Nokia Jobs Project Finance Controller

January 8, 2017 admin

Nokia Jobs Project Finance Controller: Nokia is a global leader in the technologies that connect people and things. With state-of-the-art software, hardware and services for any type of network, Nokia is uniquely positioned to help communication service providers, governments, and large enterprises deliver on the promise of 5G, the Cloud and the Internet of Things. Serving customers in over 100 countries, our research scientists and engineers continue to invent and accelerate new technologies that will increasingly transform the way people and things communicate and connect.

General Purpose

Conducts and develops overall planning process activities for a specific area based on organisational needs and analyzes results. Ensures high quality levels in the reporting process.

Main Responsibility Area

Performs overall planning process activities for a specific area. Is responsible for analyses, simulation models, tools and templates to support planning. Manages and continuously improves the reporting process, analyzes the results available to support decision makers. Supports and challenges the organisation in financial and business performance related issues.

Position Description

Responsible for accurate, timely and quality periodic reporting data, analysis and planning of project related financials (sales, costs, gross margin, inventory, receivables,resource planning) across all BG’s and BL’s

Ensures compliance with NSN financial policies, instructions, guidance, processes, tools,accounting principles and internal controls in the project

Sets up, coordinates and maintains accurate demand and financial planning of the project in the appropriate tools.

Proactively monitors and controls the financial and operational performance of projectagainst plan in cooperation with GS CPM. Applies official Customer Operations (CO) and Global Services (GS) KPIs and develops any other KPI’s or measurement methods needed to control the project.

Identifies and flags risks impacting project margin and actively contributes to risk mitigation, proposing corrective actions including accrual bookings and needed provisions

Provides project financial and progress analysis to COM/ PM / CaPM/ MS Operations Manager, Customer Business Controller, in cooperation with GS CPM, to support CT and project team in decision making and to trigger action to manage variances against the cost baseline

Responsible for cost of sales and revenue recognition accuracy by aligning with logistics and GS CPMs

Supports the Customer Business Controller in preparation of RRB materials. Understands the applied revenue recognition method.
Responsible for correct order, invoicing and inventory data by aligning with logistics
Coordinates system setups together with Customer Business Controller, Logistics and

GS CPMs at the beginning of the project to ensure system structure enables full transparency and control. Coordinates required system set up maintenance during project and system closing activities at the end of the project.

Provides information on NSN system capabilities to support various business models during tendering

Prepares audit evidence to ensure internal control compliance in conjunction with Customer Business Controller

Expected to initiate clean-up of legacy balances and propose solutions to prevent unnecessary bloating of balance sheet
Visit Customer for follow-up on cash collection and maintain internal database for easy tracking of invoice status
Expected to initiate clean-up of legacy balances and propose solutions to prevent unnecessary bloating of balance sheet
Visit Customer for follow-up on cash collection and maintain internal database for easy tracking of invoice status
Identifies and flags risks impacting project margin and actively contributes to risk mitigation, proposing corrective actions including accrual bookings and needed provisions
Assists GS team during the PTA process and ensure all contractual scope and associated risk are clearly documented during the sign off.

Position Requirements

Finance Degree holder
Background of business controlling or management accounting (preferably CO)
Strong and assertive personality
Good communicator and enthusiastic team player
Able to manage multiple CTs task w/o impacting quality of work
Adaptive, flexible to new/changing organization and new cultures, manage to operate in a less structured environment
Ability to motivate, lead and control
Strong analytical skills, target oriented, able to prioritize Apply