Project Accountant

JR United Kingdom; Chatham; Hybrid; GBP 45,000 - 55,000; Full time

Job summary

A leading organisation seeks an experienced Project Accountant in Chatham to oversee financial management of major projects. This hybrid role offers a salary of up to £55k along with opportunities for professional growth. Responsibilities include budgeting, forecasting, financial reporting, and enhancing cash flow management. Candidates should possess relevant accounting qualifications and construction industry experience.

Qualifications

• Professional qualification in accounting with post-qualified experience required.
• Previous experience in the construction industry is essential.
• Expertise in IFRS 15 and CIS compliance needed.

Responsibilities

• Preparation and reporting of monthly accounts, budgets, forecasts, and long-term financial plans.
• Ownership of large project budgets and compliance with IFRS 15 standards.
• Develop and maintain financial models to track and report performance.

Skills

Financial modelling

Communication

Budget management

Forecasting

Risk assessment

Cash flow optimisation

Compliance

Education

CIMA

ACCA

ACA

Tools

Microsoft Excel

Job description

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Robert Half is excited to partner with a reputable organisation to recruit an experienced Project Accountant to be based in Chatham. This role is integral to the financial oversight and performance management of major projects and contracts. Reporting directly to the Head of Finance and working closely with operational teams, you will play a critical part in financial reporting, budgeting, forecasting, cash flow optimisation, and risk assessment to drive the success of the organisation. For the right candidate, this role offers a salary of up to £55k and opportunity for growth. This is a hybrid role with a requirement of 3 days on-site.

Key Responsibilities:

• Preparation and reporting of monthly accounts, budgets, forecasts, and long-term financial plans for projects and small works.
• Identify and implement measures to enhance cash flow and overall financial performance.
• Ownership of large project budgets, including ensuring revenue recognition adheres to IFRS 15 standards and monthly risk and cost updates.
• Develop and maintain financial models to track and report performance, challenging assumptions and identifying actions where required.
• Ensure accurate and timely billing, in compliance with the Construction Industry Scheme (CIS).
• Collaborate with key stakeholders on pricing activities and governance processes for major projects.
• Reconcile operational and accounting data and aid in the preparation of management accounts, including contract-specific financial reports.
• Monitor unbilled revenue and aged debt through active customer engagement and management.
• Support presentations for monthly contract reviews and audit processes, providing ad-hoc analysis as required.
• Establish and maintain processes to ensure robust financial controls and integrity within an ERP environment.

Requirements:

• Professional qualification (e.g., CIMA, ACCA, ACA) with post-qualified experience.
• Previous experience in the construction industry with exposure to long-term contract accounting.
• Strong working knowledge of IFRS 15 and CIS compliance requirements.
• Expertise in financial modelling and advanced proficiency in Microsoft Excel.
• Excellent written and verbal communication skills, with the ability to present complex financial information to non-finance stakeholders.