Finance Project Analyst at Alstom

Description

• Take on a new challenge and apply your financial expertise in a cutting-edge field. You’ll work alongside collaborative and forward-thinking teammates.
• You'll play a key role in managing the controlling and financial reporting of projects, ensuring alignment with Alstom’s internal control rules while supporting the project team in making informed business decisions. Day-to-day, you’ll work closely with teams across the business (Project Managers, Planning, Sourcing, and more), provide financial insights, and ensure compliance with financial strategies and processes, among other responsibilities.
• After gathering enough experience (assessed by the Manager), the Finance Project Analyst:
• Leads, with the support of a FPM, finances for projects rated No Criticality, in order to improve the project overall performance.
• Provides financial analysis, advice and guidance to support the project team in making the best business decisions for the project.
• With the support of a FPM, he/she ensures Financial Strategy implementation.
• The Finance Project Analyst supports the Finance Project Manager in the risks and opportunities process and sign-off of contingencies/committed savings.

Main activities:

• The Finance Project Analyst is permanently focused on adding value through:
• Participating and influencing negotiations (Price review, financial T&C, VO´s, Claims, etc.)
• Permanently looking for liquidity flows and working capital optimization and promote cash culture in the project
• Challenging financial information throughout project process (consistent “Early Warning” for financial impacts of projects operational performance and risk mitigation)
• Monitoring compliance with all governance and reporting rules & regulations in project
• Corroborating the permanent compliance with International Financial Reporting Standards (IFRS)
• If Lead Unit, the FPA needs to gather information on FX exposures (amounts, currencies, payment dates…) on the whole project and coordinate with the FPMs PU / SSCs / WPCs to make sure all project exposures are identified, and hedges are in place in each Unit and followed-up
• Ensuring, managing and monitoring foreign exchange exposures and Contract Price Adjustment (CPA) indexes evolution (help to define indexes to be used)
• Understanding the Project Organization (PxO) focused on Financial Flows
• Warning on any deviation that may affect the tax structure (Tax guidance) implemented
• Understanding the contractual terms and conditions and advising about all financial matters in contract, focusing on guiding on competitiveness improvement
• Supporting Claim Management (jointly with Project Manager and Contract Manager), focus on finance topics, risks profile (support amendments wording)
• Managing and analyzing costs, revenue and profitability
• Preparing timely forecasts for sales, costs, margin and cash
• Transforming data analysis into real insights focusing on profit improvement
• Ensuring billing process (external or internal) is made on a timely manner
• Supporting the finance teams in the monthly closing process and reporting Project financials in a suitable manner
• Supporting requests made by Group Performance Management
• Challenge eligibility and relevance of Capex & R&D analyzing impacts, optimizing implementation and informing Operations Finance about the amounts considered at tender stage
• Ensuring project contractual bonds and guarantees are issued in due time and request release and avoiding unnecessary expenses

Measurement / Key Performance Indicators:

• Achievement of financial targets of the project (i.e.: project margin compliance, project cash flow in line with targets, KPI fulfilment, etc.)
• Compliance with ALSTOM rules & processes.
• Timely and accurate Monthly Project Reviews & Financial Project Reviews

MAIN REQUIRED COMPETENCES:

• Finance Degree
• Excellent knowledge in MS Excel
• Experience in SAP preferred.
• Excellent oral and written communication skills in English
• Working in teams