Project Accountant

VolkerWessels; Tonbridge; On-site; GBP 35,000 - 50,000; Full time

Job summary

A leading construction company is seeking a Project Accountant for their Tonbridge Depot. Responsibilities include ensuring financial integrity, preparing monthly forecasts, and conducting cost reviews. Candidates should have an Accountancy degree and relevant experience, particularly in the rail or construction industry. The role offers competitive compensation and various benefits including private medical care and a cycle to work scheme.

Benefits

Competitive salary

Annual leave with an additional day off on your birthday

Private medical care

Pension

Life Assurance

Cycle to Work scheme

Shopping and restaurants vouchers

Training and development opportunities

Enhanced maternity benefits

Employee Assistance programme

24/7 Virtual GP service

Qualifications

• Experience in a similar role.
• Experience in the rail or construction industry.

Responsibilities

• Ensure the integrity of the project's financial information.
• Assist in preparation of monthly management account, CVRs and forecasts.
• Ensure that costs are charged accurately to the relevant contract.
• Prepare and submit monthly CIS and VAT returns.
• Participate in monthly cost review meetings.

Skills

Highly organised

Analytical approach to work

Good communication skills

Knowledge of Microsoft Office packages

Education

Accountancy degree – CIMA or ACA

Job description

VolkerRail Major Projects is an expert in collaborative working through joint ventures and alliance schemes. Collaborative working agreements are a proven strategy for delivering large, complex railway projects, and through its strong relationships with other major contractors, VolkerRail Major Projects has helped to deliver several of the biggest rail projects over the last decade. The SID is a fully integrated team that will bring together the strengths, capabilities, and knowledge of the partners and Network Rail. It will own the renewals work bank, manage it at portfolio level and drive a transition to a production management ethos. The SID is commercially aligned and jointly incentivised creating a 'share in success' environment. Business partners within the alliance will generate profit through performance against the Final Determination. The four partners, VolkerFitzpatrick, Octavius, Atkins, and VolkerRail are aligned to the core asset disciplines with the fifth partner, Network Rail Minor Works, being multi-disciplinary for low complexity, low value works. We have an excellent opportunity for a Project Accountant working in our Tonbridge Depot on the Southern Integrated Delivery Project.

Responsibilities

• Ensure the integrity of the project's financial information.
• Assist in preparation of monthly management account, CVRs and project out-turn forecast to both the project management team and to parent company and finance departments.
• Ensure that margin earned is calculated correctly in relation to Affiliate, Sub-Alliance and overall 'Ring-fenced' Fee.
• Ensure all period end adjustments and journals are submitted and entered and period close is achieved.
• Ensure that costs are charged accurately to the relevant contract and section code, using information provided from the project team and systems.
• Participate in monthly cost review meetings with the client auditor and commercial team to substantiate and evidence all actual costs incurred.
• Maintain appropriate financial controls over balance sheet accounts by performing periodic reconciliations, investigating entries made, and maintaining documentary evidence for audit purposes.
• Prepare and submit monthly CIS and VAT returns to statutory deadline.
• Prepare and review monthly Subcontract and Purchase Ledger payment runs and ensure they are paid as they fall due. Liaise with procurement, commercial and operational teams where necessary to provide wider support towards the positive outcome of the project.
• Liaise with central finance teams of all partners and auditors to resolve any queries/issues arising from duties undertaken.
• Participate and justify to auditors in order to maximise the allowed costs in a timely manner and minimise disallowed costs where possible.
• Undertake other reasonable duties as directed.

Qualifications

• Accountancy degree – CIMA or ACA.
• Experience in a similar role.
• Experience in the rail or construction industry.
• Highly organised.
• Analytical approach to work.
• Can communicate with all levels of the organisation.
• Good knowledge of Microsoft office packages.

We offer competitive rewards and benefits, recognising the value we place on our employees.

Benefits

• Competitive salary
• Competitive annual leave and an additional day off on your birthday
• Private medical care
• Pension
• Life Assurance
• Cycle to Work scheme
• Shopping and restaurants vouchers, rewards, and discounts
• Training and development opportunities – comprehensive skills-based training
• Family friendly policies including enhanced maternity benefits
• Employee Assistance programme
• Mental health, physical health, and financial support
• 24/7 Virtual GP service