Pawel Sitarski

Pawel Sitarski

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location of Pawel SitarskiWarsaw, Mazowieckie, Poland

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  • Timeline

  • About me

    Planning & Controlling Manager in Ocean Winds

  • Education

    • SGH Warsaw School of Economics

      2008 - 2014
      Master of Science - MS Finance and Accounting 2014
    • Szkoła Główna Handlowa w Warszawie

      2008 - 2014
      Magister finanse i rachunkowość
  • Experience

    • Siemens

      May 2013 - Oct 2020

      - Active Customer Relationship Management- Checking that the overall project's contractual structure has been correctly created in the respective tools- Set-up controlling and reporting system- Assurance of the correctness, consistency and transparency of the overall project's financial status- Consolidation and analysis of project figures across boundaries- Managing of internal and external claims - Responsible for summarized global reporting to the relevant Management level- Documentation in line with the mandatory internal and external requirements- Managing commercial project subjects- Collaboration with the Project Manager- Adherence to fiscal, company-internal commercial rules- Commercial project coordination (e.g. application for and follow-up of bank guarantees etc.)- Order entry calculation, concurrent costing and final costing- Cash flow management- Correct allocation and monitoring of costs- Preparation of invoices and claims- Project-internal controlling (deadlines, costs, quality)- Regular project reporting / project status meetings / milestone reviews- Involves in the creation of final project reports and summarization of lessons learned with feedback to the organization- Involves in negotiations as well as interpretation and implementation of contracts in projects- Analysis and assessment of complex, where applicable international contract constellations- Active contract management together with the Project Manager for risks and opportunities- Assertion of own claims and prevention of unjustified claims- Agreement on contractual amendments with regard to the scope of supplies and services, prices, - deadlines or other contractually stipulated conditions- Identification and financial assessment of opportunities and risks, definition and implementation of suitable measures to reduce risks or realize opportunities, and creation of contingencies for remaining risks, active risk and opportunity management - Forecasting of BU Show less

      • Financial Project Controller

        Jul 2016 - Oct 2020
      • Treasury Specialist

        May 2013 - Jul 2016
    • OW Ocean Winds

      Oct 2020 - now

      • Coordinates the portfolio’s business planning process (including P&L, CF, BS and operational KPIs)• Challenges the forecast assumptions• Prepares the project's budget, reforecasts and business plan• Monitors and challenges the performance of the project in terms of compliance with the approved budget (by cost nature, by function, ratios, look-back, etc.)• Follows project's schedules, development costs and capital expenditure.• Maintains a consolidated view of the project’s P&L, Cash Flow, BS and main KPIs.• Ensures an efficient cash management, monitoring expenditure and cash needs, and cash upstream/downstream between Projects, Shareholders and, in the future, Lenders.• Coordinates the reporting process, including the definition of the information requirements• Prepares reports to the management, shareholders and other internal or external stakeholders (such as lenders and investors)• Develops tools for an efficient planning and control activity• Supports the implementation and governance of the financial information systems• Supports performance improvement initiatives and other type of projects• Supports other areas within the Finance function as well as functions outside Finance as required Show less - Develop, maintain, and operate CAPEX and OPEX forecast models- Control project Development Expenditures in line with budget and schedule- Provide detailed forecast and analyse deviations from budget- Close cooperation with development, risk, procurement and technical departments- Manage monthly and quarterly financial and schedule reporting activities - Build models and carry out ad-hos analysis in order to facilitate project decision making and maximization of shareholder’s return Show less

      • Planning & Controlling Manager

        Mar 2022 - now
      • Project Controller

        Oct 2020 - Mar 2022
  • Licenses & Certifications

    • Commercial Project Manager CPM-C

      Siemens
      Oct 2019
    • CIMA Advanced Diploma in Management Accounting

      CIMA
      Oct 2021