Financial Project Controller

Job Description

About NokiaAt Nokia we create the technology to connect the world. Developing and delivering the industrys only end-to-end portfolio of network equipment, software, services and licensing that is available globally. Through our research teams, including the world-renowned Nokia Bell Labs, Nokia is leading the world to adopt end-to-end 5G networks that are faster, more secure and capable of revolutionizing lives, economies and societies. Nokia adheres to the highest ethical business standards as we create technology with social purpose, quality and integrity. A truly global company, we are 160 nationalities working in more than 100 countries.General PurposeGBS FPC in the GBS Customer and Project Controlling organization is responsible for ensuring the quality of projects planned and reported financials, and applies financial skills to improve project performance in accordance with the Service Description and agreed targets.Act as business partner for the delivery team.GBS FPC is accountable for ensuring the highest standards of business controls, data integrity & ethics standard.Job DescriptionGBS Customer and Project Controlling organization is responsible for providing Project Controlling services including E2E controlling of selected customer project portfolio and the delivery of centralized project admin services.GBS Financial Project Controller is responsible for the following main tasks:During project set up:Coordinates system setups together with Delivery team (PM/PMO) at the beginning of the project to ensure system structure enables full transparency and control.Understanding principles around Revenue Recognition application.Support preparation of RRB materialDuring execution:Control & drive E2E project financials: revenue recognition, cost analysis, operating working capitalEnsure accuracy & transparency of project financials for actuals including non-recurrent itemManage & ensure completeness of closing activitiesCoordinates required system maintenance during project and system closing activities at the end of the projectCompliance:Ensures compliance with Nokia financial policies, instructions, guidance, processes, tools, accounting principles and internal controls in the project.Prepares audit evidence to ensure internal control compliance .Forecasting: Conducts reviews with delivery team to validate the E2E Project estimated-to-complete to ensure common understanding of project performanceProject Performance: Proactively monitors and controls the project financial performance partnering with delivery team ensuring full understanding of variance against sold based line & margin deviation root cause analysis.Risk management: In collaboration with the delivery team identifies and flags risks impacting project margin and actively contributes to risk mitigation, proposing corrective actions including accrual bookings and needed provisionsSupport translating operational events & risks into financial impactsDuring project closure: Coordinates required financial closing activities at the end of the project.Job Responsibilities & CompetenciesAt least 4-5 years of professional experience in Controlling at Multinational company (Telecommunication industry is advantage)Strong knowledge and experience in Financial Accounting, Planning, Reporting & Analysis, Controlling (Cash Flow, Receivables, Inventory Management, Revenue Recognition).Fluent command of business English (both written and spoken)Outstanding team player with excellent networking, communication skills having service oriented, remarkably pro- active mindset.Ability to work across boundaries and in virtual/cross-functional teamsGood presentation skills in both formal and informal settings & ability to interact with financial service recipientGood problem solving and analytical skills.QualificationsMasters degree in Finance, Economics or related disciplineWorking with us, you will have a positive impact on people s lives and help to overcome some of the world s most pressing challenges. We act inclusively and respect the uniqueness of people. At Nokia, employment decisions are made regardless of race, color, national or ethnic origin, religion, gender, sexual orientation, gender identity or expression, age, marital status, disability, protected veteran status or other characteristics protected by law. Nokia culture welcomes people as their true selves.,

Keyskills :
budgetingproject managementforecastinginvoicingvariance analysisenvironmental impact assessmentroot causecost analysisdata integrityproblem solvingreportinganalysis