Project Finance Manager at Ericsson
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Finance professional with over 8 years of experience of working in a top multinational company. Effective communicator with leadership skills & well developed analytical abilities which help organization to improve efficiency and reduce expenses
Ericsson Philippines, Feb/2020 – Sep/2023
● Worked as a program lead while supervising a team of 6, assisting in project set-up, revenue recognition, customer billing, accounts payable, accounts receivable
● Prepared & interpreted periodic financial reports for the stakeholders which include trend analysis, variance analysis, & action plan
● Monitored utilization of budget in different project phases to avoid any surprise impact on the margin while also validating project costs to ensure cost accuracy
● Performed month end closing activities while reviewing, recording & reconciling P&L statement and B/S ageing items to ensure accurate & complete data are captured
● Identified potential cost-saving opportunities while also highlighting risks & issues to Leadership Team that might have impact on the profitability of the organization
● Coordinated with operation team to oversee accounting functions including accrual, provision, journal voucher, FX adjustment/calculation
● Facilitated to maintain SOX compliance to improve quality & control of financial reports while also driving for process improvement in various areas to boost productivity
Ericsson Bangladesh, Oct/2018 – Jan/2020
● Set up the financial structure of the projects in SAP and recognized revenue & other related transactions in the system
● Worked closely with invoicing team to issue customer invoices on time
● Managed both vendor & customer relationships and helped to resolve any escalated disputes related to payments/invoices through collaboration with other departments
● Collaborated with Sales & Operation team to prepare rolling sales forecast & ensured expected financial numbers are achieved
● Played key role in steering group & project review meeting to enlighten the financial status of each project & recommended actions
● Validated project expenses to minimize unnecessary cost booking and processed journal vouchers to fix incorrect cost booking at correct GL code
● Used to liaise with internal & external auditor for required documentation
Ericsson Bangladesh, Apr/2016 – Sep/2018
● Booked customer contract in system while understanding the scope of work
● Processed customer Invoices on due time and kept necessary records
● Conducted regular meetings with customer as a Finance SPOC to fix any disputed invoice issues
● Performed intercompany transactions and reconciliation
● Monitored the milestone of project deliverables aligning with various departments until final payment is secured
● Worked closely with cash collector to fix Accounts Receivable(AR) ageing items while also preparing AR forecast
Ericsson Bangladesh, Apr/2015 – Mar/2016
● Prepared & monitored the status of project procurement documentation to applicable service providers, including creation of Purchase Orders
● Posted Goods Receipt in SAP & processed vendor invoices via VIM
● Conducted regular meetings with vendors to settle disputed claims while improving invoice accuracy and fixed Good Receipts(GR)/Invoice Receipt(IR) mismatch
● Worked with project team to close old & invalid purchase orders of vendors in SAP
● Supported in implementation and adherence of relevant tools & systems required to be used by the Project Manager
● Assisted Project Managers in administering project correspondence and project activity/venue/meeting arrangement
MBA in Finance & BBA in Accounting