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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 diversity, inclusion, and authenticity.
Bring your unique energy to our team of more than 20,000 people worldwide, and discover a rewarding, fulfilling, and varied career that you can take in anywhere you want to go.
Job PurposeThe role of Project Finance team is to ensure timely, accurate, and robust control of Project financial activities, including periodic review of project progress and Estimate At Complete (EAC), management of project working capital, and thorough assessment of project risks and opportunities.
The team of Project Controllers comprises strong performers with deep expertise in their field that contribute to our company's success globally by anticipating and addressing challenging issues in project execution.
As a key member of our Project Finance team, the primary job responsibility of Project Controller will be to support the Project Manager in meeting project deliverables on time and under budget.
In this role, the Project Controller will execute project controlling activities and perform a variety of analytical and reporting tasks.
The Project Controller will be a top performer having a strong academic background and demonstrated stability in career progression with increased levels of responsibility.
Job DescriptionAct as a business partner to the Project manufacturing Manager (PMM) for project controlling and financial reporting activities.
Understand system/project scope, contractual structure, client deliverables, and related schedule to establish/validate baseline project budget and margin.
Establish Project Work Breakdown Structure (WBS), Estimate At Complete (EAC), and Project Margin in preparation of project inbound at contract award.
Create project risk register to systematically document risks and opportunities, including justification for project holdback (if any); prepare comprehensive evaluation of cost escalation and contingencies.
Undertake periodic review of project progress to date, remaining scope of work, and actual and committed costs to validate planned costs and EAC.
Collaborate with PMM, Planners, Buyers, Warehouse & Logistics, and Shared Finance/Cost teams to maintain an up to date view of project progress to date, including EAC and project margin, and areas of future commercial risks and opportunities.
Act as custodian for financial processes; ensure integrity of data and adequate level of control documentation for any cost and margin revisions.
Additional DescriptionProject Reporting
Monitor actual financial performance against budget/forecast periodically; responsibility for overall sales revenue and gross margin reporting of the project.
Prepare project EAC and cost progress, and risks and opportunities updates for management discussion and reporting.
Support reporting requirements for product lines and formulate ad hoc analysis as required.
Ensure price and cost currency risk is hedged at contract inception and at each VO through periodic currency exposure assessment (provided to Treasury team).
Month end Closing Activities
Participate in month end closing including preparation and entry of journal vouchers.
Month end closing activities include review and validation of project actual costs, recording of cost accruals, and project settlement for POC revenue recognition.
Prepare monthly project financial reports and identify any project financial issues for improvements and solutions.
Participate in quarterly review of project status and financial schedules with external auditors.
You are meant for this job if:Finance/Business Degree /Master qualification
5+ years' experience of Cost Control depending on project size and complexity.
Experience with large companies and an ERP system, especially SAP
Experience in the oil and gas industry – Good to have.
Being a global leader in the energy industry requires an inclusive and diverse environment.
TechnipFMC promotes diversity, equity, and inclusion by ensuring equal opportunities to all ages, races, ethnicities, religions, sexual orientations, gender expressions, disabilities, or all other pluralities.
We celebrate who you are and what you bring.
Every voice matters and we encourage you to add to our culture.
TechnipFMC respects the rights and dignity of those it works with and promotes adherence to internationally recognized human rights principles for those in its value chain.
Learn more about TechnipFMC and find other open positions by visiting our Career Page.
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