Fund Approval for approved changes on projects.- Prepare the Project Information Report for order entry into business systems and validated order once booked in business system (Oracle)- Consolidate and maintain a central repository of project data obtained from Project Managers and Suppliers.Financial Monitoring:- Review Invoice Schedule for projects and ensure all invoices are raised on time- Perform revenue recognition exercises in the system.- Monitor project(s) financial health (GP tracking, negative ETC) and report to relevant stakeholders.- Perform reconciliations between PA & GL for control accounts to resolve discrepancies.- Responsible for monthly, quarterly, and annual actual financial closing and conduct month-end checks (EAC movements, Loss Accruals, Cost Corrections).- Conduct POR Vs Actual Analysis and reporting.- Lead the monthly reporting process, ensuring timely and accurate reporting of financial information to internal and external customers.- Prepare records required to ensure correct revenue recognition and project accounting.- Prepare standard reports for the Front Office.- Identify efficiency and operational improvements to provide better financial information and reporting to operational managers.- Provide support for audit requests.- Perform reconciliations between PA & GL and resolve discrepancies.- Pre & Post Analysis of Project EAC and circulation of financial impact learnings out of it.- Unbilled Revenue (UBR) & Unearned Revenue (UER) analysis & reconciliation.- Passing Manual Journal entries for Project provisions (Negative ETC)Change Management:- Update project change log- Assist project manager in preparing Change Requests- Acknowledge Change Order amendment requests and update project financials.Reporting:- Projects Internal performance Reporting- Customer Performance ReportingProject Closure:- Ensure administrative activities are completed after project completion- Project Closure, Seller Contract ClosureWho You Are:You quickly and decisively act in constantly evolving, unexpected situations. You adjust communication content and style to meet the needs of diverse partners. You always keep the end in sight; puts in extra effort to meet deadlines. You analyze multiple and diverse sources of information to define problems accurately before moving to solutions. You observe situational and group dynamics and select the best-fit approach.For this role, you will need:- Able to take accountability and owning accounting quality for financial reporting purposes.- Working knowledge in Oracle with skills in adopting new technologies or applications- Hands-on experience in ERP, MS Office, and reporting tools.- Proficiency in MS Excel Power BI & related presentation tools.- Self-starter, suggesting and implementing improvements to the processes- Ability to work in a matrix organization with complex processes, systems and tools- Strong numerical, analytical skills with accuracy along with communication skills- Ability to handle large volumes of data and create dynamic management reports- Great teammate who builds and maintains positive relationships with Team members- Able to manage and schedule multiple priorities and meet deadlinesPreferred Qualifications that Set You Apart:- Chartered accountant Intern/ MBA finance with at least 4 to 6 years of experience in Project accounting.- MNC experience preferred.Our Culture & Commitment to You:At Emerson, we prioritize a workplace where every employee is valued, respected, and empowered to grow. We foster an environment that encourages innovation, collaboration, and diverse perspectives because we know that great ideas come from great teams. Our commitment to ongoing career development and growing an inclusive culture ensures you have the support to thrive. Whether through mentorship, training, or leadership opportunities, we invest in your success so you can make a lasting impact. We believe diverse teams, working together are key to driving growth and delivering business results.We recognize the importance of employee wellbeing. We prioritize providing competitive benefits plans, a variety of medical insurance plans, Employee Assistance Program, employee resource groups, recognition, and much more. Our culture offers flexible time off plans, including paid parental leave (maternal and paternal), vacation and holiday leave.WHY EMERSON:Our Commitment to Our People:At Emerson, we are motivated by a spirit of collaboration that helps our diverse, multicultural teams across the world drive innovation that makes the world healthier, safer, smarter, and more sustainable. And we want you to join us in our bold aspiration.We have built an engaged community of inquisitive, dedicated people who thrive knowing they are welcomed, trusted, celebrated, and empowered to solve the worlds most complex problems for our customers, our communities, and the planet. Youll contribute to this vital work while further developing your skills through our award-winning employee development programs. We are a proud corporate citizen in every city where we operate and are committed to our people, our communities, and the world at large. We take this responsibility seriously and strive to make a positive impact through every endeavor.At Emerson, youll see firsthand that our people are at the center of everything we do. So, lets go. Lets think differently. Learn, collaborate, and grow. Seek opportunity. Push boundaries. Be empowered to make things better. Speed up to break through. Lets go, together.Accessibility Assistance or Accommodation:If you have a disability and are having difficulty accessing or using this website to apply for a position, please contact: hidden_email.ABOUT EMERSON:Emerson is a global leader in automation technology and software. Through our deep domain expertise and legacy of flawless execution, Emerson helps customers in critical industries like life sciences, energy, power and renewables, chemical and advanced factory automation operate more sustainably while improving productivity, energy security, and reliability.With global operations and a comprehensive portfolio of software and technology, we are helping companies implement digital transformation to measurably improve their operations, conserve valuable resources, and enhance their safety.We offer equitable opportunities, celebrate diversity, and embrace challenges with confidence that, together, we can make an impact across a broad spectrum of countries and industries. Whether youre an established professional looking for a career change, an undergraduate student exploring possibilities, or a recent graduate with an advanced degree, youll find your chance to make a difference with Emerson. Join our team lets go!No calls or agencies please.,

Keyskills :
Financial MonitoringFinancial ReportingChange ManagementOracleMS OfficeMS ExcelPower BIERPFinancial AnalysisAccountingCommunication SkillsAnalytical SkillsTeamwork