Services: Finance Business Partner at Schneider Electric

Purpose of the role:

• To track/monitor & report financial performance of Services and support the business in achieving its goals at a Cluster level.

Objective:

• You will be supporting Tender & Execution teams to monitor and challenge service project performance (P&L, Cash Curve, CCO GM evolution, etc)
• Ensure governance around project controlling are in place (REL, risk/ opportunity analysis/review, solution database, Process Guidelines, IFRS).
• Advise the Finance & Control Leader and/or Delivery Leader, on main areas of attention regarding the execution of projects (risks / loss / opportunities).
• Be part of Services Project controller community

Your Role – Magic happens when you bring great people together!

• During services Execution, you will support and challenge Services Manager in all relevant aspects with close focus/follow up on the finance activities (Revenue recognition, Margin, Cash, Tax, …) to improve project financial performance.
• Creates and maintains accurate and thorough financial reporting of forecasts and actual results by project and service contract. Provides relevant (timely & accurate) variance analysis.
• Liaise with Corporate, Finance & Control functions to help in the follow up of financial performance of service execution: Legal, Tax, Treasury, Solution Risk Managers, Contract Managers, Contract administrators, and Finance Business analysts. Manages the Cadence: Planning, Budgeting, Forecasting and Reporting processes for projects/service activity. Support Project Managers and Delivery Director in identification, analysis, trending of deviations in actual performance to budget/forecast, recommend & take part in corrective actions.
• Supports invoicing and cash collections on projects. Participates in weekly cash calls or unbilled calls, supports in resolution of disputed items in coordination with Delivery Project managers.
• Establish standards & templates financial system for Delivery function to enable systematic & consistent data collection, and generation of analysis reports.
• Support month-end reporting in terms of POC method, utilization, factory loading, ad hoc reporting and CQA support. Ensure project compliance with systems policies and procedures (like GDO procedure, DOA) as well as application of business and system processes (SAP).
• Take active part of Services Controller community sharing lessons learned and best practices.

Qualifications

About You

• University and/or Business School: CIMA qualification or B com accounting degree with Honors qualification as advantage.
• 8-10 years, Finance, Control, or Audit experience in large and/or multinational companies
• Proficient in SAP & BW
• High level of Excel skills.
• Prior experience of project/service controlling is a Must.
• Exposure to manufacturing processes/projects would be needed.