Finance Lead
6 months ago
Lead and manage a team of Senior Accountants to deliver accurate and timely **month end close **activities including:
- calculation of accruals, unbilled and unearned entries as required in compliance with Wood corporate deadlines, technical accounting standards, and in accordance with company procedures for reconciliations and balance sheet controls
- preparation of **monthly management accounts **covering P&L to Gross Margin level including reimbursable labour, recovered in rate costs, lump sums, procurement, plant & equipment, plus other reimbursable, non-reimbursable and contract specific items
- balance sheet reporting on unbilled, unearned, accounts receivable and accruals to ensure accurate reporting, aging and improvement actions
- reporting, analysis and improvement of Days Sales Outstanding (DSO)
- Oversight of accurate and timely month end close activities ensuring all results are complete and high-level analysis by contract/ SL understood and communicated to Business Partners prior to module close deadlines
- Update balance sheet review and backup files with month end numbers following close of module and validate contract submissions to ensure reconciliation to GL reports ahead of HFM upload, 2 workings days post module close
- Plan and organise workloads to ensure all deadlines are met, team are challenged and engaged, and the service being provided to the business is exceptional
- Ensuring **compliance **with information requests from the business including Project Governance Reporting, HSE manhours and others as required
- **Forecasting**:
- resource and support preparation and analysis of annual Budget, Mid-Year Forecast and monthly Rolling Forecasts across all Service Lines, ensuring deadlines are met
- Functional focal point for relationship with Delhi Finance Service Centre (DFSC) and management of service level agreements
- BNP Focal point for selling and repaying invoices for clients utlising the receivables financing arrangement
- Monitor and report on **Time to Bill (T2B) **metrics with aim of managing service levels, flagging any concerns, and sharing best practice with the teams
- **Supervision **and management of the team including timesheet and holiday approvals objective setting and performance management as required
- Work with the FBPs with a focus on **people development **to train and develop junior staff, support those studying for exams and work on development plans for those looking to progress in the organisation
- Responsible for identifying and highlighting opportunities for **continuous improvement **within the Function and DFSC areas and sharing of best practice across the contracts
- Ensure compliance with all Wood policies including accounting, credit risk and code of conduct policies
- Financial performance - actual versus forecast and ability to articulate variance analysis
- Days Sales Outstanding performance - teams accuracy of cashflow forecasting and efficiency at collecting cash
- Volume of leavers within team, development opportunities for team, staff morale
- Compliance with corporate submissions - deadlines met / missed
**Qualifications**:
- Fully qualified with relevant professional body
**Knowledge & Experience**:
- Extensive expereince in accounting / business experience
- Previous experience of managing a team and planning and organising resources to achieve desired outcomes
- Previous experience of leading and developing talent
- Excellent commercial awareness
- Competent at using ERP / forecasting systems
- Proficient user of Excel, PowerPoint
**Job-Specific Skills**:
- Technical skills and experience to conduct and review various accounting tasks
- Highly organised and ability to prioritise tasks for self and team
- Must be able to plan to meet deadlines every time without compromising accuracy
- Attention to detail is critical
- Must be adept at managing resources, workloads and deadlines as well as working autonomously
- Customer focused - internally and externally
- Ability to discuss issues clearly and concisely at all levels within the organisation
- Proactive nature to seek out opportunities for improvement and deliver against these
- Ability to train others and provide technical information and support
- Excellent problem solving skills with a focus on bringing solutions to the table
**Diversity Statement**
We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.
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