SH 2.0 Cost Controller (m|f|d)

Job Description

The Voith Group is a global technology company. With its broad portfolio of systems, products, services and digital applications, Voith sets standards in the markets of energy, paper, raw materials and transport & automotive. Founded in 1867, the company today has around 22,000 employees, sales of € 5,5 billion and locations in over 60 countries worldwide and is thus one of the larger family-owned companies in Europe. Support the Voith Group | Voith Hydro as a Project Controller The Project Controller is part of the Commercial Team, working within an integrated project controls function across Germany and Australia, reporting to the Project Controlling Manager /Project Commercial Manager and with a functional reporting line to the Head of Controlling in Germany. As Project Accountant & Controller you will play a pivotal role in ensuring the efficient management and control of project costs and provide financial support, guidance, and oversight for specific business projects. Collaborating closely with all project functions, maintaining robust Cost Control Procedures and assisting the implementation of a comprehensive Cost Control System. The role includes a focus on generating, updating, and maintaining reports on income, expenditure, and financial transactions. Your primary focus will be on ensuring compliance with contractual and governance requirements and facilitating accurate reporting for cost control, cost forecasting, monthly cost reporting, financial reporting and enabling timely decision-making on the Project. Your role will support the Project Commercial Manager, developing cost control processes and procedures to work closely with Onshore/Offshore cost control and Onshore/Offshore project schedulers to ensure all progress and cost is seamlessly managed, monitored and reported in upstream and internal project and cost reporting processes. Snowy 2.0 is the next generation of the iconic Snowy Mountains Hydroelectric Scheme, and construction of this major pumped-hydro project is well underway. Once complete, the Scheme will provide 2000 megawatts of dispatchable, on-demand renewable power and approximately 350,000 megawatt hours of large-scale energy storage to the Australian National Electricity Market. Voith is the awarded Subcontractor. The above role is in connection to this project. Key Responsibilities Liaise with all Voith project functions and accounting/administrative functions on cost control matters. Ensure that the implemented systems and procedures are in accordance with the requirements of the Contract and internal processes. Assist with preparing the monthly IPA process and cost reports for Onshore and Offshore. Assist with preparing the quarterly CTC process for Onshore and Offshore. Assist project stakeholders with monthly valuation and cost analysis reports, forecasting and cost to complete. Undertake regular audits and make plausibility checks of the cost control system to ensure accurate reporting of the project’s forecasts of margin. Report to the Project Commercial Manager any errors or misuse of the cost control system that can lead to deviations from the set targets and respective impacts in the financial reports. Prepare any other analysis or report that may be required by the Project Commercial Manager. Ensure that budget forecasts, progress monitoring, cost reporting, financial reporting and corrective action information systems procedures meet specific project requirements. Work together as a team with Cost Control, Accounting, Finance staff and scheduling staff. Participate in reviewing subcontract tenders and returnable schedules in respect of pricing and budget analysis. Be actively involved in establishing the project controls procedures and developing WBS and schedules. Support the implementation of Project Controls processes and practices including initial WBS and Cost coding structures. Supervise the creation of large complex schedules and perform reviews. Analyse project cost and schedules performance against the control plan and communicate reasons for variance. Provide an auditing function for projects against project control procedures and suggest corrective action for any non-conformance detected. Participate in Snowy project audits including Offshore and Onshore budgets and cost. Provide financial assistance for special requirements such as claim preparation. Develop complex costing analysis and the financial impacts of schedule changes. Participate in monthly cost and budget review meetings and present the results. Work with the Planners/Schedulers to establish and report cost against weekly work plans/schedules. Establish sound cost control and cost forecasting routines. Ensure upstream contract compliance in respect of cost claiming, reporting and recording. Understand and advise other functions on implementation of ITC Schedule and cost recovery avenues. Ensure that all records are methodically archived in line with procedures. Prepare and/or coordinate reports and identify new ways of managing and visualising data. Manage cash flow forecasts with Onshore and Offshore teams. Assist in the preparation of progress claims and cost reporting for work completed. Work with Project Control function Onshore and Offshore to measure progress and collation of data. Develop a strong understanding of the subcontract and head contract. Develop suitable tools to assist project in establishing accurate cost and financial forecasting. Advise on options to assist maximum cost recovery on the Project. Your Profile “Numbers focussed” and strong interest in analysing complex data. Experienced in Microsoft Excel visual basic and Power BI. At least 5 years of experience in cost control roles and working knowledge of Accounting and Finance in a Projects environment. Bachelor's Degree in Finance/Accounting/Quantity Surveying or other relevant field. At least 5 years experience in estimating, costing and/or planning of multi-disciplined projects. Detailed knowledge of relevant legislation. Understanding of customer/client needs. Proven leadership, negotiating and lateral thinking skills. Financial management – demonstrable behaviour in reducing costs and meeting budgets. Excellent communication skills, both written and verbal. Contruent (Formerly known as PRISM) or Ecosys Experience. Proficiency in SAP or Other ERP system. Experience working on large projects in Energy Industry (Hydro preferred). Ability to work flexibly across multiple time zones. We offer you an international working environment with an open and inclusive company culture. In addition, you can expect flexible working models, sustainable development opportunities and various offers for the compatibility of family and career as well as health and well-being. The offer is subject to satisfactory medical and police clearance. Apply now via our web portal. The Voith Hydro GmbH & Co. KG | VHH is looking forward to your application! #J-18808-Ljbffr