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Financial Controller (MEP & Maintenance)

Job Overview:

The Financial Controller will oversee all financial operations of the MEP contracting and maintenance business, ensuring robust cost control, accurate project reporting, compliance with accounting standards, and strategic financial planning. This role is critical in managing the financial health of multi-disciplinary MEP and maintenance projects, driving performance through detailed project costing, cash flow management, and operational financial insights.

Responsibilities and Duties:

  1. Financial Management & Reporting
  • Lead the preparation of monthly, quarterly, and annual management accounts.
  • Ensure timely, accurate financial reporting aligned with GAAPSME standards.
  • Prepare timely cash flow forecasts to ensure healthy liquidity, both at company level and throughout key projects life-cycle.
  • Monitor financial KPIs, project performance metrics, cost-to-complete (CTC), and work-in-progress (WIP).
  • Prepare annual budgets and rolling forecasts.
  1. Project Cost Control & Analysis
  • Oversee cost allocation across MEP project components (labour, materials, subcontractors, plant).
  • Review cost reports, margin variances, and revenue recognition according to project progress.
  • Validate project managers’ cost-to-complete projections and margin forecasts.
  • Ensure proper job costing processes and accurate capture of direct vs. indirect project costs.
  • Monitor procurement processes to ensure adherence to budgets and cost discipline.
  1. Cash Flow & Working Capital Management
  • Manage cash flow planning and liquidity requirements for ongoing and upcoming projects.
  • Oversee collections, retention releases, supplier payments, subcontractor valuations, and certification cycles.
  • Optimize working capital through strategic negotiation on payment terms and retention schedules.
  • Monitor bank facilities, bonding/guarantees, and project-related financial instruments.
  1. Internal Controls, Governance & Compliance
  • Implement strong internal controls, with particular emphasis on project costing and procurement.
  • Ensure compliance with tax regulations, statutory audits, and regulatory obligations.
  • Maintain and improve financial policies, SOPs, and workflow processes.
  1. Team Leadership
  • Supervise the finance team including accounts payable, receivables, project accountants, and payroll.
  • Drive staff development, training, and performance evaluations.
  • Foster cross-department collaboration with operations, project management, procurement, and HR.

Qualifications

  • Bachelor’s degree in Accounting, Finance, or related field; Professional qualification (ACCA, CPA, CMA, ACA)  preferred.
  • Minimum 7–10 years’ experience in financial management, with at least 3 years in an MEP or construction environment.
  • Strong understanding of revenue recognition for contracting businesses (cost-to-cost, percentage-of-completion).
  • Hands-on experience managing complex project accounting and multi-year contract cycles.
  • Proficient in ERP systems and advanced Excel modelling.
  • Strong knowledge of tax, audit processes, and regulatory compliance.

If you have the skills, experience, and drive required for this role, we would love to hear from you.