Senior Project Controller

Join Xylem in the global mission to #LetsSolveWater! As a leading water technology company with 23,000 employees operating in over 150 countries, Xylem is at the forefront of addressing the world's most critical water challenges. We invite passionate individuals to join our team, dedicated to exceeding customer expectations through innovative and sustainable solutions. Position Summary Xylem seeks a Senior Project Controller for Industrial Environmental Technologies. The individual in this position is responsible for providing support for the large capital project business and will be required to perform semi-complex, complex duties assisting the project managers and ensuring revenue recognition is in compliance. Core Responsibilities and Tasks Review new project orders and ensure all approvals have been received before entering/setting up the order in SAP Understand key contractual terms of the projects (i.e. warranty terms, invoicing requirements, liquidated damages, bond requirements, etc.) Ensure SOX compliance of all project related controls Assist project managers with updating project information, including project cost and change order claims, project schedule changes, and milestone updates to ensure the project data is kept accurate and up to date in SAP Understand the theory and practice of percentage of completion and completed contract accounting Update and distribute project review reports and coordinate/participate in monthly review meetings Develop close working relationship with project managers; educate and provide financial guidance as necessary; drive compliance by ensuring project cost estimates are updated timely Assist project managers with analyzing the costs and variances on their projects Work with project managers to develop quarterly sales and gross margin forecasts (followed by monthly updates); help ensure those commitments are met Work with project managers to prepare variance analyses Assist project managers with the preparation of risk registers (outlines the driver for contingencies) Monitor Revenue in Excess of Billings and Completed Contract WIP balance sheet accounts to ensure projects are being invoiced timely Monitor past due accounts receivable and work with project managers to resolve project issues that may be holding up payments; contact customers as necessary Assist with internal/external audit requests Continuously drive process improvements Assist with other activities as requested Learn the new revenue recognition rules and ensure compliance Help develop reports to track and measure key metrics as established by the business segment Understand the cost flow at the various supporting factories to ensure forecasting is accurate and to help drive results Position Requirements Bachelor's degree required; must have fundamental accounting/financial knowledge 5-8 years of financial analysis experience Extensive working knowledge of ERP systems required; SAP experience preferred Experience with Microsoft Office Software in a highly complex environment; Intermediate to expert level Excel skills required Excellent oral and written communication skills Strong problem solving, quality assurance, and interpersonal skills Ability to work well under pressure in a dynamic team environment Self-motivated Detail-oriented with strong organizational skills and a high degree of accuracy and quality in work #LI-JO2 Salary range: $70,500.00 - $126,500.00 Join the global Xylem team to be a part of innovative technology solutions transforming water usage, conservation, and re-use. Our products impact public utilities, industrial sectors, residential areas, and commercial buildings, with a commitment to providing smart metering, network technologies, and advanced analytics for water, electric, and gas utilities. Partner with us in creating a world where water challenges are met with ingenuity and dedication; where we recognize the power of diversity, equity and inclusion in driving innovation and allowing us to compete more effectively around the world. At Xylem, you'll not only contribute to solving water issues but also have the chance to make a difference through our paid Volunteer Program, Xylem Watermark. We embrace diversity and prioritize our employees' well-being through our DE&I initiatives and Employee Resource Groups (ERG). Proud to be an Equal Employment Opportunity (including disability and veterans) and Affirmative Action workplace, Xylem fosters an inclusive environment free from discrimination or harassment. Please note that the information in this job description outlines the general nature of the position and is not an exhaustive list of duties. Xylem is dedicated to providing reasonable accommodations to enable all employees to perform their essential job functions. We reserve the right to modify this job description and assign additional duties as needed. Embrace the opportunity to be part of Xylem's transformative journey in shaping the future of water technology! #XylemCareers #GlobalImpact #WaterInnovation

Created: 2024-11-05