Financial Manager for Enterprise Agreement
3 days ago
A leading role in Public Sector Resourcing is currently available for a Financial Manager for Enterprise Agreement.
About the JobThe Ministry of Defence (MOD) is a central government department with a mission to protect our country and provide the ultimate guarantee of its security and independence, as well as helping to protect its values and interests abroad.
We are seeking an experienced Finance Manager to lead our team in managing Enterprise Licence Agreements (ELAs). As a key member of our Commercial and Asset Management Team, you will play a crucial role in ensuring that our financial position is accurately represented and that we meet our contractual obligations.
Responsibilities:- Act as finance business partner, ensuring broad knowledge and understanding of live and new ELAs.
- Support the generation of ELA Business Cases and Requests for Approval, including development of the cost model.
- Generate pan-MoD financial position, verifying existing contracts, committed and approved spend.
- Advise on how ELAs should be managed within financial systems, accounting standards, and recharging.
- Provide financial support for setting up ELAs on CP&F.
- Review ELAs monthly with key stakeholders to identify issues, risks, and opportunities.
- Reconcile ELA workbooks each month, ensuring drawdown from contracts aligns with finance systems.
- Track and report financial benefits through ELA workbooks.
- Collaborate with commercial and asset management teams to ensure milestone payments are made promptly.
- Continuously review ELA management processes, identifying areas for improvement.
- Update TM1 with the latest financial position, including commitments and variance explanations.
- Ensure timely completion of in-year returns, such as the MVAF and TLRFP.
- Qualified or part-qualified accountant with experience in financial management.
- Strong forecasting and budgeting skills, with ability to explain complex information.
- Background in financial management or similar relevant experience.
- Cost modelling experience, with strong Excel skills.
- Excellent stakeholder management and collaboration skills.
- Willingness to undergo SC clearance.
This role comes with a competitive salary of £45,000 - £60,000 per annum, depending on experience.
Please note that this role can only be worked within the UK and not overseas.
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