Project accountant

Project Accountant Devon | Office-Based Start Date: ASAP Salary: Competitive Benefits St David Recruitment are delighted to be recruiting on behalf of a growing and successful organisation for an experienced Project Accountant to join their Head Office team in Devon. This is an excellent opportunity for a commercially minded finance professional to take ownership of project financial reporting and performance across a diverse portfolio of contracts. Working closely with senior management, commercial teams, and operational stakeholders, you will play a key role in ensuring projects are accurately monitored, reported, and financially controlled throughout their lifecycle. The successful candidate will be responsible for delivering high-quality project accounting, supporting cash flow management, monitoring project profitability, and providing valuable financial insight to support business decision-making. This position would suit a part-qualified, finalist, or fully qualified accountant who enjoys working within a project-led environment and is confident building relationships across both finance and operational teams. The Role As Project Accountant, you will act as a key link between finance and commercial operations, ensuring project performance is accurately reflected within the financial reporting framework. You will be responsible for monitoring project costs, revenues, cash flow, and profitability while supporting the preparation of commercial reporting and helping to drive strong financial controls across the business. This is a varied and hands-on role requiring excellent analytical skills, strong attention to detail, and the ability to manage multiple projects and deadlines simultaneously. Key Responsibilities Project Financial Reporting Prepare and maintain monthly project accounts, ensuring income and expenditure are accurately recorded and allocated Support the production of Cost Value Reconciliations (CVRs), working closely with commercial stakeholders to review project performance Analyse project profitability, margins, forecasts, and cash positions, highlighting risks and opportunities to senior management Review project performance against budget and forecast expectations, providing clear commentary on variances Complete balance sheet reconciliations relating to project activities and investigate any discrepancies Produce regular project reporting to support operational and strategic decision-making Commercial Support & Revenue Management Assist with the preparation and review of client payment applications, ensuring supporting documentation is complete and accurate Monitor submitted applications and track progress through to certification and payment Reconcile contract values, variations, and applications to ensure income recognition remains accurate Support the wider commercial team with financial analysis and reporting requirements Help ensure revenue reporting reflects the true commercial position of each project Credit Control & Cash Flow Monitor outstanding customer balances and support effective debt recovery processes Work closely with commercial teams to resolve invoice queries and payment disputes Maintain accurate debtor records and provide regular aged debt reporting Identify potential collection risks and escalate concerns where appropriate Contribute towards improving cash collection performance across the business Business Partnering Build strong working relationships with project managers, quantity surveyors, and operational teams Provide financial guidance and challenge where required to support sound commercial decision-making Attend project review meetings and ensure financial records accurately reflect agreed commercial positions Support non-finance stakeholders in understanding project performance and financial outcomes Assist with the preparation of board-level reporting and management information Controls, Compliance & Audit Ensure project accounting processes operate in line with internal controls and company policies Support month-end and year-end reporting requirements Assist with audit preparation and provide supporting information for external auditors Contribute to the continuous improvement of financial processes and reporting standards About You Essential Skills & Experience Part-qualified, finalist, or fully qualified accountant (ACCA, CIMA, ACA or equivalent) Previous experience within a Project Accountant, Management Accountant, or similar commercial finance role Strong understanding of project accounting, financial reporting, and cost management Experience preparing or supporting Cost Value Reconciliation (CVR) reporting Proven ability to analyse financial data and present meaningful insights Experience supporting credit control, debtor management, and cash flow monitoring Advanced Excel skills and strong financial systems knowledge Excellent organisational skills with the ability to manage multiple priorities Strong communication skills and confidence working with both finance and non-finance stakeholders High level of accuracy and attention to detail Desirable Experience Previous experience within construction, engineering, infrastructure, manufacturing, or other project-based environments Familiarity with client payment applications and contract accounting Experience working within a multi-site or group structure Knowledge of CIS and construction-related financial compliance requirements Exposure to board reporting and commercial finance business partnering Why Join? This is an exciting opportunity to join a successful and growing organisation where finance plays a key role in supporting operational performance and business growth. You will have the opportunity to work closely with senior stakeholders, influence commercial decision-making, and contribute directly to the success of high-value projects. The role offers variety, responsibility, and genuine scope for professional development within a supportive and collaborative environment. Location Devon – Head Office Based Occasional travel may be required to operational sites and project locations. For more information, or to apply, please contact Tracey Tripp on (phone number removed) St David Recruitment Services is an employment business working on behalf of a client