Duration: 12 months
Location: Forfar, but 1 day in Montrose (Tuesdays) and 1 WFH
Job Description:
Financial Analyst FP&A based between the client’s Forfar and Montrose 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.
The role covers but 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 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 and 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