Project Accountant

Carbon 60; Thrupp; On-site; GBP 45,000 - 61,000; Full time

Benefits offered by this job

Hybrid working

MoD clearance opportunity

Contract: 12 months with extension

Job summary

Carbon60 is seeking a Project Accountant for a defence and aerospace client based at Oxford Airport. The role involves financial reporting on defence projects, bid campaigns, and cost control, with a hybrid pattern requiring 3 days onsite.

You will develop work breakdown structures, budgets, and EAC updates, and support month-end processes. Ideal candidates hold a professional accounting qualification and strong Excel skills; MoD clearance is advantageous.

Qualifications

• Professional accountancy qualification or partial qualification.
• Experience in financial controlling and/or project reporting.
• Strong knowledge of accounting 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 deadlines.

Responsibilities

• 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.

Skills

Financial reporting

Budgeting

Risk management

Communication

MS Office

Work package management

Education

Professional accountancy qualification

Part-qualified accountant

Tools

SAP

Excel

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

The Project Accountant will be responsible for:

• 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

Why Apply For This Project Accountant Position?

This Project Accountant role provides an excellent opportunity to develop expertise within the defence sector whilst working with a well-established organisation. The hybrid working arrangement offers work-life balance, and the 12-month contract with potential extension provides stability. Candidates will gain valuable experience in financial controlling, project accounting, and MoD procedures.