Finance Manager
Reference: 656029
Location: Aberdeen (Scotland)
Type: Permanent
Sector: Oil & Gas
Description
Our client is an international offshore services provider. A global leader in OCTG services and products, our client is now seeking an experienced Finance Manager to join them in a permanent staff basis.
The Role
The Finance Manager will provide relevant, accurate, and timely information to our client’s customers, both internal and external, to safeguard the assets of the company, and to ensure the effectiveness of internal controls.
Key Responsibilities
Main Duties and Responsibilities
Management Duties: Supervise the Finance team, set performance targets aligned with departmental and organisational objectives, and maintain regular communication with all business departments and senior management.
Record to Report Duties: Ensure accurate and timely submission of financial results to Group and local stakeholders, prepare management accounts, reconcile intercompany figures, close the General Ledger, and maintain compliance with IFRS standards.
Compliance and Internal Controls: Maintain an appropriate control environment, ensure regular reconciliation of GL accounts, resolve discrepancies promptly, and ensure compliance with all relevant accounting and tax legislation.
Audit and Financial Statements: Act as the primary contact for internal and external audits, prepare yearly draft financial statements, and ensure all required information is provided to auditors.
Tax Management: Provide data for company tax returns, submit monthly VAT returns, and manage PSA agreements with HMRC.
ERP and IT Support: Maintain accounting master data in the ERP system and provide support to other departments on its usage.
Purchase to Pay and Order to Cash: Reconcile ledgers to the General Ledger, perform credit checks, set up new customer accounts, and monitor customer rebates and payments.
Treasury and Foreign Branch Duties: Authorise payments, manage foreign branch accounts, prepare VAT returns, and support statutory reporting requirements for the foreign branch.
Controlling Duties: Act as a business partner to the Commercial Team, reviewing and challenging commercial offers and business development activities (e.g., pricing, commercial conditions, profitability). Ensure optimal stock turnover, assess actual profitability against expectations, identify financial risks, and propose action plans to address deviations in invoicing and cash collection.
Continuous Improvement: Lead and participate in projects to promote process improvements and ensure compliance with the company’s quality, health, safety, and environmental standards.
Ad-Hoc Duties: Support local and Group projects, provide financial advice to the Commercial Team, and ensure secure and efficient storage of financial information.
Key Requirements
Knowledge, Skills and Competencies
Preferably part qualified or working towards professional qualification, or possess relevant experience.
Sound analytical and problem-solving skills.
Good working knowledge of accounting systems.
Understanding of common business practices.
Up-to-date knowledge of accountancy, VAT, and taxation.
Excellent communication, organisational, and interpersonal skills.
Self-motivated and able to work well independently and in a team.
Ability to prioritise and coordinate multiple tasks.
Good user knowledge of Microsoft packages.
Understanding of Company policies (Health & Safety, Environmental, Quality).
Working Environment
Office-based with possibility of remote working.
Occasional visits to Company partners (may require protective clothing/equipment).