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Senior project accountant

Slough
JR United Kingdom
Project accountant
€80,000 - €100,000 a year
Posted: 4 June
Offer description

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Cobalt Recruitment is supporting a renowned architectural design consultancy with a global presence in recruiting a Senior Project Accountant for their London office. This newly created role will lead revenue accounting, WIP reporting, and budget management.

Key Responsibilities:

1. Review project WIP, revenue, backlog, budget variances, and profitability; ensure all billable expenses are billed; track project and WIP comments.
2. Lead project health reviews with Project Managers (PMs) and Senior Leaders (SLs).
3. Review weekly Net Service Revenue (NSR) reports; ensure revenue is correctly allocated; make necessary revenue adjustments.
4. Perform quarterly internal audits of select projects; review project setup for accuracy; analyze project costs against budgets and contracts.
5. Manage end-to-end project accounting from creation to close-out.
6. Review project contracts for financial compliance.
7. Set up projects in the accounting system, liaising with PMs and SLs on budgets and phases.
8. Maintain contract paperwork, invoices, aging A/R, change orders, and other logs.
9. Prepare client fees, expenses, invoices, reports, and records.
10. Post cash receipts, notify relevant parties, and log details daily.
11. Handle billing and cash flow projections.
12. Coordinate collection efforts; initiate stop-work procedures and third-party collections.
13. Prepare and distribute weekly collections reports.
14. Perform Accounts Payable duties, including coding, posting vouchers, and vendor inquiries.
15. Manage PWP consultants' vouchers and updates.
16. Reconcile month-end PWP tracking with disbursed files.
17. Review phases in Power-Bi to ensure backlog accuracy.
18. Enter ICs timecards as labor when applicable.

Ad-Hoc Tasks:

1. Implement controls to monitor budgets, actuals, labor hours, and expenses; develop reports.
2. Identify improvement opportunities; suggest and implement procedures or tools.
3. Support additional accounting responsibilities and special projects.

Required Experience:

* At least 5 years in a mid-sized professional services organization with project revenue accounting duties.
* Proficient in Microsoft Office, accounting software, order processing, and databases.
* Experience with ERP systems is essential.
* Strong skills in general ledger, accounts receivable, and accounts payable.
* Excellent communication skills, both written and verbal.
* Strong interpersonal skills and diplomacy.
* Ability to handle confidential information sensitively.
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