Project Accountant

Recruiter
Investigo
Location
Reading, UK
Salary
Competitive
Posted
18 Jun 2019
Closes
21 Jun 2019
Ref
1146606543
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
Our client in Reading is looking to appoint a permanent Project Accountant to join their friendly and expanding team to provide project & management accounting, responsible for all project reporting requirements for the portfolio of projects, revenue and cost matching, cost and revenue accruals, control and prepare the monthly management accounts. You will assist in strategic plan development, project accounting, project review on performance and budgeting and forecasting.

The successful candidate will have strong Excel skills, experience in a fast-paced International organisation and ideally have experience of working with a remote Shared Services organisation.
You will be a qualified accountant with a few years project accounting experience, be confident to walk through projects with PMs and the FD and challenge costs and project profitability on the full lifecycle.

Please apply if this is of interest, competitive salary up to £60k pa plus benefits

Job Overview:
  • Project accounting including revenue and cost matching, cost and revenue accruals based on company accounting policy.
  • Transaction reconciliation & support
  • Control and prepare the monthly management accounts for Professional Services
  • Portfolio project reporting, focused mainly on financials, but also governance and controls adherence to support audit requirements.
  • Deliver professional financial advice to project managers
  • Participate actively in regular reviews of project performance during implementation. Identify and highlight variances and/or risks and opportunities.
  • Planning - assist in strategic plan development, creating plans and financial budgets.
  • Forecasting - assist business in creating accurate and timely forecasts for revenue, backlog, margin and EBITDA
  • Income statement management - ensure the business activities drive performance that will deliver the budget and forecast. Propose timely expense controls as necessary to protect EBITDA. Identify areas for potential remedial action including unrecovered COS, unbillable time, travel overhead.
  • Analysis - provide greater understanding through analysis of the primary business drivers, including bookings, revenue, backlog, margin, EBITDA, utilisation, FTE.
  • Financial integrity - ensure revenue is recognised correctly in line with Group policy. Ensure processes are in place to maintain financial records accurately. Ensure timetables are understood for timesheets and invoice approvals, to enable timely billings to external and internal customers.
  • Audit - lead the discussions with external auditors on the PS business, covering the PS financials, project performance, process and controls.
  • Reporting - develop KPIs and reports that provide management with timely, accurate and insightful information. Ensure variances to budgets and forecasts are identified and explained.
  • Business reviews - provide content.
  • Working capital management - raise awareness of overdue invoices and issues involving PS invoices and propose corrective actions.
  • Balance sheet management - the accuracy of the deferred revenues, provisions, accruals, assets, relating to the PS business, and review the reconciliations of these accounts.
  • Finance department workload assistance at peak times, including month-ends, audits, Budget and QBR submissions, absence cover, time-critical Group requests

Please apply if this is of interest, competitive salary up to £60kpa plus benefits

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