Project Accounting team acts as finance analyst/controller for key Motorola system implementation projects in Europe and Africa region. We are finance partners to project managers, system engineering team and other members of the project team. This is very visible role with strong commercial exposure. Project analyst will work at most times independently with responsibility for overall project financials.
Understand and explain changes in project forecast, provide input to establish regional plans for financial years to come
Work with the project manager to ensure that project accounting systems are properly loaded with the award P&L data and that all activities are correct budgeted
Monitor activities from other operational organization in relationship to projects (Engineering, Business development, Bid and Quote etc.)
Create profit improvement and cost reduction plans that will be continually monitored, processed and updated,
Responsible for accurate Profit and Loss accounting
Support project teams in all financial questions (first contact for invoicing, tax, and liquidated damages claims etc.),
Take part in pre-approving contract variations
Derive revenue recognition statement with reference to the contract, Motorola Accounting policies and ensure that this is applied throughout the life of the contract
Provide Analysis of the monthly budget performance, investigating any variances during the month end process.