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Wellbeing jobs in United Kingdom

Ref:ROXUK00163 – Finance Manager – Project Accounting

Roxel Group

Kidderminster
Hybrid
GBP 44,000 - 67,000
19 days ago
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Ref:ROXUK00163 – Finance Manager – Project Accounting
Roxel Group
Kidderminster
Hybrid
GBP 44,000 - 67,000
Full time
19 days ago

Job summary

A UK-based engineering company is seeking a Finance Manager for Project Accounting to oversee financial management of projects while ensuring compliance with accounting standards. The role involves managing a small team, improving processes, and collaborating with stakeholders to support strategic financial planning. Candidates must have professional accounting qualifications and experience in leadership roles. This position offers a hybrid working model and competitive salary plus benefits.

Benefits

Management Bonus Scheme
Contributory Pension
On-site Parking
Subsidised Canteen
Occupational Sick Pay
Professional Membership
Perkbox
Income Protection
HealthShield
Sell and Buy Holiday
Cycle to Work Scheme
Workwear

Qualifications

  • Professional accounting qualification (CIMA/ACCA).
  • Minimum 3 years of post-qualification experience.
  • Experience in supervisory roles required.

Responsibilities

  • Manage project lifecycle financially including budget setup.
  • Liaise with Programme Managers to implement best practices.
  • Prepare comprehensive project financial reports for management.

Skills

Project Accounting
Leadership
Analytical Skills
Communication

Education

CIMA / ACCA or equivalent
ILM Level 3 Qualification

Tools

Microsoft Excel
ERP Systems
Primavera
Job description
ROXUK001623 Finance Manager – Project Accounting

Reporting to: Head of Finance

Location: Summerfield, Kidderminster (UK)

Holidays: 25 + statutory days per annum pro-rata

Salary Band: £44,772 to £66,092

Additional Benefits: Management Bonus Scheme, Contributory pension, on‑site parking, Subsidised canteen, Occupational sick pay, Professional membership, Perkbox, Income Protection, Death in service, HealthShield, Sell and Buy Holiday, Cycle to Work Scheme, Workwear

Hours of Work: 08.00‑16.30 Monday to Thursday and 08.00‑13.00 Friday

Homeworking: This role is eligible for Hybrid Working.

Roxel is an Anglo‑French Company that designs, develops and manufactures a range of solid propellant rocket motors for use in tactical missiles. Its operations are spread across several sites in the UK and France and it has an annual turnover of about £250M and nearly 1000 staff, with 300 in the UK.

The UK operations are entirely based at Summerfield, Kidderminster where we now have a requirement for a Finance Manager – Project Accounting.

The Finance Manager – Project Accounting is responsible for overseeing the financial management of various projects, managing and mentoring a small team of project accountants, and ensuring seamless integration between Programmes and financial accounting functions. The role is also responsible for developing process and policy aligning to best practices, driving process improvements, and supporting strategic financial planning to ensure project profitability and organisational success.

Essential Duties and Responsibilities
  • Key Responsibilities
    • Promote zero harm objective by operating in accordance with any Health, Safety and Environmental policies and procedures to ensure the safety and wellbeing of staff and visitors and pro‑actively promote and support SWIM.
    • Ensure safe methods of working are utilised in all processes targeting zero harm.
    • Ensure Health and Safety standards are fully communicated and understood by relevant stakeholders.
  • Project Accounting Oversight
    • Manage the full project lifecycle financially, including budget setup, monitoring, forecasting, and reporting.
    • Ensure all project accounting is in compliance with company policies and relevant accounting standards (IFRS15).
    • Weekly sales forecast data.
    • Monthly Contract Status Report (CSR).
    • Project cashflow forecasts – including agreement of payment plans with customer.
    • Variance analysis to budgets.
    • Hedging of foreign payments.
    • Support of Customer invoicing.
    • Support in the preparation of quarterly estimate at completions (EAC) inline with IFRS15 / FRS102.
    • Tracking of Variation of Price (VoP) indices and annual invoicing.
    • Support the preparation of annual budgets / 5‑year plan.
    • Involvement in bids and order intake to ensure the financial risk and rewards are clearly understood.
  • Strategic Collaboration Liaise effectively with the Programmes Managers and other project stakeholders to establish and implement best practices for project financial tracking, analysis, and reporting.
  • Process Improvement & Training Identify opportunities for process improvements within the project accounting function. Design and deliver training sessions to the project accounting team and project managers on best practices, systems, and compliance requirements.
  • Financial Integration & Forecasting Create and maintain a strong collaborative link with the financial accounting department to support accurate and timely cash forecasting, budget preparation, and the development of the company’s 5‑year financial plan.
  • Reporting & Analysis Prepare and present comprehensive project financial reports, including variance analysis, to senior management and project stakeholders. Provide insights and recommendations to support decision‑making.
  • Compliance & Auditing Ensure all project accounting activities are audit‑ready and support internal and external audits as required.
  • To perform any other duties necessary, as requested to by the business to carry out job function.
  • People Management
    • Using SMART objectives, ensure expectations are clear to maximise efficient productivity and achievement of targets through adequate staffing levels.
    • Support and document the team’s development by carrying out regular PDRs for team members.
    • Target 100% attendance by monitoring and managing attendance levels for the team, including conducting return to work interviews, absence reviews and hybrid working when required.
    • Ensure adequate staffing levels are met by managing leave requests.
    • Address and resolve performance issues in a timely manner using techniques such as informal performance counselling up to and including disciplinary hearings as appropriate.
    • Implement training and development activities in line with skills required to encourage multi‑skilling and reduction of single point failures.
    • Provide training and guidance to employees for relevant process.
    • Lead by example, providing a positive environment and influence amongst the team.
    • Support and mentor the team in trouble‑shooting techniques providing guidance as required.
    • Encourage team working and sharing of best practices amongst the team and business.
Experience and Background

Qualification

  • Essential: A professional qualification such as CIMA / ACCA or equivalent.
  • Essential: IT literate with experience of working with Microsoft Office tools particularly Excel to an advanced level and MRP Systems.
  • Essential: A L3 ILM Qualification or equivalent.
  • Desirable: An IOSH Managing Safety Qualification or willingness to work towards.

Experience

  • Essential: A minimum of 3 years post qualification experience.
  • Essential: Experience in a supervisory or management essential.
  • Essential: Demonstrated ability to manage and develop a team, including setting objectives, conducting reviews, coaching and training, and driving performance.
  • Essential: Proven experience in process improvement initiatives.
  • Essential: Proficiency in accounting software, ERP Systems and project management tools [Primavera / SAAP / Kinetic / TROPOS].
  • Desirable: Knowledge / experience in project accounting.
  • Desirable: Strong understanding of accounting principles and project management methodologies preferred.
  • Desirable: Experience of Managing within a EN9100 or Quality Management System culture.

Person Specification

  • Demonstrate behaviours that align with Roxel’s values of ‘Commitment’, ‘Innovation’, ‘Trust’ and ‘Teamwork’.
  • Excellent communication, leadership, and interpersonal skills, with the ability to collaborate effectively across different departments.
  • Strong analytical and problem‑solving abilities, with keen attention to detail.
How to Apply

Please follow the application process below to send us your CV and motivation letter.

Please specify your salary expectations as part of your application.

Please note: Obtaining a Security Clearance is a requirement of employment at Roxel UK. Please check guidelines by looking on the below link:

https://www.gov.uk/government/publications/united-kingdom-security-vetting-clearance-levels/national-security-vetting-clearance-levels

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* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.

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