JV Finance Manager

Our client, an oil & gas operator is currently recruiting for a JV Finance Manager. Based in London, the role is on a permanent basis and offers hybrid working.

ROLE

The Finance Manager plays a crucial role in overseeing the financial health of the Company, managing financial processes and ensuring compliance with accounting standards. This is a pivotal position supporting the Company in providing timely financial information with in-depth analysis across the organization and to the Shareholders.

RESPONSIBILITIES

Analysis of the financial performance of investments and business operations:

• Collaborating with Data, Commercial and Development & Delivery teams, gather economics and business information, which impact the financial performance, provide financial insights and support strategic decision-making.
• Proactively monitor and evaluate all processes of the Company including investment, post investment, revenue, margin, cost structure including fixed and variable costs, as well as asset management to identify opportunities for improvement and cost optimization.
• Ensure the provision of accurate financial information to Company management and maintain consistency throughout the submission process, highlighting key points, and actively participating in business reviews. Propose solutions or preventive measures for identified financial risks.

Financial reporting:

• Contribute to develop and implement financial policies, procedures, and financial internal controls to safeguard Company assets in respecting shareholders’ guidelines and ensure strict adherence to them.
• Control the quality of business data obtained and financial data generated.
• Timely prepare and submit all required reportings to the shareholders, management (e.g. monthly KPI reporting and business reviews).  
• Meet month-end work deadlines and actively participate when needed in the preparation of journals, revenue recognition validation, allocation of administrative overheads, analysis, and reconciliation of deltas in dashboards in line with the budget and other accounting tasks.
• Prepare forecast (performance outcome or cash flows) with analysis of key gaps.
• Effectively follow up the capital expenditure process including CAPEX spend and allocation.
• Establish and review the mapping of statutory audit reports and management reports if any differences.

Budget and long-term plan

• Actively lead in the annual budget/business reviews and long-term plan exercises, predict future financial outcomes with financial models, meticulously verifying data and delivering precise outputs with scenarios simulations and analysis, and present them to the Company management.

Financial systems and modeling:

• Actively participate in relative IT projects and their evolutions, as a key financial user.
• Main Key User for Microsoft MBC ERP and Billing models, working with MBC support for key evolution requirements when needed, contributing towards strengthening the risk control environment of MBC.
• Key User for information systems crucial for financial planning and reporting if required (EVP, Site Tracker, HRIS etc.).
• Create and improve financial analysis models as per business support needs.

Others:

• Supervise and lead the finance team to cover Finance & Corporate Affairs as necessary, and provide guidance, training and knowledge sharing and business practices.
• Any other reasonable request from shareholders, senior management, business unit managers.
• Provide ad hoc support to the finance team as needed.

REQUIREMENTS

• Part/Fully Qualified (ACA, ACCA, CIMA or equivalent) with degree in finance, accounting, or related field.
• At least 2+ years of full FP&A experience, with proven accounting and financial control experiences.
• Strong understanding of accounting principles, financial reporting, and tax regulations.
• Excellent leadership and communication skills with an ability to support and influence senior stakeholders.
• Strong technical skills with good understanding of management accounting and proficiency in Microsoft Excel, Power BI, Power Point, and relevant financial software, with good presentation skills.
• Experiences of financial Key User for ERP systems, MBC ERP proficiency is required.
• Proven ability to actively seek opportunities to improve finance performance and processes with willingness to learn and develop, including attaining a professional qualification.
• Possess good understanding of operational processes (sales, purchasing, logistics, inventory management).
• Strong commitment in working to meet deadlines.
• Experience in the renewable energy or EV charging industry is a plus.