Primary purpose of the Position Responsible for the finances of projects categorized in the C0 to C2 risk category bracket. Building and managing relationships with the operations teams to help drive understanding of project financial performance and the management of commercial and financial risks. Understanding of contracts and how revenue recognition is impacted will be key in this position as well as providing financial support at bid, set-up, execution, and close out phases of the project lifecycle. Monthly accounting cycle responsibilities ensuring that AECOM’s monthly accounts are closed out in a timely manner and in accordance with revenue recognition policies. Key responsibilities: Business Partnering with Project Managers, Project Delivery Teams and Senior Operations Management Develop strong working relationships with PMs and Ops teams through appropriate combination of face time and remote working Provide support to promote financial knowledge and understanding of non-finance staff within our operations teams Attendance on portfolio overview meetings with Ops management Become trusted partner with Ops teams to help unlock complex financial issues Participate in project review preparation, execution and follow up Attend all project reviews in portfolio Proactively raise finance queries ahead of the review so that these can be clarified as part of the review process Partner with and challenge project teams during the review to bring clarity on project related finance issues Project Commercial & Bid Support Provide support to the Ops teams in preparing for Go/No Go reviews and Healthy Starts Monitor project performance and key indicators. Early identification and understanding of movements in project portfolio KPI's to help inform Ops teams of potential financial risks / opportunities Support Business as required in understanding project performance. Communication of financial issues on projects to project teams Explain to the wider business (primarily Ops & Finance Leadership) potential/actual project risks & opportunities to the P&L and working capital of the end market and ensure communication is tailored and clearly articulated to this wider audience Expert systems user to support PM's and DPM's in use of Workbench when required Monitor and analyse revenue to ensure proper revenue recognition methods used. Able to explain revenue recognition principles to non-finance staff Ensuring revenue expressed across projects at month end is in line with revenue recognition rules Advising on impact of changes in project finances that have wider financial implications eg Loss Provisions/Write Backs and specifically understand impacts to both P&L and Balance Sheet Understand the impact on Revenue Recognition of any unusual contractual issues on projects Understand contractual agreements and implications on project set ups in Workbench Understand the commercial and billing requirements of projects, including complex issues. Work with the project teams to understand any specific billing and payment requirements of contracts and project cashflows Identify aging Unbilled and AR positions to engage the project team in timely remedial actions DOA Processes Assist in providing guidance to Ops teams on the requirements for DoA approvals where business is operating at risk Monitor for potential breaches in DoA approval process Assist in preparation of DoA approval requests for month end process Help identify actions which may help de-risk DoA positions whilst awaiting client contract T’s and C’s confirmation and contract change processes Month end close, including project revenue adjustments, Unbilled and loss provision analysis. Meet month end deadlines to ensure timely reporting and posting of revenue events, Unbilled and Loss provisions Consistency Consistency Internal and external audit support as and when required Special projects and other duties as assigned Personal and Behavioural Attributes Collaborative and engaging in style and embraces a “best for business” mindset. Ethical. Well organized with strong time management skills and the ability to prioritize. Strong stakeholder management and influencing skills. Must be pro-active and demonstrate ability to see things through to the end. Ability to be resourceful, hands on and work both independently and as part of high-performing team. Job requirements: 3-4 years experience as a project accountant/ financial analyst/ revenue recognition accountant, preferably in a multinational Demonstrable experience operating in a complex, fast paced, international business environment. Fluent in English (oral and written) Strong analytical & problem-solving skills essential Ability to manage details but also understand the “big picture”. Excellent written and verbal communication skills. Flexibility to work on a late shift (3PM to 11PM) Identifies and executes initiatives and continuous improvements. Extensive operations interface and collaboration
About AECOM AECOM is p