Main Accountabilities: -
Accurate estimate at completion (EAC) %’s as per customer requirements.
Financial Risk Management – currency (across FMC), penalties, insurance, cost provisions, cash flow are all examples of key areas of risk that will be the responsibility of the job holder. The job holder will be accountable for the management (mitigation/elimination) of all project risks.
Quality Month end: The accounting and financial planning teams will give direction on what is needed and when. The job holder will be involved in activities such as forecasting, booking revenues and cost of sales, backlog as well as creating information for the management book.
Value Add: Demonstrate that you can add value to a project to maximize the final result.
Challenge: suppliers, project managers, decisions, the current process, the new process, everything that impacts on doing a quality job. It is very important that you engage and participate and don’t just follow everything you are told.
Training of Peers, Project Administrators and Project Managers as required.
Stewardship: Your processes and accounting pass internal and external audit. We do not want audit issues as it challenges the accuracy of our information. It is the job holder’s responsibility to not just do the job as initially trained but to challenge and understand the process to ensure compliance with internal and external rules and or legislation.
Be involved from basis for planning. Get involved early and understand the make-up of your projects from the start.
Your Internal/External Customers/Suppliers and the service you give them or receive from them:-
Information is provided to and supplied from various sections of the business. These include:
Project Management Dept (including Project Managers & Contract Managers)
Operations & Financial Controller
Project Finance Manager
Supply Chain Dept
Finance Teams servicing other areas of the business.
FMC sites outwith Dunfermline
Internal & external audit
Risk management results.
Customer feedback e.g. project managers, contract managers etc.
Job challenges: Process Change: The process will change and it needs your input and active participation to evolve to ensure quality.
Controller mindset: each project is your business, you have to think and act like a Controller for your businesses (projects). How do you say no but build relationships?
Risk Management: how do you know everything is covered? How do you know how changes impact FMC outside Dunfermline?
Value Add: how do you measure and record this?
EAC management: How do you find changes early enough to do something about it? How do you know the EAC is correct each month?
Experience, Qualification and Skills :-
Great communication and interpersonal skills; The role involves lots of communication and networking. It is important to feel comfortable with asking questions and challenging suppliers. Also the ability to translate operational discussions into financial implications and then communicate this to non-finance staff.
Comfortable with change: this role will change a great deal as customers and rule and legislation move forward and create new demands. The job holder has to change their processes conform with customer requirements.
Participates: the team need everyone contributing and suggesting how we deliver quality.
Dealing with Risk Management
Confident in dealing with the business – professional
Confident to dive into the detail if needed
Able to home in on problem areas and feedback
Accountability FMC Technologies - 11 months ago