Job Description
JAB Recruitment is sourcing a Financial Analyst FP&A on behalf of our Oilfield Services client. This is a 12-month contract position based between the Forfar and Montrose offices within the Energy Equipment Segment. The role offers a great opportunity to assist with all elements of Financial Planning and Analysis for two ledgers (UK and Baku), with a strong emphasis on local business partnering.
The role covers, but is not limited to:
Financial Planning and Analysis:
* Assist with financial planning and analysis tasks for two ledgers (UK and Baku) across various departments.
* Support the local management team with reporting, analysis, and presentations on actual, forecast, and planned numbers.
* Review ongoing projects for the relevant business units, ensuring timely and accurate revenue and cost recognition.
* Assist in completing and reviewing monthly P&L and management reports and in preparing variance analysis for the FP&A Manager.
* Prepare labour recovery reconciliations for several business units and assist the FP&A Manager with their review.
* Review aged WIP and provide commentary to ensure projects are completed in a timely manner, feeding this into the accounting team for SOX compliance.
* Review and reconcile relevant contract assets and liabilities sections, including aging monitoring and commentary.
* Conduct monthly working capital analysis and provide commentary.
* Monitor monthly Capex spend and forecast against budget.
* Assist with monthly forecast and annual financial plan preparation.
* Build strong working relationships with team members and business partners.
* Proactively analyse cost trends within the departmental P&Ls.
* Identify efficiencies and continuous improvement in FP&A systems and reporting procedures.
Accounting Tasks: Perform accounting tasks related to FP&A and provide support to the wider finance team as needed. This includes:
* Preparation and posting of monthly journals related to FP&A areas.
* Balance sheet reconciliations.
* Supporting the business with information requests (e.g., external and internal auditors, tax, compliance, statutory accounting team).
* Collaborating with AR and AP departments as needed.
* Supporting 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:
* Experience as a business partner working with non-financial management.
* Experience working within known ERP systems.
Desirable:
* 3+ years of experience working in a financial/accounting environment within a larger entity.
* Experience with POC accounting methods.
* Experience working with Oracle and Glovia ERP systems.
Skills, Training, or Special Knowledge: Essential:
* Proficiency in Microsoft Excel, Word, and PowerPoint.
* Excellent Excel skills.
* Strong communication and analytical skills.