Project Finance Business Parter

Description:

Project Finance Business Partner

We are recruiting for a Finance Business Partner on a permanent basis in Birmingham (hybrid, office based 2 days per week) Ideally, you'll be from a Construction background with project experience, who can think outside of the box and not afraid to challenge. You'll be part of the team responsible for developing and managing the entire end-to-end financial cycle including providing strategic advice and insight at both the corporate and Directorate level, the creation and management of a framework of financial governance, controls, and delegations and for the processing and management of day-to-day transactions, including the prompt payment of invoices.

The team monitors expenditure against the approved budget with reports to the Executive and the Board and works with directors and heads of department in managing their individual budgets.

As a Project Finance Business Partner, you will need to have/be:

Ability to work as part of a matrix project team, working closely with Project Managers, Commercial Managers, Planning and Cost Managers and Project Engineers
Ability to interpret financial information and determine appropriate IFRS accounting treatment.
Ability to use Excel spreadsheets to analyse large and complex data sets and provide useful management information
CCAB qualified accountant
Knowledge of Oracle accounting systems or other similar ERP systems
Experience in providing financial information to inform project decisions, recognising consequence against cost, schedule, and quality.
Experience in business planning, forecasting experience within a project environmentDetails:

Salary: £47, 450 - £71, 000 per annum
Working Hours: Full Time Monday - Friday
Location: Birmingham (hybrid)
Duration: PermanentRole of Project Finance Business Partner:

Corporate Governance/Managing Public Money
Provides guidance on the application of governance within area
Acting as the Chief Financial Officer's representative at monthly review meetings
Review and financial endorsement of Change and Investment Papers, challenging all risk/ opportunities/ ensuring programme impacts are clearly identified and any associated costs recorded
Representative on investment change panels
Providing assurance to the Delivery Director (DD) that reported expenditure and contract payments are appropriate.
IFRS Accounting /National Audit Office (NAO)
Provides input to development of policies and Enterprise reporting and planning development
Provides guidance on appropriate IFRS accounting treatment of transactions (prepayment / accruals/ liabilities)
Provides justification and supporting evidence of accounting adjustments to NAO Auditors as required.
Financial Reporting/ Month/ Year end
Oversee the month end financial accounts close
Prepare the accounts and plan for year-end audit
Complete monthly analytics of contract spend and accruals held and challenge budget holders
Provide budget variance commentary
Review and assure Programme Board Packs.
Funding/Cash Flow
Review and challenge emerging forecasts and monitor against Spending Review (SR) funding
Propose remedial actions to Delivery Director
Work with Contractor's Finance leads and commercial to improve Actual Cost of Work Performed and cash flow data
Develop Cashflow forecast, challenge the supply chain submissions.
Business Planning/Forecast
Support and maintain the Business Planning and forecasting process, providing guidance on planning principles and expectations as provided by business planning
Provides assurance to the Area Delivery Director that data provided by cost management / commercial is reliable.
Budget Management
Supports Delivery Directors in determining the appropriate disaggregation & delegations to Sectors / Contracts
Facilitate system changes required and reporting requirements for budget management.
Workforce Costs & Indirects
Provides Workforce Actual costs & forecast information to inform programme estimates
Challenges budget holders to achieve workforce objectives and optimise resources.Benefits of working as a Project Finance Business Partner:

a competitive pension scheme, with up to 12 per cent employer contributions
a starting salary that reflects your skills and experience
a cash allowance in lieu of benefits, which means you can choose which benefits are right for you and your family
core company funded benefits such as life assurance, income protection and health cash plan
25 days annual leave plus public holidays
access to tax-efficient voluntary benefits scheme & retail, health, leisure, and travel offers
access to an Employee Assistance Program
financial and health well-being programmes