Project Accountant

Network Rail Consulting; City Of London; On-site; GBP 40,000 - 50,000; Full time

Job summary

A leading international rail consultancy in London is seeking a Project Accountant for a 12-month maternity cover. This role involves collaborating with project managers on invoicing, preparing financial forecasts, and supporting audits. The ideal candidate has strong interpersonal skills, project accruals accounting experience, and proficiency in Microsoft tools. The consultancy promotes diversity and inclusion in its hiring process.

Qualifications

• Familiar with revenue recognition and project accruals accounting.
• Exceptional interpersonal skills for effective communication at all levels.
• Experience in a collaborative environment as an excellent team player.

Responsibilities

• Collaborate with project managers to produce sales invoices.
• Prepare cash flow forecasts for Management Accounts.
• Produce global project reports to analyze project performance.

Skills

Revenue recognition

Project accruals accounting

Interpersonal skills

Microsoft Excel

Team collaboration

Accounting software

Flexible working hours

Tools

Microsoft Word

Microsoft Outlook

Enterprise Resource Planning systems

Job description

Overview

Network Rail Consulting is an esteemed international rail consultancy known for its expertise in optimizing legacy infrastructure and continuously enhancing an active, heavily used rail system within a closely monitored market. Our commitment is underpinned by our core values: passion, agility, collaboration, and impartiality.

About the Role

We are seeking a project accountant (12-month maternity cover) to join our PSO team. In this role, you will report to the Head of Group Finance to provide project accounting services to NRC's regions, ensuring efficient and effective financial management of time and projects.

Responsibilities

• Collaborate with project managers to produce sales invoices, including supporting documentation in alignment with contractual terms.
• Prepare financial information, including cash flow forecasts, for NRC\'s period-end Management Accounts and Cash Tracker to enhance management\'s understanding of business performance.
• Produce periodic global project reports to analyse project performance, providing insightful feedback to project managers and senior stakeholders for timely anomaly identification and correction.
• Provide project audit support by preparing financial and operational evidence for internal and external audits.
• Assume responsibility for posting accruals and prepayments specific to the regions, ensuring alignment with the budget and adherence to IFRS and local accounting rules.
• Reconcile relevant general ledger balances with supporting ledgers and reports to maintain financial reporting accuracy.
• Set up and adjust existing project structures as directed by the Project Manager to meet billing and time management requirements.
• Thoroughly review weekly timesheets, coordinating corrections as necessary to ensure accurate time cost reporting. Review resource forecasts to support the management information dashboard.
• Own the debtor tracking process by maintaining a centralised log of aged receivables, initiating follow-ups, escalating delays, and collaborating with Finance and Operations to resolve disputes and ensure timely collections aligned with contractual terms.

What We Are Looking For

• Familiar with revenue recognition and project accruals accounting.
• Exceptional interpersonal skills, effectively communicating with individuals at all organizational levels, both financial and non-financial.
• Inquisitive self-starter who takes ownership of assigned tasks.
• Excellent team player experienced in a highly collaborative environment.
• Proficient in Microsoft Excel/Word/Outlook.
• Willingness to work flexible hours to accommodate specific regional support (Australia and the Middle East).
• Experience working with accounting software and Enterprise Resource Planning systems.
• Experience working with international or multi-location teams, demonstrating an understanding of global finance practices and regulations.

At Network Rail Consulting, we promote a culture of diversity and inclusion, encouraging applications from candidates regardless of age, disability, marital status (including civil partnerships), pregnancy or parental status, race, religion or belief, gender, gender identity or expression, sexual orientation, employment status, or other relevant factors.