Finance Manager

Finance Manager

North West- Hybrid

Permanent - Full time

Competitive salary - car allowance and strong benefits package

NG Bailey are currently seeking an experienced Finance Manager to join our team within our engineering division. This is a high-profile role pivotal in driving financial performance across diverse contract types, including fixed-price, cost-plus, and target-price agreements. You will provide robust financial leadership, ensuring accurate reporting and insightful analysis to support strategic decision-making.

With the government's commitment to infrastructure spending on defence, nuclear, rail and healthcare and its decarbonisation targets, we are confident that the markets in which we operate are resilient and we are in a strong position to benefit.

Key Responsibilities:

• Prepare and review monthly P&L statements for multiple projects and business units.
  • Deliver variance analysis and commentary on key drivers of performance
• Responsible for the preparation and reporting of divisional quarterly forecasts, the annual budget and three-year strategic plan

• • Partner with project managers and commercial teams to challenge assumptions and improve financial outcomes

• Responsible for regional project balance sheet and working capital reporting
  • ensuring its integrity by understanding and analysing the key working capital balances and how / when these will convert into cash flows
  • driving financial discipline, bringing clarity and simplicity of reporting for key themes, risks and opportunities
  • improving accuracy and speed / efficiency of reporting
  • proactively engaging with stakeholders to drive the resolution of actions

• Develop and execute audit plans tailored to cost-plus contracts, ensuring all reimbursable costs align with contractual terms and client expectations

• Succinctly and clearly presenting analyses and themes for these key reporting processes to stakeholders at various review meetings
• Own the business units short-term cash flow (3 month) and long-term cash flow (12 months) forecasting models ensuring they are fit for purpose as the business and its systems / processes evolve
• Take a lead role in the planned system and process improvements for CVR reporting (Cost Value Reconciliation) which aims to streamline and automate the contract reporting process with greater insight into contract operational and financial performance metrics
• Being the key point of contact for the external auditors on the division
• Be able to work closely with the wider Engineering and Group finance team whilst building strong relationships with the operational and commercial senior leadership teams of the business units (mainly Commercial and Operational Directors)

• The role will also initially provide support into our Central Engineering Finance Team for traditional accounting tasks such as balance sheet reconciliations, overheads and tracking cashflow.

Requirements:

• ACA or CIMA qualified with relevant post qualification experience within a related sector
• Experience in a contracting environment including long-term contract accounting and balance sheet rigor
• Strong interpersonal and communication skills with the confidence to challenge stakeholders
• Experience of designing and implementing new reporting / management information in an efficient manner
• Previous experience working within a finance roles as part of an alliance or joint venture.
• Experience in summarising key messages in a simple manner from large volumes of data
• Experience in working capital and cash modelling
• Excellent at data manipulation (excel skills)

Next Steps:

As a business, we're on a journey to build on our culture where everyone is included, treated fairly and with respect. This starts with recruitment and how we bring people into the organisation.

We'll do our best to outline the recruitment process to you ahead of time with plenty of notice. If you require any accommodations to participate in the application or interview process, please let us know and we will work with you to ensure your needs are met.

About Us:

We are one of the leading independent engineering and services businesses in the UK. Founded in 1921, with a turnover of £500m and 3000 employees, we are proud of our history of developing great people through our investment in training.

Working across a variety of sectors within the building and infrastructure industry, our innovative, responsible and forward-thinking approach allows us to work on fantastic ground-breaking projects, providing solutions using the latest tools and technologies.

Progression is something we value, and we will make sure that when you join us you have a clearly defined development path, supported by regular reviews, training and ongoing support to enable you to be the best you can be.