Finance Manager - Motherwell, North Lanarkshire, United Kingdom - Balfour Beatty plc

Balfour Beatty plc Motherwell, North Lanarkshire, United Kingdom

3 weeks ago

Description

Balfour Beatty has an exciting opportunity for a Senior Finance Manager to join our growing team,
Please note that travel will be required across our Scotland projects

As Senior Finance Manager you will support our Scotland projects you will be responsible for overseeing all financial activities, reporting, managing budgets, and other financial controls.

You will be reporting to the Head of Finance providing financial planning, analysis of project costs, cash flow management, coordinating audits, providing strategic financial guidance to support the company's growth and profitability as well as other non-financial critical information.

You will be an integral part of the senior project management team and will be a key interface with the following stakeholders:
Senior Argyll project management team, internal business partners, other Project Finance Managers, Newcastle, BB Internal & External Auditors. You will also ensure compliance with all Balfour Beatty Group and statutory accounting requirements.

Expectation is that you would be mostly project based to allow integration within the team, so travel would be expected.

Budget Management:
Develop and manage budgets for projects, ensuring accurate cost estimations, and tracking expenditures against approved budgets.

Implement cost control measures to optimize project expenses without compromising quality, constantly seeking opportunities for cost savings and efficiency improvements.

Financial Reporting:

Prepare and present financial reports to senior management, providing insights into project performance, cost trends, KPIs and overall financial health.

Cash Flow Analysis:

Monitor cash flow and liquidity, ensuring timely payments to vendors, subcontractors, and other stakeholders to maintain smooth project operations.

Risk Management:
Identify financial risks and implement strategies to mitigate them, ensuring compliance with financial regulations and industry standards.

Financial Forecasting:

Conduct financial forecasting and analysis to support decision-making, project future financial trends, and assess potential impacts on the business.

Market Analysis:

Stay informed about market trends, economic indicators, and industry benchmarks, utilizing this information to make informed financial decisions and adapt financial strategies accordingly.

Financial Modelling:

Develop and maintain financial models to evaluate the financial viability of potential projects, incorporating various factors such as construction costs, financing options, and market trends.

Expect a good level of commercial understanding and experience of NEC option C and E contracts would be advantageous.

Collaboration with Project Teams:
Work closely with project managers, engineers, commercial, and other stakeholders to align financial goals with project objectives, providing financial guidance throughout the project lifecycle
Ledger Management including Reconciliations, journals and validation of Revenue and profit reported.

Auditing and Compliance:
Coordinate internal and external audits, ensuring compliance with accounting principles, tax regulations, and other financial standards.

Capital Planning:

Assist in capital planning and investment decisions, evaluating the financial feasibility of tenders, net debt and ad hoc initiatives.

Team Leadership:
Lead, develop and mentor project management accountant, fostering a collaborative and results-oriented work environment.
Identify opportunities for process improvement within the finance department, implementing best practices to enhance efficiency and effectiveness.

Tax Planning:

Collaborate with BB tax professionals to develop tax strategies and ensure compliance with tax regulations, optimizing the company's overall tax position.

Ad Hoc Analysis:

Perform ad hoc financial analysis and reporting as needed, addressing specific inquiries from senior management or stakeholders and contributing to informed decision-making.

Experience in operating at a similar level as part of a project team
ACCA or CIMA qualified.

Day in, day out, our teams deliver some of the UKs most ambitious, exciting and meaningful projects; developing, building and maintaining the vital infrastructure that supports national economies and strengthens communities.

Smart working, giving you more flexibility such as staggered start and finish times, with up to 40% remote working, where roles allow.

25 days paid annual leave (pro rata)
Family friendly policies which include 28 weeks full pay for maternity/adoption leave and four weeks full pay for paternity/partners leave
Pension, share incentive plan, volunteering leave, recognition schemes and much more

Balfour Beattys Power Transmission & Distribution teams work with regional, national and international electricity network owners and operators to provide technical engineering solutions across the full spectrum of the electricity grid, including overhead lines, cabling, substations and distribution networks.

From scoping and feasibility, to design, construction and on-going maintenance, our in-house experts, flexible resources and industry-leading innovations support customers in the development of some of the UKs most ambitious power transmission and distribution projects.

Diversity and inclusion
At Balfour Beatty we believe that diversity and inclusion are essential components of any successful, happy workplace.

Through our Value Everyone Diversity and Inclusion Strategy and Action Plan, we are growing our diverse workforce and developing our inclusive culture where everyone is able to thrive and reach their full potential, regardless of their identity or background.

We are a Gold Award holder in the Ministry of Defence 'Employer Recognition Scheme' and actively encourage applications from Armed Forces personnel, veterans and reservists.

As a Disability Confident Employer, we are committed to working with people who have disabilities and long-term health conditions to remove barriers for them in obtaining employment.

We are also committed to offering applicants with a disability an interview if they meet the minimum requirements for the role.

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