Job Description
Project Cost Accountant
Salary: £38,000 - £42,000 per annum (Dependent on Experience)
Hours: Full time - 35 hours
Contract: Permanent
Location: Hybrid Working (Head Office, West Bromwich)
The West Brom are looking to recruit a Project Cost Accountant on a permanent contract. The individual will support the Project Accountant in cost analysis and control of project budgets, particularly as we embark on a large transformation Program. Maintain oversight and financial controls for key projects, and the delivery of the Society’s transformation programme. This includes periodic reporting, forecasting, budgeting and analysis.
The post holder will be responsible for ensuring accurate financials and financial opinion for project business cases submitted to Committee. Provide financial challenge.
Key Responsibilities:
1. Provide financial challenge and analysis to business cases. Support the project accountant and project managers., and work closely with PMO (Project Management Office).
2. Oversee the delivery of accurate and consistent project reporting information. Employment of techniques, such as net present value / payback / supplier assessments, tax advice and to provide supporting financial analysis to each business case.
3. Reporting on the Society’s transformation budget and project budgets, on a milestone / annual / lifetime basis, and annual budget, creating analysist of multiple project budgets and resource plans, refining forecasts as necessary within the agreed change control framework.
4. Advise on the allocation of project expenditure between capital and revenue items, in accordance with the requirements of International Financial Reporting Standards (IFRS).
5. Performing post-implementation financial reviews to confirm the realisation of business benefits.
6. Support the initiation of continual review and improvement of processes and procedures to ensure that the financial control requirements of the business are met.
7. Support the timesheets process, challenging Project Managers and tasking them with accountability.
Skills and Experience Required:
8. Project accounting or costing experience.
9. A professional accountancy qualification – ACA, ACCA or CIMA, or finalist
10. Highly numerate and literate with strong analytical skills and attention to detail
11. Ability to challenge and influence financial decision making.
12. Excellent communication skills, with the ability to challenge, engage and present confidently; effective liaison with internal and external stakeholders and the ability to influence key decisions
13. This is a technically complex role requiring an in-depth accounting knowledge to include NPV & IRR and Research & Development tax knowledge.
14. Advanced level of competency with Microsoft products, particularly MS Excel.
15. Knowledge of Unit4 (Agresso) would be an advantage.
What's in it for you?
We wholeheartedly believe that our people are our greatest asset, that’s why in addition to your salary you will be rewarded with a wide range of other benefits:
16. Generous annual leave starting at 25 days + 8 bank holidays, (pro rata)
17. Pension scheme where we will augment your contribution by 0.6% (Up to 10.6%)
18. Social club membership – dozens of discounts available for a wide variety of family days out and events
19. Performance related pay scheme
20. Corporate health plan with the option to include family members
21. Discounted travel cards
22. Life assurance provided by the Society at 4 times your salary
When we say our people are the West Brom’s biggest asset that doesn’t mean just viewing them as employees. We also recognise they have a life outside work, one that has responsibilities and rewards which the Society respects and supports in ways that aim to bring the best out of them. We operate flexible/hybrid working at our Head Office, our Recruitment team will be happy to share further details of this with you if you are interested in applying for a role.
Why choose the West Brom?
At the West Brom we appreciate that our employees are unique individuals with differing needs depending on their specific circumstances and stages in life. When we say our people are the West Brom’s biggest asset that doesn’t mean just viewing them as employees. We are proud of our heritage and absolutely believe that the West Brom is a great place to work.
Do it today and click apply!
*Please note – We reserve the right to withdraw our adverts earlier than the original published expiry date, therefore if you are interested please submit your application as soon as possible*