Project Cost Lead

Job title: Project Cost Lead

Location: Wokingham OR Warwick

Duration: 6 months initially

Adecco is an employment consultancy. We put expertise, energy, and enthusiasm into improving everyone's chance of being part of the workplace. We respect and appreciate people of all ethnicities, generations, religious beliefs, sexual orientations, gender identities, and more. We do this by showcasing their talents, skills, and unique experience in an inclusive environment that helps them thrive.

The role:

To support all IT finance initiatives, taking ownership of quarterly rolling forecasting (QRF) process plus oversight of correct usage of finance guidance (Capex/Opex/iRTB).

Responsibilities:

Develop, standardise, and embed project financial processes within IT, working closely with both the Portfolio and Programme Managers, and corporate finance teams.

Support and guide Project Managers and Solution Engineering Managers to ensure good financial management practices are adhered to.

Working with corporate finance, ensure guidance on committed (purchase orders) and transactional spend (budget transfers, central overheads recharge) are followed by projects.

Support and guide Project Forecasts, both within year and future financial years (5year financial plans) - provide overview of budgets and financial options,

Work closely with the Business Consultants to determine future pipeline of projects and the potential financial implications.

Submit approved output from investment planning processes (QRF and Business Plan), working with Business Consultants and Programme Managers to forecast and agree annual budget submission and quarterly updates to plan.

Coach Programme and Project Managers in best accountancy practice.

Act as point of contact for financial queries from stakeholders outside IT.

Support and be the IT champion for any new finance tools.

Review portfolio submissions to ensure good finance practices are being followed.

Support creation of investment papers and provide financial challenge.

Understand and challenge what project finance figures are comprised of, ensure baseline cost forecast methodology consistency between projects.

Manage with Investment Accounting central hopper overhead allocations to projects (review journal workings and any proposed changes to recovery %), acting as gatekeeper regarding rules on who books to this code

Requirements:

Direct experience of a broad range of finance processes and best practices

Helped in creating, standardising, and maintaining financial

Experience of IT project/product delivery financial environments

Excellent written and oral communication skills with ability to present complex financial narratives effectively to senior technical and non-technical audiences

Commercial focus - good understanding of the cost and value drivers of IT and the Business

Experience working within Capex Project Delivery environments

Experience working with SAP systems preferred and proficient in Microsoft Excel

Ability to build successful working relationships and partnerships with senior business and IT management; demonstrate influence over peers and more senior managers in a virtual team environment

Ability to build successful working relationships and partnerships with other finance teams

Candidates will ideally show evidence of the above in their CV in order to be considered.

Please be advised if you haven't heard from us within 48 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you accordingly.