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Project Financial Analyst Internship

2 weeks ago

SaintLaurent, Canada ABB Full time

**Project Financial Analyst Internship**:
**At ABB, we are dedicated to addressing global challenges. Our core values: care, courage, curiosity, and collaboration - combined with a focus on diversity, inclusion, and equal opportunities - are key drivers in our aim to empower everyone to create sustainable solutions. Write the next chapter of your ABB story.**:
**This position reports to**:
Local Division Controller - ELDS

**Your role and responsibilities**:
The Project Financial Analyst will assist the Project Managers with their projects’ financials during the execution phase. The PFA (Project Financial Analyst) has to maintain accurate planned costs in SAP, update them if needed after the project review and inform the PM about any important observed deviation. The PFA will also contribute to the forecast that is needed by the Local Division Controller by maintaining the correct revenue dates in SAP and by trying to reflect the most accurate backlog gross margins after gathering that information from the Project Managers. Other tasks include revenue recognition, sales/billing in excess, GR/IR, provisions and accruals. - Prepare project invoices and financial accounting and reporting documents, including project site accounting. - Drive revenues and project cash flow in assigned projects, seeking optimization. - Ensure the accuracy of project balance sheet, income statement, cash flow, and monthly/quarterly forecasts. - Oversee currency risk in project cash flow and implement/suggest appropriate mitigation measures. - Support the Project Manager in coordinating and preparing project reviews, cost reports, claim management, back-charges, and insurance cases. - Assist the project team in identifying risks and opportunities, ensuring adherence to ABB’s corporate governance, assurance, internal controls, and business-specific finance directives and instructions. - Support the project team and Tender Manager in all financial and commercial aspects of the tender process.

**Qualifications for the role**:

- Enrolled in a relevant academic program (e.g., Finance, Accounting, Business Administration).
- Strong analytical and financial skills.
- Basic understanding of project management principles.
- Ability to work collaboratively in a team environment.
- Demonstrated interest in financial analysis and operational excellence.

**More about us**: