Project Accountant

Siemens; Coventry; Hybrid; GBP 45,000 - 65,000; Full time

Benefits offered by this job

Flexible working

Mental health support

Subsidised gym memberships

Subsidised Bupa healthcare

Annual Bonus

Match and More pension

Life assurance

Perks at Work discounts

Cycle to Work scheme

Job summary

Siemens Mobility in the Midlands is seeking a Project Accountant to manage project accounting for multiple rail electrification projects, enabling strong cost control and timely management reporting. The role reports to the Regional Finance Manager (Rail Electrification) and offers hybrid working with 2-3 days in the office per week.

You will lead cost booking, budgeting, monthly forecasts, accruals and revenue recognition, while partnering with project teams to provide financial insight and

Qualifications

• Part qualified CIMA or ACCA
• Prior experience in a financial/accounting role
• Proven accounting skills with ability to interpret key financial statements

Responsibilities

• Project accounting and cost control: take ownership of project accounting activities, including accurate cost booking, budget management, monthly forecast analysis and cost control.
• Month-end close and reporting: lead the monthly closing of project books, ensuring financial reporting and forecasting are accurate, high quality and delivered to key deadlines.
• Accruals and revenue recognition: compile and verify period-end positions through accurate assessment of accruals, revenue recognition and supporting project assumptions.
• Finance business partnering: act as a key member of the project delivery team, partnering with the Project Manager and wider project leadership team to provide financial challenge, insight and decision support.
• Stakeholder engagement: build effective relationships with managers, heads of function and directors, helping them understand project performance, cost drivers and financial risks or opportunities.
• Communication: communicate financial information clearly and confidently, tailoring your approach to suit different audiences and levels of financial understanding.
• Process improvement: actively contribute to business process improvement and the digitalisation of finance processes.
• Compliance and integrity: act with integrity, demonstrate awareness of Siemens compliance policies and exhibit behaviours aligned with those requirements.
• Operational support: support the wider operational depot team with finance-related guidance and insight where required.

Skills

Excellent communication

Time management

Attention to detail

Initiative

Willingness to learn

Education

Part qualified CIMA or ACCA

Tools

SAP

Job description

Innovation is at the heart of everything we do at Siemens Mobility. We are on a quest to solve the most complex mobility challenges with groundbreaking technology and creative solutions. As part of our diverse and driven team, you will have the opportunity to shape the future of transportation. Imagine contributing to innovations that touch millions of lives – ready to make that a reality?

Siemens Rail Electrification powers electric trains, trams, and metros worldwide by designing, installing, and maintaining all the necessary equipment, like substations and overhead lines. Their work ensures these vehicles get the electricity they need to run safely and efficiently, supporting modern electric transport and helping to reduce its environmental impact.

We have an exciting opportunity for a Project Accountant to join our team in the Midlands! Reporting to the Regional Finance Manager (Rail Electrification), you will play a key role rail electrification projects, supporting the delivery of a large rail electrification project.

In this role you will be responsible for the project accounting management of several projects within the TRU East portfolio, enabling effective cost control and ensuring the provision of key management information to the project team.

This role supports hybrid working with 2-3 days in the office per week.

You’ll make an impact by

• Project accounting and cost control: Take ownership of project accounting activities, including accurate cost booking, budget management, monthly forecast analysis and cost control.
• Month-end close and reporting: Lead the monthly closing of project books, ensuring financial reporting and forecasting are accurate, high quality and delivered to key deadlines.
• Accruals and revenue recognition: Compile and verify period-end positions through accurate assessment of accruals, revenue recognition and supporting project assumptions.
• Finance business partnering: Act as a key member of the project delivery team, partnering with the Project Manager and wider project leadership team to provide financial challenge, insight and decision support.
• Stakeholder engagement: Build effective relationships with managers, heads of function and directors, helping them understand project performance, cost drivers and financial risks or opportunities.
• Communication: Communicate financial information clearly and confidently, tailoring your approach to suit different audiences and levels of financial understanding.
• Process improvement: Actively contribute to business process improvement and the digitalisation of finance processes.
• Compliance and integrity: Act with integrity, demonstrate awareness of Siemens compliance policies and exhibit behaviours aligned with those requirements.
• Operational support: Support the wider operational depot team with finance-related guidance and insight where required.

Your role profile may vary from time to time in accordance with business needs. Your annual objective setting with your line manager will outline any additional responsibilities required to meet business or individual development needs for the forthcoming financial year.

Your success will be grounded by

• Excellent communication and interpersonal skills.
• Self-disciplined with strong time management ability.
• Diligent with good attention to detail.
• Demonstrates initiative with flexible and proactive approach to work.
• Willingness to learn and develop.
• Good working knowledge of SAP desirable.

Must Haves:

• Part qualified CIMA or ACCA
• Prior experience in a financial/accounting role
• Proven accounting skills with ability to demonstrate an understanding and interpretation of key financial statements.

At Siemens, we believe that work should work for you. We go beyond standard benefits to create an environment where our people feel supported, empowered and valued both professionally and personally.

Wellbeing:

• Flexible working
• 24/7 Mental health support
• Subsidised gym memberships
• Subsidised Bupa healthcare
• Enhanced sick pay

Financial:

• Match and More pension
• Life assurance
• Perks at Work discounts
• Cycle to Work scheme
• Annual Bonus

Family:

• Day-one parental rights
• Shared parental leave
• Extra holidays for length of service
• Generous time off - including volunteering days and sabbaticals

Personal Growth:

• Access to online learning
• Support for external training and development opportunities
• Inclusive culture promoting equality and belonging
• Active employee networks
• Opportunities to grow your skills and career

Join Siemens where your wellbeing, growth, and future matter.

Transform The Everyday with us

We value your unique identity and perspective and are fully committed to providing equitable opportunities and building a workplace that reflects the diversity of society. Come bring your authentic self and create a better tomorrow with us!

We are a Disability Confident Leader and welcome applications from all individuals, including those with disabilities. If you require any reasonable adjustments during the recruitment process, please contact your recruiter, who will be happy to support you.

At Siemens, we promote a growth mindset, the self-belief that we can learn and grow, take on new challenges and adapt to change. If you don't match all the criteria for this role but feel you have transferable skills to enable you to succeed, we encourage you to apply.