Senior Project Finance & Forecast Analyst

Hanwha Power; Florida; On-site; USD 70,000 - 100,000; Full time

Job summary

Hanwha Power is seeking a Project Financial Analyst to join our Jupiter, FL team. The role oversees financial movements within project scope, reconciles results with balance sheet positions, and supports forecasts and cost-reduction options.

Responsibilities include billing, invoicing milestones, and monthly/quarterly reviews. Strong SAP/ERP and MS Office skills, plus 5+ years in project accounting, are required. Fluent English is essential.

Qualifications

• Bachelor’s degree in accounting or finance required.
• 5+ years of experience in project accounting/controlling.
• Experience with long-term contract accounting.
• Fluency in written and spoken English.

Responsibilities

• Control and track all financial movements within the project scope.
• Reconcile project results with balance sheet positions.
• Provide forecasts for completion and identify cost-reduction options.
• Manage billing and collections for assigned projects.
• Monitor milestones for on-time invoicing and revenue recognition.
• Prepare quarterly financial project reviews and consolidate global project financials.
• Record transactions accurately in SAP and maintain project data in the accounting tool.
• Support tender pricing, revenue milestones, and handover from tendering to execution teams.
• Manage bonds and other guarantees related to projects.

Skills

Financial analysis

Forecasting

Reporting

Verbal & written communication

Cross-functional collaboration

Analytical thinking

Problem solving

Education

Bachelor’s Degree in Accounting or Finance

Tools

MS Office

SAP/ERP modules

Job description

The essential functions of the job include, but are not limited to, the following:

• Control and have at all times full knowledge of all financial movements within the project scope, ensuring they are correctly and accurately reported. Reconcile the onshore or offshore project results both within the project accounts and with respect to balance sheet positions related to the project.
• Support project management by providing accurate forecasts to complete, as well as providing options to reduce the overall cost base
• Providing financial advice for project management in areas such as: Tax; Insurances; Hedging for FX risks; relevant financial and internal control rules; establishment of on-shore project; etc.
• Manage the billing and collections process associated with assigned projects
• Monitor project financial milestones both internally and to the customer for on time invoicing and revenue recognition
• Prepare quarterly financial project reviews for global business management; Request financial inputs from supporting centers and consolidate global project financials; Interact and communicate results with global project management team to ensure a thorough and comprehensive project review is achieved, including support of the local onshore units and full reporting of project claims and opportunities
• Support business finance function in terms of reporting of Actual v Forecast performance (both PSM and on-shore unit scope), real-time updates during the month, preparation of monthly forecast details, and preparation of budget figures in conjunction with project manager
• Manage project in business systems: accurate recording in SAP, issuance of invoices, maintain project in Project Accounting Tool
• Support offer/tender team to draw up correct pricing/costing calculations, establishment of revenue and invoicing milestones, handover from tendering to execution teams
• Manage all bonds and other guarantees associated to the projects
• Ensure that all project activities follow the implemented process and Delegation of Authority
• Contribute to process improvement initiatives and special projects
• Other duties, as assigned

POSITION: Project Financial Analyst

LOCATION: Jupiter, FL.

STATUS: Salary Exempt

JOB SUMMARY

ESSENTIAL DUTIES AND RESPONSIBILITIES

The essential functions of the job include, but are not limited to, the following:

• Control and have at all times full knowledge of all financial movements within the project scope, ensuring they are correctly and accurately reported. Reconcile the onshore or offshore project results both within the project accounts and with respect to balance sheet positions related to the project.


• Support project management by providing accurate forecasts to complete, as well as providing options to reduce the overall cost base


• Providing financial advice for project management in areas such as: Tax; Insurances; Hedging for FX risks; relevant financial and internal control rules; establishment of on-shore project; etc.


• Manage the billing and collections process associated with assigned projects


• Monitor project financial milestones both internally and to the customer for on time invoicing and revenue recognition


• Prepare quarterly financial project reviews for global business management; Request financial inputs from supporting centers and consolidate global project financials; Interact and communicate results with global project management team to ensure a thorough and comprehensive project review is achieved, including support of the local onshore units and full reporting of project claims and opportunities


• Support business finance function in terms of reporting of Actual v Forecast performance (both PSM and on-shore unit scope), real-time updates during the month, preparation of monthly forecast details, and preparation of budget figures in conjunction with project manager


• Manage project in business systems: accurate recording in SAP, issuance of invoices, maintain project in Project Accounting Tool


• Support offer/tender team to draw up correct pricing/costing calculations, establishment of revenue and invoicing milestones, handover from tendering to execution teams


• Manage all bonds and other guarantees associated to the projects


• Ensure that all project activities follow the implemented process and Delegation of Authority


• Contribute to process improvement initiatives and special projects


• Other duties, as assigned

MINIMUM REQUIREMENTSEducation & Training

• Bachelor’s Degree or higher in either Accounting or Finance


• Must complete EHS assigned regulatory training for work area as described by PSM’s EHS Training Matrix

Skills/Experience

• 5+ years of experience of project accounting / controlling


• Experience with long term contract accounting


• Strong verbal and written communication skills


• Ability to work cooperatively across functions


• Commercial awareness, and proven ability to work with sales / tender teams


• Financial instrument knowledge (hedges, bonds, LD’s, etc)


• Proficiency in MS Office (Word, Excel, PowerPoint)


• SAP or ERP finance modules knowledge a plus


• Fluency in written and spoken English a requirement


• Strong team player with a proactive attitude


• Adaptable and reliable individual with a precise and accurate working style


• Strong communication skills


• Analytical and problem-solving

Equal Opportunity Employer Veterans/Disabled