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Contract Accountant

Closing date
8 Dec 2021

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Contract Type
Full Time
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REED are working with a national services business who are looking for a Contract Accountant to join their accounting team based at their Finance Shared Service Centre in Worksop.

This is a hybrid role working from home 3 days and office based 2 days per week.

Purpose of the role:

Manage a portfolio of contracts for the business. Lead in the forecasting and reporting for one or more contracts, working in conjunction with the Operational Management. Complete the monthly management accounts and accompanying trading packs explaining the monthly and year to date variances to budget.

Main Responsibilities include:
  • Follow the set processes and procedures to produce the management accounts in a timely manner for a number of key contracts
  • Apply Minimum Financial Standards where appropriate, ensure relevant balance sheet accounts are well maintained and properly controlled
  • Managing relationships with Business Partners and Operational Manager
  • Control all inputs to be able to produce accurate and detailed contract P+L's in
  • standard format
  • Work closely with the Operational Managers to drive the monthly forecasting process for their contract, maintaining transparency and accuracy of information ensure clear transparency of underlying profitability
  • Produce timely and accurate management reporting to support the Operational Managers and Business Partners including ensure all contracts are suitably supporting by robust financial models to evidence underlying earnings (historic and forecast)
  • Manage Ad Hoc requests for analysis from the business to support them with their decision making
  • Ensure the necessary contract controls are in place to ensure accurate accounting for the contract
  • Work to drive efficiencies and Profit Improvement Plans
  • Travel, when required, to client sites to work with the Operational Managers
  • Supporting collation of business risks & opportunities at a business unit level
  • Ensure contracts with lifecycle obligations are appropriately reported/accounted for
  • Adhere to periodic stewardship requirements e.g. Position Papers, Financial Models and quarterly Contract Review analysis

Job Holder Specification:

Competencies/ Personal Requirements:
  • Working towards a recognised accounting qualification
  • Ability to work with non-finance operational staff
  • Ability to use Word, Excel, PowerPoint & Outlook Email & Calendar
  • Educated to degree level
  • Experience in working in contract accounting (desirable but not essential)
  • Acting Professionally
  • Delivering Objectives
  • Supporting & Working with Others
  • Delivering Great Customer Service
  • Sharing & Co-operating
  • Attention to detail
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