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Project Finance Manager

2 months ago

Sunderland, Sunderland, United Kingdom AM Recruitment Ltd Full time
Job Purpose

To provide financial support to project teams and the Finance Department, ensuring our client understands project performance at all times with a focus on strong cost control.

Responsibilities
  • Provide support and guidance to Project Managers and team members on cost control and project finance tasks.
  • Highlight financial risks, opportunities, or issues to the Projects Lead and Project Manager, working together to ensure optimum solutions.
  • Control project revenue and costs, ensuring project performance is understood at all times using IFS and INFOR systems.
  • Be the project focal point for financial queries, promoting a strong cost control environment within the project team and contributing to financial decision-making.
  • Deliver project flash reporting with high-level commentary for Executive review and complete all journals and close actual project results within the finance month-end timetable.
  • Lead the production of the project cost report and forecast, including clear variance analysis, demonstrating an understanding of changes from As Bid at all times.
  • Liaise with Project Manager, Contracts Specialist, and other project team members to complete the monthly Project Cost Report (BCR) for Financial review, including detailed variance analysis.
  • Issue sales invoices in a timely manner, in accordance with the Main Contract, and in conjunction with the Contracts Specialist.
  • Populate and submit a weekly cash flow, ensuring clear visibility on project commitments.
  • Assist with internal and external audit queries.
  • Support the Leadership Team as appropriate, completing specific focused tasks to support the continuing improvement in operational excellence and the long-term Company strategy.
Entry Level Requirements

The following criteria is required to be evidenced as a minimum requirement to undertake the role:

  • Educated to degree level or relevant industry experience.
  • Accounting Qualification preferred.

Experience:

  • Work experience as a Project Controller within the Oil & Gas, Civil Engineering, or Renewables industries.
  • Relevant experience working within a project team controlling costs.

Essential Competency and Skills Requirements:

  • Considerable commercial knowledge and analytical skills.
  • Excellent communication and organisational skills.
  • Ability to work using own initiative and to work as part of a multi-disciplinary team.
  • Ability to effectively manage own workload, and work within given timescales (both internal and external), ensuring project requirements are met.
  • Adaptability and problem-solving capability.
  • Pro-active forward-looking approach.
  • Commitment to provide Excellent Customer Care.