Financial Project Analyst

3 weeks ago

Fareham, Hampshire, United Kingdom Boskalis Full time
Position Overview:

The Project Financial Coordinator plays a crucial role in connecting financial management with operational execution, serving as a financial advisor to the project management team. Reporting directly to the Finance Director, this position collaborates closely with Project Managers and Business Sector Managers to generate, analyze, and present precise financial data. This data is vital for operational decision-making and for fulfilling monthly, quarterly, and annual financial reporting obligations.

Key Responsibilities:

  • Oversee the financial and administrative framework of projects, coordinating with the estimating team to establish project budgets.
  • Work alongside the Project Manager to track project advancement and prepare monthly financial Budget Control Reports (BCRs), articulating the narrative behind the figures and clarifying the financial implications of their decisions.
  • Support the Quantity Surveyor in ensuring timely and accurate issuance of sales applications and invoices, while monitoring overdue invoices for necessary follow-up.
  • Review and categorize purchase invoices for approval.
  • Maintain accurate financial records through diligent monitoring, review, and approval of postings, journal entries, and ledger accounts.
  • Identify and report on opportunities, risks, and contractual obligations, particularly from a financial perspective.
  • Analyze and report on project financials, including budget variances, cash flow forecasts, and balance sheet positions.
  • Assist management in ensuring project adherence to internal policies and external regulations, such as payroll and tax compliance.
  • Act as the primary contact for financial inquiries related to projects.
  • Facilitate communication with other departments throughout the project lifecycle to share insights and best practices.
  • Coordinate with auditors to provide necessary documentation.
  • Update management accounting schedules on a monthly and quarterly basis, submitting for review to relevant budget holders and integrating into the financial reporting system.

Qualifications:

  • Possession of a relevant financial qualification, such as AAT or CIMA finalist.
  • Strong written and verbal communication abilities.
  • Proficient in Microsoft Excel.
  • Exceptional attention to detail.
  • Understanding of tax regulations, including VAT, Corporation Tax, and PAYE.
  • Familiarity with Construction Industry Scheme (CIS) is advantageous.
  • Eligibility to work in the UK.

Desirable Attributes:

  • Experience in budget management.
  • Background in a related industry.
  • Familiarity with ERP accounting systems.

What to Expect:

  • A dynamic work environment where you can contribute significantly as part of a diverse, international team.
  • Competitive compensation package, including 25 days of holiday plus public holidays, a generous pension scheme, flexible benefits, and a supportive workplace.
  • Opportunities for professional growth through training and development programs.

Additional Information:

  • Your role will be situated within the Finance Business Unit.
  • This position may involve travel within the UK and Ireland, with occasional requirements for on-site work.
  • The role is full-time, with flexible working arrangements available.

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