CAPEX Analyst - Philip Morris Manufacturing & Technology Bologna
Be a part of a revolutionary change:
At PMI, we've chosen to do something incredible.
We're totally transforming our business, and building our future on smoke-free products with the power to deliver a smoke-free future.
With huge change, comes huge opportunity.
So, wherever you join us, you'll enjoy the freedom to dream up and deliver better, brighter solutions and the space to move your career forward in endlessly different directions.
Wherever you join our crucial 47,000-strong Operations team, you'll have the opportunity to make an impact.
PMI's shift from selling cigarettes to our new smoke-free products has changed the way we work.
New products bring new challenges - in the way we source and buy raw materials, in the way we engineer and manufacture, and in our supply chain planning.
Your 'day to day':
As CAPEX Analyst you will be part of our Finance department for Philip Morris Manufacturing & Technology Bologna S.p.A. and will be reporting to the Regional Manager CAPEX EU -EEMA.
The position will be based in Bologna.
A key responsibility will be to control, record, facilitate, check as well as provide support in the Capex area to ensure availability of financial information for management's decision making and smooth actual and budgeting processes.
Provide timely, reliable financial information to support business decision.
You will responsible to support initiation and execution of CAPEX projects through comprehensive financial and business analysis of proposed initiatives and preparation executive summary and approval forms for management in line with PMI guidelines.
Finally, you will provide constant support to all affiliates and functions, and increase financial awareness within these organizations.
Your Responsibilities:
- Actively cooperate with other Functions of the Organization in order to provide high level of service to the appropriate Departments.
Provide neccesary training and communications to other departments in order to increase knowledge within the company on CAPEX guidelines and promote efficient spending of company funds.
Continuously increase knowledge on project appraisal methods, company operations and information systems in order to develop further management of capital expenditure and adopt it when required to the changes of company objectives
- Maintain control over project expenditure in SAP:
- ensure actual project expenditure is recorded against the appropriate WBS in SAP;
- check that project budget is spent in strict compliance with authorized project scope and budget, through regular analysis of actual capital expenditure and related expenses;
- regularly analyze project execution plan against approved scope and schedule, liaise with project owners in case major variances are identified and ensure required forms (scope change, supplemental capital expenditure appropriation request) are prepared and approved by management;
- prepare project status reports, including analysis of actual expenditure versus approved project scope and CAPEX cashflow forecast.
- Collect data on capital expendures within Original Budget cycle.
Prepare the required comprehensive summary and analysis for the Management Review.
Upon approval, prepare the required templates for PMI timely submission.
Prepare depreciation forecast in a timely and accurate manner.
Collect data, analyze and submit Project Related Expenses for overhead budget.
Provide the required data for inputs into GMRB (and local budget systems) within the strict deadlines so that it is available for consolidation in time and in required volume.
- Provide management with status reports on capital expenditures, when requested, ensuring that all information is accurate and timely.
Revise capital expenditure and project related expenses / depreciation forecast via monthly Rolling Forecast process.
Prepare and submit to PMI Reporting as per PMI instructions providing the required detailed analysis, such as cost/currency calculations.
- Maintain the consistency and accuracy of the financial data in the Financial Systems (SAP, GMRB, etc.)
to ensure proper, accurate and timely reflection of financial data.
Also, ensure proper technical month-end closing in SAP-P1 in line with internal procedures and schedules.
Who we're looking for:
- College/University
- 0-3 year of experience in Finance, Operations or similar function
- Language: English (advanced)
- PC: MS Excel (advanced), MS PowerPoint (advanced)
- Thorough understanding of financial statements (Profit and Loss, Balance Sheet, and Cash Flow).
- Strong analytical, communication, interpersonal skills
Grade level from: 7-9
Recruiter: Francesca Russo
Employment Type: Permanent
What we offer:
Our success depends on the men and women who come to work every single day with a sense of purpose and an appetite for progress.
Join PMI and you too can:
- Seize the freedom to define your future and