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- Tasks: Analyse programme costs and support financial planning for key projects.
- Company: Join a dynamic team in the aviation and aerospace industry.
- Benefits: Enjoy a full-time role with opportunities for growth and development.
- Why this job: Make a real impact by providing strategic financial insights and driving efficiency.
- Qualifications: Bachelor's degree or relevant experience; strong analytical skills required.
- Other info: Open to early careers; must be eligible for UK Eyes Only SC clearance.
The predicted salary is between 36000 - 60000 £ per year.
Location: High Wycombe OR West London
Our client is seeking a PMO Finance Analyst to join their team. Happy to consider early careers or experienced candidates for this position. We are seeking a highly analytical and detail-oriented Programme Finance Analyst to oversee financial planning, reporting, and cost management for key programmes. Working closely with Programme Managers and stakeholders, you will ensure financial accuracy, drive efficiency, and provide strategic insights to support decision-making.
Key Responsibilities:
- Review and analyse programme costs, forecasts, and financial performance.
- Support Programme Managers and Work Package Leads in budgeting, cost estimation, and financial planning.
- Monitor actual financials against bid estimates and ongoing forecasts, identifying variances and potential risks.
- Ensure timesheet bookings accurately reflect labour costs across projects.
- Maintain financial schedules, sub-ledgers, and reports to track programme finances.
- Conduct variance analysis on costs, schedules, and scope, proactively addressing discrepancies.
- Oversee resource allocation, ensuring alignment with programme requirements.
- Prepare financial reports for customers in line with contractual obligations.
- Manage programme cash flow, gross margin analysis, and invoicing processes.
- Assist with financial modelling, project budgeting, and forecasting.
- Provide financial insights to Programme Managers and senior leadership.
- Lead formal quarterly Programme Cost Reviews.
- Support month-end closing processes.
Key Requirements:
- Bachelor Degree in a related field or related experience.
- Analytical.
- Proficient with Excel.
Please note candidates must be eligible to obtain UK Eyes Only SC clearance.
Seniority level: Not Applicable
Employment type: Full-time
Job function: Finance, Project Management, and Accounting/Auditing
Industries: Aviation and Aerospace, Component Manufacturing, and Defense and Space Manufacturing
PMO Finance Analyst employer: Innovate
Contact Detail:
Innovate Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land PMO Finance Analyst
✨Tip Number 1
Familiarise yourself with financial planning and reporting tools commonly used in the aviation and aerospace industries. This knowledge will not only help you stand out but also demonstrate your commitment to understanding the specific requirements of the PMO Finance Analyst role.
✨Tip Number 2
Network with professionals in the finance and project management sectors, especially those who have experience in programme finance. Engaging with them can provide valuable insights into the role and may even lead to referrals or recommendations.
✨Tip Number 3
Prepare to discuss your analytical skills in detail during interviews. Be ready to share examples of how you've successfully managed budgets, conducted variance analysis, or improved financial processes in previous roles or projects.
✨Tip Number 4
Stay updated on industry trends and challenges in the aviation and aerospace sectors. Being knowledgeable about current events and how they impact financial management will show your potential employer that you're proactive and engaged in the field.
We think you need these skills to ace PMO Finance Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the PMO Finance Analyst role. Focus on your analytical abilities, proficiency with Excel, and any experience in financial planning or project management.
Craft a Strong Cover Letter: Write a cover letter that specifically addresses the key responsibilities mentioned in the job description. Explain how your background and skills make you a suitable candidate for overseeing financial planning and reporting.
Highlight Relevant Experience: In your application, emphasise any previous roles where you managed budgets, conducted variance analysis, or supported financial decision-making. Use specific examples to demonstrate your impact in those positions.
Showcase Analytical Skills: Since the role requires a highly analytical mindset, include examples of how you've used data analysis to drive efficiency or provide insights in past roles. This will help illustrate your capability to support Programme Managers effectively.
How to prepare for a job interview at Innovate
✨Showcase Your Analytical Skills
As a PMO Finance Analyst, your analytical abilities are crucial. Be prepared to discuss specific examples of how you've used data analysis to drive financial decisions or improve processes in previous roles.
✨Familiarise Yourself with Financial Terminology
Make sure you understand key financial concepts relevant to the role, such as budgeting, forecasting, and variance analysis. This will help you communicate effectively with Programme Managers and stakeholders during the interview.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills in real-world scenarios. Think about how you would handle discrepancies in financial reports or manage resource allocation under tight deadlines.
✨Demonstrate Your Proficiency with Excel
Since the role requires strong Excel skills, be ready to discuss your experience with advanced functions, data analysis tools, and any financial modelling you've done. If possible, bring examples of your work to illustrate your capabilities.
