Job Information
Wabtec Corporation Project Controlling Manager in Duncan, South Carolina
Wabtec Corporation is a leading global provider of equipment, systems, digital solutions and value-added services for freight and transit rail. Drawing on nearly four centuries of collective experience across Wabtec, GE Transportation and Faiveley Transport, the company has unmatched digital expertise, technological innovation, and world-class manufacturing and services, enabling the digital-rail-and-transit ecosystems. Wabtec is focused on performance that drives progress, creating transportation solutions that move and improve the world. Wabtec has approximately 27,000 employees in facilities throughout the world. Visit the company’s new website at: http://www.WabtecCorp.com .
It’s not just about your career… or your job title…it’s about who you are and the impact you are going to make on the world. Do you want to go into uncharted waters…do things that haven’t been done to make yours and someone else's life better? Wabtec has been doing that for decades and we will continue to do so! Through our people, leadership development, services, technology and scale, Wabtec delivers better outcomes for global customers by speaking the language of industry.
WABTEC PASSENGER TRANSIT- DUNCAN, SOUTH CAROLINA
Role Name: Project Controlling Manager
Functional Relationship: Finance
Project Controlling Manager reporting to the Site Financial Director and dotted line to the Product Line Project Manager Director.
Must retain independence to challenge cross-functionally.
JOB REQUIREMENTS:
Accounting degree from an accredited college/university with demonstrated experience understanding complex and discrete project manufacturing including revenue recognition, strong Excel skills with advanced Pivot Table knowledge, and depth to understand and apply long term contract accounting. Strong interpersonal and presentation skills to interface with a broad range of audiences.
ROLE SUMMARY
Single point of contact for all financial issues relating to the WPT project portfolio supporting the OEM Brakes and Coupler product line worth $80M annually, and 40+ projects at different phases. Provides all required financial information about the entire project portfolio, with the assessment and identification of risks and opportunities early on with measurement of the financial impact. Proactively follow and challenge the CMIP forecast and provide monthly updates to the internal WPT leadership team as well as the Global Product Line Finance Leadership Team.
Proactively follow and challenge the project cash flow.
Co-pilot to the Project Manager Director/ Team to assure focus on the achievement of the financial goals of the project.
FUNCTIONAL DUTIES:
Supervise team of 2-3 Project Controllers
Partner with all Internal Functions to lead cost saving activities to improve overall project margins
Partner with PM in negotiations on change orders, spares and options, and claim calculations (both offensive and defensive).
Partner for insurance, auditors (internal and external), consortia partners and internal partners in all commercial affairs.
Make financial situation transparent to the Project Core Team, including current status and alternative scenarios.
Perform bottoms up analyses and provide proposed project EAC adjustments as a joint effort together with the Core Team members, ensure its reliability and support PM in EAC evolution analysis
Review and approve all monthly project journal entries
Review and report all CMIP activities on a monthly basis; maintain sharepoint file month over month for variance control
Partner with WPT PMO team to standardize PPR process and reporting
Partner with WPT PMO team and Project Management Director to develop PPR annual calendar
Review and Analysis of variances between Budget, Forecast and Actual figures and comment on them in monthly Reporting – especially Sales POC, Margin and Free Cash flow
Lead and track project related savings activities
Assist in the annual budgeting process
Assist in the monthly forecasting process
Control of Warranty Provisions to the end of the project; monitor and track costs to come for active project including PMIs and any known retrofits
Coordinate commercial affairs of internal partners, i.e. check of inter-company Sales and Purchases (Siscos matching)
Provide input parameters for Bid Approval Process and support tender activities for variation orders
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Wabtec Corporation is committed to taking on the world’s toughest challenges. In order to fulfill that commitment we rely on a culture of leadership, diversity and inclusiveness. We aim to employ the world’s brightest minds to help us create a limitless source of ideas and opportunities. We believe in hiring talented people of varied backgrounds, experiences and styles…people like you! Wabtec Corporation is committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or expression, or protected Veteran status. If you have a disability or special need that requires accommodation, please let us know.
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