Balfour Beatty Workplace Finance Director
The Finance Director for Balfour Beatty Workplace is a pivotal leadership role, responsible for the financial health and strategic direction of the company’s diverse facilities management and workplace services operations. This individual plays a crucial part in driving profitability, ensuring compliance, and providing insightful financial guidance to support business growth.
A primary responsibility of the Finance Director is overseeing all aspects of financial reporting and accounting. This includes preparing accurate and timely financial statements, managing budgets, and conducting thorough variance analysis. They are responsible for ensuring compliance with all relevant accounting standards and regulatory requirements, including Sarbanes-Oxley (SOX) where applicable. The role demands a strong understanding of cost accounting principles, particularly in the context of service-based businesses, to accurately track project costs and profitability.
Beyond routine financial tasks, the Finance Director is deeply involved in strategic financial planning. This includes developing long-term financial models, analyzing potential investments, and supporting strategic decision-making by providing clear and concise financial insights to senior management. They are instrumental in evaluating the financial viability of new business opportunities and contribute to the development of pricing strategies that ensure profitability while remaining competitive in the marketplace. They may also be involved in mergers, acquisitions, and divestitures, leading the financial due diligence process and integrating new businesses into the existing financial structure.
Effective risk management is another key component of the role. The Finance Director is responsible for identifying and mitigating financial risks, including credit risk, currency risk, and operational risks. They develop and implement robust internal controls to safeguard company assets and ensure the integrity of financial information. They also oversee the company’s insurance program and manage relationships with external auditors and financial institutions.
Strong leadership and communication skills are essential for success in this position. The Finance Director leads a team of finance professionals and must effectively mentor, develop, and motivate their team members. They collaborate closely with other functional leaders, including operations, sales, and human resources, to ensure that financial considerations are integrated into all aspects of the business. They must also be able to communicate complex financial information clearly and concisely to both financial and non-financial audiences, presenting financial results to the board of directors and other stakeholders. A qualified candidate typically possesses a strong academic background in finance or accounting, a professional certification such as CPA or ACCA, and significant experience in a senior financial leadership role, preferably within the facilities management or related industry. The role requires a deep understanding of financial modelling, budgeting, forecasting, and performance management. Ultimately, the Finance Director plays a crucial role in ensuring the long-term financial success of Balfour Beatty Workplace.
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