Senior Finance Manager – Project Accounting

Iarnród Éireann Irish Rail; Leinster; On-site; EUR 90,000 - 130,000; Full time

Job summary

Iarnród Éireann Irish Rail in Ireland invites applications for the position of Senior Finance Manager – Project Accounting within the Capital Investments Division to support the Head of Finance Capital Investments. The role requires strong commercial experience and a proven track record in delivering management and financial reporting for a portfolio of projects.

Key duties include developing standard project reporting templates, monitoring budgets and cash flows, overseeing SAP project

Qualifications

• Qualified Accountant with significant financial management experience.
• Strong corporate governance aptitude and commercial experience required.
• Proven track record in financial reporting, end-to-end processes and strict deadlines.
• Demonstrated ability to lead a team of accountants and deliver timely, accurate data.
• Excellent interpersonal and communication skills, with integrity and initiative.

Responsibilities

• Deliver timely and accurate financial reporting for Capital Investments.
• Develop a standard project reporting template across all projects.
• Monitor project transactions in SAP and liaise with contracts teams.
• Review project accruals, retentions, and bonds; manage cash flow forecasts.
• Maintain project KPI reporting and present to Head of Finance Capital Investments.

Skills

Team leadership

Communication skills

Financial control

Deadline driven

Project management

Interpersonal skills

Integrity

Governance

Commercial acumen

FRS102 knowledge

Education

Qualified Accountant

Tools

SAP

Job description

Applications are being invited from suitably qualified candidates for the position of Senior Finance Manager – Project Accounting within the Capital Investments Division. This role provides support to the Head of Finance Capital Investments. It will require strong commercial experience and a proven record in delivering management and financial reporting requirements and financial processes in a challenging economic environment.

The main duties and responsibilities of the role include the following:

Responsibilities.

• Work as a key member of the Capital Investments Finance team to deliver the business strategy that will continue to improve the financial performance of the department.
• Meet the financial reporting requirements for Capital Investments including a real financial and commercial understanding of the numbers from a project reporting perspective.
• Safeguard the organisations assets and funding lines by ensuring adequate levels of reporting and accountability.
• Manage timely and accurate preparation of all financial reporting to ensure requirements are met.
• Maintenance of systems and controls to ensure adequate backup documentation and audit trail for transactions.
• Develop cross functional teamwork and influencing skills to ensure objectives of the Finance function and Company are achieved.

Specific responsibilities include.

• Enhance and develop a standard project reporting template across all projects.
• Ensure that periodic project reports are completed in a timely manner, reviewed, challenged, and updated for all pertinent information.
• Monitor all project transactions, contracts, commitments, and POs in SAP and raise queries relating to these on an ongoing basis. Liaison with the appropriate contracts’ teams.
• Agree the tax treatment of each project and introduce controls to ensure that all transactions align with the agreed tax treatment.
• Review all project accruals and retentions at period end.
• Maintain a register of all project bonds. Review all unwinds and report on the status of all bonds at period end.
• Understand the project budget for each project and monitor performance against the budget for each project.
• Monitor performance against budget, reforecasts, and cash flow profiles on a periodic basis.
• Investigate variance commentaries provided by the project team and ensure that these are appropriately reflected in project finances.
• Review all change orders and contract variations – understand their impact on project budget and timing. Work with the project quantity surveyors to understand actual project progress and contract out-turns.
• Work with the project accountants to maintain ongoing project outturn estimates and updated project expenditure forecasts and cash flow forecasts.
• Review all board papers prior to submission with the project accountant and challenge the project cash flows included to ensure that they are appropriately robust.
• Develop and manage a suite of project KPI and trend reporting and report this information to the Head of Finance Capital Investments and the broader finance team at period end.
• Monitor project and WBS code set ups and ensure that these align with policy and best practice.
• Maintain a register of transfers between projects and investigate and understand all transfers.
• Work with the project accountants to manage all significant transactions such as fleet down payments and joint ventures and ensure that all financial elements of those transactions are progressed seamlessly.
• Deliver on the requirements of both internal and external auditors.
• Ad hoc project reporting both internally and externally
• Project accountant inductions and ongoing training

Ad hoc responsibilities as required which may require this individual to work on other IÉ finance teams in other locations in the Dublin area.

• Qualified Accountant
• Financial management experience, strong corporate governance aptitude and commercial experience is required.
• Significant proven track record and experience in the financial reporting, periodic end process and managing to tight reporting deadlines.
• Proven ability to effectively lead a team of accountants.
• Ability to meet tight deadlines consistently providing timely, accurate and relevant financial data, and to take end to end ownership for delivery.
• Motivated and a self-starter with initiative and a strong emphasis on delivery and execution
• Excellent interpersonal skills
• Adaptability and initiative, strong sense of integrity and responsibility
• Practical financial control experience and a track record of management experience operating at a high level in the organisation.
• Very strong communication skills
• Project Management experience with ability to plan, initiate, monitor, and implement project deliverables within a team.
• Strong knowledge of FRS102 reporting requirements
• Good working knowledge of SAP applications