Petrofac is a leading international service provider to the energy industry, with a diverse client portfolio including many of the world’s leading energy companies.We design, build, manage, and maintain infrastructure for our clients. We recruit, reward, and develop our people based on merit regardless of race, nationality, religion, gender, age, sexual orientation, marital status, or disability. We value our people and treat everyone who works for or with Petrofac fairly and without discrimination.The world is re-thinking its energy supply and security needs; planning for a phased transition to alternative energy sources. We are here to help our clients meet these evolving energy needs.This is an exciting time to join us on this journey.We support flexible working requests and have adopted a hybrid approach for most of our office-based roles, requiring employees to be present in the office at least three days per week.Are you ready to bring the right energy to Petrofac and help us deliver a better future for everyone?JOB TITLE: Finance Business PartnerThe purpose of the role is to analyze project financial performance via financial reports and engagement with wider project teams. The FBP – Project Finance is responsible for gatekeeping for projects, coordinating with project managers and commercials to ensure project financials are accurate, liquidity and margin are monitored for improvement.Responsibilities will include:Managing a team to ensure the accuracy of monthly project financials before project module closure.Leading and collaborating with finance and commercial teams for monthly project closure to ensure all costs and revenues are captured at each month end.Calculating standard costing and regularly updating cost rates for new joiners and existing employees.Reconciling actuals to standard costing monthly and posting journals.Reconciling payroll records to General Ledger charges for all payroll-related P&L and balance sheet items.Assisting in project P&L analysis to identify missing costs or revenues before project close by reviewing the PPM (Project) module.Reviewing outstanding exceptions and errors in projects to prevent transaction issues due to technical problems.Reviewing unbilled transactions to ensure no unexplained gaps between project module (PPM) and General Ledger (GL).Overseeing sales and cost accruals, reviewing aging of unbilled transactions, highlighting liquidity and margin risks, creating provisions when needed, and interfacing with commercials to ensure financial accuracy.Sweeping transactions and closing projects as per the corporate calendar.Ensuring Project Managers and Commercial teams close projects timely, following the project close-out checklist, ensuring revenue, billing, and cash alignment, and all costs are accrued and accounted for.Handling revenue/cost accruals and provisions for ad hoc items discovered during month-end, such as litigations or missed transactions.Managing annual leave and long service leave accruals.Preparing weekly payment requests to ensure timely vendor payments (due every Monday).Preparing liquidity reports weekly to monitor AP, AR, payroll, tax positions, and inputs from the commercial team.Planning cash flow and liquidity to meet vendor payments, payroll, and tax obligations for Australia and NZ.Coordinating with UK Treasury to assist with cash flow needs for the Asset Solution group.Addressing queries/requests regarding payments and liquidity from vendors, project managers, and local management.Overseeing payment releases from Accounts Payable and Treasury after board approval, ensuring proposed payments are made or adjusting for holdbacks.Managing Accounts Receivable, following up on queries/requests from management and clients regarding aged receivables.Addressing ad hoc technical issues or system and process improvements.Assisting in audits and year-end disclosures, acting as the interface between finance and commercial teams for external audits.Performing monthly balance sheet reconciliations as assigned.Coordinating with the Finance compliance team to ensure proper tax filings and disclosures.Reviewing overhead projects to ensure costs are captured, timesheet defaulters are notified, and overhead costs stay within budget. Preparing monthly overhead analysis reports for review with the Finance Director.Supporting the Finance Director with Project P&L analysis and monthly reporting packs.Initiating process improvements to eliminate, simplify, standardize, and automate processes (ESSA).Essential Qualifications and Skills:A recognized degree in Accountancy.Qualified CPA / CA / Nearing completion.7 to 10 years of core accounting experience, with at least 5 years in Project Finance.2-3 years of Oil and Gas Project finance experience.Deep understanding of financial principles, standards, and analysis techniques, including financial modeling, budgeting, forecasting, and variance analysis.Strong business understanding of the industry, market dynamics, and competitive landscape.Effective communication skills for conveying complex financial information to non-financial stakeholders.Strong analytical skills for interpreting financial data, identifying trends, and making data-driven decisions.Ability to build relationships with stakeholders across departments and senior management.Proficiency with technological tools like Oracle ERP, data analytics, and financial software.Ability to interpret financial statements and understand the financial health of the company.Effective cost management skills, including expense monitoring, cost-saving initiatives, and activity-based costing (ABC).#LI-SM2#J-18808-Ljbffr