Finance Project Analyst

Alstom; Johannesburg; On-site; ZAR 450,000 - 600,000; Full time

Job summary

A major transportation company in Johannesburg is seeking a Finance Project Analyst to manage financial reporting for projects. The ideal candidate will have a Finance Degree, excellent MS Excel skills, and familiarity with SAP. You will play a crucial role in ensuring compliance and providing financial insights to project teams. Work alongside collaborative teammates to contribute to a challenging and rewarding environment.

Qualifications

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

Responsibilities

• Manage financial reporting of projects ensuring compliance with internal control.
• Participate in negotiations and manage liquidity flows.
• Ensure compliance with IFRS.

Skills

Financial analysis

Communication skills

MS Excel

Education

Finance Degree

Tools

SAP

Job description

At Alstom, our ambition is to be a global leader in the transportation sector, in the digital age. Leading the way to greener and smarter mobility worldwide, Alstom develops and markets integrated systems that provide the sustainable foundations for the future of transportation. Alstom offers a complete range of equipment and services, from high-speed trains, metros, trams and e-buses to integrated systems, customised services, infrastructure, signalling and digital mobility solutions.

At Bombela Maintenance, a subsidiary of Alstom, we employ 160 employees all working towards a common goal of becoming the best railway maintenance company. We are committed to consistently delivering a safe Gautrain, on time every time.

Could you be the Finance Project Analyst Bombela Maintenance is looking for?

This roles will be based at the Gautrain Maintenance Depot in Midrand, Johannesburg.

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 ( 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

You don’t need to be a train enthusiast to thrive with us. We guarantee that when you step onto one of our trains with your friends or family, you’ll be proud. If you’re up for the challenge, we’d love to hear from you!

Important to note

As a global business, we’re an equal-opportunity employer that celebrates diversity across the 63 countries we operate in. We’re committed to creating an inclusive workplace for everyone.

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