Project Commercial Accountant - East Midlands Region, United Kingdom - Balfour Beatty

Description

About the role

Balfour Beatty have an exciting new opportunity for a Project Commercial Accountant to join the team working on our Anglian Water Contract based in Peterborough

The Commercial/Project Accountant will be responsible for the monthly management, forecasting and reporting of costs and the commercial management of a project or programme of projects from inception through to close out. They will also provide commercial and financial support to both the delivery management and on-site delivery teams and produce monthly analysis of project performance.

What you'll be doing

• Accurate live forecasting/re-forecasting taking into account the programme and reporting in accordance with the respective work breakdown structure / cost breakdown structure.
• Actual costs are monitored and assessed against baseline, value of work done, solution cost progress, affordability challenges and final outturn calculations, reporting either weekly or otherwise as agreed with the PCM whilst observing Alliance governance.
• Perform month end project analysis, forecasting accuracy, performance metrics and analysis into Risk and Opportunity schedule ensuring that the information provided is accurate and reflective of the performance of the project(s).
• Ensure all efficiencies are reflected in the reporting tools provided, to the Clients timeline.
• Provide reports on actual costs vs. estimate & identifying underlying reasons for any variance & resolutions, in particular highlight, challenge & resolve variance to latest plans.
• Records of deliveries (GRNs) are undertaken in a timely manner in accordance with both Anglian Water and Partner requirements as necessary.
• Any inadmissible costs are not included within the project/programme of projects costs.
• Working with the estimating function to ensure that initial project estimates are robust and accurately reflect latest cost information from current and recent projects.
• Working in collaboration with the Delivery Team to identify implement and monitor efficiency plans throughout the lifecycle of a project or programme of projects
• Work with the integrated delivery team to assist with project and programme risk mitigation plans are considered, put in place and administered.
• Highlighting key information to the relevant stakeholders, to ensure informed and proactive decisions are made.
• Ensure that subcontracts are properly managed in accordance with contract requirements including review of contractor payment applications, approval of payments and monitoring of remaining purchase order values.
• Ensure that subcontract final accounts are submitted on a timely basis and that they agree to contractual terms and work completed.

Who we're looking for

• Professional finance qualification (ie CIMA/ACCA/ACA), part qualified or qualified by experience would also be considered.

Why work for us

Day in, day out, our teams deliver some of the UKs most ambitious, exciting and meaningful projects; developing, building and maintaining the vital infrastructure that supports national economies and strengthens communities.

Why join us?

As if contributing to and supporting work that makes life better for millions wasnt rewarding enough, we offer a full range of benefits too. You'll have the freedom to shape the package thats right for you and your life. Here are some of our key benefits:

• Smart working, giving you more flexibility such as staggered start and finish times, with up to 40% remote working, where roles allow.
• 25 days paid annual leave (pro rata)
• Family friendly policies which include 28 weeks full pay for maternity/adoption leave and four weeks full pay for paternity/partners leave
• Pension, share incentive plan, volunteering leave, recognition schemes and much more

About us

Balfour Beattys Power Transmission & Distribution teams work with regional, national and international electricity network owners and operators to provide technical engineering solutions across the full spectrum of the electricity grid, including overhead lines, cabling, substations and distribution networks.

From scoping and feasibility, to design, construction and on-going maintenance, our in-house experts, flexible resources and industry-leading innovations support customers in the development of some of the UKs most ambitious power transmission and distribution projects.

Diversity and inclusion

At Balfour Beatty we believe that diversity and inclusion are essential components of any successful, happy workplace. Through our Value Everyone Diversity and Inclusion Strategy and Action Plan, we are growing our diverse workforce and developing our inclusive culture where everyone is able to thrive and reach their full potential, regardless of their identity or background. To find out how we are making this a reality, visit

We are a Gold Award holder in the Ministry of Defence 'Employer Recognition Scheme' and actively encourage applications from Armed Forces personnel, veterans and reservists.

As a Disability Confident Employer, we are committed to working with people who have disabilities and long-term health conditions to remove barriers for them in obtaining employment. We are also committed to offering applicants with a disability an interview if they meet the minimum requirements for the role. For more info, visit:

We are looking to continually improve our resourcing process and ensure that it is fair and inclusive for all. If you have any feedback on the process, please share this with us at:

For further information, and to apply, please visit our website via the "Apply" button below.