Reports To
Financial Project Control Manager
Key Purpose of Role
To ensure the effective financial control of various designated projects & bids.
Key Tasks
Costing & Bidding
- Operate as finance lead on bidding activities. This involves reviewing & validating the bid costings that have been prepared by Engineering. Ensure that associated financial criteria are correctly applied (e.g. foreign currency, customer approved rates, profit margins, taxation, provisions & contingencies).
- Work with Bid manager to determine appropriate milestone payment plans to ensure most favourable cash position.
- Assist bid managers with bid presentation pack preparation.
- Work with Bid team to ensure compliance to the Bid Process
Project Control
- Working closely with project managers to ensure financial objectives are met and to play a key role within the project decision making process whilst striving to act as the “CFO” of the project.
- Regular review of project actual costs, commitments and forecasts with the Project team & project managers, in conjunction with the project schedule.
- Regular review of overall financial project health and steer of recovery actions (e.g. cash, debtors, in year financial trading position).
- Presentation of financial status in relevant management reviews.
- Regular review of the project risk register ensuring a strong risk management culture and financial link.
- Work across functions to resolve queries, mitigate issues and ensure project data is of the highest quality.
- Providing required management accounting project data according to the reporting schedule of the business. Includes sales, profit & cash flow monthly / quarterly forecasting.
- Management of all customer financial reporting requirements & interaction with customer’s financial / reporting tools for both bids and projects.
- Support to any required internal / external project related audits.
- Taking an active role in identifying and delivering improvements to processes within finance and the business (e.g. assisting with collection of cost of non-quality data)
- Ad-hoc requests from team leader.
PERSON SPECIFICATION
Qualifications
ACCA / CIMA / ACA or related degree would be desirable.
Experience
Proven and demonstrable experience in a relevant role.
Experience within a project-related (IFRS 15) environment covering both costing, bidding and program delivery.
Experience within a dynamic and fast paced organisation.
Experience within a Engineering / Manufacturing industry.
- Positive attitude and strong work ethic
- Excellent organisational, analytical and team working skills.
- Flexible and able to multi-task; managing a number of different bids and projects simultaneously and being able to adapt to changing priorities.
- Solid understanding of finance & applicable project accounting standards.
- Excellent inter-personal & communication skills – both written and verbal.
- Able to develop good working relationships with key people in the business.
- Ability to use various Microsoft tools (e.g. Excel, Power point, Dynamics, Data Warehouse, Share point). A high level of Excel skill is required.
- High level of concentration and attention to detail with ability to sense check.
- Knowledge of S4 Hana (Public Cloud) would be advantageous but not essential.
- The successful candidate will be required to obtain and maintain a UK national security clearance
