Finance Manager -Project Accounting 4 views

Finance Manager -Project Accounting

Organisation Profile : The Humanitarian and Stabilisation Operations Team (HSOT) is currently seeking to appoint a Finance
Manager who will form part of management of the Operations Team within the programme.
HSOT, implemented by Palladium, provides the Foreign,
Commonwealth and Development Office (FCDO) and other UK Government departments with
capacity and specialist expertise for effective UK response to sudden-onset
disasters, protracted crises, and complex emergencies.
This role will report
directly into the Senior Programme Manager  – Operations and will support the HSOT Senior
Management Team (SMT) as well as stakeholders such as the Vice President of
Finance, EMEA. This is a crucial role for the programme as this role will
oversee all aspects of the project finances and be the financial focal point
for the FCDO.
This role will be
responsible for financial reporting, accounts payable, accounts receivable,
aged debt, budgeting, and forecasting. The role has a strong managerial
element, with a medium sized team to manage and will lead on elevating the
finance teams’ profile within the programme and within the company.
This is a client facing role
requiring a high level of negotiation and influencing skills, as well as
significant demonstrable finance experience. The Finance Manager will also be responsible for assisting in the review of monthly
project finance and accounts, budgets for accuracy, creating budget narratives,
and responding to financial requests as needed. The successful candidate will
need to have strong communications skills and analytical analysis to maintain the
positive relationships with colleagues, partners, and clients.
Primary Duties and Responsibilities: 

Financial Management
Setting targets for the Finance Team so that they meet key company and client deliverables such billing targets and invoice deadlines.
Manage the Accounts Payable and Accounts Receivable functions for the programme.
Project governance deliverables include monitoring of timelines and milestones, managing risk and issues, exception escalations, stakeholder management.
Ensure compliance with tax legislation and escalate any issues that might impact on tax compliance.
Manage and facilitate project level financial audits, internally as well as externally.
Manage monthly bank and cash advance reconciliations.
Producing financial reports for Palladium corporate and responding to related queries
Overseeing the closing of project accounts for HEROS 1 at the time of outcome of the tender  and leading on transition to the new contract.
Ownership of client and company forecasts, ensuring robust planning assumptions that are well understood by the wider HSOT team and delivering great forecast accuracy.
Lead the creation of annual budgets for the company and for the client.
Support the HSOT SMT in delivering against the budget, highlighting any financial risks, and developing mitigating strategies.
Working with capabilities across the project supporting them with producing accurate forecasts for their teams.
Routinely report Project Income variances, along with analysis and insight that support management decision making,
Comply with all aspects of Palladium’s month end and ad hoc reporting.
Support Project Management Team and Senior Management Team in creating financial data for client reports such as annual review, quarterly progress reports and the programmes KPIs.
Review and post accounts payable vouchers and ensure that correct payment processes are followed.
Personnel Management:
Provide line management to the HSOT Finance team.
Support the Finance Team members in setting targets and set clear expectations for quality, accuracy, and timeliness.
Supporting the team with training, learning and development opportunities.
Manage performance of staff by providing clear guidance, support, mentoring and coaching.
Ensure new staff across the programme are inducted and supported so that they can take up their roles as soon as possible.
Identifying and promoting cross team working opportunities for the finance team.

Required Qualifications:

• Bachelor’s Degree
• ACA / ACCA / CIMA equivalent
• Experience in project accounting and revenue recognition preferred.
• Hands on finance and accounting experience industry.
• Business or accounts administration is desirable.
• Experience of carrying out audits
• Understanding of VAT legislation and its application in project accounting
• Good knowledge of accounting policies and procedures.
• Strong accounting, business, and administration skills.
• Strong analytical, planning, and financial management skills coupled with the ability to thrive under pressure.
• Ability to analyse financial data and prepare financial reports.
• High level of attention to detail and accuracy.
• Ability to resolve complex issues, build solid relationships and deliver outcomes.
• Good organisational and planning skills.
• High standard of written and verbal communication skills in English.
• Excellent skills in Microsoft Office – particularly Excel modelling.
• Experience of leading a team and managing and developing people
• Experience of uplifting process and controls to best practice standards
• Strong staff management experience with the ability to provide growth opportunities within the team

This is a fixed term employment contract for 12 months with a view to be extended. Please apply if you have the right to work in the UK as Palladium does not provide work sponsorships. 

Fixed-Term

Annum

0.00 – 0.00

Our company provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics.