Ref:ROXUK00163 – Finance Manager – Project Accounting in Kidderminster

ROXUK001623 Finance Manager – Project Accounting

Reporting to: Head of Finance

Location: Summerfield, Kidderminster (UK operations)

Holidays: 25 + statutory days per annum pro-rata

Salary Band: £44,772 to £66,092

Additional Benefits: Management Bonus Scheme, Contributory pension, on-site parking, Subsidised canteen, Occupational sick pay, Professional membership, Perkbox, Income Protection, Death in service, HealthShield, Sell and Buy Holiday, Cycle to Work Scheme, Workwear.

Hours of Work: 08.00-16.30 Monday to Thursday and 08.00-13.00 Friday

Homeworking: This role is eligible for Hybrid Working.

Company Overview

Roxel is an Anglo‑French company that designs, develops and manufactures solid propellant rocket motors for use in tactical missiles. Its operations span several sites in the UK and France, with a turnover of about £250M and nearly 1,000 staff, of which 300 are in the UK. The UK operations are based at Summerfield, Kidderminster.

Role Summary

The Finance Manager – Project Accounting will oversee the financial management of various projects, manage and mentor a small team of project accountants, and ensure seamless integration between Programmes and financial accounting functions. The role is also responsible for developing process and policy aligning to best practices, driving process improvements, and supporting strategic financial planning to ensure project profitability and organisational success.

Essential Duties and Responsibilities

• Promote zero harm objective by operating in accordance with Health, Safety and Environmental policies to ensure safety and wellbeing of staff and visitors and support SWIM.
• Ensure safe methods of work are utilised in all processes targeting zero harm.
• Ensure Health and Safety standards are fully communicated and understood by relevant stakeholders.
• Project accounting oversight: manage full project lifecycle financially, including budget setup, monitoring, forecasting, and reporting; ensure compliance with company policies and IFRS15.
• Weekly sales forecast data; monthly Contract Status Report (CSR); project cash flow forecasts including payment plan agreements with customers; variance analysis to budgets; hedging of foreign payments; support customer invoicing; prepare quarterly estimates at completions (EAC) inline with IFRS15 / FRS102; track Variation of Price indices and annual invoicing; support annual budgets / 5-year plan; involve in bids and order intake to understand financial risk and rewards.
• Liaise with Programmes Managers and other stakeholders to implement best practices for project financial tracking, analysis, and reporting.
• Identify opportunities for process improvements; design and deliver training sessions on best practices, systems, and compliance; train project accounting team and project managers.
• Create and maintain a collaborative link with financial accounting department to support accurate cash forecasting, budget preparation, and 5-year financial plan.
• Prepare and present comprehensive project financial reports, including variance analysis, to senior management and stakeholders; provide insights and recommendations.
• Ensure all project accounting activities are audit‑ready and support internal and external audits.
• Perform any other duties necessary as requested by the business.

People Management

• Set SMART objectives and ensure expectations are clear to maximise productivity and target achievement.
• Support and document team development via regular performance reviews.
• Target 100% attendance; monitor and manage attendance; conduct return‑to‑work interviews and absence reviews.
• Ensure adequate staffing levels by managing leave requests.
• Address and resolve performance issues promptly; use informal counselling to disciplinary hearings as appropriate.
• Implement training and development activities to encourage multi‑skilling and reduce single‑point failures.
• Provide training and guidance to employees for relevant processes.
• Lead by example, creating a positive environment and influencing the team.
• Support and mentor the team in troubleshooting techniques.
• Encourage teamwork and sharing of best practices.

Experience and Background

Qualification

Essential Qualifications

• Professional qualification such as CIMA / ACCA or equivalent.
• IT literate, advanced Excel and MRP Systems.
• L3 ILM Qualification or equivalent.

Desirable Qualifications

• IOSH Managing Safety Qualification or willingness to work toward it.

Experience

Essential Experience

• Minimum 3 years post qualification experience.
• Experience in a supervisory or management role.
• Demonstrated ability to manage and develop a team: set objectives, conduct reviews, coach, train, drive performance.
• Proven experience in process improvement initiatives.
• Proficiency in accounting software, ERP systems and project management tools (Primavera / SAAP / Kinetic / TROPOS).

Desirable Experience

• Knowledge/experience in project accounting.
• Strong understanding of accounting principles and project management methodologies.
• Experience managing within an EN9100 or Quality Management System culture.

Person Specification

• Demonstrate behaviours aligning with Roxel’s values of Commitment, Innovation, Trust, and Teamwork.
• Excellent communication, leadership, and interpersonal skills; able to collaborate across departments.
• Strong analytical and problem‑solving abilities, with keen attention to detail.

How to apply

Please follow the application process below to send us your CV and motivation letter and specify your salary expectations as part of your application.

NOTE: Obtaining a Security Clearance is a requirement of employment at Roxel UK. Please check guidelines here: https://www.gov.uk/government/publications/united-kingdom-security-vetting-clearance-levels/national-security-vetting-clearance-levels/national-security-vetting-clearance-levels