Lead Finance Analyst for PowerMax executing accounting activities and ensuring accurate financials. Collaborating with Operations, Fulfillment, and Services Finance for project management in Hungary.
Responsibilities
Responsible for Contrcatual Service Agreements (CSA) operating in PowerMax ERP for the European Finance team.
Account for financials of the projects in line with GAAP & STAT policies & standards (e.g., revenue recognition, journal entries, etc.)
Maintain strong connection with operations to validate contract data (project cost, invoicing), prepare financial output, and communicate to Project Managers, and broader finance community
Support operations by approving credit notes, recording bad debt and bonus/liquidated damages
Review and reconcile periodic balance sheet accounts related to projects & prepare and present monthly balance sheet reviews
Actively participate in contract handover reviews from Inquiry to Order (ITO), to Order to Remittance (OTR) i.e., T&C clarifications, project setup, payment security, hedging evaluation, etc.
Perform Margin Review calculations to enable ITR (Inquiry to Remittance) Services Finance to work with Project Managers to optimize the performance of the contracts
Download & prepare SONIC data as part of the pacing process for validation with Operations
Possess detailed knowledge of the pacing case to enable Business Unit Finance in optimizing the case
Monitor intercompany transactions related to projects & partner with central Internal Billing team to problem solve rejects & holds
Provide internal and external Audit support relating to project accounting activity, balance sheet and P&L as needed
Execute project accounting within ERPs per the global standards set by the business
Be a strong advocate for LEAN culture, supporting continuous improvement of processes
Requirements
Bachelor’s degree from an accredited university/college in Accounting, Finance or relevant discipline
Significant experience in operational finance and/or project accounting in progressively larger positions of responsibility
Relevant Financial Systems & Data Experience
Fluent English knowledge is essential
Demonstrated ability to deliver with focus, prioritize and perform in a fast-paced environment and respond quickly
Experience and interest in driving process improvement
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