Project Financial Controller

De Nora is an Italian multinational company, listed on the Euronext Milan stock exchange, a global provider of innovative technologies and solutions, and is recognized as a partner of choice for significant industrial electrochemical processes. Since its foundation in 1923, De Nora has been driven by the philosophy of continual improvement. Today, it is the world’s largest supplier of high-performing catalytic coatings and insoluble electrodes for electrochemical and industrial applications. It is also a leading supplier of equipment, systems, and processes for water disinfection and filtration. De Nora is committed to developing unconventional solutions to achieve the energy transition to decarbonization, the green hydrogen economy, and clean water for everyone.

Watch the video to discover more: https://youtu.be/vmkv0tuQvKc

For our De Nora Water Technology Business Unit, leading provider of equipment, systems, disinfection, and filtration solutions for water and wastewater treatment, Milan office, we are looking for a Project Cost Controller, who plays a crucial role in ensuring that engineering projects are completed within established cost limits and that financial resources are used efficiently and effectively.

The role ensures the provision of all Cost Control functionality on the project including budget set up, updates and monitoring, change management, variation estimating, cost reporting, risk contingency and management as well as all forecasting activities.

Main Objectives Of The Role

From a controlling perspective follow the entire life of the entity projects from the quotation phase to the project set-up in SAP (Definition Revenue Recognition Scheme, Project builder and Sales Order, Billing Plan), to the execution, up to the closure of the warranty period,

Support month-end processes: closing and forecasting.

Core Activities

• Lead Monthly Project Review: together with the Execution Team look over:
• the actual progress of project compared with previous forecast and expectations,
• the evolution of contract value (VO),
• the evolution of estimated costs at completion (Increases or savings on the original Costs Budget),
• any other risks and opportunities (Specific Warranty Costs, LDs, etc).
• Follow-up the issuance of project invoices according to the Billing Plan,
• Follow-up project cash collection and the respect of month project cash-in target.

Other Activities

• Project Margin Evolution Analysis,
• Calculate Agent’s commission and validate commissions payments,
• Calculate Project Warranty Provision,
• Calculate any other Project Specific Risk,
• Projects Balance Sheet Review.

Requirements

• Master Degree in Economics or Management Engineering,
• At least 5 years as Project Cost Controlling / Controlling,
• Deep knowledge of:
• MS Office (Project included),
• Outlook,
• Knowledge of SAP Project System,
• ISO 9001-2015 quality system. Familiarity with EHS regulations,
• Fluent in English, both written and spoken

We are an Equal Opportunity Employer and take pride of our diverse and inclusive environment. We aim to attract and recruit individuals with diverse backgrounds, skills, and abilities, who will enhance the quality of our products and services and contribute to the Group’s success. We are committed to prioritize talent, make people feel respected, appreciated, and free to fully express their potential.