Project Accountant - York, United Kingdom - Nigel Wright

Nigel Wright

Verified Company

York, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

The Opportunity:

Project Accountant - Up to £37k - Part-qualified - Excellent Benefits - Hybrid Working

A fantastic opportunity has arisen for a Project Accountant to join a leading global business with a base in York.

The successful project accountant will be joining a growing team at an exciting time of growth and development.

Main Duties/Responsibilities:

Undertake a handover from the Tendering and Estimating team of the financial elements of a successful bid, including the baseline value and budget, CBS and baseline Project delivery Report (PDR) and full set up in the SAP system.
Review and analyse project actual and forecast spend to support Work Package Managers (WPM) and the Project Manager (PM) in the financial control and forecasting of their budgets.
Analyse new project forecasts, developing a view on robustness, timing, risk, and opportunity. Review and, if necessary, challenge with both WPM and PM before finalising
Ensuring all change is properly incorporated in cost and value, including approvals for submitting contract variations and including unagreed variations in forecast final value.
Maintain for each project the P&L, balance sheet, order book and cashflow on behalf of the PM. Working with other parts of the project team as necessary e.g. Commercial function, prepare project reporting to the client where required.
Ensure all project audit requirements are dealt with in a timely and professional manner.
Ensure all project reports and forecasts are submitted to Central Finance on time, accurate, understood and approved, where necessary.
Provide meaningful supporting commentary where required on variance analysis. Act as the independent conscience of the project ensuring the integrity of the financial status and forecast, escalating issues or concerns where necessary.
Review and amend, where necessary, project accruals related to internal and agency staff, materials and major subcontractors.
Ensure the correct trading margin % and verify the traded position.
Provide commentary on traded position and financial status/movement where necessary.
Manage or support the setup, submission and processing of Payment Applications, certificates, and invoices, including all postings to the ledger.
Actively monitor the payment cycle ensuring any required actions are taken to maximize the cash position, chasing payments with supplier where necessary.
If dealing with cost reimbursable contracts, ensure timely and accurate provision of all supporting information to enable issuing, approval, and payment of project milestones in a timely manner.
Maintenance of the project and CBS within the SAP Project Ledger.
Compliance with all Group accounting policies, but in particular with the longterm contract accounting policy.

You will be/have:

Part qualified accountant with recent accountancy work experience
Strong communicator with the ability to challenge and influence others
Desire and ability to work closely and develop productive relationships with both finance staff and other project functions
Strong organisational / planning skills
Advanced Excel skills
Relevant contract/project accounting experience

Benefits:

26 days holiday, increasing up to 29 days with length of service
Excellent pension, with matching contributions up to 10% of pensionable salary
Flexible benefits to suit your personal needs
Flexible working policy
Investment in personal development and support to membership of professional institutions