PUNE, MAHARASHTRA, India
21 hours ago
Assistant Manager I Project Cost Controller

Job Summary:

If you are aspiring to be a Finance Project Cost controller for a business that implements global projects and is growing rapidly, we have a role for you !If you like to work closely with project managers and other stakeholders to track actual costs, compare them to the planned budget, and implement corrective actions whenever necessary and can manage internal & external partners well with effective communication skills, we have a role for you!

In this Role, Your Responsibilities Will Be:


Project Setup Review:

Review Sales handover file  Validate customer Purchase Order along with T&C against Emerson Proposal, Identify gaps if any and report to relevant stakeholders.  Review proposal checklist and clear for Sign-off Responsible for Management Fund Approval for approved changes on projects. Prepare the Project Information Report for order entry into business systems and validated order once booked in business system (Oracle) Consolidate and maintain a central repository of project data obtained from Project Managers and Suppliers.

Financial Monitoring:

Review Invoice Schedule for projects and ensure all invoices are raised on time Perform revenue recognition exercises in the system. Monitor project(s) financial health (GP tracking, negative ETC) and report to relevant stakeholders. Perform reconciliations between PA & GL for control accounts to resolve discrepancies. Responsible for monthly, quarterly, and annual actual financial closing and conduct month-end checks (EAC movements, Loss Accruals, Cost Corrections). Conduct POR Vs Actual Analysis and reporting. Lead the monthly reporting process, ensuring timely and accurate reporting of financial information to internal and external customers. Prepare records required to ensure correct revenue recognition and project accounting. Prepare standard reports for the Front Office. Identify efficiency and operational improvements to provide better financial information and reporting to operational managers. Provide support for audit requests. Perform reconciliations between PA & GL and resolve discrepancies. Pre & Post Analysis of Project EAC and circulation of financial impact learnings out of it. Unbilled Revenue (UBR) & Unearned Revenue (UER) analysis & reconciliation. Passing Manual Journal entries for Project provisions (Negative ETC)

Change Management:

Update project change log Assist project manager in to Prepare Change Requests Acknowledge Change Order amendment requests and update project financials.

Reporting:

Projects Internal performance Reporting Customer Performance Reporting

Project Closure

Ensure administrative activities are completed after project completion Project Closure, Seller Contract Closure

Who You Are:

 You quickly and decisively act in constantly evolving, unexpected situations. You adjust communication content and style to meet the needs of diverse partners. You always keep the end in sight; puts in extra effort to meet deadlines. You analyze multiple and diverse sources of information to define problems accurately before moving to solutions. You observe situational and group dynamics and select best-fit approach.

For This Role, You Will Need:

Able to take accountability and owning accounting quality for financial reporting purposes. Working knowledge in Oracle with skills in adopting new technologies or applications Hands-on experience in ERP, MS Office, and reporting tools. Proficiency in MS Excel Power BI & related presentation tools. Self-starter, suggesting and implementing improvements to the processes Ability to work in a matrix organization with complex processes, systems and tools Strong numerical, analytical skills with accuracy along with communication skills Ability to handle large volumes of data and create dynamic management reports Great teammate who builds and maintains positive relationships with Team members Able to manage and schedule multiple priorities and meet deadlines

Preferred Qualifications that Set You Apart:

Chartered accountant Intern/ MBA finance with at least 4 to 6 years of experience in Project accounting. MNC experience preferred.

 Our Culture & Commitment to You

At Emerson, we prioritize a workplace where every employee is valued, respected, and empowered to grow. We foster an environment that encourages innovation, collaboration, and diverse perspectives—because we know that great ideas come from great teams. Our commitment to ongoing career development and growing an inclusive culture ensures you have the support to thrive. Whether through mentorship, training, or leadership opportunities, we invest in your success so you can make a lasting impact. We believe diverse teams, working together are key to driving growth and delivering business results. 

We recognize the importance of employee wellbeing. We prioritize providing competitive benefits plans, a variety of medical insurance plans, Employee Assistance Program, employee resource groups, recognition, and much more. Our culture offers flexible time off plans, including paid parental leave (maternal and paternal), vacation and holiday leave.

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