Financial Planning Manager
1 month ago
Wood PLC, a global leader in consulting and engineering, is seeking an experienced Financial Planning Manager to join their team in Aberdeen, Scotland. This exciting opportunity will be responsible for ensuring accurate accounting, reconciliation, and reporting of key financial data.
About the RoleThe successful candidate will ensure that all month-end close activities are completed accurately and on time, providing results that are thoroughly analyzed for a selection of contracts. This includes calculating accruals, unbilled, and unearned entries as required in compliance with corporate deadlines and technical accounting standards.
The Financial Planning Manager will prepare monthly management accounts covering Profit & Loss (P&L) to Gross Margin level, including reimbursable labour, recovered in-rate costs, lump sums, procurement, plant & equipment, and other reimbursable, non-reimbursable, and contract-specific items.
Key Responsibilities:
- Directly responsible for month-end close activities in Oracle system to ensure results are accurately reported and analyzed for a selection of contracts.
- Preparation of monthly management accounts covering P&L to Gross Margin level, including various cost categories.
- Provision of clear and concise variance analysis of actual monthly results compared to budget/forecast to support contract management.
- Balance sheet responsibility for unbilled, unearned, accounts receivable, and accruals to ensure accurate reporting, aging, and improvement actions.
- Days Sales Outstanding (DSO) - reporting, analysis, and supporting improvement.
This role requires a strong understanding of commercial knowledge and the ability to appreciate rate build-ups and recovery of costs to maximize cash position. The Financial Planning Manager will work closely with Contract Managers and Commercial teams to provide financial information and support contract management decisions.
About UsWood PLC is committed to being an equal opportunity employer, recognizing the value of a diverse workforce. We welcome applications from suitably qualified candidates who share our commitment to diversity and inclusion.
Salary and BenefitsWe offer a competitive salary range of £55,000 - £70,000 per annum, depending on experience, plus benefits including pension scheme, life insurance, and opportunities for professional development.
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