Financial Controller - Madrid, España - Eductrade SA

Descripción

Eductrade is a company that specializes in the comprehensive development of projects in the fields of health, education, and other social sectors that contribute to well-being.

We are a leading international company capable of providing clients with the best technical and financial solutions. Our services encompass the design, management, execution, administration, and financing of complex supply and service contracts.

These contracts often require comprehensive treatment and are commonly referred to as "turnkey projects." We undertake these projects both on our own, and on behalf of third parties.

**Description: The Financial Controller is responsible for overseeing the financial activities of the International Consultancy Department.

Her/his role will involve the following responsibilities:

Financial Reporting:
The Financial Controller is responsible for preparing and presenting financial reports, statements, and analyses. This includes ensuring that the reports are accurate, timely, and in compliance with relevant regulations and standards.

• Ensure that the financial monitoring tools are correctly used and up to date.
• Prepare monthly reporting on the cost incurred/turnover for each project, to follow up the cash flow of the department.
• In coordination with the Head of Project Management, contribute to the continuous maintenance of the Master Table, by revising and coordinating the inputs inserted by the PM team from the Base of Operations of the Project.
• Support the Head of Project Management in developing and updating a comprehensive dashboard which shall integrate the information (KPIs, overheads, cost allocation) of all the Projects of the Department.

Budgeting and Forecasting:
The Financial Controller is responsible for developing and managing the project's budget and forecasting processes.

This includes working with PMs to set budgets, monitoring spending throughout the life of the projects, and updating forecasts as needed.

• Checking the project budget estimate from project directly prepared by the Business Development teams.
• Approval of invoices, proforma, issue of customer invoices, validation of invoice costs.
• Prepare the payment list and order payments according to the available cash flow with the Head of Project Management.
• Once the PM Team prepares the relevant documentation at the Base of Operations of the Project, detect any ineligibility in the management of incidental expenses and the administrative approval process, inform the PM and propose/implement measures to avoid ineligibility.
• Prepare invoices related to the projects (also when Eductrade is a partner) and ensure that they are invoiced on time.
• If necessary, contribute to the preparation of the tender budget in conjunction with the discussion of the operations and the implementation of the future project.

Internal Controls:

The Financial Controller is responsible for developing and implementing internal controls to ensure the accuracy and integrity of the projects' financial records.

This includes ensuring compliance with accounting standards and regulations of the donors Eductrade is working for and overseeing the implementation of financial policies and procedures.

• Regularly review the financial aspect of projects to ensure accounting completeness and optimize margins through a proper management of the accounting.
• Ensure that appropriate financial control is exercised in your projects and ensure that the PMs provide financial control.
• Ensure and monitor that projects and their budgets are up to date.
• Support the team in charge of the implementation of the new ERP on the definition of the financial control tool to monitor projects.

Audit:
The Financial Controller is responsible for managing the projects audit process.

This includes working with auditors to ensure that financial records are accurate and complete, and addressing any issues or concerns that arise during the audit process.

• Define the schedule for the project audits in agreement with the head of project management, project managers and project auditors.
• Oversee that all audits are prepared on time with the expected level of quality.
• Ensure that adequate internal control and checklists/procedures are in place to facilitate the preparation of project audits.

Closure of the accounting year:
The Financial Controller will oversee the organization of accounting closure of the Department.

• Prepare documentation for the preparation of the annual accounts of the Department.
• Be a point of contact between the international consulting department and the finance department.
• Teamwork
• Work closely with other members of the financial department.
• Coach, support and advise junior colleagues on procedures and monitoring.
• Provide a high level of service within the departments
• Field assignments in some of the countries where projects are implemented.

**Requirements: - 6 to 10 years of relevant professional experience in s