Commercial Finance Manager

Commercial Finance Manager - Sci-Tech Campus - Daresbury - £50k to £60k + Car Allowance + 15% Bonus + Pension + Healthcare + Hybrid WorkingAlexander Daniels have been exclusively retained to recruit an ambitious Commercial Finance Manager to join a growing Digital business based on the prestigious Sci-Tech Campus in DaresburyMy client is Digital business which is part of a larger group of businesses operating throughout the UK and delivers technical and process services to some of the world's best-known brands. Over the last few years, the Group has successfully harnessed the synergies of the constituent businesses to offer a complete range of technical and process engineering services, covering the full lifecycle of assets. As Commercial Finance Manager within the Digital division, you will be reporting to the Group FD and very closely with the site MD. You will be responsible for all management reporting and become the main link to head office commercial and financial teams. Whilst acting as business partner to the operating stakeholders allowing them to understand their contractual obligations and financial performance. As a project based business this role will oversee the production of monthly Cost value reconciliations, and revenue recognition for each project. Whilst driving project cashflow and highlighting risk.Key Responsibilities will include:

• Provide cost and revenue downloads to operational teams in each business, allowing for review with the project and commercial leads of CVR's (Contract Valuation Report) at month end, to the agreed timetable.
• Assist project managers in understanding the contractual obligations and financial frameworks of their projects
• Challenge, verify and establish the trading position of the long-term projects in the CVR meeting
• Post adjusting entries from the final CVR's and ensure this reconciles to the trial balance.
• Put in place processes with operations to close out variations and final accounts quickly, and to promote a strong cash-driven culture within operational teams.
• Manage a small team within the Finance department, driving working capital and cash by putting in place processes to bill in an accurate and timely manner.
• To provide detailed analysis and narrative of the operating results with reference to the appropriate forecast.
• To provide detailed analysis to operations to drive margin and working capital improvements
• Take responsibility for reporting on overheads and submission of month end reporting packs to Group including analytical review of relevant sections in monthly management accounts and interrogation of underlying financials
• Preparation and management of the cash forecast including submission to group on a monthly basis.
• Preparation, analytical review and challenge of relevant sections of budgets, forecasts and strategic plans.
• To provide information, support and analysis to the operational, commercial and financial leads within the business for strategic and operational decisions.
• To develop close working relationships with internal customers to fully understand the business as well as establish a credible & effective network of contacts.
• To assist in driving best practice within the business.
• Adhere to Group policies and processes within the department.

The successful Commercial Finance Manager will have the following skills and experience:

• Qualified or Newly Qualified (ACA, CIMA, ACCA)
• Previous experience in a similar role within a Projects based Engineering, Construction or facilities management industry
• Deadline driven accounts Group reporting experience
• Excellent Excel skills and systems understanding
• Must have experience of projects accounting
• Excellent verbal and written communication skills
• Ability to priorities work in a fast-moving environment
• Experience of implementation of finance systems or change projects

What is on offer for the successful Commercial Finance Manager?

• Salary will be £50,000 to £60,000 dependant on experience
• Car Allowance
• 15% bonus
• Pension
• 25 days holidays + bank holidays
• Life Assurance
• HealthCare
• Hybrid working
• Critical illness cover

How to ApplyIf you are a motivated and experienced Finance Business looking for a new challenge, please submit your application, including your resume and a cover letter, to . I look forward to hearing from you!Due to the output from our search activity and level of applications expected, we will only be able to get back to relevant candidates.