Manager - Bids & contracts
In-person 路 Hyderabad, TS, IN... more
In-person 路 Hyderabad, TS, IN... more
Job Description
Job Summary:
Key Position in Finance team to handle the Bids & Contract position and also supporting Finance function on important activities.
To review and undertake analysis of Strategic approval mechanism (SAM) submissions, for renewals as well as new Projects and opportunities. To prepare, review and undertake analysis of Project Approval Review (PAR) submissions along with working on Financial Model for renewals as well as new Projects and opportunities. To optimize the Division鈥檚 allocation of funds with the goal of maximizing ROIC, cashflows and financial returns. To track, critically analyse and report the performance of new projects against their approved PAR through life cycle reports and review with Management team for improvement areas.
Responsibilities:
- To provide key inputs and verify that the details, estimates and assumptions (Commercial and Technical) contained within a SAM and PAR are accurate and that assumptions included within them are where applicable reviewed by competent individuals.
- Coordinates with the Operations, Commercial, Engineering, Financial and Legal teams to ensure that all necessary inputs into Project approvals are made, reviewed and documented.
- To ensure that the variable components contained within a PAR, which could have a significant detrimental impact to the outcome of a new project have been clearly identified through comprehensive risk analysis and sensitivity analysis.
- To prepare memorandums for approval to Division and Harsco leadership outlining the scope of a new project (PAR), the Capital Investment requirements and potential financial returns including Payback and ROIC.
- Review / modify the contract T&C from the Finance point of view & discuss with other departments if required.
- Establish KPI鈥檚 (financial and non-financial) for tracking the progress of actual performance compared to PAR approved assumptions and set up regular review meetings with key Management team to monitor new contract performance.
- Collect and analyze financial information related to the Site Financial performance analysis, seeking ways to improve financials and to decrease the cost of assigned departments and projects.
- Strong presentation skills can transform complex financial data into digestible insights. Enabling better comprehension and more informed decision-making.
- Help management make important decisions based on costs and benefits, involvement in the financial decision making for the Procurement activities.