Project Controller
STOW Group•Romeoville, IL
About The Position
The Project Controller improves the bottom line by analyzing project related data to identify and address deviations, risks, and variances, which also improves forecasting. Based on the findings, the Project Controller intervenes and implements corrective measures. This newly created position reports directly to the Finance Director at the Headquarters in Belgium and collaborates closely with the Finance Manager of Movu US as well as local Project Management.
Requirements
- A Master’s degree in Finance is required
- At least three years of relevant professional experience
- A communicative, proactive, and team-oriented approach
- Strong interest in the technical aspects of projects
Responsibilities
- Prepare, evaluate, update, and ensure the accuracy of project forecasts including cash flow
- Assess accruals and actual costs incurred
- Calculate work in progress and continuously monitor project performance
- Provide financial and business analyses and alert the appropriate stakeholders such as Project Management and the Finance Director to foreseen or unforeseen variances
- In collaboration with Project Management, prepare and monitor the budget, ensure its accuracy and follow up if inconsistencies are detected between actual expenses and budgeted figures
- Control the set of financial KPIs for each project and proactively take appropriate actions
- Control month-end closing and verify inconsistencies
- Follow up on monthly provisions (cost and revenue), ensuring completeness and accuracy
- Ensure adequate cost control and align project profitability with financial objectives
- Collaborate with Project Management and Finance to ensure project invoices are accurately prepared, punctually submitted, and collected
- Monitor and support activities around invoicing, financial terms & conditions, credit management, etc.
- Review and project activities for compliance with company standards, financial policies, and procedures (including but not limited to revenue recognition and financial setup rules for projects)
- Proactively intervene, advise and take action when deviations occur and in response to new developments
- Create and establish KPIs, standards, tools, and procedures
- Closely observe possible tax implications related to projects
- Translate financial data into operationally valuable insights
- Propose and follow up on improvements for business operations
- Are a key user in implementing the new IT landscape
- Serve as a liaison between Finance and Project Management
- Provide timely and accurate responses to company stakeholders regarding financial performance
- Provide all necessary information to internal and external auditors
- Provide regular and accurate project reports including budget, WIP, cash flow, detailed cost, and revenue
Benefits
- 20 days PTO
- 5 days paid sick leave
- 11 US paid holidays
- Medical (currently BlueCross BlueShield) Insurance, including Family coverage, all currently 90% Company paid
- Dental Insurance, including Family coverage, all currently 90% Company paid
- Vision Insurance, including Family coverage, all currently 90% Company paid
- Company paid Short- and Long-Term Disability Insurance
- Company Paid Life Insurance
- Company Paid Accidental Death & Dismemberment
- 401K with employer match, currently 4%
- Partial Tuition Reimbursement after 12 months
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
Upload and Match Resume
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
251-500 employees
