Location:
Singapore, Central Singapore, SingaporeJob ID:
R0053802Date Posted:
2024-06-13Company Name:
HITACHI ENERGY SINGAPORE PTE. LTD.Profession (Job Category):
FinanceJob Schedule:
Full timeRemote:
NoJob Description:
Hitachi Energy's Grid Integration business unit has delivered more than 4,000 projects over the last 15 years. Our Grid Integration portfolio spans a wide range of transmission and substation applications, which facilitate reliable and efficient system integration of the future digital electric network with minimum environmental impact. We incorporate the integrated systems, solutions and services of our business' DC and AC fields, including HVDC, Substations, FACTS, Grid and Power Quality solutions such as offshore wind connections, and Semiconductors. We offer Power Consulting for key segments in the energy system, such as renewables, transmission distribution and as well as e-transportation solutions.
We are seeking for a Regional Tender Controlling Manager - APAC to join our dynamic finance team. You will collaborate closely with various departments to provide insightful financial analysis and support strategic business decisions.
This role primarily be the business partner to the Project Manager/Tender Manager, responsible for all financial and commercial matters and actively driving the tender’s performance and be involved with multiple medium-sized project/tender or to a single large project/tender.
Bring your passion, bring your energy, and be part of a global team that appreciates a simple truth: Diversity + Collaboration = Great Innovation.
How you'll make an impact
You will review and take joint responsibility with Tender Manager on financial, commercial and tax aspects. Ensures that tender calculation is done correctly, prepares cash-flow and exposure curve. Participates or provides input to negotiations on contractual terms and conditions (clients, consortia, subcontractors, suppliers). Participates and provides input in local risk review process.
You will prepare a Project Financial Execution Plan (as part of an overall Project Execution Plan covering all financial, commercial and tax aspects such as permanent establishment, revenue recognition methods, billing plan, payment securities, consortium administration, import duties and VAT, etc.). Establishes the process project invoices, manages currency risk, tax issues, bonds and guarantees, financial accounting and reporting (including project site accounting), drives and seeks for optimization of project cash flow, revenues and GM contribution together with Project Director.
You will monitor and review, establishes project governance process. Participates in opportunity/risk identification, ensure that all required mitigation actions are timely implemented. Ensure that all financial aspects of the project including estimate at completion and related cost-to-complete, forecasted revenues and Cash Flow, Risks and Opportunities assessment and ensure alignment with other functions including Project Controls, planning/scheduling and are set up before project commencement.
You will promote commercial awareness in the project team and provides commercial input to the project execution plan (such as T&Cs in supply management, claims, back-to-back conditions). Ensure that the Project will be able to drive claim management, back-charges and insurance cases and monitors the proper follow up together with the Contract Manager/Project Manager upstream (towards customer), side-stream (towards consortia partner) as well as downstream (towards suppliers).
You will follow up on any internal project audit reports and ensures timely implementation of all required actions related to tenders. Is responsible for adherence to: corporate governance, integrity, assurance, internal control, group charter, business specific finance directives and instructions.
You will drive setup and closure of permanent establishment and branch offices where required for the project. Is responsible jointly with the Tax function for timely filing of fiinancial/tax reports of project branches and actively involved in development of tendering competency both in controlling & across the organization.
You will be responsible to ensure compliance with applicable external and internal regulations, procedures, and guidelines
Living Hitachi Energy's core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues and the business
Your background:
You hold a bachelor’s degree in electrical or electronics engineering.
Minimum 10 years of experience in the required field and industry is preferred.
Skilled in Sales and Marketing for HV/MV Solutions or Products, Business Development.
Ready to travel for business trip
Proficiency in business level in verbal and written English.
More about us:
At Hitachi Energy, we believe in fostering a collaborative and inclusive work environment. We offer opportunities for growth and development, ensuring our team members can thrive and achieve their career goals. Join us and be part of a company that values innovation, excellence, and teamwork. We pride ourselves on offering a holistic range of competitive benefit programs to support your financial, physical and mental wellbeing and personal development. We want you to truly thrive with us – in work and out.
For this role, depending on grade and experience, we offer the following employee benefits:
Employer-sponsored medical plan (inc. dental care and optical).
Central Provident Fund (CPF).
Group Term Life insurance, Group Personal Accident insurance, Group Business Travel insurance.
Hospitalization Insurance.
Leave programs (Annual leave, medical leave, Hospitalization leave, Exam leave etc.).
*Benefits are subject to the respective plan rules.
We can provide more information during the recruitment process.