Project Controller

Support project managers and or the Product Service Aftermarket representative for management of commercial terms from order acknowledgement to commissioning. This includes commercial terms between Dresser-Rand and the client, Dresser-Rand and its suppliers, and intercompany Dresser-Rand entities for multi-facility or multi-division (operations, service centers, and field service) orders.

BA BS Accounting/Finance and 10+ years experience in project management or related industry required. MBA preferred.

1.Ensure that the appropriate commercial terms and conditions flow through to suppliers before orders are let. These include payment terms, liquidated damages and warranty terms.
2.Track all progress invoices (including post delivery milestones) and payables meeting the above criteria on assigned contracts and coordinate with the Director of Finance and the Operations Director to formulate a macro priority list of contract milestone opportunities and risks to accelerate cash flow in any given quarter. Basis this priority list, coordinate with project mangers to ensure engineering, manufacturing, supplier and other D-R division priorities are aligned appropriately.
3. Understand in detail the expected completion of project milestones and expedite the invoicing process to ensure invoices are issued within twenty-four hours of completion of the milestone. This will require a manual effort and will likely entail preparing the invoicing department to be ready to cut the invoice ahead of the milestone completion.
4. Going forward, work with PI and the GSP team to streamline and automate the invoicing process using the capabilities of Oracle, creating a singular process across the D-R enterprise
5. Support project management and SCM in the resolution of any commercial term issues that may arise during contract execution or commissioning. Coordinate with the project managers to inform the Director of Project Leadership and Director of SCM of pending issues that may necessitate:

· D-R Director or higher dialogue with a client, providing an appropriate brief on D-R leverage and risks around efforts of getting an invoice paid.
· DR Director or higher dialogue with intercompany management
· SCM withholding payment to a supplier

6. Support project managers in the collection of receivables.
7. Drive with support from PI in the operations, SCM, and regions to value stream map the total cash collection cycle to drive continuous improvement.
8. Review shipping terms and units of accounting as defined by the contract and based upon Accounting Department guidance provide feedback to the regional selling team on opportunities to improve our contract language.
9. Send letters to customers 15 days prior to a progress invoice due date reminding customers that they have an invoice that is due and that late fees will be charged, if applicable.
10. Review terms and conditions in the purchase orders received from our clients. Ensure that they agree with the negotiated terms and conditions. Drive purchase order revisions as needed.
11. Support the Regions and Project Managers to get client signatures on the Purchase order Acknowledgements.