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Project accountant - vr/31217

Portlethen
Thorpe Molloy McCulloch Recruitment Ltd
Project accountant
Posted: 14 July
Offer description

Project Accountant opportunity with international energy services company, offering 9-day fortnight. Reporting to the Financial Controller, you’ll be responsible primarily for management accounting for assigned entities.

Main duties and responsibilities:

* Ensuring the provision of high quality financial and management information and reports that allow for improved decision-making and performance tracking, and which comply with local, group and statutory reporting needs and accounting policies.
* Preparing and submitting forecasts, management accounts and narrative for assigned business entities, for review by the Financial Controller, to tight deadlines.
* Preparing and submitting of the quarterly forecast and annual budget submission.
* Managing financial tracking and reporting for assigned projects, ensuring accuracy and alignment with budget and contract terms.
* Monitoring project costs, revenue recognition, and margin performance in accordance with accounting standards (e.g. IFRS 15).
* Preparing and reviewing monthly project forecasts, including cost-to-complete and variance analysis.
* Collaborating with Project Managers to ensure timely billing, cash collection, and resolution of financial issues.
* Maintaining accurate records of project-related financial transactions, including forecast cost, actual cost, estimate to complete and contract assets and liabilities.
* Supporting internal and external audits by providing relevant project financial documentation and analysis.
* Responsible for the integrity of the entities’ nominal ledger.
* Cash management, reporting and forecasting for entities assigned.
* Assisting in completion of corporation tax packs which are submitted to the Group Tax Department.
* Completing quarterly/bi-monthly VAT return.
* Enhancing management information to reflect changing needs of management and to drive the business forward.
* Reconciling and reporting intercompany balances.
* Reconciling fixed assets including the preparation of capital sanctions for Senior Management.
* Preparing statutory accounts.
* Assisting in improving, developing and monitoring controls.
* Producing and/or analysing detailed product costing and margin analysis within entities.
* Calculation and setting of cost rates, labour analysis.
* Analysing, monitoring and controlling of R&D spend (when applicable).
* Continual improvement of current accounting system to support the finance function.
* Providing cover and supporting the department as and when needed, e.g. assisting with the completion month end duties for team members.
* Analysing and reporting on trend, variances and performance issues.
* Reporting information to both local management and PLC group as required.

Applicants to this role require:

* Qualified Accountant or willingness to work towards a Professional Accountancy qualification.
* Educated to degree level in relevant subject area (e.g. Accountancy).
* Demonstrating continuing professional development relevant to the accounting qualification and the role.
* Proven post qualifying experience and demonstrable experience in a similar role.
* Experience of working in a similar role (preferred) or other relevant working experience.
* Excellent working knowledge of Microsoft Office applications, in particular Excel.

TMM Recruitment INDFIN

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