Senior Project Finance Controller

ICF Olson; Madrid; Presencial; EUR 70.000 - 100.000; Jornada completa

Descripción de la vacante

ICF is seeking a Project Finance Controller to join the Europe & Asia Business Management team in Madrid on a permanent basis. You will drive financial performance across projects, including revenue recognition, forecasting, and variance analysis, working with PMs and Directors in a multinational matrix environment.

Key duties include project setup, compliance, billing, WIP management, accruals and month-end close, and supporting governance with strong control processes.

Formación

• MBA, M.Com, CMA or equivalent finance qualification.
• 4-5 years of relevant experience in project finance, project controllership, or financial project administration within service or consultancy environments.
• Strong understanding of revenue recognition principles and financial standards (e.g., ASC606, IFRS, US GAAP).
• Advanced MS Excel skills (pivot tables, lookups, formulas, modelling).
• Proficiency in MS PowerPoint; Power BI experience is an advantage.

Responsabilidades

• Project Financial Management & Analysis: Monitor, analyse and interpret project financial performance; conduct re-forecasts and cost-to-complete reviews; present monthly performance to Senior Leadership.
• Project Setup, Maintenance & Compliance: Review contracts and set up projects in ERP; maintain data through lifecycle; support contract documents.
• Revenue Recognition & Reporting: Ensure revenue is recognised correctly and prepare MIS packages with commentary.
• Billing, Cash Flow & WIP Management: Prepare client billing, monitor aged debts, support collections, reduce WIP and overdue balances.
• Accruals & Month-End Close: Calculate subcontractor/freelancer accruals; support reconciliations and monthly reports.
• Project Governance & PM Support: Lead financial reviews, identify risks, train PMs on processes and compliance.
• Controls, Audits & Process Improvement: Support audits and implement financial controls and continuous improvement.
• Other Responsibilities: Perform ad-hoc duties as needed.

Conocimientos

Advanced MS Excel

Power BI

Revenue recognition

Analytical skills

Cross-geography collaboration

Educación

MBA / M.Com / CMA or equivalent

Herramientas

Maconomy ERP

Descripción del empleo

About ICF

About ICF (www.icf.com) is a consultancy firm with offices in the UK, Belgium, the US and worldwide. At ICF, we help governments, public agencies and international institutions solve complex problems and improve the quality of life of people around the world. We offer critical insight and rigorous analytical techniques to deliver innovative solutions and thought-provoking analyses for our clients. Working at ICF means applying a passion for meaningful work with intellectual rigour to help solve the leading issues of our day. Smart, compassionate, innovative, committed, ICF employees tackle unprecedented challenges to assist our clients and benefit their constituencies. We believe in collaboration, mutual respect, open communication, and opportunity for growth.

About the team

We are looking for a Project Finance Controller to join our Europe & Asia Business Management team on a permanent basis to drive the financial performance of the ICF activities.

Main Responsibilities

• Project Financial Management & Analysis

  Monitor, analyse and interpret project financial performance in close collaboration with Project Managers and Directors. Conduct project re-forecasting and cost-to-complete reviews in line with ICF policies to ensure accurate and compliant revenue recognition. Provide actionable insights, variance analysis, and recommendations to support strategic and operational decision‑making. Present monthly financial performance, risks, and opportunities to Senior Leadership.

• Project Setup, Maintenance & Compliance

  Review contracts (including inter-company agreements) and set up projects in the ERP system in accordance with contract terms, SOX regulations and internal controls. Maintain project financial data throughout the lifecycle—set-up, amendments, variations, and project closure—ensuring completeness and compliance. Support the maintenance of contract documents, agreements, and variation orders.

• Revenue Recognition & Reporting

  Ensure revenue is recognised correctly and consistently across all projects, fully aligned with accounting standards and internal policies. Prepare and deliver management reporting packages (MIS), including revenue, cost analysis, margin movements, and detailed commentary.

• Billing, Cash Flow & WIP Management

  Prepare timely and accurate client billing in coordination with Project Managers. Monitor aged debts, collaborate with Treasury on collections, and support actions to reduce WIP and overdue balances. Contribute to cash flow estimates and forecasting.

• Accruals & Month‑End Close

  Calculate and post monthly subcontractor and freelancer accruals, ensuring completeness and correct cut‑off. Support month‑end close activities including reconciliations and preparation of financial reports.

• Project Governance & PM Support

  Lead or participate in project financial reviews to identify risks, required write‑downs, claims handling, and necessary corrective actions. Train and support Project Managers on financial project management processes, best practices, and compliance requirements. Build strong working relationships with PMs and internal stakeholders to ensure high‑quality financial governance.

• Controls, Audits & Process Improvement

  Support internal and external audits by preparing required documentation and evidence. Contribute to the development and implementation of financial controls, checklists, and continuous improvement initiatives to strengthen process efficiency and compliance.

• Other Responsibilities

  Perform ad‑hoc duties and analysis as assigned to support business needs.

Basic Requirements

• MBA, M.Com, CMA or equivalent finance qualification.
• 4-5 years of relevant experience in project finance, project controllership, or financial project administration within service or consultancy environments.
• Strong understanding of revenue recognition principles and financial standards (e.g., ASC606, IFRS, US GAAP).
• Advanced MS Excel skills (pivot tables, lookups, formulas, modelling).
• Proficiency in MS PowerPoint; Power BI experience is an advantage.
• Experienced user of financial/ERP systems (Maconomy strongly preferred or willingness to learn quickly).
• High numerical accuracy and strong analytical skills.
• Experience working in a matrix organisation across multiple geographies (Europe/Asia/India).

Personal Qualities

• Strong verbal, written, and interpersonal communication skills.
• Ability to work independently and meet tight deadlines with high accuracy and attention to detail.
• Proactive, self‑motivated, and committed to continuous learning and development.
• Able to organise, prioritise, and manage multiple tasks simultaneously.
• Strong stakeholder management and ability to build constructive relationships with PMs, finance teams, and leadership.
• Problem‑solving mindset with a “can-do” attitude.
• Team player who collaborates effectively across functions and regions.

Right to Work, Location & Sponsorship

We welcome applications from candidates based in any country. This role is located in Spain, and successful candidates must: Have the legal right to work in Spain, or be eligible for sponsorship on a case‑by‑case basis, and Be physically located in Spain by Day 1 of employment (or shortly before your start date). Please ensure you can meet the right-to-work and location requirements or would qualify for sponsorship where applicable.

Candidate AI Usage Policy

At ICF, we are committed to ensuring a fair and equitable interview process for all candidates based on their own skills and knowledge. As part of this commitment, the use of artificial intelligence (AI) tools to generate or assist with responses during interviews (whether in-person or virtual) is not permitted. This policy is in place to maintain the integrity and authenticity of the interview process. However, we understand that some candidates may require accommodations that involve the use of AI. If such an accommodation is needed, candidates are instructed to contact us in advance at [e-mail]. We are dedicated to providing the necessary support to ensure that all candidates have an equal opportunity to succeed.

Madrid, Spain (ES01)

Need help? We're here: [e-mail]

About ICF

ICF is a global consulting and technology services company with approximately 9,000 employees, but we are not your typical consultants. At ICF, business analysts and policy specialists work together with digital strategists, data scientists and creatives. We combine unmatched industry expertise with cutting‑edge engagement capabilities to help organizations solve their most complex challenges. Since 1969, public and private sector clients have worked with ICF to navigate change and shape the future.

Learn more at icf.com.