Job Description
Remarkable people, trusted by clients to design and advance the world.
Wood Transmission & Distribution Ltd is seeking a skilled Projects Finance Manager with a minimum of three years post-qualification experience for a hybrid position based in Scotland. You will collaborate with our Project Management teams, providing financial insights to enhance cash flow and profitability, while supporting our rapid growth through regular site visits. We have works issued under various frameworks across Scotland. This hybrid role can be based out of Wood's Glasgow or Aberdeen offices.
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The Role
Reporting directly to the Senior Finance Manager and working closely with other Projects Finance Managers, this pivotal role offers the opportunity to provide in-depth analysis and valuable insights into the financial dynamics of Transmission & Distribution projects.
As Projects Finance Manager Scotland, you will be a strategic partner to the Project Management teams. Your responsibilities will include providing financial analysis, performance evaluations, ensuring compliance, and focusing on cash flow and profit enhancements. You will also deliver precise forecasts and budgets to maintain a transparent financial outlook. Active engagement in site visits will enhance your commercial acumen and operational understanding. You will play a vital role in ensuring controlled performance amidst the ambitious growth strategies of the broader Transmission & Distribution business.
We welcome applications from experienced Projects Finance Managers with at least three years of post-qualification experience and a proven track record in forecasting & assurance, cash management & collection, project costings, and month-end reporting. Well-honed stakeholder management abilities are essential. While we welcome candidates from diverse industries, we may prioritize those with proven experience in construction or electricity supply.
Our Clients and Projects
Designing the future. Transforming the world.
As a leading provider of engineering and construction services to the UK transmission and distribution sector, Wood Transmission & Distribution Ltd is at the forefront of net zero 2050 initiatives, with a secured workstream for years to come. The successful candidate will have the opportunity to add value to our Finance team to support our growing workload and the increased network capacity required to deliver the UK government's pathway to 2030 and the transition to net zero.
What we can offer
* Meaningful and interesting projects delivered to industry leaders across emerging energy sectors
* Flexible working arrangements that balance client, team, and individual needs, offering hybrid and remote working where relevant
* Commitment to Diversity and Inclusion; we are an organization actively committed to diversity and inclusion, with employee networks giving all employees a voice
* Competitive salary with regular reviews to reward market-competitive compensation
* Flexible benefits package; including 33 days annual leave (public holidays included), a generous contributory pension scheme, private medical cover, 4x base salary life insurance, and more, adaptable to your lifestyle
* Commitment to professional development; tailored development plans to support your growth
* Global connections; join industry experts worldwide shaping standards and leading innovation
Responsibilities
Typical responsibilities
Forecasting & Assurance
* Coordinate stakeholder inputs to prepare and present the End Life Forecast, incorporate it into fully supported Rolling and Annual Forecasts for consolidation
* Investigate variances in project cost, revenue, and cash performance to determine appropriate forecast assumptions and actions
* Ensure compliance with the Financial Management Framework, understanding, mitigating, and reporting financial risks
* Liaise with external and internal auditors
* Provide ad-hoc assistance and reporting on issues including risk reviews, problem-solving, and improvement plans
Cash Management & Collection
* Collaborate with Commercial/Project Teams to ensure timely submission of applications and invoices per contract terms
* Calculate and manage system cost-to-bill rate conversions
* Assess unbilled project amounts promptly
Accurate Project Costings
* Work with the project team to ensure accurate monthly cost accruals and provisions are recorded, supported, and understood
* Liaise with Financial Shared Services for timely and accurate cost allocations within the Cost/Work Breakdown Structure
Month-End Reporting
* Lead end-to-end project accounting activities and prepare monthly financial reports covering P&L, Accounts Receivables, Unbilled, Backlog validation to EPM reporting
* Ensure project data is submitted per system timelines
* Monitor financial targets, track performance, and manage improvement actions
Qualifications
What makes you remarkable?
At Wood, we are committed to equal opportunities and welcome all talented individuals. Even if you don't meet every statement but have some relevant experience, we encourage you to apply. Collaboration is key to solving critical challenges.
Expected qualifications:
* Qualified CIMA / ACCA / CPA or equivalent with at least three years post-qualification experience, including extensive Management Accounts and ERP/forecasting system experience
* Problem-solving skills, with a focus on effective solutions
* Excellent verbal and written communication skills, stakeholder management, and commercial awareness
* Proficiency in Excel & PowerPoint, strong ethical values, and honesty in communication
* Highly organized, able to prioritize and meet deadlines without compromising accuracy
* Willingness to travel to various sites and build strong working relationships
p>This is an incredible opportunity to join a growing business at the forefront of the net zero movement! With a secured workstream for years, you'll be part of a dynamic team driving change. We look forward to your application and how you can contribute to our journey!
About Us
Wood is a global leader in consulting and engineering, operating in 60 countries with around 35,000 employees. We help solve critical challenges in energy and materials markets. www.woodplc.com
Diversity Statement
We are an equal opportunity employer, valuing diversity. All qualified applicants will be considered based on objective criteria, regardless of race, color, age, religion, gender, national origin, disability, sexual orientation, gender identity, veteran status, or other characteristics as per relevant laws.
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