Accountant / Project - Construction Company - Devon

Hunter Mason Consulting
Devon, UK
11 Jul 2019
24 Jul 2019
Contract Type
Full Time

The Project Accountant will have overall responsibility for accounting for all projects undertaken by . The role will include completing site-specific project-accounting on a monthly and quarterly basis.

Roles & Responsibilities

The key responsibilities of the Project Accountant will be:
  • Production of financial reporting and forecasting for projects
  • Partner with project managers and management team in various decision making
  • Monitor budget movements and provide movement summary
  • Review purchase order requests and validate against budget and estimates
  • Cash forecast review, monitor spend tracking and working capital performance
  • Actively participate in developing project estimates to assist in budgeting process with inputs on project spend and payables estimation
  • Track cost overruns vs budgets, forecasts
  • Tracking of expenditure against accruals raised for each type of spend
  • Manage work in progress accounts for each project
  • Maintain DCFs for each project to ensure work in progress is recorded at recoverable value.
  • Manage document control function for compliance and access controls
  • Manage general cost control - Review areas of overspend during periodical estimation process and ensure scope changes are routed through change request process
  • Ensure project deliverables are in compliance with internal controls - Letter of intent, contracts and PO sign offs with appropriate approval flow and relevant budget supporting
  • Manage an accurate allocation of overheads to individual projects
  • Ensure budget control with no cross-charging costs against different budget areas
  • Ensure change requests and contract variations are adequately documented
  • Manage weekly and monthly reporting on financial status of the project
  • Ensure all invoices are correctly coded for VAT and CIS
  • Reconciliation of bank accounts to relevant cash books.
  • Maintain monthly and quarterly reconciliations between the project accounting system

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