Reporting & Budgeting Controller

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Date: 30-May-2021

Location: Bangalore, KA, India

Company: Alstom

Req ID:107607 

We create smart innovations to meet the mobility challenges of today and tomorrow. We design and manufacture a complete range of transportation systems, from high-speed trains to electric buses and driverless trains, as well as infrastructure, signalling and digital mobility solutions. Joining us means joining a truly global community of more than 75 000 people dedicated to solving real-world mobility challenges and achieving international projects with sustainable local impact.  

 

Reporting & Budgeting Controller 

 

About Alstom in India

Alstom has established a strong presence in India. Currently, the company is executing metro projects in several Indian cities including Chennai, Kochi and Lucknow where it is supplying Rolling Stock manufactured out its state of the art facility at SriCity in Andhra Pradesh. In the Mainline space, Alstom is executing Signaling & Power Supply Systems for the 343 Km. section on World Bank funded Eastern Dedicated Freight Corridor. Phase 1 in the construction of the new electric locomotive factory for manufacturing and supply of 800 units of 12000HP locomotives is also complete at Madhepura, Bihar while the depot at Saharanpur, Uttar Pradesh is ready to commence operation. Alstom has set up an Engineering Centre of Excellence in Bengaluru, and this coupled with a strong manufacturing base as well as localized supply chains, is uniquely positioned to serve customers across the globe. Today, Alstom in India employs close to 3600 people and in line with Government of India’s ‘Make in India’ policy initiative, Alstom has been investing heavily in the country in producing world class rolling stock, components, design, research and development to not only serve the domestic market, but also rest of the world. www.alstom.com/ India

 

JOB TITLE:  Reporting & Budgeting Controller – Rolling Stock

Based in Bangalore (India)

 

JOB PURPOSE SUMMARY :

The R&B Controller  position, reporting to Alstom Transport  Rolling Stock (RS) Bangalore Site Controller, will have the responsibility to consolidate and control the RS budgets.

 

The primary objectives will be the following : Be responsible for Internal and external reporting about the RS unit’s financial performance for actuals as well as forecasts

 

Operations Finance:

  • Control internal & external costs, commitments & interfaces toward suppliers, action plans, roadmaps. Develop Budgets, Forecasts and related MIS submissions.
  • Set-up the adequate processes & KPIs to measure RS performance on a monthly / quarterly / yearly basis.
  • Be a strong business partner to RS division.
     
    Management Reviews:
  • Support Monthly Business reviews with leadership in India and Asia Pacific on Alstom India performance and coordinate with various stakeholders to develop the business review deck and material.
  • Ensure project performance is well integrated into financial reporting for RS projects.
     
    You are expected to play an active role to support the various RS teams : pro-active, flexible, innovative, close to your Business needs.
     
    SPECIFIC RESPONSIBILITES OF THE ROLE:
  1. Measurement and Performance Controlling of the RS teams

Monthly

  • Interface with Accounting team for monthly closing
  • Monthly Settlement Runs
  • Monthly reporting in Reporting Tool i.e.Teranga
  • Preparation of monthly presentation for Site Management
  • Reconciliation of Statutory and Teranga reporting
  • Ensuring compliance with RAM(Groups Reporting and Accounting Manual) and local GAAP

Annual

  • Hard close of books
  • Compilation of information for Statutory accounts
  • Interface with auditors( Cost Auditor/Statutory Auditors)

Budgeting and Forecasting

  • Preparation of Three Year Plan for the Site including projects
  • Preparation of Rolling forecasts
  • Input into Teranga

Cash Forecast

  • Monthly forecasting of cash including variance analysis of Forecast vs. Actual.

BONGA database -  Monitoring of database and initiate actions for renewal/cancellation

External reporting - Submission of information to banks/credit agencies/government departments

 

2: Business Partnering : All RS Operations Finance business partnership activities will be managed by you !

As a consequence, you will have recurrent interfaces with the RS teams and with other finance teams from ALSTOM and review processes to eliminate non value added activities and streamline operations and report on project financial performance

3. Action Plans to drive cost reductions, monitoring & controlling

The Finance partner, will lead the development and measurement of these action plans, tracking risks & opportunities, evolve roadmaps to reduce cost and improve efficiency.

4. Budget & Forecast

Build, with his/her counterpart, budget & forecast for each RS Operations team taking into account cost and efficiency targets, workloads & cost drivers, footprint evolutions, action plans set.

A key success factor will be to give visibility to the Management in India & in Asia Pacific on the financial performance and on forecasts through budget & 3YP processes, highlighting risks & opportunities as well as mitigation plans & outcomes achieved.

5. Business Reviews & Consolidation.

The role requires familiarity of how budgets are set across individual RS cost centers and ensuring common rules and practices are applied to maintain consistency. It also review of overall and individual financials to better explain financial performance to key stakeholders, including local India senior management and RS management. It will require familiarity with SAP, reporting tools used in Alstom and also submission of forecasts, actuals and budgets for the Corporate team.

PROFILE :  

  • Strong knowledge of SAP
  • You must have an Academic background in Finance or Business Administration with experience of controlling activities in an industrial company
  • Autonomous, pro-active, result and deadline driven
  • Flexible, able to push for innovative ideas.
  • Chartered Accountant with 5 years of experience.
  • Location - Bangalore

 

  • REPORTING : This position reports to Alstom Transport India RS Bangalore Site Controller.

 

We welcome applications from all backgrounds regardless of gender, age, disability or ethnicity. We recognise that embracing flexibility is the smarter way of working. Please speak with us about your individual needs.

An agile, inclusive and responsible culture is the foundation of our company where diverse people are offered excellent opportunities to grow, learn and advance in their careers.  We are committed to encouraging our employees to reach their full potential, while valuing and respecting them as individuals.   

 

 

Job Type:​Experienced​


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