Sr. Finance Project Controller

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Date: 22-Sep-2022

Location: Bangalore, KA, IN

Company: Alstom

Req ID:337841 

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 70000 people dedicated to solving real-world mobility challenges and achieving international projects with sustainable local impact.  

Project 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. India


Purpose of the Job


The PFM is the CFO for the Project and partners with the Project Manager to improve the overall performance and particularly the margins and the cash profile. As a key member of the Finance Control  team, this position provides financial analysis, advices and guidance to support the business and making the best business decisions accordingly.


Organisation Reporting

  • Direct Reporting - Finance Controller, DIS - Signaling


  • Manage the controlling and financial reporting of projects in accordance with internal control rules
  • Ensure project accounting is in accordance with Company guidelines; define milestone and liaise with accounting for revenue recognition
  • Organise the project reviews from start to the end of each contract
  • Ensure consistency with project teams (Planner, Sourcing, …)
  • Analyse the execution performance and propose action plans to improve contract margin and cash profile as well as corrective action plans to mitigate identified risks
  • Support all ad-hoc analysis proposed by the PM/PD
  • To ensure a proper cost controlling and cash collection on allocated projects and supports the Project or Unit Controller in the project Controlling areas. To ensure adequate controls and processes are in place to meet all of the company’s requirements.
  • Obtain all financial and accounting data related to the contracts allocated
  • Check the accuracy of the data accounted for on the project (customer invoices, supplier’s invoices, timesheets, travel expenses...) and data reported
  • Check and control cost movements monthly, compare with “As Sold” Situation, Current as Sold” situation as well as with previous forecast.
  • Present all financial data in a transparent way.
  • Prepare the estimate at completion  to be validated during the Project Reviews
  • Preparation and submission of milestone invoices
  • Follow up on receivables.
  • Ensure reconciliation  between approved project financial data and books
  • Submission of weekly project updates
  • Submission of milestone based sales and cash projections
  • Monitor & manage  Guarantees & Bonds relating to the project
  • Review and highlight indirect tax related impact on the projects
  • Report and monitor hedging requirements specific to projects
  • Update Project Management Tool for financial KPIs
  • Liaise with counterparty in respect of sales and cash for internal projects


Qualification : CA  with 8-12 years post qualification experience

Location: Bangalore

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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