Primary Purpose
Provide the lead on Naval Base financial arrangements for Future Maritime Support Programme (FMSP), supporting NBCD Head of Finance. Collaborate with Contract Management Team, Commercial, Ops Directorate and PST.
Manage the FMSP contract financial processes. Providing comprehensive operational finance and accounting support and advice to the Devonport Head of Finance, Commercial team and Intelligent Customers.
Undertake Financial Planning (10 year ABC) and In-Year Management.
Support to Decision Making and Financial Assurance.
To lead Naval Base financial arrangements and support the Contract Management Team on the financial input towards project NSIGN the FMSP replacement, for NBC(D).
Provide the lead for NSIGN (future contract) contract development.
Secondary Purpose
Assist the Head of Finance and Head of Finance as they direct, plan and monitor finance within the NBC(D) budget area, including the management and continuous improvement of the Devonport Naval Base financial planning and reporting systems.
Liaise with CAAS in order to ensure that a regular exchange of information and ideas takes place on all matters regarding Devonport business and the Babcock FMSP contract.
Responsibilities
The postholder must adhere to the NBC(D) Diversity and Inclusion Policy.
The post holder must adhere to the NBC(D) Diversity and Inclusion Policy.
FMSP Contract Management
Lead the Finance input to the Contract Management Team working closely with Contract Manager and Commercial and acting as the Finance Business Partner for FMSP. SME for financial operation and interpretation of the FMSP contract. Corporate knowledge holder for contract negotiation. Bring his team and the wider business up to speed, influencing the cultural shift both internally (within Lot 1) and externally (other Lots and Babcock).
Extract, analyse and understand data from FRT and other sources such as Sharpcloud and Time Recording in order to manage transformation, savings, risk and taking improvement into Renown (FMSP 2)
Monitor contract value and ABL and CP&F CPA values.
Ensure FMSP bill for Lot 1 is correctly paid and on time each month and approve requisitions on CP&F.
In-Year Management
Manage delivery of the monthly FMSP FOO (circa £250m) to time and quality. Develop the internal format to reflect contract architecture and ownership. Ensure accurate & consistent forecasting and variance analysis throughout the year - out-turn to be within +/- 1% of AP9 FOO
Financial Planning
Manage FMSP ABC costing (£2.5bn over 10-years). Ensure accurate and robust costing with variance analysis, and identification of risk. Support scrutiny process.
Authority
Authorised to liaise and correspond directly at the appropriate level with internal and external authorities as necessary.
RM FMSP is authorised to represent Head of Finance as required in the normal course of business management.
The post holder has authority to exercise financial delegations issued Navy Command up to £10m.