Project Cost Controller

A. Overall requirements and activities:

•  Understand Sonion business and market to review the project assumptions
•  Understand available resources in order to allocate and utilize to projects efficiently.
•  Support PMs during the process of business case build-up
•  Co-ordinate with others to build new templates/ procedures to improve the investment appraisal
•  Pro-actively identify issues/gaps and coordinate with PMs or other team members for proper actions, as well as lesson learned for improvements.
•  Join project management training (internal/external)
•  Join BC meeting & presenting (where necessary)
• Related ad-hoc tasks assigned by managers/ backup for colleagues

B. Business case review:

1. Capital Investment (PCE)

•  Review the list of equipment given by EE team to make sure that buying costs are reasonable and documented (where necessary)
•  Make sure that all equipment costs are not material under/overestimated.
•  Make sure all cost-take-out initiatives applied in Sonion are considered in the BC
•  Make sure all available resources (redundant tool/ equipment...) are taken into consideration and prioritized to re-use in the projects

2. Development cost (Hours/ Samples)

•  R&D/ supporting hours consumption must be aligned with project timeline and resource arrangement.
•  Sample costs (materials, operator hours…) must be managed and timely controlled with related departments (Production/QA/EE…)
•  Sales of samples and fundings from customers

3. Cost Price: cooperate with cost controlling team to review ACP

•  Understand bill of materials (BOM), and cost controlling aspects
•  Material costs: must be aligned with strategic sourcing, purchasing, inventory management & other logistic aspects
•  Direct labor cost: work with HR to review hourly rate.
•  Yield & Cycle time: Review the bridge current actual to target (based on the inputs of related persons/departments (Production/QA/NPI…)

4. Indirect Costs

•  Review indirect costs of replacement and/or extension relating to the project (and other projects put into overall consideration)

5. Cash Flow and Financial Indicators

•  Review proper and accuracy of financial cashflow and financial indicators, aligned with all above assumptions and financial inputs

C. Review actual spending & budget:

•  Support project setups (categories, posting profile…), review & advise on project bookings.
•  Review any changes/updated plan related costs compared to previous versions.

1. Education: Financial background (Bachelor). ACCA (student/membership) is a plus

2. Professional knowledge of:

•  Good understanding of material and resource cost.
• Financial analysis

3. Knowledge of computer servicing:

•  Advanced in Microsoft Office/ Excel / PowerPoint
• ERP system (Dynamics) is a plus

4. Languages: Good communication in English (speaking & writing)

5. Professional experience: 2 years working experienced in financial analysis or general accounting or project management