Finance Business Partner

Location:
United Kingdom
Department:
Finance
Job Description

Purpose:

  • To provide accounting and financial analysis to the business unit
  • To provide commercial financial support to all (bid, project, costing)
  • To ensure compliance with statutory financial controls as required within the relevant business unit

 

Key Deliverables:

  • Ownership of business unit finances, projects, overhead and working capital
  • Partnering with key personnel to understand primary cost & revenue drivers and variances
  • Daily liaison with operational and commercial management to understand costs and to provide both challenge and support to project and financial forecasts & budgets
  • Support preparation and concurrence of project financial models for new bids and tenders to include cash flow, IRR, payback
  • Completion of ongoing and post-project financial reviews with Project Managers outlining and highlighting budget differences and variances from original plan
  • Detailed analysis of monthly financials (projects, fleet as appropriate) and forecasts for review by BU MD and Director of Commercial Finance
  • Support the overall finance team in preparation of monthly Management Information Pack
  • Month-end (project, fleet) journal preparation and approval support
  • Prepare month end flash reporting for review with the business unit MD and Director of Commercial Finance
  • Completion of monthly forecasting and annual budgeting
  • Completion of monthly backlog reporting
  • Monitor contracts and ensure that all customer invoices / credit notes / contract variations are raised & logged in an accurate and timely fashion.
  • Inform project managers on status of customer payments and cashflow
  • Ad hoc duties as required
Qualifications, Skills and Experience
  • 2–5 years post-qualified (CIMA / ACCA / ACA)
  • Experience of monthly variance analysis, forecasting, budgeting, project accounting and standard costing.
  • Ability to understand technical & operational issues at a high level and translate these into financial terms.
  • Excellent communication and presentational skills.
  • Ability to present & explain finance to non-financial managers.
  • Project accounting and, ideally, knowledge of revenue recognition accounting
  • Standard and absorption costing
  • Ability to work pro-actively & independently managing varying workloads on different projects but managing time to meet all deadlines as they fall due
  • Understanding and knowledge of contracts and the contractual process in either a marine, construction or project environment
  • Advanced Microsoft Excel based skills; be comfortable with financial formulae Lookups, Pivots
About The Company

The Global Marine Group is an innovative market leader in offshore engineering with an enviable track record of successful project execution. The Group consists of four business units; Global Marine providing fibre optic cable solutions to the telecommunications and oil & gas markets, CWind delivering a range of project services, CTVs and GWO-accredited training courses to the offshore wind industry, Global Offshore delivering cable installation, repair and trenching services to the offshore renewables, utilities and oil & gas markets and OceanIQ providing unparalleled subsea cable data, survey, route engineering, permitting and consultancy services for telecom and power cable installation projects.

The Group also demonstrates its global reach with two successful joint ventures, SB Submarine Systems in China, and CWind Taiwan.

With a global workforce of over 850 talented individuals, together the Group has installed over 300,000 kilometers of subsea telecoms cable and more than 1,500km of power cables, performed maintenance operations on 33% of the worlds fibre optic cables and offered  engineering services, assets and highly qualified personnel for projects at more than 50 wind farms globally.

The Global Marine Group team is full of passionate people, sharing a wealth of knowledge and constantly achieving excellence. Together the Global Marine Group is committed to engineering a clean and connected future.