Project Accountant

Carbon 60; Oxford; On-site; GBP 65,000 - 86,000; Full time

Benefits offered by this job

Hybrid working (3 days onsite)

MoD Security Clearance opportunity

Travel within UK/Europe

Job summary

Carbon60 is seeking a Project Accountant to join a leading defence and aerospace organisation at Oxford Airport. The role focuses on financial reporting for defence projects, bid campaigns, and coordinating cost control, with SAP data handling and month-end support.

The position is hybrid with a minimum of three days onsite, offering stability and exposure to high-profile programmes. You will work on operating plans, budget forecasting, and ensure accurate cost allocation while liaising with

Qualifications

• Professional accountancy qualification or part qualification.
• Experience in financial controlling and/or project reporting.
• Strong knowledge of accountancy principles.
• Excellent oral and written communication skills.
• Proficiency with MS Office and Excel.
• Understanding of work package management and control.
• Knowledge of risk management principles.
• Ability to coordinate multiple tasks, prioritise effectively, and meet deadlines.
• Structured and methodical approach to planning and tracking.

Responsibilities

• Providing financial reporting on defence projects and supporting bid campaigns.
• Validating the financial integrity of offers with senior management.
• Developing work breakdown structures and project plans for proposals.
• Preparing operating plans and monitoring budget forecasts.
• Ensuring accurate cost allocation and hour bookings across programmes.
• Preparing Group contract reviews and monthly EAC updates.
• Supporting month-end close and financial reporting processes.
• Maintaining defence-related financial data in SAP.
• Providing ad hoc financial support and challenging delivery teams as needed.

Skills

Financial controlling

Project reporting

Risk management

Prioritisation

Structured planning

Communication

Education

Professional accountancy qualification (or part qualification)

Tools

Excel

SAP

Job description

About This Opportunity

An exciting opportunity has arisen for a Project Accountant to join a leading defence and aerospace organisation based at Oxford Airport. The Project Accountant role offers a fantastic chance to work on high-profile defence projects whilst supporting financial reporting and bid campaigns.

This is a hybrid position requiring 3 days onsite minimum, offering flexibility and modern working practices.

The Project Accountant Role

• Providing financial reporting on defence projects and supporting bid campaigns
• Validating the financial integrity of offers in liaison with senior management
• Developing work breakdown structures and project plans for contract proposals
• Preparing operating plans and monitoring budget forecasts
• Ensuring accurate allocation of costs and timely hour bookings across programmes
• Preparing Group contract reviews and monthly Estimate at Completion (EAC) updates
• Supporting month-end closing and financial reporting processes
• Maintaining defence-related financial data in SAP systems
• Providing ad hoc financial support and challenging delivery teams where necessary

About The Project Accountant You Are

Essential Requirements

• Professional accountancy qualification or part qualification
• Experience within a financial controlling and/or project reporting department
• Strong knowledge of accountancy principles
• Excellent oral and written communication skills
• Proficiency with MS Office and Excel
• Solid understanding of work package management and control
• Knowledge of risk management principles
• Ability to coordinate multiple tasks, prioritise effectively, and meet tight deadlines
• Structured and methodical approach to planning and tracking

Desirable Qualifications

• Experience with SAP systems
• Project accounting experience
• Knowledge of Single Source Regulatory framework and Contract Regulations
• Familiarity with MoD Commercial and Accountancy procedures

What The Company Offers

• Competitive Pay: £33.10 per hour (PAYE) or £44.28 per hour (Umbrella)
• Contract Duration: 12 months with possible extension
• Working Pattern: Monday to Friday, 08:30-17:00 (37.5 hours per week)
• Flexibility: Hybrid working with 3 days onsite minimum
• Location: Oxford, with occasional UK and European travel
• Security Clearance: Opportunity to obtain MoD Security Clearance (DBS required, current SC preferred)
• Professional Environment: Working on significant defence projects within an established aerospace organisation

Key Requirements

• Right to work in the UK (all applicants must demonstrate this)
• Eligible for MoD Security Clearance
• Full driving licence preferred (not essential)
• Willingness to travel within the UK and occasionally within Europe