Finance Project Manager - Rolling stock

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Date: 27-Jan-2023

Location: Saint-Bruno, QC, CA

Company: Alstom

Leading societies to a low carbon future, Alstom develops and markets mobility solutions that provide the sustainable foundations for the future of transportation. Alstom’s products portfolio ranges from high-speed trains, metros, monorail, trams and e-buses to integrated systems, customized services, infrastructure, signalling and digital mobility solutions. With Bombardier Transportation joining Alstom on January 29, 2021, the new Group’s combined revenue amounted to €15.7 billion for the 12-month period ended March 31, 20201. Headquartered in France, Alstom is now present in 70 countries and employs 75,000 people.


Co-pilot to the project manager to ensure focus on the achievement of the financial goals of the project rolling stock projects. Provides all required financial information about the project. Control the monthly sales & margin realization, monitor & support the Estimated At Completion change process, ensure that Alstom accounting guidelines are respected.  Single point of contact for all financial issues relating to the specific project portfolio controlled. Close monitoring of the project deliverables. Early assessment and measuring of financial impact of risks and opportunities with regular follow ups on action plans. Proactively follow and challenge the project cash flow & gross margins. 



Project calculations

  • Ensure that project calculations reflect current status of project.
  • Input and updating of project calculation in Financials system.
  • Working out and updating Budget and Forecast figures of the project
  • Review and Analysis of Estimated-at-completion calculation of the project for Budget, Forecast and Actual
  • Review and Analysis of variances between Budget, Forecast and Actual figures and comment on them in monthly Reporting – especially Sales POC, Margin and Free Cash flow, Risk &Opportunities and Contingencies
  • Review and Analysis of contract related Balance sheet items with the target of minimization of Net Utilized Assets (Inventory level, Advance Payments, Accounts Receivables, etc)


Project reporting

  • Make financial situation transparent to the Core Team
  • Prepare and present current status and alternative scenarios. Track project related savings activities
  • Lead Core Team members in meeting or improving their targets
  • Challenge the project teams to assure a successful project execution.
  • Prepare and update monthly reports and presentation in project review meetings
  • Contribute in Risk & Opportunities discussion and following up on action plans


Accounting Specific responsibilities

  • Responsible customer invoicing, VAT, Receivables and payment control
  • Cash-Flow Management
  • Hedging activities in cooperation with Treasury
  • Control of Warranty Provisions to the end of the project
  • Require and control securities by the customer (letter of credit, bank guarantees)
  • Coordinate commercial affairs of internal partners, i.e. check of inter-company Sales and Purchases (interco matching)
  • Provide input parameters for Bid Approval Process and support Blue Book tender activities for variation orders
  • Plan personnel in cooperation with Core Team and HR Business Partner, considering project target costs
  • Control of cost and direct hours
  • Control of man/hour writing
  • Procurement / Engineering:  Quantify impact of change orders (profitability calculation), assess impact on the different cost items in the calculation, (i.e. Bill of material and Engineering hours)
  • Maintain an appropriate level of contingencies


Specific responsibilities to other Project Core Team members

  • Keep Project Manager continuously updated on financial situation of project and upcoming risks & opportunities
  • Support Risk & Opportunities Manager & Project Manager by quantifying/assessing project-related exposures/opportunities on an ongoing basis and follow up on the action plans
  • Build and maintain successful cross functional relationships
  • Support Project Manager and/or Claim Manager in commercial negotiations and preparation of claims



  • Bachelor’s degree in Finance/Accounting
  • Professional Accounting title considered a strong asset
  • Minimum of 7 years of experience in a similar role; preference in a manufacturing industry, financial controlling
  • Experience in financial planning and analysis, performance measurement, risks assessment, internal controls and project accounting
  • English fluent, French an asset
  • Knowledge of SAP, Office suite and Excel Power BI


Alstom is the leading company in the mobility sector, solving the most interesting challenges for tomorrow’s mobility. That’s why we value inquisitive and innovative people who are passionate about working together to reinvent mobility, making it smarter and more sustainable. Day after day, we are building an agile, inclusive and responsible culture, where a diverse group of people are offered opportunities to learn, grow and advance in their careers, with options across functions and geographic locations. Are you ready to join a truly international community of great people on a challenging journey with a tangible impact and purpose?  


Equal opportunity statement:
Alstom is an equal opportunity employer committed to creating an inclusive working environment where all our employees are encouraged to reach their full potential, and individual differences are valued and respected.  All qualified applicants are considered for employment without regard to race, colour, religion, gender, sexual orientation, gender identity, age, national origin, disability status, or any other characteristic protected by local law. 


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