The Weir Group PLC

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2018-17369

2018-17369

Title 
Finance Manager
Posted Date 
1/12/2018
Location 
CA-AB-Calgary
Shift Schedule 
Day
Manages Others 
Yes
Close Date 
..

More information about this job

Company Profiles

The Weir Group is a global engineering group. We are focused on delivering engineering solutions to customers in the minerals, oil and gas and power markets. Operating in more than 70 countries and employing more than 15,000 people, we support our customers through a worldwide network of around 200 manufacturing and service facilities.

 

To celebrate Weir's 140 years in business, this video traces the business from its creation in Glasgow, Scotland in 1871, to its development into a global engineering solutions provider. For more information on The Weir Group PLC please visit our corporate website

 

Business Need / Purpose of Role

Reporting directly to the Head of Financial Planning and Analysis for Minerals Canada you will be responsible for the overall Budget and Forecast requirements for the Oil Sands Minerals Division.  You will also be required to help actively manage financial performance of large capital projects, assist with month end and quarter end financial reporting as needed as well and handle local general accounting queries.  You must ensure clear communication is maintained between the Oil Sands operations group and head office finance.  You will work closely with Senior Sales and Operational personnel for the Oil Sands division in order to deliver these responsibilities, while maintaining independence and accountability to Finance.  There is a key focus on accurate forecasting, improving processes and clear, timely reporting of significant financial issues including variances from projections.

Objectives & Measurement - Key Responsibilities

Including but not limited to:

  • Perform non-routine, complex accounting assignments involving the application of generally accepted accounting practices and requiring highly developed analytical skills and business acumen
  • Assist in performing quarterly forecasts and yearly budgets as well as preparing analyses and reports on forecast results
  • Work actively with the Head of Financial Planning and Analysis to ensure all Divisional and Group reporting requirements are achieved with high quality submissions
  • Coordinate the preparation and analysis of financial reports and budget estimates for the Minerals Canada Oil Sands Business Unit within established deadlines
  • Interpret financial reports for management comparing actual versus projected results and explaining variances in a thorough and timely manner
  • Prepare financial and economic analysis projects and interpret results for management
  • Undertake special analytical studies such as the identification of trends or the evaluation of current control systems
  • Assist in the formulation of long and short-term capital and operating plans
  • Coordinate accounting matters with other departments, locations and divisions as needed
  • Ensure that locally, proper processes, reporting and controls are in place for various financial reporting requirements
  • Actively manage the financial integrity, reporting and forecasting performance of large capital projects, oversee one cost controller with dotted line reporting into the role
  • Work closely with the Operations personell to ensure accurate forecasts and weekly projections are prepared. Understand the underlying business activities driving the variances and be prepared to communicate them in timely manner
  • Other duties as assigned

 

 

Reporting Objectives:

  • Preparation of Annual Budget and Quarterly Forecast for Oil Sands Division and other assistance as needed
  • Assistance in preparation of Monthly reporting including variances in actual results to budget, forecast and prior year results
  • Assist as needed with accounting requirements, queries and compliance (controls)
  • Reporting of significant budget/forecast/current projection variances as soon as they are known in order to ensure a “no surprise” culture
  • Actively manage the forecasting, reporting and performance of large projects within the Oil Sands Division
  • Work with peer in Hard Rock Mining as well as Head of FP&A to improve and deliver effective monthly large projects tracker.
  • Preparation of weekly forecast updates with senior personnel; to be presented to upper management/central finance
  • Overall goal to improve all aspects of the forecasting process in order to obtain more accurate forecasting of input, sales, gross margin and EBITA
  • Integrate working capital management into operations culture
  • Help develop KPI measurement and reporting

 

 

General Responsibilities:

  • Continuous review of results throughout the month in order to ensure accurate communication of expectations to central finance and business leadership
  • Develop and maintain excellent working relationships within Weir
  • Developing good working practices and continuously looking for improvements in underlying processes

 

Other:

  • Participation in preparation of quotes from a finance aspect including: review of forecasted costs, review of overhead rates used in quote and preparation of cashflow projections

 

Health & Safety : Key Responsibilities & Requirements:

  • Able to work in a manner that ensures the safety of themselves and others
  • Able to demonstrate compliance to company safety procedures and legal obligations
  • Recognise and report and resolve hazards identified
  • Confidence and ability to intervene on practices deemed to be unsafe
  • Engage and promote a zero harm culture
  • Be aware of physical limitations based upon job requirements

Job Knowledge / Education and Qualifications

Education/Experience:

Minimum 10 years’ experience in Finance role in an operational environment.  Bachelor’s degree in Accounting/Commerce or Finance. Accounting designation is a strong asset.  A good mix of cost accounting and general accounting experience in a manufacturing environment would be an asset.

 

Reasoning Ability:

Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

 

Communication Skills:

Excellent written, verbal communication and interpersonal skills are essential. Must be able to maintain a high level of ethical behavior and confidentiality of information as required by law. Excellent self-motivation, organization, accuracy, and attention to detail.

 

Computer Skills:

Excellent computer skills along with literacy with Microsoft Excel and Word software are required.  Experience with Cognos, TM1 or SAP are assets.
 

Work Environment:

Ability to work in a fast-paced, deadline-driven environment, while producing high quality, accurate, and meticulous work.      Ability to work independently under minimal supervision as well as within a team is essential.

Core Competencies

Managing People:  Includes others in planning, decision making, facilitating and process improvement; takes responsibility for subordinates’ activities; makes self-available to co-workers as needed; solicits and applies customer feedback (internal and external); fosters quality focus in others; improves processes, products and services; continually works to improve interpersonal skills.

 

Analytical: Strong Analytical background with experience in operational environment

 

Managing Through Systems:  Designs practices, processes and procedures which allow managing from a distance; makes things work through others without intervening; makes things work through others without being there; impacts people and results remotely.

 

Business Acumen:  Understands business implications of decisions; displays orientation to profitability; demonstrates knowledge of market and competition; aligns work with strategic goals; knows the competition; is aware of how strategies and tactics work in the marketplace.

 

Cost Consciousness:  Works within approved budget; develops and implements cost saving measures; contributes to profits and revenue; conserves organizational resources.

Regional Specific Job Information (if applicable)

Ability to travel on a moderate to occasional basis.