Finance Manager - Serco Plc

Make a difference every day
We are a multinational organisation with a global team of 50000 colleagues. In the Middle East we operate in the Transport Defence & Advisory sectors delivering services in Asset Management Customer Experience Fire & Rescue and Air Navigation Services. We are innovators committed to redesigning and improving public services to fulfil our purpose to impact a better future by Bringing National Visions to Life.

Your Opportunity
We are looking for a Finance Manager to provide strong financial support to key Serco Transport contracts including robust financial planning reporting and monitoring and cash management. To manage coordinate analyse and assess the financial activities of the projects and provide financial advice to contract directors to facilitate sound business decisions. Additionally to provide the Finance Business Partner (FBP) with analysis and reporting to accurately capture the performance of the business and forecast the future financial performance.

The ideal candidate should have the ability to take a proactive approach to problem solving have go od time management and organisational skills with the ability to manage multiple task and work efficiently and productively in a fastpaced teamoriented environment.

This role is part of our team in Riyadh support office with business visits to client site in west coast of KSA.

Key Accountabilities
Produce the Business Plan and Forecasts (P&L Balance Sheet and Cash) for the relevant contracts. Review and challenge 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.
Responsibility for geographyspecific 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.

Specific Requirements
Qualified Accountant
Ability to analyse financial data and prepare financial reports statements and Projections.
Knowledge of SAP financial and accounting software applications desirable.
Knowledge and experience of related computer applications including advanced Excel skills.
Excellent communication skills both written and verbal and good presentation skills.
Ability to develop self and team members and provide coaching to others to ensure they achieve results.
Strong analytical and numerical skills.
Stay abreast of changes in financial regulations and legislation.
A minimum of 5 years experience in the management of financial systems and budgets financial reporting financial data analysis auditing and providing financial advice.
Experience in providing support to senior management.
Middle East experience is desirable.

Whats in it for you
At Serco our core values drive everything we do and we believe in fairly compensating our colleagues for the value they bring to our organization. We are proud to offer a total reward package at Serco which includes:
Competitive monthly pay and allowances that are commensurate with the role and industry standards
Comprehensive medical insurance coverage and life insurance so our employees can feel secure in their health and financial wellbeing
We recognize the importance of worklife balance which is why we offer competitive leave benefits that exceed industry standards
We offer an annual airfare allowance to support our expat colleagues to stay in touch and visit their loved ones
We pride ourselves on providing a supportive work environment where we foster a positive SafetyFirst culture
We care deeply about our colleagues wellbeing and offer access to wellbeing programs and platforms to support their physical mental and emotional health.
As a global organization we offer a vast array of career paths for our employees to choose from. The scale and breadth of our organization provides our colleagues with opportunities for growth and variety in their career path both regionally and globally.

Join Us
At Serco we believe there is a place here for everyone. A place where you can bring your authentic self to work every day. Our workplace culture is one that embraces diversity and fosters equity respect and belonging for every individual. We are committed to equal employment opportunities and creating an inclusive environment that proudly celebrates the perspectives and backgrounds that each of our employees bring to work every day.

Join Serco and be part of a valuesdriven organization that invests in the development and wellbeing of its employees and offers a rewarding and fulfilling career.
Finance Manager (KSA National) Subject to Contract Award
Make a difference every day

The Job Opportunity
As we continue to grow as a business we are eager to connect with qualified Finance Managers who would be interested in joining the Serco Middle East team and based in Saudi Arabia. You will generally be accountable for Middle East transactional finance activities ensure robust controls and processes driving data accuracy whilst ensuring optimisation of the specific projects.

Serco delivers essential public services to customers in the UAE on behalf of governments semigovernments and large private corporations where we seek opportunities where it can make a positive difference to the region.

This opportunity could be based in our Saudi Support Office in Riyadh or at any of our client sites.

Key accountabilities
Complete oversight and execution of monthend for Support and BU overhead functions
Ownership and accountability of BU overhead P&L B/S and Cash Flows
Monthly departmental and Forecast reviews
Divisional Balance Sheet Reviews Driving best practice controls and closure of actions at a contract level
Divisional reporting Including Consolidated Balance Sheet Overhead reporting Risk management and Bonds
Management of completed 5 year plans and Budgets for Support overheads
Management of Payroll processes from a controls perspective and execution of payroll
Strong technical accounting knowledge and manage relationship with Banks
Custodian for controls surrounding banking processes and for bank related issues.
Responsible for proactively managing the improvement of service delivery in accordance with overall business needs
Responsible for daytoday operations Finance Shared Service delivery and being on the forefront to assist with facilitation of operational integration of all processes systems etc.
Partners and interfaces with senior stakeholders Centre of Excellence line management and FBPs to understand demand needs and requirements
Building solid working relationship/ Improving engagement with the SSC Team providing guidance support and feedback through monthly Service Review Calls and Operational calls
To be the divisional representative and champion for SAP related issues across the Middle East division
Responsible for delivery of all finance SAP Projects across Middle East which include managing changes to SAP functionality working closely with the Enterprise Application team in the UK
Leading the process of annual budgeting cycle quarterly forecast process and monthly cash flow forecasting cycle for overhead sector
Ensuring the delivery of insightful accurate and timely financial information and responsible for Divisional Reporting which includes monthly Divisional Management Pack and Divisional Performance Review with narratives for the executive team for the support sector

What we are looking for in our candidates
Ability to positively influence key stakeholders within the business.
Good time management and organizational skills.
Ability to engage and encourage building sound working relationships with SSC finance team and the business
Ability to handle confidential information appropriately.
Ability to liaise in a professional manner with staff at all levels in the organisation and with external parties.
Ability to develop self and own team members and provide coaching to others to ensure they achieve results
Good communication skills both written and verbal and the ability to manage multiple tasks efficiently and work productively in a fastpaced teamoriented environment.
Ability to understand complex systems and possess good IT skills.
A mature proactive and detail oriented individual.
Strong analytical and numerical skills.
Stay abreast of changes in financial regulations and legislation

Specific requirements
Knowledge of finance accounting budgeting and cost control principles.
A qualified accountant
Knowledge of financial and accounting software applications.
Extensive knowledge and experience of leading Shared service operations
Ability to analyze financial data and prepare financial reports statements and projections.
Bachelors Degree in Financial Accounting and Management.
Knowledge and experience of related computer applications including advanced Excel skills
SAP knowledge
A minimum of 7 years experience in the management of shared service centre ERP implementation financial systems and budgets financial reporting financial data analysis auditing and providing financial advice
A minimum of 5 years experience in leading efficient teams in a similar work environment

Working with Serco
At Serco not only is the nature of the work we do important everyone has important role to play.
confidential

We are a team of 50000 people responsible for delivering essential public services around the world in areas including defence transport justice immigration healthcare and citizen services. We are innovators committed to redesigning and improving public services for the benefit of everyone.

Join Us

Serco is committed to Equal Employment Opportunities and is committed to ensuring the safety of all of its employees through its Zero Harm initiative. Please visit confidential for more information.This job has been sourced from an external job board.
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