Produce the Business Plan and Forecasts (P&L, Balance Sheet and Cash) for the relevant contracts. Applying cha
llenge the input assumptions from the business.
Support contract manager(s) in controlling spend against their business plan/ forecast and ensure they align with the business unit and Serco Middle East defined targets.
Analyse the contract financial performance and make recommendations for continuous improvement and remedial action as required.
Timely reporting of all financial deliverables in accordance with the divisional and group finance calendar.
Maintain a robust cash management process. Including reporting of daily cash balances, monthly cash flow forecasts using both direct and indirect methodologies of forecasting.
Coordinate cash repatriation for responsible contracts to the central finance team and adherence to the Group treasury policy (TOPP) for responsible contracts.
Responsibility for geography-specific financial returns.
Liaising with local geography advisors (Taxation, Social Insurance etc) to ensure compliance.
Build and maintain strong relationships with key internal stakeholders. In particular, establishing excellent working relationships with the contract managers, SME central finance, SME CFO, Head of Finance and the SSC.
Monitor and manage the activities for the relevant project(s) and ensure procurement, AP and AR are running smoothly.
Monitor the controls of the relevant project(s) by ensuring that policies and procedures are adhered to e.g. PO procedures, delegated authority limits, bank mandates and expense guidelines.
Liaise with the Shared Service Centre and bank customer relationship managers on a daily basis ensuring smooth flow of accounting activities.
Routine month end activities including; analyzing payroll budget holder reports, production of Customer invoices, processing of journals prior to closure of books of accounts.
Balance sheet management for relevant profit centre(s) with monthly reconciliations provided and clean balance sheet maintained.
Ad-hoc reports and analysis to the business.
Support the project teams with rebids or variations pertaining to contracts responsible for.
Ensure financial records are maintained in compliance with accepted policies and procedures.
Comply with all Serco SMS Policies and Standard Operating Procedures and all local regional or contract related policies and procedures.
Perform and carry out other duties as instructed / directed by the FBP.