Project Controller

Surrey Satellite Technology Limited; Guildford; On-site; GBP 60,000 - 90,000; Full time

Job summary

Surrey Satellite Technology Limited is seeking a finance professional to lead bidding activities and project control. The role requires coordinating with Engineering and Bid teams to ensure accurate costings, milestones and cash flow management.

Candidate should have IFRS 15 experience and a strong finance/ accounting background in a dynamic engineering environment, with excellent communication and analytical skills. This position is based in Guildford, with focus on bids and project delivery.

Qualifications

• Experience in an IFRS 15 project costing, bidding and delivery environment.
• ACCA / CIMA / ACA or related degree desirable.
• Solid understanding of finance and project accounting standards.
• Excellent organisational, analytical and communication skills.
• Able to multi-task across multiple bids and projects and adapt to changing priorities.

Responsibilities

• Act as finance lead on bidding activities, validating bid costings and applying financial criteria.
• Determine milestone payment plans with Bid manager to secure favourable cash position.
• Assist bid managers with bid presentation packs.
• Ensure compliance to the Bid Process.
• Regularly review project costs, commitments, forecasts and cash flow.
• Present financial status in management reviews and risk registers.

Skills

Financial analysis

Project budgeting

Forecasting

Risk management

Stakeholder communication

Education

ACCA / CIMA / ACA or related degree

Tools

Excel

PowerPoint

Dynamics

Data Warehouse

SharePoint

S4 Hana

Job description

Experience within a project-related (IFRS 15) environment covering both costing, bidding and program delivery. Experience within a dynamic and fast paced organisation. Experience within an Engineering / Manufacturing industry.

• Operate as finance lead on bidding activities. This involves reviewing & validating the bid costings that have been prepared by Engineering. Ensure that associated financial criteria are correctly applied (e.g. foreign currency, customer approved rates, profit margins, taxation, provisions & contingencies).
• Work with Bid manager to determine appropriate milestone payment plans to ensure most favourable cash position.
• Assist bid managers with bid presentation pack preparation.
• Work with Bid team to ensure compliance to the Bid Process.

Project Control

• Working closely with project managers to ensure financial objectives are met and to play a key role within the project decision making process whilst striving to act as the "CFO" of the project.
• Regular review of project actual costs, commitments and forecasts with the Project team & project managers, in conjunction with the project schedule.
• Regular review of overall financial project health and steer of recovery actions (e.g. cash, debtors, in year financial trading position).
• Presentation of financial status in relevant management reviews.
• Regular review of the project risk register ensuring a strong risk management culture and financial link.
• Work across functions to resolve queries, mitigate issues and ensure project data is of the highest quality.
• Providing required management accounting project data according to the reporting schedule of the business. Includes sales, profit & cash flow monthly / quarterly forecasting.
• Management of all customer financial reporting requirements & interaction with customer's financial / reporting tools for both bids and projects.
• Support to any required internal / external project related audits.
• Taking an active role in identifying and delivering improvements to processes within finance and the business (e.g. assisting with collection of cost of non-quality data)
• Ad-hoc requests from team leader.
  ACCA / CIMA / ACA or related degree would be desirable., Proven and demonstrable experience in a relevant role.

• Positive attitude and strong work ethic
• Excellent organisational, analytical and team working skills.
• Flexible and able to multi-task; managing a number of different bids and projects simultaneously and being able to adapt to changing priorities.
• Solid understanding of finance & applicable project accounting standards.
• Excellent inter-personal & communication skills - both written and verbal.
• Able to develop good working relationships with key people in the business.
• Ability to use various Microsoft tools (e.g. Excel, Power point, Dynamics, Data Warehouse, Share point). A high level of Excel skill is required.
• High level of concentration and attention to detail with ability to sense check.
• Knowledge of S4 Hana (Public Cloud) would be advantageous but not essential.