Economic Controller for Program Management

Description

Job Summary: Professional responsible for establishing and controlling the economic plan of industrial projects, analyzing variances, and managing risks. Key Highlights: 1. Over 3 years of experience in economic control of industrial projects. 2. Fluent English and preferably advanced French. 3. SAP CO/PS, advanced Excel, and knowledge of IFRS 15. **Core Functions and Responsibilities** * Establish the project economic plan: initial budget (WBS/BoQ), target profitability and risks & opportunities, billing milestone schedule, cash flow, and working capital requirements. * Conduct monthly monitoring: incurred cost vs. budget (materials, labor hours, subcontractors), calculation of % progress and revenue recognition (PoC/IFRS 15\) where applicable. * Variance analysis: root cause (productivity, scope, mix, exchange rate), corrective actions, and forecast to completion (EAC). * Risks and opportunities: quantified matrix (probability/impact), contingencies and provisions, tracking of claims/VOs and their financial impact. * Support to Program Manager/PMO: participation in project reviews, change control, economic evaluation of engineering/industrialization decisions. * Contract & supplier control: financial review of critical contracts, payment/revenue milestones, penalties, LCs/guarantees. * Executive reporting: KPIs (EBIT per project/batch, project working capital, EAC variance), quarterly forecast, and 12-month rolling forecast. * Compliance and audit: evidence of controls, support to auditors, alignment with corporate policies. * Continuous improvement: standardization of templates, automation of reporting, cost models, and industry best practices. **Performance Indicators (KPIs)** * Project margin variance vs. budget (pp). * Forecast accuracy (revenue/margin/cash) at 3- and 6-month horizons. * Reporting cycle time (project close-out). * % of materialized risks vs. plan / recovery from claims. * Working capital compliance. **Minimum Requirements** * **Education:** Degree in Business Administration/Economics or Industrial Engineering, plus a postgraduate degree in Finance/Controlling. * **Professional Experience:** Over 3 years in economic control of industrial projects (railway, automotive capital goods, energy, construction, aerospace). * **Languages:** Fluent English required; advanced French preferred. * **Competencies/Skills:** Business orientation, collaboration with Program Managers and core team, ability to challenge constructively, data-driven decision-making, clear communication with engineering/operations teams. * **Travel:** Willingness to travel. **Additional Requirements** * **Software Knowledge:** Industrial ERP (SAP **CO/PS** highly valued), project controlling, BW/Analytics; advanced Excel (PowerQuery/PowerPivot). * **Knowledge Areas:** Industrial cost accounting, progress measurement methods (EV/PoC), IFRS 15, supply/subcontracting contracts, risk management, change control. * **Key Competencies** + Strong analytical capability. + Results- and profitability-oriented mindset. + Communication with technical and finance teams. + Risk management and problem-solving skills. + Ability to work under pressure and handle large volumes of information.