2 Praj Industries Financial Controller Jobs

Primary Responsibilities:

• Alyzing monthly accounts Balance Sheet and P&L Account, Cash Flow of BU against the budgets and suggest corrective actios to BU Head in consultation with CFO
• Assisting BU Head in achieving the monthlyquarterlyAnnual budget.
• Assisting BU Head in understanding variances in monthly budgets and actual numbers achieved
• Continuously monitoring various bank guarantees including EMDs issued and their timely release.
• Controlling the working capital: Receivables magement, controlling DSO, recovery of sticky receivables, coorditing with legal department for filing legal cases for recovery. Monitoring and controlling BU inventory.
• Helping the proposal team in costing of various jobs for bidding.
• Monitoring and alyzing projects from the stage of bid profitability, post engineering profitability, actual profitability and realized profitability.
• Monitoring and assisting BU head in controlling the overheads.
• Monitoring the cash flow cycle for the projects.
• Preparation of Annual Budget for the BU.

Additional Responsibilities:

• Working closely with accounts team for timely closure of accounts by following up with projects for submission relevant details contractors billsregularly submitting the cost to completion statements for all projects
• Working with fince team in issuance of letter of credits and bank guarantees for the projects
• Working with insurance team for ensuring that all projects are properly insured and all the insurance claim related papers are organized on timely manner for settlement of claims.
• Working with interl audit teams in coorditing with projects for audits, arranging for closure of interl auditors queries and post interl audit, following up for taking the necessary actions against the points raised by the interl audits.
• Working with Legal & Commercial team for early closure of contracts filization after winning the contractsbids