Cfo / Project Co

**Description**

Hitachi Rail is a fully integrated, global provider of rail solutions across rolling stock, signaling, service & maintenance, digital technology and turnkey. With a presence in 38 countries across three continents and over 13,000 employees, our mission is to contribute to society through the continuous development of superior rail transport solutions.

**Job Title**

**Chief Financial Officer (CFO)**

Reporting To

Project Co Representative (CEO)

**Job Description**:
**1.**Implement effective Project Co financial controls and commercial management to maintain compliance with Project Documents.**:
**2.**Effect, control and direct necessary flow of funds to maintain compliance with Project Co’s obligations under the Project Documents, including (i) access to Project Co’s sources of capital (i.e. draws on senior debt capital, equity capital, Construction Period Payments, and the Substantial Completion Payment); (ii) access to Project Co’s operational sources of revenue (i.e. Monthly Service Payments Payments); and (iii) completing payments to commercial counterparts (i.e. Contracting Authority, Lenders (including hedge providers), Construction Contractor, Service Provider, other subcontractors of Project Co), in accordance with such relevant Project Documents.**:
**3.**Deliver timely and relevant information to the stakeholders as required, including Board, Lenders (including hedge providers), shareholders of Project Co, the Construction Contractor, the Service Provider and the Contracting Authority.**:
Principal Responsibilities

**1.**Lead all financial matters for Project Co, ensuring effective financial and commercial control and compliance.**:
**2.**Responsible for all accounting and financial reporting requirements for Project Co.**:
**3.**Single point of contact with Lenders (including hedge providers).**:
**4.**Single point of contact and contract administration for Project Co’s advisory appointments that relate to the function of the CFO, including: rating agencies, trustees, Lenders’ Technical Advisor, Lenders’ Insurance Advisor, Lenders’ counsel (in coordination with CCO), tax and accounting advisors and auditors.**:
**5.**Develop Board materials pertaining to financial reporting, attend Board meetings, and participate in Board level discussions regarding Project Co’s financial matters.**:
**6.**Understand the terms and conditions of the Project Documents to ensure a thorough understanding of sources of capital (debt and equity), revenue, and cost structure for Project Co and to ensure continued compliance with Project Documents in respect of financial matters.**:
**7.**Establish and maintain good relationships with the key stakeholders in Project Co, including: shareholders, Board, Contracting Authority, Construction Contractor, Service Provider, Lenders (including hedge providers), Project Co’s Management Team and Lenders’ advisors.**:
**8.**Assist in the development and implementation of a Risk Management System, in particular, identifying financial risks and implement action plans to mitigate risks.**:
**9.**Develop a thorough understanding of the Financial Model, ensuring understanding of key assumptions and sensitivities to shareholder returns and Project results.**:
**10.**Manage and review updates of the Financial Model with actual results, and any changes in forecast assumptions.**:
**11.**Develop and implement processes /systems for accounting and reporting Project Co’s business, including the monthly management accounts.**:
**12.**Complete the preparation of monthly finance reports for presentation to the Board, covering management accounts, compliance with Project Documents and highlighting all other key financial issues to the Board.**:
**13.**Provide input into monthly reports for presentation to the Board, covering key financial and commercial issues.**:
**14.**Prepare draft Project Co Business Plan, annual operating budget and annual rehabilitation budget, and seek corresponding approval(s), as required.**:
**15.**Manage all drawdowns from available sources of capital to meet Project requirements and in compliance with Project Documents.**:
**16.**Manage Project Co’s investments of account balances.**:
**17.**Ensure Project Co accounts maintain sufficient working capital balances.**:
**18.**Maximize shareholder returns and distribute promptly.**:
**19.**Ensure prompt payments of Project Co’s payment obligations under the Project Documents.**:
**20.**Ensure all information required by Lenders per Financing Documents is distributed on a timely basis and in accordance with the Financial Documents.**:
**21.**Prepare / review year end audit files, liaise with auditors and manage year end audit process.**:
**22.**Liaise with tax advisors, provide required information and manage the annual tax return submissions.**:
**23.**Provide timely and accurate financial information and reports to the shareholders in agreed format(s)**:
**24.**Manage Project