At a Glance
- Tasks: Lead financial management for large, complex projects and drive financial success.
- Company: Baker Hughes, a global energy technology company with a focus on innovation.
- Benefits: Flexible working patterns, comprehensive medical care, and tailored financial programs.
- Other info: Join a team that values authenticity, collaboration, and personal development.
- Why this job: Make a real impact in a dynamic environment while collaborating with senior leaders.
- Qualifications: Bachelor’s degree in Finance or Accounting; experience in project accounting preferred.
The predicted salary is between 60750 - 74250 £ per year.
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We are looking for a Project Finance Manager to lead financial management for large, complex projects. This role ensures accurate accounting, compliance, and financial insights to support strategic decision-making. You’ll play a key role in driving financial success for complex, high-value projects, working closely with senior leaders in a dynamic and collaborative environment.
As a Lead Finance Specialist – Project Control, you will be responsible for:
- Project Financial Management: Oversee end-to-end accounting for large, customized projects, including cost tracking, budgeting, and variance analysis.
- Revenue Recognition: Apply ASC 606 / IFRS 15 for long‑term contracts, milestone billing, and percentage‑of‑completion methods.
- Budgeting & Forecasting: Partner with project and commercial teams to prepare budgets, forecasts, and cash flow projections.
- Reporting: Deliver timely financial statements, reconciliations, and management reports.
- Audit & Compliance: Ensure adherence to corporate policies, internal controls, and regulatory requirements.
- ERP & Systems: Manage project accounting modules in ERP systems (Oracle, Anaplan, CFIN).
- Stakeholder Support: Provide financial insights to project directors and senior leadership.
- Risk & Control: Identify risks, implement controls, and recommend process improvements.
To be successful in this role you will:
- Hold a Bachelor’s degree in Accounting, Finance, or related field.
- Hold a professional certification (CPA, ACCA, CMA, or equivalent) preferred.
- Demonstrate experience in project accounting or finance within construction, engineering, or infrastructure.
- Have strong knowledge of US GAAP and/or IFRS, especially revenue recognition.
- Demonstrate experience managing multi‑million‑dollar projects and ERP systems (Oracle, Anaplan, CFIN).
- Have advanced knowledge of project accounting standards.
- Have strong analytical and problem‑solving skills.
- Have excellent communication and stakeholder management.
- Have a high attention to detail and accuracy.
- Demonstrate the ability to manage multiple projects in a fast‑paced environment.
We recognize that everyone is different and that the way in which people want to work and deliver at their best is different for everyone too. In this role, we can offer the following flexible working patterns:
One of our core values as a business is collaboration and, as such, whilst flexible work options are available, we believe there is a great benefit of having our teams co‑located in one of our many offices across the UK.
Our people are at the heart of what we do at Baker Hughes. We know we are better when all of our people are developed, engaged and able to bring their whole authentic selves to work. We invest in the health and well‑being of our workforce, train and reward talent and develop leaders at all levels to bring out the best in each other.
Our inventions have revolutionized energy for over a century. But to keep going forward tomorrow, we know we have to push the boundaries today. We prioritize rewarding those who embrace change with a package that reflects how much we value their input. Join us, and you can expect:
- Contemporary work‑life balance policies and wellbeing activities
- Comprehensive private medical care options
- Safety net of life insurance and disability programs
- Tailored financial programs
- Additional elected or voluntary benefits
We are an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet.
Are you seeking an opportunity to make a real difference in a company that values innovation and progress? Join us and become part of a team of people who will challenge and inspire you! Let’s come together and take energy forward.
Baker Hughes Company is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.
Lead Finance Specialist – Project Control job in Newcastle-Upon-Tyne, Tyne and Wear, United Kingdom | Finance jobs at Baker Hughes in Newcastle upon Tyne employer: Baker Hughes
Baker Hughes is an exceptional employer that prioritises quality and innovation in the energy sector, offering a collaborative work culture where employees are empowered to drive continuous improvement. With a strong focus on employee growth, we provide comprehensive benefits, including work-life balance initiatives and private medical care, ensuring our team members thrive both personally and professionally. Join us in a role that not only challenges you but also contributes to making energy safer, cleaner, and more efficient across the globe.
