Senior Associate, Management Support Functions FP&A

RWE Clean Energy, LLC

Functional area: Finance / Controlling
Remuneration: Exempt

 

At RWE Clean Energy, the department HR & Management Support Function (MSF) Controlling is a 6 person team (including head of department), comprising three different Controlling functions: MSF Controlling, IT Controlling and HR Controlling. The Senior Associate, Management Support Functions FP&A  has two areas of focus: MSF Controlling (primary with 80% of time) and IT Controlling (20% of time).

 

• MSF Controlling: MSF Controlling is responsible for monitoring, budgeting, planning & reporting the financial performance of RWECE’s Support Functions’ overhead cost. Ensuring transparency, cost effectiveness, and strategic alignment of all support functions spend. Working as strategic partner and trusted advisor with the business, evaluates improvement measures, actively giving recommendations/appropriate challenges, and business decision support. Annual MSF exposure of >$200m covering 14 different MSF departments (e.g. HR, Accounting, Procurement, Strategy, etc.), senior management, facilities, RWECE external services, overhead cost allocation to RWECE projects etc.  

 

• IT Controlling: The newly created IT Controlling function is responsible for the financial performance monitoring, budgeting, and financial planning & reporting for the RWECE IT & OT  business. Ensuring transparency, cost effectiveness, and strategic alignment of all RWECE IT & OT investments. Working as strategic partner and trusted advisor with the business, evaluates improvement measures, actively giving recommendations/appropriate challenges, and business decision support. As newly established function, designing and implementing new models and processes is central, including setting up new budgeting procedures, cost allocation methodologies, and planning & reporting standards. RWECE IT & OT is the organisation’s digital backbone with an annual exposure of >$50m related to software and hardware for business operations (IT) as well as for monitoring and control of RWECE‘s renewables fleet (OT). 

 

• HR Controlling:  HR Controlling is in charge of the monitoring, budgeting, planning & reporting of FTE and personnel expense for the entire RWECE company, including Management Support Functions and the IT & OT department. 

 

Responsibilities – MSF Controlling (80% of time):

• Responsible for MSF Controlling topics (e.g. creating and delivering monthly and quarterly reporting on MSF costs, budgeting, forecasting, mid-term planning, business cases, ad-hoc analyses, special topics, identifying cost saving opportunities, monthly performance dialogues)
• Financial planning & cost analysis: Develop and maintain the model and processes for RWECE MSF cost and planning. Drive timely, complete, accurate, high-quality reporting/planning/forecasting for the business overhead functions. Assess performance of MSF functions’ investments and projects against predefined KPIs and recommend actions to Senior Management
• Coordination and network: As the primary contact for MSF functions within the RWECE Controlling team, coordinate MSF related topics and financial impacts across the RWECE business and the Controlling team. Build strong network across the different MSF Controlling departments in RWE’s legal entities, understand MSF services and associated cost allocations provided by and to the different entities and ensure transparency and the ability to proactively challenge the allocations
• Management communication: High level of exposure and interaction with Head of each Management Support Function. Prepare materials for and support meetings with Senior Management and the Board for both regular reporting activities and special projects/topics
• Ongoing initiatives: Support company-wide top priorities and goals, special projects, increase in growth targets, implementation of S4 accounting system and new SAP based budgeting and forecasting tool

 

Responsibilities – IT & OT Controlling (20% of time):

• Senior associate supporting IT Controlling topics within the team (e.g. monthly reporting, quarterly forecasting, mid-term planning, business cases, ad-hoc analyses, special topics, savings initiatives, monthly performance dialogues)
• Financial planning & cost analysis: Support timely, complete, accurate, high-quality