Assistant Finance Manager

Remarkable people, trusted by clients to design and advance the world

Wood is recruiting for an Assistant Finance Manager to join our Saudi Finance team as part of the Projects business unit. The Finance Manager will be responsible for all financial matters including accurate and timely completion of monthly reporting, optimizing financial performance. This position is based in Al Khobar office.

Wood is a global leader in consulting and engineering, helping to unlock solutions to critical challenges in energy and materials markets. We provide consulting, projects and operations solutions in 45 countries, employing around 25,000 people.

We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non‑exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.

• Full responsibility for all financial matters including accurate and timely completion of monthly reporting, optimizing financial performance
• Report business financial performance to senior management including variance analysis, accounts receivable, DSO, accruals and unbilled analysis
• Ownership for annual budget, forecasts and rolling forecasts in conjunction with senior management, including validation / challenge over backlog, inputs from BD and operations
• Ensure forecasting accuracy and predictability through the rolling forecast vs monthly actual result process
• Ownership of monthly customer billing to ensure invoices are prepared in accordance with the commercial terms of the contract
• Responsible for driving sustainable working capital improvements and/or maintaining performance working with operational management, project managers, supply chain and other relevant areas to optimize cash collection and minimize DSO, including customer relationships and reporting
• Management of business finance team including recruitment, staff development, performance management and the setting of objectives
• Ownership of implementation and financial adherence with the finance operating model
• Assisting during client audits and dispute management
• Engagement with commercial teams on the pre award phase in terms of bids, rates, and relevant analysis and a key contact and team participant for such, including input to financial terms contained in contracts and bids where appropriate
• Engagement with commercial teams on post contract award phase in terms of margin analysis looking for opportunities to drive improvements and commercial efficiencies, and attending key project reviews to ensure that reported financials are appropriate
• Engagement with external and internal auditors to successfully complete relevant audits
• Responsibility for relevant project accounting, including monthly reviews, analysis and project set up, accounting judgements and provisioning while working with relevant functions such as Commercial, Legal and Tax
• Work with Operations and serve as a conduit between the business and Legal, Tax and Treasury, IT, Shared Services and Supply Chain

At Wood, we are committed to equal opportunities and welcome all talented individuals to consider joining our team. So even if you don't match every statement below but feel you have some of the experience, knowledge or skills needed for this role, we encourage you to apply. It will take all of us working together to deliver solutions to the world’s most critical challenges.

• Qualified accountant or working towards a qualification

• Minimum of 15 years relevant accounting / commercial experience
• Commercial experience with good understanding of cost models
• Previous experience of managing and developing teams
• Track record in people management
• Good IT / Systems knowledge
• Experience of business partnering

• Ability to form and maintain strong working relationships
• Strong people skills and ability to develop team
• Deadline driven