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Project Accountant

Alstom

Newcastle upon Tyne

Hybrid

GBP 35,000 - 55,000

Full time

10 days ago

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Job summary

An established industry player is seeking a Project Accountant to enhance financial performance through accurate cost collection and analysis. This role involves partnering with project managers to drive margin improvements, ensuring compliance with accounting principles, and managing project accounts effectively. You will play a crucial role in optimizing financial reporting and supporting the sales team in bid preparations. Join a dynamic team that values continuous improvement and offers a hybrid working model, providing a balanced work-life experience while contributing to impactful projects in the railway sector.

Benefits

Health Care Cash Plan
Life Assurance
Critical Illness Cover
Contributory Pension Scheme
25 Days of Annual Leave
Annual Leave Purchase Scheme
Car Lease Scheme
Employee Referral Scheme
Company Sick Plan
Hybrid Working Model

Qualifications

  • Professional qualification in accounting is essential.
  • Strong knowledge of finance and budgeting principles required.

Responsibilities

  • Support project managers with accounting principles and best practices.
  • Prepare and maintain accurate monthly project accounts.

Skills

Attention to detail
Ability to work under pressure
Data analysis
Communication skills

Education

Professional qualification (CIMA, ACA, ACCA)
Degree preferred

Tools

Microsoft Office
ERP system (NetSuite)

Job description

About Nomad Digital

Nomad Digital is the world's leading provider of passenger and fleet connectivity solutions to the railway industry. Founded in 2002, and headquartered in the UK, currently serving more than 80+ global customers - in more than 40 countries - Nomad designs, builds, deploys and manages passenger Wi-Fi and on-board passenger infotainment systems. Nomad also provides remote online condition-based monitoring and maintenance solutions for optimising fleet management, operational performance and improving fuel economy.

We are currently looking to recruit a Project Accountant to join our global Finance department. As a Project Accountant you will support the business in driving accurate cost collection and to drive margin improvements through the reporting and analysis of project costing. You will take responsibility for a portfolio of project accounts and application of revenue recognition methodology across the group.

Essential Duties and Responsibilities:

  • To be a business partner for and provide strong operational support to project managers by advising on best practice procedures with projects and their accounting principles.
  • To advise and drive margin improvements through the reporting and analysis of project costing and train and suggest and activate changes on an as-needs basis.
  • To be responsible for the preparation and maintenance of accurate monthly project accounts for a portfolio of O&M & Delivery projects across the group within set deadlines.
  • To challenge cost forecasts and drive margin protection and improvement plans through working closely with project managers on the risk register and savings and opportunity lists.
  • To ensure adherence and be accountable for such adherence of all project accounting and regulatory policies to include revenue and cost recognition, government accounting requirements etc.
  • To deliver timely and accurate monthly reconciliation of WIP and POA to the ERP system.
  • To manage all KPI reporting for Programme Leads ensuring that this is delivered on a regular basis in line with reporting schedules.
  • To be responsible for driving continuous improvement and efficiency in reporting and tools by the education and effective communication to the project teams.
  • To support the sales and bid teams in preparation of the bid cost models, assisting in tender sign off processes ensuring all internal controls and commercial approvals are adhered to.
  • To approve purchase orders in line with Delegation of Authority.
  • To drive continuous improvement within designated areas of responsibility.
  • To perform such other ad hoc responsibilities which may be required from time to time.
  • To adhere to the principles of all Nomad Values, Health and Safety guidelines and Ethics practices.
Qualification requirements:
  • Professional qualification (CIMA, ACA, ACCA) or equivalent.
  • Degree preferred.
  • Knowledge of finance, accounting, and budgeting principles.
Experience Requirements:
  • Exposure to long term contract accounting an advantage.
  • Experience in Competitive tendering an advantage.
  • Proficient in Microsoft Office, especially Word and Excel.
  • Experience with an ERP system (NetSuite an advantage).
  • Experience of process automation an advantage.
Key Behavioral Competencies:
  • Attention to detail with the ability to provide accurate and timely information to a high standard.
  • Robust and able to challenge when appropriate.
  • Ability to work well in pressurised situations and think proactively in a fast-paced environment.
  • Ability to manipulate large volume of data and experience of carrying out detailed analysis of data and to provide the results that are easily understood to external auditors and senior management.
  • Ability to plan, organise and prioritise workload, including co-ordinating with others and ensuring that statutory and other deadlines are met.
  • A proactive and diplomatic approach and a commitment to producing high quality work.
  • Ability to multitask effectively ensuring timelines are met.
  • Excellent verbal and written communication skills, including ability to effectively communicate with internal and external stakeholders up to and including Senior Executives.
  • To work as part of a team and independently to deliver a common goal or objective.
Benefits:
  • Health Care Cash Plan.
  • Life Assurance.
  • Critical Illness Cover.
  • Contributory Pension Scheme via Aviva.
  • 25 Days of Annual Leave with enhanced leave based on tenure.
  • Annual Leave Purchase Scheme.
  • Car Lease Scheme.
  • Employee Referral Scheme / Employee Recognition Scheme.
  • Company Sick Plan.
  • Hybrid Working Model - The role will consist of a mix of working from home and being in our Newcastle Head Office.

Our Commitment:

Nomad Digital is committed to being an inclusive and diverse employer, as well as providing equal opportunities in employment and freedom from unlawful discrimination on the grounds of age, race, ethnic or national origin, sex, pregnancy and maternity, marital or civil partnership status, sexual orientation, gender reassignment, disability, religion or beliefs.

We encourage and welcome all job applicants, especially those from diverse backgrounds and ensure everyone is treated equally and without discrimination.

Where possible we are happy to consider flexible working arrangements or appropriate reasonable adjustments on request. To discuss further, please email HR@nomadrail.com.

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