Finance Analyst

Our client is looking for a Finance Analyst for a 12 month contract position, located in Forfar with 1 day at our clients Montrose office (Hybrid Working)

RESPONSIBILITIES:

• Assist with the financial planning and analysis tasks for 2 ledgers (UK and Baku) within Rig Aftermarket team, across various departments within the business.
• Assist the local management team with reporting, analysis, and presentation, as required, on actual, forecast and plan numbers.
• Review ongoing projects for the relevant Business Units and ensure timely and accurate revenue and cost recognition.
• Assist in the completion and review of monthly P&L and management reports and assist in the preparation of variance analysis to FP&A Manager.
• Prepare Labour recovery reconciliations for several Business units and assist FP&A manager with their review.
• Review aged WIP and provide commentary to the business to ensure Projects are being completed on a timely basis and to feed this into the accounting team for SOX purposes.
• Review and reconcile relevant Contract Assets and Liabilities sections, including ageing monitoring and commentary.
• Monthly working capital analysis and commentary.
• Monitor monthly Capex spend and forecast against budget.
• Assist with monthly Forecast and Annual Financial Plan preparation.
• Build good working relationship with other team members and Business partners.
• Proactively analyse cost trends within the departmental P&Ls
• Look for efficiencies and continuous improvement in systems and procedures in relation to FP&A, and reporting.

Accounting Tasks:

• Performing accounting tasks for FP&A related areas and provide support to a wider Finance team in Rig Aftermarket, as required. This includes but is not limited to:
• Monthly journals preparation and posting relating to the FP&A areas.
• Balance sheet reconciliations
• Supporting wider business with information requests (external and internal auditors; tax; compliance; Statutory Accounting team, others)
• Dealing with AR and AP departments and related issues as an when required
• Support month- end close and subsequent reporting
• Other accounting and FP&A tasks as required.

REQUIREMENTS

Essential:

• Degree in Accountancy or Finance or equivalent
• Experienced business partner working with non-financial management.
• Experience working within known ERP systems
• Microsoft Excel/ Word/ Power Point
• Excellent Excel skills
• Great Communication skills
• Excellent Analytical skills

Desirable:

• Professional accountancy qualification such as CIMA / ACCA
• Working within a financial / accounting environment of a larger entity – 3 years +
• Experience of POC accounting methods
• Experience working within Oracle and Glovia ERP systems