Financial Project Coordinator
6 days ago
Job Summary
We are seeking a highly skilled Commercial Manager to join our team at Bilfinger UK Limited. As a key member of our commercial operations team, you will be responsible for delivering best-in-class contract controls and P&L performance across our projects.
Main Responsibilities
- To provide visibility on Contract Financial Performance, including the preparation of monthly management accounts.
- To carry out audits and reviews as necessary, to assist with the identification and implementation of potential commercial improvements.
- To ensure suitable controls are in place in support of financial deliverables.
- To ensure compliance with company policies, processes, and procedures related to the management of commercial aspects.
- To support operations and project teams in the execution of contracts related to financial and overall performance against agreed budgets and preparation of reports in accordance with Company procedures.
- To interface with Business Managers, Invoicing, Accounts, Procurement, and Tendering teams.
- To collate all relevant start-up information for jobs/phases.
- To report to senior management the on-going financial performance of each job by preparing monthly management accounts.
- To study and familiarise oneself with relevant Contract Commercial Terms and Conditions and monitor to ensure compliance with these.
- To review all invoices for completeness and correctness prior to submission to Client.
- To assist in preparation of valuations on the client contract terms.
- To assist with the identification and management of contract variations.
- To assist Delivery Managers in the preparation of monthly cost/value reports and to conduct subsequent analysis, review, and feedback.
- To set up appropriate cost control/monitoring mechanisms and conduct ongoing audit and reviews of same.
- To collate contract budgeting/forecasting information and check on integrity of information provided to ensure dependability of information provided.
- To assist in preparation and resolving claims.
- To submit annual rates uplifts.
- To assist in re-negotiation of revised contract terms.
- To identify areas of commercial weakness and assist in improving the problems.
- To cross-share ideas between different contracts to ensure lessons learnt from both positive and negative influences.
- To assist in the standardisation of techniques and reporting mechanisms.
- To assist in preparing/reviewing the commercial element of Business Cases.
- To interface with Procurement Team.
- To assist in preparation of Financial element for client reports.
- To monitor and provide feedback relative to KPI performance and highlight areas where improvement is necessary to optimise financial return.
- To assist Project Manager in the development of appropriate processes/systems to cater for client specific requirements with regards to detailed cost breakdowns.
- To interface person for Invoicing departments with regard to commercial issues.
- To perform reconciliation exercises as required.
- To provide detailed analysis of completed projects to highlight areas of learning.
- To check accuracy and approve invoices as required and prepared by Invoice Administrators for return in an expeditious manner.
Requirements
- Proven track record in a similar role.
- Experience in fast-paced work environment.
- Possess a finance degree or be working towards a recognised accounting qualification or have suitable relevant experience working in a similar Commercial or Financial role.
- Problem Solver.
- Self-starter and team player.
- Relationship builder.
- Commercial Awareness.
- Ability to work under pressure and to deadline.
- Communication skills.
- Knowledge/previous use of SAP.
About Bilfinger
Bilfinger UK Limited is a leading engineering and maintenance provider, supporting customers across various markets. We enhance the efficiency of assets, ensuring a high level of availability and reducing maintenance costs.
We have extensive experience in offshore and onshore facilities, specialising in asset management services throughout all life cycle phases from consulting, engineering, manufacturing, assembly, operations, maintenance, and decommissioning.
This commitment is delivered by an experienced and highly competent workforce of over 4,500 employees operating from 14 offices in strategic industrial hubs, upholding the highest standards of safety, compliance, and quality.
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