Projects Finance Manager - Scotland - #1759825

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, where you will collaborate with our Project Management teams and provide 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.

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. Actively engaging in site visits this position offers ample opportunities to enhance your commercial acumen and operational understanding . You will have 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 are at the forefront of net zero 2050, 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 to support to 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 leaders of industry 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 organisation actively committed to diversity and inclusion across our business with employee networks committed to giving all employees a voice
• Competitive salary with regular salary reviews to ensure we are rewarding at the right level in line with the market
• Flexible benefits package; inclusive of 33 days annual leave (including public holidays), generous contributory pension scheme, private medical cover, 4x base salary life insurance; all of these and more that can be adapted to suit your own lifestyle
• Commitment to continued professional development; development plans that are tailored to your individual needs and interests
• Global connections; join experts around the world who are at the leading edge of our industry, shaping the standards of our profession
  
  

Responsibilities

Typical responsibilities

Forecasting & Assurance

• Coordinate stakeholder inputs to prepare and present the End Life Forecast, incorporate the ELF into fully supported Rolling and Annual Forecasts for consolidation
• Investigate variances in project cost, revenue, and cash performance to determine appropriate forecast assumptions, adjustments and derive appropriate actions
• Ensure compliance with the Financial Management Framework, understanding, mitigating, and reporting any financial risks
• Liaise with external and internal auditors
• Provide ad-hoc assistance and reporting on various issues including risk reviews, problem-solving, and improvement plans
  
  

Cash Management & Collection

• Collaborate with the Commercial/Project Teams to ensure timely submission of applications and invoices in accordance with contract terms
• Calculate and manage the system cost-to-bill rate conversions.
• Produce timely assessments of unbilled project amounts
  
  

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 to ensure costs are allocated timely and accurately within the Cost/Work Breakdown Structure
  
  

Month-End Reporting

• Lead end to end project accounting activities for the respective Projects and prepare monthly financial reports covering P&L, Accounts Receivables, Unbilled, Backlog validation to EPM reporting at month ends
• Ensure all required project data is submitted per strict system timelines
• Ensure project teams are aware of financial targets, track their performance, and manage actions for improvement
  
  

Qualifications

What makes you remarkable?

At Wood, we are committed to equal opportunities and welcome all talented individuals to consider joining our team. So even if you don't match every statement below but feel you have some of the experience, knowledge or skills needed for this role, we encourage you to apply. It will take all of us working together to deliver solutions to the world’s most critical challenges.

Expected

• Qualified CIMA / ACCA / CPA or equivalent with a minimum of three years post- qualification experience including extensive experience in Management Accounts and ERP/forecasting systems
• Problem-solving expertise, focusing on bringing effective solutions to the table
• Excellent communication skills, both verbal and written, with established stakeholder management skills and commercial knowledge/awareness
• Proficient in Excel & PowerPoint, demonstrating strong ethical values and communicating with openness and honesty
• Highly organized, able to prioritize tasks to meet deadlines without compromising accuracy
• Willing to travel to various sites and capable of forming and maintaining strong working relationships
  
  

This is an incredible opportunity to join a rapidly growing business at the forefront of the net zero movement! With a secured workstream for years to come, you'll be part of a dynamic team driving change. We can't wait to receive your application and see how you can contribute to our exciting journey!

About Us

Wood is a global leader in consulting and engineering, helping to unlock solutions to critical challenges in energy and materials markets. We provide consulting, projects and operations solutions in 60 countries, employing around 35,000 people. www.woodplc.com

Diversity Statement

We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.