Project Finance Senior Analyst

BAE Systems; Barrow-in-Furness; Hybrid; GBP 80,000 - 100,000; Full time

Job summary

A leading defense contractor is seeking a Project Finance Senior Analyst to support financial insights and reporting for project performance. The ideal candidate will be a part-qualified accountant with experience in Project Finance and a strong grasp of financial forecasting. Responsibilities include contributing to budgets, delivering month-end reports, and supporting project teams throughout the contract lifecycle. This role offers flexibility in working arrangements within the UK.

Benefits

Competitive pension scheme

Employee share plans

Flexible health and lifestyle benefits

Qualifications

• Part Qualified accountant with relevant experience (CIMA/ACCA/ACA/ICAEW) required.
• Experience with Project Finance and financial forecasting processes.
• Proficiency in Microsoft Office, particularly Excel.

Responsibilities

• Support creation of timely insights and reporting.
• Contribute to quarterly forecasts and Annual Budgets.
• Deliver accurate month-end reporting on schedule.
• Work closely with project teams throughout contract lifecycle.
• Assist in internal and external audit activities.
• Contribute to ongoing improvement plans within Project Finance.

Skills

Part Qualified accountant (CIMA/ACCA/ACA/ICAEW)

Experience in Project Finance and Management Accounting

Advanced Microsoft Excel skills

Tools

SAP

Job description

Job Title: Project Finance Senior Analyst

Location: Barrow-in-Furness/Sheffield - We offer a range of hybrid and flexible working arrangements – please speak to your recruiter about the options for this particular role

Salary: £47,000+ (DOE)

What you’ll be doing

• You will support the creation of timely insights, reporting and business intelligence to guide performance, ensuring smooth working‑capital activity for projects and contributing to the delivery of high‑quality project financial outcomes
• You will contribute to quarterly forecasts and Annual Budgets (IBP) alongside Finance Business Partners, helping IPTs estimate project costs, understand risks and opportunities, and present key information clearly to FBPs
• You’ll also help deliver accurate month‑end reporting on schedule, including project updates and monthly financial reviews, providing clear insights into year‑to‑date performance
• You will be working closely with project teams throughout the lifecycle of each contract—from set‑up and forecasting through trading, reporting, reviewing, and final closure
• You are going to support the use of effective financial practices in line with the Financial Control Framework and Finance Policies Manual, and assist with internal and external audit activity when needed
• You will contribute to ongoing improvement plans within Project Finance, helping refine processes and enhance ways of working

Your skills and experiences

Essential

• Part Qualified accountant and relevant experience (CIMA/ACCA/ACA/ICAEW) - AAT will not be accepted
• Experience of Project Finance and/or Management Accounting and an understanding of financial forecasting and reporting processes
• Experience in the use of Microsoft Office packages, including Excel

Desirable

• Awareness of relevant accounting standards including IFRS15 revenue recognition criteria
• Experience of using MRPs or ERPs (SAP) and financial reporting, forecasting and analytical tools

Benefits

As well as a competitive pension scheme, BAE Systems also offers employee share plans, an extensive range of flexible discounted health, wellbeing and lifestyle benefits, including a green car scheme, private health plans and shopping discounts - you may also be eligible for an annual incentive.

The Weapon Systems UK team

As part of BAE Systems Platforms and Services sector, Weapon Systems (UK) designs, develops, manufactures and supports artillery systems, naval guns, and provides engineering capability to the wider BAE Systems business. Our global reach brings our customers a depth and breadth of expertise that meet critical needs in the air, on land, and at sea. Our mission strives for us to be our customer’s trusted and affordable weapons provider, delivering enhanced effects on target and complete mission solutions. We are looking for innovation, commitment and drive to help define the future of Weapon Systems capabilities.

Why BAE Systems?

This is a place where you’ll be able to make a real difference. You’ll be part of an inclusive culture that values diversity of thought, rewards integrity, and merit, and where you’ll be empowered to fulfil your potential. We welcome people from all backgrounds and want to make sure that our recruitment processes are as inclusive as possible. If you have a disability or health condition (for example dyslexia, autism, an anxiety disorder etc.) that may affect your performance in certain assessment types, please speak to your recruiter about potential reasonable adjustments.

Please be aware that many roles at BAE Systems are subject to both security and export control restrictions. These restrictions mean that factors such as your nationality, any nationalities you may have previously held, and your place of birth can restrict the roles you are eligible to perform within the organisation. All applicants must as a minimum achieve Baseline Personnel Security Standard. Many roles also require higher levels of National Security Vetting where applicants must typically have 5 to 10 years of continuous residency in the UK depending on the vetting level required for the role, to allow for meaningful security vetting checks.

Closing Date: 17th December 2025

We reserve the right to close this vacancy early if we receive sufficient applications for the role. Therefore, if you are interested, please submit your application as early as possible.

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