Job Title: Finance Manager
Department: Process division
Reporting To: Divisional Finance Director (Process)
Location: North East
Purpose of Role
March are currently seeking a Finance Manager to assist in the recording, preparation and monitoring of the, Cost Value Reconciliations and Management Accounts within their growing Process divisions.
As Finance Manager within the Process division, you will be responsible for all management, reporting of a newly acquired companies becoming the main link to head office commercial and financial teams. Whilst acting as business partner to the operating stakeholders allowing them to understand their contractual obligations and financial performance. As a project based business this role will oversee the production of monthly Cost value reconciliations, and revenue recognition for each project. Whilst driving project cashflow and highlighting risk.
Note: This role will require travel.
Key Responsibilities
This role will include a variety of tasks including the following:
Provide cost and revenue downloads to operational teams in each business, allowing for review with the project and commercial leads of CVR’s (Contract Valuation Report) at month end, to the agreed timetable.
Development of process to align to March.
Integration of the companies to March reporting requirements.
ERP implementation.
Assist project managers in understanding the contractual obligations and financial frameworks of their projects.
Challenge, verify and establish the trading position of the long-term projects in the CVR meeting.
Post adjusting entries from the final CVR’s and ensure this reconciles to the trial balance.
Put in place processes with operations to close out variations and final accounts quickly, and to promote a strong cash-driven culture within operational teams.
Manage a small team within the Finance department, driving working capital and cash by putting in place processes to bill in an accurate and timely manner.
To provide detailed analysis and narrative of the operating results with reference to the appropriate forecast.
To provide detailed analysis to operations to drive margin and working capital improvements.
Take responsibility for reporting on overheads and submission of month end reporting packs to Group including analytical review of relevant sections in monthly management accounts and interrogation of underlying financials
Preparation and management of the cash forecast including submission to group on a monthly basis.
Preparation, analytical review and challenge of relevant sections of budgets, forecasts and strategic plans.
To provide information, support and analysis to the operational, commercial and financial leads within the business for strategic and operational decisions.
To develop close working relationships with internal customers to fully understand the business as well as establish a credible & effective network of contacts.
To assist in driving best practice within the business.
Adhere to Group policies and processes within the department.
Any other duties as reasonably requested.
Qualifications and Experience
Essential:
Qualified (ACA, CIMA, ACCA)
Previous experience in this role within a Projects based Engineering, Construction or facilities industry
Deadline driven accounts Group reporting experience
Excellent Excel skills and systems understanding
Must have experience of projects accounting
Excellent verbal and written communication skills
Ability to priorities work in a fast-moving environment
Experience of implementation of finance systems or change projects
About Us
We are MARCH®. The leading provider of critical engineering services. Supporting the industries we all rely on to improve their infrastructure, process, and digital environments. We work together with our customers to maintain business continuity, optimise output, and drive new standards in productivity, reliability, and sustainability. We help deliver operational resilience, increased performance, and better environmental outcomes, across the board.
Why March?
Progress is People.
MARCH has ambitious plans and central to our future growth is attracting, developing and retaining the very best talent. Whether your role is onsite or office-based, engineering or support, we offer opportunities for all our people to develop their careers and maximise their potential. MARCH is committed to building teams that reflect a wide range of backgrounds, perspectives, and experiences. We believe diverse thinking strengthens engineering, and we welcome applications from all backgrounds. If you need any adjustments during the recruitment process, just let the team know
Salary description
£55000.00 - £65000.00 per year