Project Accountant

Babcock; Portsmouth; Hybrid; GBP 55,000 - 64,000; Full time

Job summary

An established industry player is seeking a Project Accountant for a pivotal role that supports a major Private Public Partnership. This position involves managing financial performance, reporting, and risk management for a significant subcontract. The ideal candidate will have experience in contract accounting, particularly within the construction or defense sectors, and will be adept at financial modeling. Join a forward-thinking company that values your contributions and offers excellent development opportunities, alongside a comprehensive benefits package.

Benefits

Generous holiday allowance

Matched contribution pension scheme

Access to Digital GP

Employee share scheme

Payment of Professional Fees

10-days special paid leave for reservists

Holiday Trading

‘Be Kind Day’ for volunteering

Employee assistance programme

Qualifications

• Experience in producing accurate contract accounts and reporting.
• Strong financial modelling skills and stakeholder management experience.

Responsibilities

• Report on monthly accounts, budgets, and forecasts.
• Identify opportunities to improve cash performance and service delivery.

Skills

Financial Modelling

Stakeholder Management

Variance Analysis

Long Term Contract Accounting

Excel Skills

Education

Recognised Professional Qualification

Job description

Job Title: Project Accountant
Location: Chatham, Kent + Hybrid Working Arrangements
Compensation: £55,000 + Benefits
Role Type: Full time / Permanent
Role ID: SF63977

At Babcock we’re working to create a safe and secure world, together, and if you join us, you can play your part as a Project Accountant at our Chatham, Kent site.

The role
As a Project Accountant, you’ll have a role that’s out of the ordinary. A pivotal role in support of a Private Public Partnership operating across a 30-year concession, in delivery of a subcontract worth over £2bn at the point of award.

Day-to-day, you’ll report to the Head of Finance, and closely support the Head of Programmes, with a focus on increased fidelity and financial performance and controls in relation to risk management, reporting, cash generation, budgeting and forecasting. You’ll be responsible for

• Reporting of the contract monthly accounts, budgets, forecasts and strategic plans.

• Identifying and targeting opportunities to improve the cash performance, financial performance and service delivery of the contract across its remaining term.

• Preparation of key financial data in support of customer and stakeholder management.

• Financial modelling, validation and update across various models, including tracking and reporting performance, challenging operational assumptions and identifying leading indicators / actions to be addressed.

• Ensuring billing is accurate and timely and provide support to pricing activity and the associated governance process.

This role is full time, 37 hours per week and is based at Chatham. Some travel to other sites is required (Minley, Hampshire and Portsmouth).

Essential experience of the Project Accountant

• Experience in a similar role that involved owning the production of timely and technically accurate contract accounts and reporting, forecasts and strategic plans including commentary and variance analysis.

• Stakeholder experience with the ability to maintain a close working relationship at all levels.

• Previous experience of reconciliation of operational data to that reflected in the accounts and on other ancillary source data systems.

• Experience in construction industry or defence industry with Long Term Contract Accounting.

• Strong financial modelling skills utilising Excel.

Qualifications for the Project Accountant
Recognised professional qualification and significant post qualification experience.

Security Clearance
The successful candidate must be able to achieve and maintain Security Check (SC) security clearance for this role.

Many of the positions within our company are subject to national security clearance and Trade Control restrictions. This means that your eligibility for certain roles may be affected by your place of birth, nationality, current or former citizenship, and any residency you hold or have held. Further details are available at United Kingdom Security Vetting: clearance levels - GOV.UK (www.gov.uk).

What we offer

• Generous holiday allowance
• Matched contribution pension scheme, with life assurance
• Access to a Digital GP, annual health check, and nutritional consultations through Aviva DigiCare+
• Employee share scheme
• Employee shopping savings portal
• Payment of Professional Fees
• Reservists in the armed forces receive 10-days special paid leave
• Holiday Trading is a benefit that allows UK Babcock employees to buy additional leave or to sell up to one working week of annual leave from their annual entitlement. This Window opens February through to March annually
• ‘Be Kind Day’ enables employees to take one working day's paid leave a year (or equivalent hours) to undertake volunteering work with their chosen organisation or registered charity
• Excellent development opportunities and benefits package including an employee assistance programme supporting physical, mental and financial wellbeing

Babcock International
For over a century Babcock has helped to defend nations, protect communities and build a better world. To continue, we must adapt, advance and be a sustainable business with a shared goal.

We are a disability confident committed employer. If you have a disability or need any reasonable adjustments during the application and selection stages, please email [e-mail] with the subject header ‘Reasonable adjustments requirement’. We’re committed to building an inclusive culture where everyone’s free to thrive. We are happy to talk about flexible working – please ask about alternative patterns of work at interview.

Closing date: 27/05/2025

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