Project Controller

The Project Controller is part of the regional Project controlling team and reports to the regional Head of Project Controlling and Administration. Project Controllers work with Project Managers to minimize commercial risks on projects and maximize revenue and cash flow. This role is responsible for project financials, including contract review, quality assurance of project accounting, expenditure coding, revenue recognition, and WIP. This person will contribute to a culture of being accountable and taking responsibility. This position will be located in our Houston, TX office, presenting a dynamic hybrid schedule where employees will typically spend three (3) days per week working from either a DNV office or client location/site. Further details regarding role-specific requirements will be shared during the interview process. What You'll Do Monitors, reports, and advises on project financial status Proactively initiates timely & accurate invoicing according to customer contract and in line with agreed global procedures Acts as a business partner for Project and Line Managers by leading regular financial reviews of projects and portfolios of projects. Ensures revenue is recognized on project in line with IFRS 15 principles (such as POC and time and material principles) and project accounting principles (matching & accruals principles as well as correct revenue recognition with accurate profit margin recognition through life of project). Analyze and challenges input from Project Manager and Line Management where necessary. Including pro-active follow up with PMs on needs for change orders on projects. Conducts monthly review meetings with all PMs to support their management of the project. Perform initial review of expenditure detail, initiate and document PM review, direct Project Administrators to revise. Manage or assist with project financial records. Pro-actively monitor projects for completion and close in a timely manner. Monitors WIP to ensure future collectability and pro-actively take actions to minimize. Analysis of projects for high-risk items and informing business controllers where necessary. Follows up on key operational processes in business such as missing timecards Supports PMs and staff with basic financial queries and increasing awareness of commercial topics on projects. Maintains records of work performed on projects to allow for follow up by Business Controllers or GSS Quality assures all accounting transactions and documents timely, in compliance with company guidelines to include Chart of Authority, to ensure that the financial information is reliable. Financial check of projects during closing phase to balance review with invoices values and check for any write-offs or windfalls. #J-18808-Ljbffr DNV GL, USA