Role Description
As part of the Finance Team, reporting directly to the Director of Finance, the Finance Business Partner will be responsible for reporting and giving insight on the operational and project financial performance of the business, monitoring the effectiveness of key business processes and taking on improvement projects, as well as assisting with any potential merger and acquisition activity.
Skills and Experience Required:
- Fully qualified finance professional ACA, ACCA or CIMA
- Construction experience or similar industry preferred.
- Working closely with Commercial teams
- Leading the financial forecasting process
- Taking the lead on commercial financial control
- Excellent systems skills – MS Office including advanced Excel (pivots, VLOOKUP, reconciling data)
- Excellent communication skills, written and verbal, ability to lead others, clearly demonstrate ideas, providing confidence to key stakeholders.
- Ability to think for yourself, initiate ideas, improvements for best practice, drive through changes but also to take others on the journey with you.
Project and Commercial Accounting
- Attend monthly project review meetings to understand and report on project positions traded and any risks or opportunities.
- Review and interrogate project trading positions based on end life value and cost.
- Work closely with the Commercial Director to ensure order book rollout is accurate and complete including pipeline opportunities.
- Review full year outcome to business plan. Provide analysis of key project movement.
- Ensure cash is maximized by working with quantity surveyors to ensure:
- sales invoices are generated, sent to customers and paid on time in line with agreed contract timings
- cash forecasts are up to date and accurate
- overdue debt is chased and appropriate actions are taken to collect
- cash in / out flow on high value materials (HVM) is tracked closely to ensure client pays JSM before we pay supplier.
- Introduce process to credit check clients / suppliers and make recommendations to mitigate any risk.
- Full reconciliation and understanding of Contract WIP, overmeasure, accruals, ensure aged items are kept to a minimum.
- Support Director of Finance with reporting project performance improvements
Financial Reporting & Accounting
- Production of monthly accounts and board pack
- Produce accurate weekly and long-term cash flow forecasts and monitor actual performance.
- Ensure controls in place to fully reconcile general ledger to job ledger / CVR for month end reporting, fully reconciled balance sheet with no balancing adjustments.
- Monitor, reconcile and report on stock movements.
- Oversee payroll processing and reporting, including timesheet data and associated implications to projects.
- Oversee the payment process for subcontractor payments (and any other payments driven from timesheet records)
- Ensure balance reconciliations are completed monthly and reviewed to close out any actions.
Benefits:
-
Private Pension Scheme
-
Health cashplan
-
Discount and cashback scheme
-
Annual bonus
-
Discounted gym scheme
-
Long service award
-
Retail discount scheme
-
Employee assistance programme