Finance Manager (Hiring Immediately)

FINANCE MANAGER

17 month FTC

Indra is one of the leading global technology and consulting companies and the technological partner for core business operations of its customers worldwide. It is a world-leader in providing proprietary solutions in specific segments in Transport and Defence markets, and the leading firm in Digital Transformation Consultancy and Information Technologies in Spain and Latin America through its affiliate Minsait. Its business model is based on a comprehensive range of proprietary products, with a high-value focus and with a high innovation component. In the 2024 financial year, Indra achieved revenue of € 4.84 billion, 60,000+ employees, a local presence in 46 countries and business operations in over 140 countries.

As the technological partner for its customers’ key operations, Indra is at the core of their business, and Indra’s four values guide everything we do:

Innovation - Our capacity for innovation, cutting-edge solutions, and specialised team of professionals enable us to drive a safer, more connected future through technology.

Trust - We work with strength, commitment, and reliability, delivering quality solutions to build trust with customers, employees, partners, investors, and society.

Connection - We harness the power of collaboration, connect ideas and solutions, and adapt to our customers’ needs, supporting them on the path to a better future.

Foresight - We anticipate future needs to make the world safer and more connected, transforming our experience and knowledge into solutions for a better tomorrow.

As we continue to enjoy an exciting period of growth in the UK, we are looking for additional resources to support us with our upcoming projects. The Finance Manager is responsible for end-to-end financial governance, control, and assurance of the TfL Proteus Contract. The role ensures that Charges, invoicing, financial reporting, cost transparency, profitability controls, and audit readiness are managed in full compliance with TfL contractual requirements, while safeguarding Indra’s financial position and value recovery. This is a hands-on programme finance leadership role, operating within an open-book, highly regulated public-sector contract.

Key duties include:

• Accountable for the financial integrity of the Proteus Contract across its full lifecycle. Own and manage the financial governance, ensuring compliance with the contractual requirements.
• Oversee open-book accounting principles, financial reporting, and audits, ensuring transparency with the client.
• Maintain full oversight of Service Charges, Costed Options, Variations, Milestone Payments, Delay Payments, and Service Credits.
• Act as the primary financial interface with TfL Commercial and Finance teams.
• Support programme leadership with accurate financial forecasting, cashflow planning, and margin control.
• Ensure that all Changes and Variations are correctly priced, modelled, and reflected in accordance with the Variation Procedure.
• Lead financial inputs to Change and Variation discussions, ensuring cost transparency, justifiable assumptions and protection of Target Percentage Margin.
• Ensure CPI adjustments, inflation updates, and allowable assumptions are correctly applied and evidenced.
• Oversee the monthly Application for invoicing Payment process.
• Manage and resolve invoice queries, disputes, and reconciliations with TfL.
• Ensure timely cash collection and robust receivables management
• Lead compliance with Value for Money(VfM) and Benchmarking requirements and ensure VfM considerations are embedded into decision-making across the programme.
• Lead and develop the finance team, ensuring clear accountability across reporting, payables, receivables and financial analysis
• Provide clear, confident financial advice to senior stakeholders, balancing compliance with commercial pragmatism.

Requirements

• Bachelor’s degree in finance, Accounting, Economics, or a related discipline.
• Professionally qualified accountant (e.g. ACA, ACCA, CIMA, CPA or equivalent).
• Extensive experience in senior finance or commercial finance roles within large, complex contracts.
• Proven experience managing public-sector, open-book, regulated service contracts.
• Strong background in contract financial management, cost transparency and financial modelling and forecasting.
• Experience supporting Change and Variation pricing in long-term service contracts.
• Hands-on experience dealing with client audits and financial assurance.
• Deep understanding of contract-based financial models and pricing mechanisms.
• Strong analytical capability to interpre]]>