We are currently looking to support our client in Montrose with a need for a Financial Analyst FP&A to work between two offices within Energy Equipment Segment. Great opportunity to assist with all elements of Financial Planning and Analysis for 2 ledgers (UK and Baku), with a heavy focus on local business partnering.
This is a great opportunity to join our clients Rig Aftermarket FP&A Team, based between their Forfar and Montrose offices.
Pay Rate: £19.13 - £26.92 per hour
Duration: 12 months
Hours: Mon-Thu 08:00-16:30, Fri 08:00-15:15, 30 minute lunch
The role covers but is not limited to:
FINANCIAL PLANNING AND ANALYSIS:
- To assist with the financial planning and analysis tasks for 2 ledgers (UK and Baku) within Rig Aftermarket team, across various departments within the business.
- To assist the local management team with reporting, analysis, and presentation, as required, on actual, forecast and plan numbers.
- To review ongoing projects for the relevant Business Units and ensure timely and accurate revenue and cost recognition.
- To assist in the completion and review of monthly P&L and management reports and assist in the preparation of variance analysis to FP&A Manager.
- Prepare Labour recovery reconciliations for several Business units and assist FP&A manager with their review.
- To 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.
- To review and reconcile relevant Contract Assets and Liabilities sections, including ageing monitoring and commentary.
- Monthly working capital analysis and commentary.
- Monitor monthly Capex spend and forecast against budget.
- To assist with monthly Forecast and Annual Financial Plan preparation.
- Build good working relationship with other team members and Business partners.
- Proactively analyse cost trends within the departmental P&Ls
- To look for efficiencies and continuous improvement in systems and procedures in relation to FP&A, and reporting.
ACCOUNTING TASKS:
Performing accounting tasks for FP&A related areas and provide support to a wider Finance team in Rig Aftermarket, as required. This includes but is not limited to:
- Monthly journals preparation and posting relating to the FP&A areas.
- Balance sheet reconciliations
- Supporting wider business with information requests (external and internal auditors; tax; compliance; Statutory Accounting team, others)
- Dealing with AR and AP departments and related issues as an when required
- Support month- end close and subsequent reporting
- Other accounting and FP&A tasks as required.
Qualifications:
Essential:
- Degree in Accountancy or Finance or equivalent
Desirable:
- Professional accountancy qualification such as CIMA / ACCA
Experience:
Essential:
- Experienced business partner working with non-financial management.
- Experience working within known ERP systems
Desirable:
- Working within a financial / accounting environment of a larger entity – 3 years +
- Experience of POC accounting methods
- Experience working within Oracle and Glovia ERP systems
Skills Training or Special Knowledge:
Essential:
- Microsoft Excel/ Word/ Power Point
- Excellent Excel skills
- Great Communication skills
- Excellent Analytical skills