Project Accountant

Recruiter
Zenith People
Location
Newcastle Upon Tyne
Posted
18 Jan 2019
Closes
31 Jan 2019
Sector
Accountancy
Contract Type
Contract
Hours
Full Time
We are working on behalf of our client who is an industry leader in the Subsea, Renewables and Oil & Gas sector for a Project Accountant on a permanent basis

The Project Accountant is responsible for reporting project financial performance. This includes; presenting project financial performance to management, maintaining the accuracy/integrity of data in all reports/systems (control), supporting the Project teams with accurate and timely information, and supporting the Treasury function with accurate cash flow forecast information for significant Projects (>EUR 5M).

Responsibilities:

* Presentation of project P&L, financial reports and variances to management for review.

* Control and challenge all procurement / subcontract spend

* Liaise with Manufacturing Cost Control to ensure that all manufacturing costs are understood.

* Ensure all potential future risks to financial forecast identified

* Contract Knowledge – understand specifics of client contract such as invoicing terms (Milestones, progress…), options, contract variations and late delivery charges etc

* Liaise on a daily basis with the project teams, ensuring that all reports reflect the operational and financial status of the project

* Ensure invoicing procedure adhered to in a timely manner, with all supporting calculations and documentation provided to the client as required

* Ensure project plans are understood, including analyses of project float and schedule risk

* Provide project management and engineering workload reports on a monthly basis

* Support treasury function with accurate/timely cash flow forecast information by project, to support group reporting requirements

* Liaise with clients and finance to ensure timely resolution of outstanding invoices

* Understand the currency / hedging requirements of the project

* Working to the deadlines set, being responsible for own time management / workload

* Support finance function in the provision of journal entries, to capture late costs, provisions and revenue recognition

* To support other Project Cost Controllers where necessary

* To ensure projects are closed in a timely manner in ERP system

* To provide support to Ad-hoc studies as identified

Person Specification

* Preferably experience within engineering however other industries will be considered

* Excel spreadsheet skills and competency in IFS, MS Word and PowerPoint.

Salary & Benefits

* Salary 34k - 40k depending upon experience

* Flexible Working

* Family Healthcare

* Holiday "Buy Back" Scheme

* Annual Bonus

Plus Many More!

By applying for this opportunity, you agree that Zenith People LTD may share your details with end client at shortlist stage

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