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- Tasks: Support project profitability through data analysis, reporting, and cost management.
- Company: Join a dynamic organisation focused on financial health and project success.
- Benefits: Enjoy a permanent role with opportunities for growth and collaboration.
- Why this job: Be part of a team that values accuracy and impactful decision-making in finance.
- Qualifications: Strong analytical skills, advanced Excel proficiency, and experience in financial tasks required.
- Other info: Ideal for those who thrive in fast-paced environments and enjoy teamwork.
The predicted salary is between 36000 - 60000 £ per year.
Our Client seeks a Project Finance Analyst to join their team on a permanent basis. The Project Finance Analyst plays a crucial role in supporting the financial health and profitability of projects within the organisation. The Project Finance Analyst will provide accurate and timely management and financial reporting, which is essential for informed decision-making by the finance and executive teams. The Project Finance Analyst works closely with the Group FP&A Manager, the Executive Director of Finance and IT, and various project stakeholders to maintain and enhance project profitability reporting and the utilization of key project management tools.
Key Accountabilities:
- DATA ANALYSIS AND REPORTING: Preparing fee forecast reports for Directors' meetings. Providing ad-hoc reports on fees, sub-consultants, time, non-rechargeable and rechargeable expenses. Generating project status and time reports. Creating dashboards and performing financial modelling using advanced formulas and pivot tables. Gathering and combining data from multiple sources, ensuring data integrity, accuracy, and standardization.
- PROJECT COST MANAGEMENT: Management of the project sub-consultant process from start to finish including encouraging purchase orders to be raised, posting sub-consultant invoices, accruing for costs where necessary, and maintaining the work in progress balance for rechargeable costs. Performing the monthly cost write off routine. Reconciling rechargeable costs vs. rechargeable expenses. Gathering and combining data from multiple sources, ensuring data integrity, accuracy, and standardization.
- PROJECT FEE MANAGEMENT: Collecting fee supporting client correspondence and written communication with Directors, Associate Directors, Associates, and Project Architects. Supplying the Sales Ledger Clerks with the information needed to prepare timely and accurate sales invoices against correct work stages, including handling adjustment journals if needed. Assisting the Group FP&A Manager in maintaining full monthly project reconciliations and profitability. Gathering and combining data from multiple sources, ensuring data integrity, accuracy, and standardization.
Key requirements for the Project Finance Analyst include:
- Strong data analytical skills and attention to detail for interpreting financial data accurately.
- Advanced Excel skills.
- VBA, SQL, PowerPivot, Power Query are advantageous, however not essential.
- Effective communication with stakeholders, including directors and auditors, is crucial.
- Able to do multiple tasks in a fast-paced environment and work both independently and collaboratively.
- A background in purchase and sales ledger, along with experience in managing financial tasks and collaborating with stakeholders, is required.
Project finance analyst employer: TN United Kingdom
Contact Detail:
TN United Kingdom Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Project finance analyst
✨Tip Number 1
Familiarise yourself with advanced Excel functions, as this role heavily relies on data analysis and reporting. Consider brushing up on pivot tables and financial modelling techniques to demonstrate your proficiency during the interview.
✨Tip Number 2
Showcase your ability to communicate effectively with various stakeholders. Prepare examples of past experiences where you successfully collaborated with directors or project teams, as this will highlight your interpersonal skills.
✨Tip Number 3
Research the company’s projects and financial health prior to your interview. Being knowledgeable about their current initiatives will allow you to ask insightful questions and demonstrate your genuine interest in the role.
✨Tip Number 4
Practice explaining complex financial concepts in simple terms. This skill is crucial for a Project Finance Analyst, as you'll need to convey information clearly to non-financial stakeholders.
We think you need these skills to ace Project finance analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Project Finance Analyst role. Emphasise your data analytical skills, advanced Excel capabilities, and any experience with financial reporting or project management tools.
Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the key accountabilities mentioned in the job description. Use examples from your past experiences to demonstrate how you meet the requirements, particularly in data analysis and project cost management.
Showcase Technical Skills: If you have experience with VBA, SQL, PowerPivot, or Power Query, make sure to mention these in your application. Even if they are not essential, showcasing your technical skills can set you apart from other candidates.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects attention to detail, which is crucial for a role that involves financial data interpretation.
How to prepare for a job interview at TN United Kingdom
✨Showcase Your Data Skills
As a Project Finance Analyst, strong data analytical skills are essential. Be prepared to discuss your experience with data analysis and reporting, particularly how you've used Excel, pivot tables, and any other relevant tools in past roles.
✨Communicate Effectively
Effective communication is key in this role. Practice articulating complex financial concepts clearly and concisely, as you'll need to interact with various stakeholders, including directors and auditors.
✨Demonstrate Project Management Knowledge
Familiarise yourself with project cost management and fee management processes. Be ready to discuss how you've managed similar tasks in previous positions, highlighting your ability to maintain data integrity and accuracy.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities in a fast-paced environment. Think of examples where you've successfully handled multiple tasks or resolved conflicts while working independently or collaboratively.
