Financial Planning and Analysis Specialist
4 weeks ago
Financial Planning and Analysis Role
Team Recruitment is seeking a skilled Financial Planning and Analysis Specialist to join our team in the Rig Aftermarket department. As a key member of our FP&A team, you will be responsible for assisting with financial planning and analysis tasks for two ledgers (UK and Baku). Your primary focus will be on local business partnering, with a heavy emphasis on financial planning and analysis.
Key Responsibilities:
- Assist with financial planning and analysis tasks for two ledgers (UK and Baku) within the Rig Aftermarket team.
- Support the local management team with reporting, analysis, and presentation of actual, forecast, and plan numbers.
- Review ongoing projects for relevant Business Units and ensure timely and accurate revenue and cost recognition.
- Assist in the completion and review of monthly P&L and management reports, and prepare variance analysis for the FP&A Manager.
- Prepare Labour recovery reconciliations for several Business units and assist the FP&A Manager with their review.
- Review aged WIP and provide commentary to the business to ensure projects are being completed on a timely basis and to feed this into the accounting team for SOX purposes.
- Review and reconcile relevant Contract Assets and Liabilities sections, including ageing monitoring and commentary.
- Assist with monthly Forecast and Annual Financial Plan preparation.
- Perform accounting tasks for FP&A related areas and provide support to a wider Finance team in Rig Aftermarket, as required.
- Balance sheet reconciliations.
- Other accounting and FP&A tasks as required.
Requirements:
- Degree in Accountancy or Finance or equivalent.
- Professional accountancy qualification such as CIMA / ACCA (desirable).
- Experienced business partner working with non-financial management.
- Working within a financial / accounting environment of a larger entity - 3 years + (desirable).
- Experience of POC accounting methods.
- Experience working within Oracle and Glovia ERP systems.
- Excellent Excel skills.
- Great Communication skills.
- Excellent Analytical skills.
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