At a Glance
- Tasks: Lead financial performance across diverse contracts and provide insightful analysis for strategic decisions.
- Company: Join a leading independent engineering firm with a strong commitment to innovation.
- Benefits: Competitive salary, car allowance, strong benefits, and a clear development path.
- Why this job: Make a real impact in a high-profile role within a resilient market.
- Qualifications: ACA or CIMA qualified with experience in contracting environments.
- Other info: Dynamic team culture focused on inclusion, respect, and professional growth.
The predicted salary is between 36000 - 60000 £ per year.
NG Bailey are currently seeking an experienced Finance Manager to join our team within our engineering division. This is a high-profile role pivotal in driving financial performance across diverse contract types, including fixed-price, cost-plus, and target-price agreements. You will provide robust financial leadership, ensuring accurate reporting and insightful analysis to support strategic decision-making.
Key Responsibilities:
- Prepare and review monthly P&L statements for multiple projects and business units.
- Deliver variance analysis and commentary on key drivers of performance.
- Responsible for the preparation and reporting of divisional quarterly forecasts, the annual budget and three-year strategic plan.
- Partner with project managers and commercial teams to challenge assumptions and improve financial outcomes.
- Responsible for regional project balance sheet and working capital reporting ensuring its integrity by understanding and analysing the key working capital balances and how/when these will convert into cash flows.
- Drive financial discipline, bringing clarity and simplicity of reporting for key themes, risks and opportunities.
- Improve accuracy and speed/efficiency of reporting.
- Proactively engage with stakeholders to drive the resolution of actions.
- Develop and execute audit plans tailored to cost-plus contracts, ensuring all reimbursable costs align with contractual terms and client expectations.
- Succinctly and clearly present analyses and themes for these key reporting processes to stakeholders at various review meetings.
- Own the business units short-term cash flow (3 month) and long-term cash flow (12 months) forecasting models ensuring they are fit for purpose as the business and its systems/processes evolve.
- Take a lead role in the planned system and process improvements for CVR reporting (Cost Value Reconciliation).
- Be the key point of contact for the external auditors on the division.
- Work closely with the wider Engineering and Group finance team whilst building strong relationships with the operational and commercial senior leadership teams of the business units.
- Provide support into our Central Engineering Finance Team for traditional accounting tasks such as balance sheet reconciliations, overheads and tracking cashflow.
Requirements:
- ACA or CIMA qualified with relevant post qualification experience within a related sector.
- Experience in a contracting environment including long-term contract accounting and balance sheet rigor.
- Strong interpersonal and communication skills with the confidence to challenge stakeholders.
- Experience of designing and implementing new reporting/management information in an efficient manner.
- Previous experience working within finance roles as part of an alliance or joint venture.
- Experience in summarising key messages in a simple manner from large volumes of data.
- Experience in working capital and cash modelling.
- Excellent at data manipulation (Excel skills).
Next Steps:
As a business, we’re on a journey to build on our culture where everyone is included, treated fairly and with respect. This starts with recruitment and how we bring people into the organisation. We’ll do our best to outline the recruitment process to you ahead of time with plenty of notice. If you require any accommodations to participate in the application or interview process, please let us know and we will work with you to ensure your needs are met.
About Us:
We are one of the leading independent engineering and services businesses in the UK. Founded in 1921, with a turnover of £500m and 3000 employees, we are proud of our history of developing great people through our investment in training. Working across a variety of sectors within the building and infrastructure industry, our innovative, responsible and forward-thinking approach allows us to work on fantastic ground-breaking projects, providing solutions using the latest tools and technologies. Progression is something we value, and we will make sure that when you join us you have a clearly defined development path, supported by regular reviews, training and ongoing support to enable you to be the best you can be.
Finance Manager in Salford employer: NG Bailey
Contact Detail:
NG Bailey Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Manager in Salford
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who work in engineering or contracting environments. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your financial analysis skills. Be ready to discuss how you've tackled complex financial challenges in the past. We want to see your problem-solving prowess shine through!
✨Tip Number 3
Showcase your communication skills! Practice explaining financial concepts in simple terms, as you'll need to present analyses to stakeholders. Remember, clarity is key when discussing performance drivers and forecasts.
✨Tip Number 4
Don’t forget to 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 engage directly with us.
We think you need these skills to ace Finance Manager in Salford
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Finance Manager role. Highlight your experience with P&L statements, forecasting, and stakeholder engagement. We want to see how your skills align with our needs!
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. Share specific examples of your past achievements in financial leadership and how they relate to our projects.
Showcase Your Analytical Skills: We love data-driven decision-making! In your application, mention your experience with variance analysis and cash flow modelling. Show us how you've used these skills to drive financial performance in previous roles.
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, we’ll keep you updated on the process every step of the way.
How to prepare for a job interview at NG Bailey
✨Know Your Numbers
As a Finance Manager, you'll need to be on top of your financial game. Brush up on key financial metrics and be ready to discuss how you've used them in past roles. Prepare examples of how you've improved financial outcomes through analysis and reporting.
✨Understand the Business
Familiarise yourself with NG Bailey's projects and the sectors they operate in, like defence and healthcare. This will help you speak confidently about how your financial leadership can drive performance in these areas. Show that you understand their strategic goals and how finance plays a role.
✨Prepare for Scenario Questions
Expect questions that ask you to solve hypothetical problems related to contract types or financial forecasting. Think about how you would approach variance analysis or cash flow modelling in different scenarios. Practising these will help you articulate your thought process clearly.
✨Build Rapport with Stakeholders
Strong interpersonal skills are crucial for this role. Be prepared to discuss how you've successfully collaborated with project managers and commercial teams in the past. Highlight your ability to challenge assumptions while maintaining positive relationships, as this will resonate well with the interviewers.