Senior Finance Manager Project Accounting

Capital Investment Division. Iarnród Éireann

Location – Inchicore, Dublin 8

Salary – 3C €93,927-€97,250 (3yr scale)

Manager – Project Accounting within the Capital Investments Division.   This role provides support to the Head of Finance Capital Investments. It will require strong commercial experience and a proven record in delivering management and financial reporting requirements and financial processes in a challenging economic environment.

The main duties and responsibilities of the role include the following:

Responsibilities:

• Work as a key member of the Capital Investments Finance team to deliver the business strategy that will continue to improve the financial performance of the department.
• Meet the financial reporting requirements for Capital Investments including a real financial and commercial understanding of the numbers from a project reporting perspective.
• Safeguard the organisations assets and funding lines by ensuring adequate levels of reporting and accountability.
• Manage timely and accurate preparation of all financial reporting to ensure requirements are met.
• Maintenance of systems and controls to ensure adequate backup documentation and audit trail for transactions.
• Develop cross functional teamwork and influencing skills to ensure objectives of the Finance function and Company are achieved.

Specific responsibilities include:

• Enhance and develop a standard project reporting template across all projects.
• Ensure that periodic project reports are completed in a timely manner, reviewed, challenged, and updated for all pertinent information.
• Monitor all project transactions, contracts, commitments, and POs in SAP and raise queries relating to these on an ongoing basis. Liaison with the appropriate contracts’ teams.
• Agree the tax treatment of each project and introduce controls to ensure that all transactions align with the agreed tax treatment.
• Review all project accruals and retentions at period end.
• Maintain a register of all project bonds. Review all unwinds and report on the status of all bonds at period end.
• Understand the project budget for each project and monitor performance against the budget for each project.
• Monitor performance against budget, reforecasts, and cash flow profiles on a periodic basis.
• Investigate variance commentaries provided by the project team and ensure that these are appropriately reflected in project finances.
• Review all change orders and contract variations – understand their impact on project budget and timing. Work with the project quantity surveyors to understand actual project progress and contract out-turns.
• Work with the project accountants to maintain ongoing project outturn estimates and updated project expenditure forecasts and cash flow forecasts.
• Review all board papers prior to submission with the project accountant and challenge the project cash flows included to ensure that they are appropriately robust.
• Develop and manage a suite of project KPI and trend reporting and report this information to the Head of Finance Capital Investments and the broader finance team at period end.

***Please note that the above list is not exhaustive. A full job description can be requested from HR Shared Services.***

Essential Requirements

• Qualified Accountant
• Minimum 8+ years post qualification experience
• Financial management experience, strong corporate governance aptitude and commercial experience is required.
• Significant proven track record and experience in the financial reporting, periodic end process and managing to tight reporting deadlines.
• Proven ability to effectively lead a team of accountants.

Desirable:

• Ability to meet tight deadlines consistently providing timely, accurate and relevant financial data, and to take end to end ownership for delivery.
• Motivated and a self-starter with initiative and a strong emphasis on delivery and execution
• Excellent interpersonal skills
• Adaptability and initiative, strong sense of integrity and responsibility
• Practical financial control experience and a track record of management experience operating at a high level in the organisation.
• Very strong communication skills
• Project Management experience with ability to plan, initiate, monitor, and implement project deliverables within a team.
• Strong knowledge of FRS102 reporting requirements
• Good working knowledge of SAP applications

A competency-based interview will form part of this selection process. Candidates may be shortlisted on the basis of their application/CV and relevant experience.

If any applicants have special requirements, please advise Shared Services when forwarding your application.

If you are interested in applying for this role, your CV and cover letter should be forwarded to:  sharedservicesrecruit@irishrail.ie by 4pm Friday 25th October 2024

At Iarnród Éireann Irish Rail we are committed to embedding diversity and inclusion in all that we do.  This starts with how we recruit people. It is important to us that all individuals feel welcome to join our organisation and we take great care to ensure an even playing field for all.

We will strive to provide reasonable accommodation to all candidates where required and requested.

We are an equal opportunities employer and do not discriminate against any employee or applicant for employment because of race, ethnicity, sex, age, religion, sexual orientation, gender identity and/or expression or disability.