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For Companies At a Glance
- Tasks: Manage financial reporting and support project teams in understanding their financial performance.
- Company: Join a growing company in the engineering and construction sector with a dynamic team.
- Benefits: Competitive salary, career development opportunities, and a chance to make an impact.
- Other info: Onsite role with travel required; excellent opportunity for career growth.
- Why this job: Be a key player in driving financial success for exciting projects.
- Qualifications: Qualified finance professional with experience in project accounting and strong Excel skills.
The predicted salary is between 55000 - 65000 £ per year.
March are seeking a Finance Manager to assist in the recording, preparation and monitoring of the cost value reconciliations and management accounts within their growing Process divisions. The Finance Manager is responsible for all management reporting of newly acquired companies and is the main link to head office commercial and financial teams. They will act as business partner to the operating stakeholders, enabling them to understand their contractual obligations and financial performance. As a project based business this role will oversee the production of monthly cost value reconciliations and revenue recognition for each project, along with driving project cashflow and highlighting risk. Note: This role is based onsite but will require travel.
Key Responsibilities
- Provide cost and revenue downloads to operational teams in each business, allowing for review with the project and commercial leads of CVRs (Contract Valuation Report) at month end to the agreed timetable.
- Development of process to align to March.
- Integration of the companies to March reporting requirements.
- ERP implementation.
- Assist project managers in understanding the contractual obligations and financial frameworks of their projects.
- Challenge, verify and establish the trading position of the long‑term projects in the CVR meeting.
- Post adjusting entries from the final CVRs and ensure this reconciles to the trial balance.
- Put in place processes with operations to close out variations and final accounts quickly and to promote a strong cash‑driven culture within operational teams.
- Manage a small team within the Finance department, driving working capital and cash by putting in place processes to bill in an accurate and timely manner.
- Provide detailed analysis and narrative of the operating results with reference to the appropriate forecast.
- Provide detailed analysis to operations to drive margin and working capital improvements.
- Take responsibility for reporting on overheads and submission of month‑end reporting packs to Group including analytical review of relevant sections in monthly management accounts and interrogation of underlying financials.
- Preparation and management of the cash forecast including submission to group on a monthly basis.
- Preparation, analytical review and challenge of relevant sections of budgets, forecasts and strategic plans.
- Provide information, support and analysis to the operational, commercial and financial leads within the business for strategic and operational decisions.
- Develop close working relationships with internal customers to fully understand the business as well as establish a credible & effective network of contacts.
- Assist in driving best practice within the business.
- Adhere to Group policies and processes within the department.
- Any other duties as reasonably requested.
Qualifications and Experience
- Qualified (ACA, CIMA, ACCA)
- Previous experience in this role within a Projects based Engineering, Construction or facilities industry
- Deadline driven accounts Group reporting experience
- Excellent Excel skills and systems understanding
- Must have experience of projects accounting
- Excellent verbal and written communication skills
- Ability to prioritize work in a fast‑moving environment
- Experience of implementation of finance systems or change projects
Finance Manager in Newcastle upon Tyne employer: MARCH
Contact Detail:
MARCH Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Manager in Newcastle upon Tyne
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and project management sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its projects. Understand their financial processes and challenges. This will help you tailor your responses and show that you're not just another candidate, but someone who can genuinely add value.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with the role of Finance Manager. Highlight your skills in cost value reconciliations and project accounting, and don’t forget to mention your knack for driving cashflow and managing teams.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us. So, don’t hesitate – get your application in today!
We think you need these skills to ace Finance Manager in Newcastle upon Tyne
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Finance Manager role. Highlight your experience in project accounting and any relevant qualifications like ACA, CIMA, or ACCA. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your experience with cost value reconciliations and how you can help drive project cashflow. Let us know what makes you tick!
Showcase Your Communication Skills: Since this role involves working closely with operational and commercial teams, make sure to highlight your excellent verbal and written communication skills. We need someone who can build strong relationships and convey complex financial information clearly.
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at MARCH
✨Know Your Numbers
As a Finance Manager, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you've used them in past roles. Be prepared to explain your approach to cost value reconciliations and revenue recognition.
✨Showcase Your Project Experience
Since this role is project-based, highlight your experience in managing finances for projects. Share specific examples of how you've driven cash flow and mitigated risks in previous positions. This will show that you understand the unique challenges of project accounting.
✨Communicate Clearly
Excellent verbal and written communication skills are crucial. Practice explaining complex financial concepts in simple terms, as you'll need to liaise with operational teams. Consider preparing a brief presentation on a past project to showcase your ability to communicate effectively.
✨Build Relationships
This role requires close collaboration with various stakeholders. Think about how you've built relationships in previous roles and be ready to discuss your approach. Emphasise your ability to work as a business partner and how you can support operational and commercial leads.