Job Description
An exciting opportunity has arisen for an ambitious finance professional looking to progress their experience within a FTSE listed construction business with a track record of delivering high profile infrastructure projects.
This is a critical role within the R2R function that involves collecting, processing, validating and presenting accurate financial data. Whilst also providing strategic, financial and operational feedback on the performance of the company to senior management.
The role will be involved in assisting in the set up and development of the R2R processes, supporting the Senior Finance Manager & providing delivery of day-to-day finance activities.
The role includes exposure to senior management of the group and other central finance functions, providing an excellent opportunity to demonstrate your ability for further advancement.
Responsibilities
You will provide financial information to a broad range of business unit owners & functional areas supporting them to understand their reported financial actuals, identifying cash & working capital risks and opportunities.
It is essential that you can convey financial information to non-financial stakeholders at a senior level.
The Primary Responsibilities Of This Role Are
- Team management & development of 3 direct reports
- Manage the daily cashflow reporting ensuring all the payments and receipts are identified.
- Manage and review of the debtors’ ledger for the main group companies, oversight of all company debtors’ ledgers and debtor reporting. Including the Aged debt Reporting under IFRS 9.
- Resolve any queries escalated by the team for all working capital management items
- Production of robust and timely financial results and support the business partners with their reported numbers.
- Review the WIP and group debt reporting working closing with the FP&A team to resolve issues.
- Manage the balance sheet working capital analysis, whilst also having ownership of the debtors & cash processes
- Manage the central reporting of the debtor position and risks within the debtor balances to include joint ventures.
- Review and sign off all balance sheet reconciliations for the O2C team, ensuring any adjustments are rectified on a timely basis.
- Manage the setting up or removing bank accounts when projects are either set up or are completed.
- Assist in driving standard processes for all O2C tasks through principles of simplification, standardisation, and, working with the wider teams to automate where appropriate.
- Support Ad-hoc projects including system developments where necessary
Qualifications
QUALIFICATIONS
Qualified Chartered Accountant or Certified Practicing Accountant (ACA/ACCA/CIMA) with +5 years’ experience
Experience
- Minimum 3+ years’ experience in a similar finance systems role.
- Management, development and co-ordination of small teams essential.
- Proven experience of process and systems optimisation.
- Proven experience in managing cashflows and working capital management.
- Working with Oracle Enterprise One, or similar ERP system desirable.
Skills
- Can remain calm and focused under pressure, handling challenging situations with composure. Adapts quickly to change in project plans or unexpected issues. Reflects on setbacks to identify lessons learned and applies these insights to future tasks. Encourages resilience in others, providing support and fostering a positive work environment.
- Can prepare, present and explain complex management reporting/financial performance and explain complex financial themes with relevant insights to improve business performance independent of support
- Where necessary, provide reasoned advice on how to monitor, analyse report and advise on project cashflows and profitability, and advise on any financial implications and appropriate management actions.
- Demonstrate a thorough understanding of accounting records and systems including nominal ledger coding structures. Can review ledgers to ensure accuracy. Understands requirement for separation of duties and able to identify potential areas of risk. Understands the purpose of internal controls and ensures they are followed.
- Excellent communication skills, with confidence to present to senior stakeholders.
- Ability to think strategically, challenge current processes and introduce improvements.
Personal Attributes
- Self-motivated and a self-starter, with the ability to build positive relationships. Gravitas to influence, challenge and support in a matrix environment.
- Display strong commercial awareness, vigilant attention to the changing business environment and emerging opportunities and risks.
- Hands on approach to Operational Finance.
- Set and achieve high standards for themselves and for others, takes personal accountability for results.
- Identifies, anticipates, and navigates problems and obstacles to performance in an orderly and calm manner. Responds creatively to personal and team challenges.
- Communicates openly and honestly with others, listens to differing views and seeks to create a common understanding and agreement to proposed actions.
About Us
Costain helps to improve people’s lives with integrated, leading edge, smart infrastructure solutions across the UK’s energy, water, transportation and defence markets. We help our clients improve their business performance by increasing capacity, improving customer service, safeguarding security, enhancing resilience, decarbonising and delivering increased efficiency. Our vision is to be the UK’s leading smart infrastructure solutions company. We will achieve this by focusing on blue chip clients whose major spending plans are underpinned by strategic national needs, regulatory commitments, legislation or essential performance requirements. We offer our clients leading edge solutions that are digitally optimised through the following five services which cover the whole lifecycle of their assets: future-shaping strategic consultancy; consultancy and advisory; digital technology solutions; asset optimisation and complex programme delivery. Our culture and values underpin everything we do.
Costain appreciate the time and effort taken when applying for one of our positions but, due to the high volume of responses, we are unable to provide individual feedback on candidates at application phase.
We do share individual feedback following an interview .
A Disability Confident employer will generally offer an interview to any applicant that disclose they have a disability and meets the minimum criteria for the job as defined by the employer.
It is important to note that in certain recruitment situations such as high-volume, seasonal and high-peak times, the employer may wish to limit the overall numbers of interviews offered to both disabled people and non-disabled people.
For more details please go to the Disability Confident website:
https://www.gov.uk/government/collections/disability-confident-campaign