modular engineering into diagram

Finance Analyst

Published
06/13/2024
Expires
07/31/2024
Location
Immingham, United Kingdom
Job Type

Description

Purpose As a Finance Analyst, you will play a pivotal role in supporting the financial operations of our projects and ensuring the company's fiscal health. Your responsibilities will include financial analysis, budgeting, forecasting, and reporting.

JOB DESCRIPTION

Main Accountabilities & Competencies

Key Responsibilities

• Conduct in-depth financial analysis, including project cost analysis, revenue recognition and profitability assessments.
• Evaluate financial performance, identifying trends, variances, and opportunities for improvement.
• Collaborate with project managers and stakeholders to develop project budgets and forecasts.
• Build and maintain flexible financial tools to assist with the forecasting and budgeting process
• Monitor budget vs. actual performance and provide regular updates and analysis.
• Create and maintain financial models to assess project feasibility, ROI, and cash flow projections.
• Support decision-making by providing scenario analysis and sensitivity testing.
• Assist in cost control measures, cost allocation, and cost-saving initiatives.
• Analyse and recommend cost reduction strategies while maintaining project quality.
• Build and model accurate and timely financial reports, including income statements, balance sheets, and cash flow statements for use at project and divisional levels
• Present financial results to management and project stakeholders.
• Identify and assess financial risks associated with construction projects.
• Maintain financial databases and records, ensuring accuracy and consistency.
• Streamline financial data collection and reporting processes.
• Collaborate with cross-functional teams to develop deeper financial analysis

Key Indicators/Requirements
• Achievement of Key Performance Indicators and Service Level Agreements, as set by your line manager from time-to-time.
• Satisfied clients, both internal and/or external.
• Timely completion of work.
• Quality of work.
• Adherence to relevant processes, procedures, and policies.
• Professionalism.
• Integrity.
• Trust.
• Team Spirit.

Commercial & Risk
• Function as an ambassador for the Company, always presenting the right image to existing and potential clients.
• To attend meetings and forums, representing the Company.
• Forge links and establish communication with relevant colleagues and other stakeholders.

Health, Safety, Environment & Quality
• Inform line/project manager of potential project risks identified in a timely manner.
• Working within the Company’s ISO9001:2015 quality systems.
• Responsible for own safety at work.
• Consideration to be given to others in working environment.
• Adhere to Company and client health and safety procedures.
• Comply with – and work to - relevant procedures, policies, processes, and standards, to meet the required level of quality in all outputs.
• Zero non-conformances to all Company, client, and project specific quality and safety plans.
• Adherence to PPE requirements, where applicable.

Technical Requirements
• Keep up to date with latest industry and functional standards, technology, and norms.
• Be familiar with all relevant systems.
• A good understanding of the availability and use of all relevant electronic tools and software.
• Full awareness and understanding of relevant legislation and standards, and their practical application.
• Awareness and understanding of all relevant Company Policies, processes, and procedures.

PERSON SPECIFICATION

Knowledge, Skills, Experience & Qualifications
• The role is required to have a degree in Finance or related field.
• Previous experience in financial analysis, preferably in the Engineering or Construction industry.
• People skills.
• Honesty, integrity, and reliability.
• Solid written and verbal communication skills.
• High diligence.
• Organisational skills.
• Critical thinking and problem-solving skills.
• Research skills.
• Analytical skills.
• Excellent computer skills, including MS Office, particularly Excel, Word, and Outlook.
• Understanding of data privacy standards.

These roles and responsibilities are issued as a guideline to help you understand the duties you are expected to undertake as part of your role. They may be subject to change from time-to-time to meet business needs, and you may be required to carry-out additional duties that are reasonably consistent with your skills and status.

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