Job Description

A new opportunity has arisen for a skilled Commercial Finance Manager like you, to oversee and bring expertise to our team.Rolls-Royce Power Systems is headquartered in Friedrichshafen in southern Germany and employs around 9,000 people. The product portfolio includes mtu-brand high-speed engines and propulsion systems for ships, power generation, heavy land, rail and defence vehicles and for the oil and gas industry as well as diesel and gas systems and battery containers for mission critical, standby and continuous power, combined generation of heat and power, and microgrids.At Rolls-Royce, we look beyond tomorrow. We continually pioneer integrated power and propulsion solutions to deliver cleaner, safer and more competitive power.Key Responsibilities:Strategic Business Partnering:Act as a strategic advisor to the business, providing financial insights and recommendations that drive business decisions and project outcomes.Collaborate with business leaders to identify opportunities for growth, margin optimization, and efficiency improvements across projects.Lead financial discussions in business development meetings, ensuring alignment of project goals with overall business strategy.End-to-End Project Financial Governance:Develop and implement financial governance frameworks for project management, ensuring compliance with internal policies and external regulations.Oversee the financial lifecycle of projects from initiation to closure, including budget approval, funding, cash & cost control, and final financial reconciliation.Establish and monitor financial metrics for project performance, ensuring early identification of potential financial issues.Advanced Risk Management:Enhance the risk management process by integrating financial risk assessments into project planning and execution.Collaborate with the project management team to develop and implement mitigation strategies for identified financial risks.Regularly review and update risk management plans based on project progress and changes in external conditions.Currency Risk Management:Implement and manage currency hedging strategies to mitigate the impact of foreign exchange fluctuations on project costs and profitability.Regularly assess currency exposure and collaborate with the treasury team to execute appropriate hedging instruments, ensuring financial stability throughout the project lifecycleFinancial Scenario Planning and Analysis:Lead financial scenario planning for major projects, evaluating the potential financial impact of different project decisions and market conditions.Develop financial models to assess the viability and profitability of new project initiatives or changes in project scope.Provide detailed analysis of financial variances and recommend corrective actions.Continuous Improvement and Process Optimization:Drive continuous improvement initiatives focusing on streamlining financial processes related to project management.Facilitate cross-functional collaboration to identify and implement process improvements that enhance financial performance and project outcomes.Stakeholder Communication and Reporting:Enhance communication with stakeholders by providing clear, concise, and actionable financial reports that align with business objectives.Lead the preparation of financial presentations for management, highlighting key financial insights and recommendations.Requirements:Experience in working in high paced, global, matrixed industrial organizationsExtensive and proven ability to work in various functions of Finance, Accounting and Business Strategy.Excellent knowledge of project management, financial systems (eg: SAP)Experience in working with global project-teamsKnowledge of power solution industry is an added advantageSkills and personal attributesBachelor or higher in Business Administration/Financial equivalent professional certificationAt least 3 years of working experience in project controllingProficient in in SAP, MS Office and BI toolsFluent in EnglishUnderstand Asian cultural differences and business practices and can resolve conflicts effectivelyAble to multi-task and manage projects simultaneously. An extremely resourceful person.Good team player with excellent written and verbal communication skillsFlexible to travel on business requirementsWe offer excellent opportunities to develop, along with a competitive salary and exceptional benefits.Pioneer optimum performanceJoin us and you\xe2\x80\x99ll develop your skills and expertise to the very highest levels, working in an international environment for a company known the world over for brilliance and innovation.Our People are our PowerWe are an equal opportunities employer. We\xe2\x80\x99re committed to developing a diverse workforce and an inclusive working environment. We believe that people from different backgrounds and cultures give us different perspectives. And the more perspectives we have, the more successful we\xe2\x80\x99ll be. By building a culture of respect and appreciation, we give everyone who works here the opportunity to realise their full potential. You can learn more about our global Inclusion strategy .Rolls-Royce follows a merit-based employee recruitment process and does not charge/accept any payment/security deposit from candidates during the recruitment process. Candidates seeking employment with Rolls-Royce should be cautious of potentially fraudulent communications and offers from individuals and agencies purporting to be from, or acting on behalf of, Rolls-Royce.Please refer to the Career section on the Rolls-Royce website to verify employment offers or vacancies. Rolls-Royce shall not be liable for any loss, damage or consequences that may arise from any communication or offer of employment not directly made by Rolls-Royce.Rolls-Royce reserves the right to take legal action against any individuals or agencies acting on behalf of Rolls-Royce without authorisation.Job CategoryCustomer Account ManagementPosting Date29 Aug 2024; 00:08

Rolls-Royce