Lead Finance Specialist - Project Control

Baker Hughes; Newcastle upon Tyne; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A global engineering firm in the UK seeks a Project Finance Manager to oversee project financial management, ensure compliance, and deliver financial insights for large projects. Candidates should have a degree in finance, relevant certifications, and experience in project accounting. Flexible working patterns are available, along with comprehensive benefits.

Benefits

Comprehensive private medical care options

Life insurance and disability programs

Tailored financial programs

Contemporary work-life balance policies

Qualifications

• Experience in project accounting or finance within construction, engineering, or infrastructure.
• Strong knowledge of US GAAP and/or IFRS, especially revenue recognition.
• Experience managing multi-million-dollar projects.

Responsibilities

• Oversee end-to-end accounting for large, customized projects.
• Apply ASC 606 / IFRS 15 for long-term contracts.
• Deliver timely financial statements, reconciliations, and management reports.

Skills

Analytical skills

Communication skills

Stakeholder management

Project Accounting

Education

Bachelor’s degree in Accounting, Finance, or related field

Professional certification (CPA, ACCA, CMA, or equivalent)

Tools

ERP systems (Oracle, Anaplan, CFIN)

Job description

Overview

Do you enjoy taking ownership for driving costs out of projects?

Are you an experienced Finance Leader looking for a new opportunity?

Join our Flexible Pipe Systems team

We design, engineer and manufacture subsea flexible pipes for use in oil and gas production systems. Our systems are installed in offshore fields around the globe. Read more at https://www.bakerhughes.com/subsea/flexible-pipe-systems

Partner with the best
We are looking for a Project Finance Manager to lead financial management for large, complex projects. This role ensures accurate accounting, compliance, and financial insights to support strategic decision-making.

You’ll play a key role in driving financial success for complex, high-value projects, working closely with senior leaders in a dynamic and collaborative environment.

As a Lead Finance Specialist – Project Control, you will be responsible for:

• Project Financial Management: Oversee end-to-end accounting for large, customized projects, including cost tracking, budgeting, and variance analysis.
• Revenue Recognition: Apply ASC 606 / IFRS 15 for long-term contracts, milestone billing, and percentage-of-completion methods.
• Budgeting & Forecasting: Partner with project and commercial teams to prepare budgets, forecasts, and cash flow projections.
• Reporting: Deliver timely financial statements, reconciliations, and management reports.
• Audit & Compliance: Ensure adherence to corporate policies, internal controls, and regulatory requirements.
• ERP & Systems: Manage project accounting modules in ERP systems (Oracle, Anaplan, CFIN).
• Stakeholder Support: Provide financial insights to project directors and senior leadership.
• Risk & Control: Identify risks, implement controls, and recommend process improvements.

Fuel your passion

To be successful in this role you will:

• Hold a Bachelor’s degree in Accounting, Finance, or related field.
• Hold a professional certification (CPA, ACCA, CMA, or equivalent) preferred.
• Demonsrate experience in project accounting or finance within construction, engineering, or infrastructure.
• Have strong knowledge of US GAAP and/or IFRS, especially revenue recognition.
• Demonstrate xperience managing multi-million-dollar projects and ERP systems (Oracle, Anaplan, CFIN).
• Have advanced knowledge of project accounting standards.
• Have strong analytical and problem-solving skills.
• Have excellent communication and stakeholder management.
• Have a high attention to detail and accuracy.
• Demonstrate the ability to manage multiple projects in a fast-paced environment.

Work in a way that works for you

We recognize that everyone is different and that the way in which people want to work and deliver at their best is different for everyone too. In this role, we can offer the following flexible working patterns:

• One of our core values as a business is collaboration and, as such, whilst flexible work options are available, we believe there is a great benefit of having our teams co-located in one of our many offices across the UK.

Working with us

Our people are at the heart of what we do at Baker Hughes. We know we are better when all of our people are developed, engaged and able to bring their whole authentic selves to work. We invest in the health and well-being of our workforce, train and reward talent and develop leaders at all levels to bring out the best in each other.

Working for you

Our inventions have revolutionized energy for over a century. But to keep going forward tomorrow, we know we have to push the boundaries today. We prioritize rewarding those who embrace change with a package that reflects how much we value their input. Join us, and you can expect:

• Contemporary work-life balance policies and wellbeing activities
• Comprehensive private medical care options
• Safety net of life insurance and disability programs
• Tailored financial programs
• Additional elected or voluntary benefits