Overview
About The Role — An exciting opportunity has arisen to join Balfour Beatty Regional Scotland as a Finance Manager overseeing a £150M portfolio of construction projects across Scotland. As an integral part of the construction senior management team, you’ll be at the heart of delivery, partnering closely with senior project leaders and influencing decisions that genuinely matter. You will be a key interface with stakeholders including project management, internal business partners, Finance Managers, shared services and internal/external auditors. Expect to be based in the head office at EuroCentral or on sites with project teams 60% of the week, with some flexible working and occasional travel.
Responsibilities
- Develop and manage budgets for construction sector projects across Scotland ensuring accurate cost estimations and tracking expenditures against approved budgets.
- Implement cost control measures to optimize project expenses without compromising quality, constantly seeking opportunities for cost savings and efficiency improvements.
- Prepare and present financial reports to senior management, providing insights into project performance, cost trends, KPI’s and overall financial health.
- Manage period end reporting cycles.
- Ensure compliance with Gated Business Lifecycle.
- Monitor cash flow and liquidity, ensuring timely payments to vendors, subcontractors, and other stakeholders to maintain smooth project operations.
- Identify financial risks and implement strategies to mitigate them, ensuring compliance with financial regulations and industry standards.
- Conduct financial forecasting and analysis to support decision-making, project future financial trends, and assess potential impacts on the business.
- Stay informed about market trends, economic indicators, and industry benchmarks, utilizing this information to make informed financial decisions and adapt financial strategies accordingly.
- Develop and maintain financial models to evaluate the financial viability of potential projects, incorporating various factors such as construction costs, financing options, and market trends.
- Experience with NEC option A, C and E contracts would be advantageous.
- Ledger management including reconciliations, journals and validation of revenue and profit reported.
- Auditing and compliance: Coordinate internal and external audits, ensuring compliance with accounting principles, tax regulations, and other financial standards.
- Assist in capital planning and investment decisions, evaluating the financial feasibility of tenders, net debt and ad hoc initiatives.
- Collaborate with BB tax professionals to develop tax strategies and ensure compliance with tax regulations, optimizing the company’s overall tax position.
- Perform ad hoc financial analysis and reporting as needed, addressing specific inquiries from senior management or stakeholders and contributing to informed decision-making.
Qualifications
- Experience in operating at a similar level as part of a project team
- Experience in contracting would be an advantage
- ACCA, CIMA or ICAS qualified
Benefits
- Smart working, giving you more flexibility such as staggered start and finish times, with up to 40% remote working, where roles allow.
- 25 days paid annual leave (pro rata)
- Family friendly policies including 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
From Dunfermline’s tramways in 1909 to highland hospitals today, Balfour Beatty has been trusted for over a century to deliver the complex and critical infrastructure and iconic buildings Scotland relies on.
We have the people, knowledge and experience to safely deliver projects right first time, maximising value for money and ensuring a positive social impact and inclusive economic growth for local communities.
Our award-winning sustainable projects, including active travel, Passivhaus and retrofit, demonstrate our commitment to supporting Scotland’s transition towards net zero in the built environment.
Diversity and inclusion
At Balfour Beatty we believe that diversity and inclusion are essential components of any successful, happy workplace. Through our Value Everyone Diversity and Inclusion Strategy and Action Plan, we are growing our diverse workforce and developing our inclusive culture where everyone is able to thrive and reach their full potential, regardless of their identity or background. To find out how we are making this a reality, visit www.balfourbeatty.com/diversityandinclusion.
To help and support us with our desired commitment to create an inclusive culture we are members of WISE, enei, Business Disability Forum and the Association for Black and Minority Ethnic Engineers (AFBE). In 2020, we signed the Audeliss and Involve Open Letter to demonstrate our commitment to taking key long term and sustainable actions on Black Inclusion. Balfour Beatty is also a Gold Award.
For further information, and to apply, please visit our website via the “Apply” button below.
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