Analyst - Project Costing

Project Analyst 

Job Summary

If you are a Finance professional, Emerson has an exciting role for you! We are looking for a Project Analyst to work with our Financial Services Group in Pune.

We value autonomy, self-reliance, fast movers, a passion for robust and ability to maintained quality of financial reporting.

In This Role, Your Responsibilities Will Be:

• Manage the monthly reporting process, ensure timely and accurate reporting of financial information to internal and external stakeholders.
• Responsible for monthly, quarterly, and annual actual financial closes, meeting reporting deadlines and explaining variations. 
• Revenue & COS Recognition in Oracle system
• Control Account (WIP/UBR/UER) Reconciliations between PA(sub ledger) vs General Ledger
• Working on Various MIS Reports for finance stakeholder
• Interface with Business Unit Project Controller during month end close, explain and document P&L and balance sheet variances
• Prepare records required to ensure correct Revenue Recognition and Project Accounting
• Conduct month-end checks (EAC movements, Loss Accruals, Cost Corrections)
• Responsible for post month-end reports for local management 
• WIP analysis, UBR/UER bridge anlaysis,by project profitability 
• Projects maintenance responsibilities in Oracle, including:
• Perform timely closure of projects, including cost and revenue reconciliations and clearance of differences based on internal approvals prior to project closure 
• clearance of cost interface errors, PA module closure
• Generate project financial reports, including:

Noetix Master Data file including projects by customer and service type

Inception To Date (ITD) Invoice reports by project

Run Project Status Inquiry (Noetix & Oracle) and compile reports for period close 

Other invoice and expenditure inquiry reports as specified

• Project analysis in Oracle, including:

Review project budgets 

Review accuracy of information in project request forms and provide feedback to requestor

Regularly review accuracy and completeness of project costs and revenues 

Perform actual versus budget analysis of gross profit and order backlog by project. Explain and escalate variances 

• Identify efficiency and process improvements to provide better financial information and reporting to operational managers
• Provide support for internal and external audit requests
• Various ad-hoc projects as directed by Manager/Project Controller

Who You Are: 

You promote high visibility of shared contributions to goals. You quickly and significantly take action in constantly evolving, unexpected situations. You actively seek input from pertinent sources to make timely and well-informed decisions. You handle the risk that comes with moving forward when the outcome is not certain.

For This Role, You Will Need:

• Finance Professional with minimum 2/3year of work experience in FP&A Domain
• Hands on experience in ERP, MS Office, and reporting tools  
• Self-starter, suggesting and implementing improvements to the processes.
• Balance stakeholder, Situational adaptability, manages complexities & Manages ambiguity.
• Ability to think creatively, driven, and self-motivated. 
• Demonstrated ability to roll-up your sleeves and work with team members in a hands-on management capacity. 
• High standards of accuracy and highly organized. 

Preferred Qualifications that Set You Apart:

• Qualified Chartered Accountant, CMA
• Basic understanding of Accounting Principles and US GAAP
• Excellent written and verbal communication skills
• System Knowledge of Oracle, Hyperion Financial Management
• Power BI or related presentation tools  

Our Offer to You:

By joining Emerson, you will be given the opportunity to make a difference through the work you do.

Emerson's compensation and benefits programs are designed to be competitive within the industry and local labor markets. We also offer a comprehensive medical and insurance coverage to meet the needs of our employees.

We are committed to creating a global workplace that supports diversity, equity and embraces inclusion. We welcome foreign nationals to join us through our Work Authorization Sponsorship.

We attract, develop, and retain exceptional people in an inclusive environment, where all employees can reach their greatest potential. We are dedicated to the ongoing development of our employees because we know that it is critical to our success as a global company.

We have established our Remote Work Policy for eligible roles to promote Work-Life Balance through a hybrid work set up where our team members can take advantage of working both from home and at the office.

Safety is paramount to us, and we are relentless in our pursuit to provide a Safe Working Environment across our global network and facilities.

Through our benefits, development opportunities, and an inclusive and safe work environment, we aim to create an organization our people are proud to represent.

Our Commitment to Diversity, Equity & Inclusion

At Emerson, we are committed to fostering a culture where every employee is valued and respected for their unique experiences and perspectives. We believe a diverse and inclusive work environment contributes to the rich exchange of ideas and diversity of thoughts, which inspires innovation and brings the best solutions to our customers. 

This philosophy is fundamental to living our company’s values and our responsibility to leave the world in a better place.  Learn more about our Culture & Values and about Diversity, Equity & Inclusion at Emerson. 

If you have a disability and are having difficulty accessing or using this website to apply for a position, please contact: idisability.administrator@emerson.com.   

WHY EMERSON

Our Commitment to Our People 

At Emerson, we are motivated by a spirit of collaboration that helps our diverse, multicultural teams across the world drive innovation that makes the world healthier, safer, smarter, and more sustainable. And we want you to join us in our bold aspiration.

We have built an engaged community of inquisitive, dedicated people who thrive knowing they are welcomed, trusted, celebrated, and empowered to solve the world’s most complex problems — for our customers, our communities, and the planet. You’ll contribute to this vital work while further developing your skills through our award-winning employee development programs. We are a proud corporate citizen in every city where we operate and are committed to our people, our communities, and the world at large. We take this responsibility seriously and strive to make a positive impact through every endeavor.

At Emerson, you’ll see firsthand that our people are at the center of everything we do. So, let’s go. Let’s think differently. Learn, collaborate, and grow. Seek opportunity. Push boundaries. Be empowered to make things better. Speed up to break through. Let’s go, together.

ABOUT EMERSON

Emerson is a global leader in automation technology and software. Through our deep domain expertise and legacy of flawless execution, Emerson helps customers in critical industries like life sciences, energy, power and renewables, chemical and advanced factory automation operate more sustainably while improving productivity, energy security and reliability.

With global operations and a comprehensive portfolio of software and technology, we are helping companies implement digital transformation to measurably improve their operations, conserve valuable resources and enhance their safety.

We offer equitable opportunities, celebrate diversity, and embrace challenges with confidence that, together, we can make an impact across a broad spectrum of countries and industries. Whether you’re an established professional looking for a career change, an undergraduate student exploring possibilities, or a recent graduate with an advanced degree, you’ll find your chance to make a difference with Emerson. Join our team – let’s go!