An opportunity has arisen to join the Finance team in Power T&D England & Wales, working to act as a finance business partner for their project(s) and be responsible for all aspects of financial management, reporting & control.
As a Finance Manager, you will provide general business partnering support, including supporting the financial team with Power growth, with an opportunity to be involved in wider partnering and managing peaks/throughs of the project workload.
What you'll be doing
Budget Management. Develop and manage budgets for a portfolio of projects, ensuring accurate cost estimations, and tracking expenditures against approved budgets.
Cost Control: Implement cost control measures to optimize project expenses without compromising quality, constantly seeking opportunities for cost savings and efficiency improvements.
Working Capital Analysis: Monitor cash flow and liquidity, ensuring timely payments to vendors, subcontractors, and other stakeholders to maintain smooth project operations.
Financial Reporting: Support the preparation of financial reports feeding into project performance, cost trends, KPI's and overall financial health.
Manage period end reporting cycles.
Ensure compliance with Gated Business Lifecycle.
Visibility: Attend site meetings and site visits to ensure integration with the wider project teams.
A good level of commercial understanding and experience of NEC option C and E contracts would be advantageous.
Standardising an approach across all contracts and building a robust process to ensure the processes evolve and improve as more contracts are won.
Provide necessary support to Commercial counterpart(s) working on individual contracts ensuring knowledge share and control of financial information in line with the contract.
Ledger Management including Reconciliations, journals and validation of Revenue and profit reported
Who we're looking for
Strong analytical skills, with demonstrated ability to create quality, well organised financial analysis from multiple data sources. Attention to detail and accuracy required.
Previous experience of Balfour Beatty systems including R12, Power BI, IRIS, PBCS would be beneficial
Strong communication, numerical and presentation skills including the ability to deliver reports orally and written in an objective and persuasive manner, demonstrating initiative and resilience when challenged.
Strong commercial acumen is desired due to the need to interpret a wide range of contracts
Proactive, problem-solving individual who takes full ownership and accountability of their work.
Confidence to work closely with the Commercial team and building good working relationships across the portfolio of projects.
Experience of contract reviews and commercial reporting desired.
Act as a strong advocate for best practice, able to support and defend practical deployment and solutions, whilst remaining open to the ideas of others.
Why work for us
Day in, day out, our teams deliver amazing projects in challenging conditions; developing, managing and maintaining the vital infrastructure and public spaces that modern economies, societies and communities rely on.
Why join us?
As if contributing to and supporting work that makes life better for millions wasnt rewarding enough, we offer a full range of benefits too. You'll have the freedom to shape the package thats right for you and your life. Here are some of our key benefits:
25 days paid annual leave (pro rata)
Family friendly policies which include 28 weeks full pay for maternity/adoption leave and four weeks full pay for paternity/partners leave
Pension, share incentive plan, volunteering leave, recognition schemes and much more
About us
Balfour Beatty's Enabling Functions includes our centralised HR, IT, Procurement, Finance, Health & Safety, Sustainability and Comms teams. Together we support Balfour Beatty to deliver projects on behalf of our clients. We operate according to our Build to Last values of Lean, Expert, Trusted and Safe.
We value diversity and celebrate individual differences, believing that our inclusive culture helps the business continue to grow as a strong, dynamic and innovative organisation.
Balfour Beatty is a corporate signatory to WISE (Women in Science & Engineering). Our aim is to attract more people from diverse backgrounds to help us build on our inclusive culture. We are a member of the workingmums.co.uk Top Employers' Charter through which we demonstrate our commitment to enabling parents to progress and enhance their careers whilst managing the challenges of family life.
Balfour Beatty is also Gold Award holders in the Ministry of Defence 'Employer Recognition Scheme' and actively encourage applications from Armed Forces personnel, veterans and reservists.
Job Reference: BBUK16356
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