Principal Analyst - Project Finance

The candidate would work closely with the Middle East based Finance Business Partners to provide customized analytical support. Key relationships would be with the Finance Business Partners, technical Project teams, Heads of Discipline, as well as the Global Capability Centre (GCC) India Project Finance team. The Job responsibilities include but are not limited to ones given below

Support the Finance Business Partners as well as the Business Unit leaders and Project Leaders

Involvement throughout the lifecycle of a project from prospect to close out

Promote best practice in project and bid management by assisting Project Leaders in line with what is defined by QMS and Project Life Cycle

Conducting various analysis on projects to identify risk and opportunities on the projects.

Provide Internal Audit and External Audit support.

Work towards compliance with NI 52-109 for all Project Finance controls

Support projects based in the UAE, Qatar, Kuwait, Saudi Arabia and potentially other locations across the GCC and occasional travel wmay be required

Prepare and contribute to delivering P&L Business Unit annual budgets and quarterly forecasts

Revenue recognition as per POC method and ensuring the correct cost to complete of projects

Carrying out project wise, Business Unit wise cost & margin analysis and providing reasons for the erosion/ gain of margins

Work closely with the Finance Business Partners and Business Unit leaders in managing the month-end revenue recognition process along with production of related monthly performance reports to Senior Management

Help ensure Project Leaders are accurately reflecting progress made in month and forecasting revenue in line with the latest and best information available at the time of completion

Assist Project Leaders in completing and managing their EAC/ Cost to complete forecasts so that everyone has a full picture of the future performance of their projects and the Business Units can accurately assess resource requirements

Attend project review meetings, including the preparation of the financial data and take away any relevant Project Finance actions

ERP (Oracle) implementation under Project Finance especially w.r.t revenue recognition based on Percentage of completion (PoC) and time charge method

Help ensure working capital reports reflect the latest information available and that all actions are complete on a monthly basis by the relevant Project Leader

Review and approve all project invoices in conjunction with the Project Leaders where required

Provide support for the financial build-up of resource and lump sum pricing items for prospects where required

Provide ad-hoc reporting and reconciliations as required

Key Competencies

Mandatory Skills

• Excellent communicator – know your audience
• Problem solver – identify weak links and work to rectify/improve
• Work ethics – works to high standards and is a completer finisher
• Strong analytical skills- analytical approach to raise right questions and find solutions

Desired Skills

• Construction and consultancy experience is preferred
• Experienced user of Microsoft Office – particularly intermediate to advanced level in Excel, Word, PowerPoint and Outlook
• Previous exposure to Oracle or similar project reporting systems is preferred
• CA/ MBA-Finance/others with 5-7 years of experience in a Commercial/Project finance environment
• Bachelor’s Degree in Business Administration, Engineering, Management, or Finance

BGV

Employment with WSP India is subject to the successful completion of a background verification (“BGV”) check conducted by a third-party agency appointed by WSP India.

Candidates are advised to ensure that all information provided during the recruitment process — including documents uploaded — is accurate and complete, both to WSP India and its BGV partner”.