We are partnering with an established manufacturer currently recruiting for a Telecoms Project Accountant base in Braintree, Essex.
The role involves supporting the Telecoms team through strong financial management of multiple projects.
Key Responsibilities
* Assist in managing the finances of telecoms projects, ensuring accurate accounting and timely reporting.
* Support preparation of project budgets, forecasts, and ongoing cost tracking.
* Monitor project expenditures versus budgets and report variances to the Operations team.
* Track project-related expenses to ensure alignment with budgets and contractual terms.
* Help analyse cost trends and provide insights on overruns, savings, or risks.
* Collaborate with project managers to ensure proper cost allocation throughout project lifecycles.
* Support calculation and recognition of project revenue per applicable accounting standards.
* Ensure timely project billing and correct revenue recording based on milestones and contracts.
* Maintain accurate project accounting records, including posting invoices, costs, and revenues.
* Assist with month-end and year-end closing activities such as reporting, reconciliations, and accruals.
* Help prepare project financial statements and internal reports for senior management.
* Prepare periodic project reports covering budget vs. actuals, profit and loss, cash flow projections, and key performance indicators.
* Support financial data preparation for internal and external audits related to telecom projects.
* Conduct regular audits to ensure data accuracy and reduce financial risk.
* Manage internal reporting to stakeholders including management, investors, and external bodies.
* Liaise with project managers, engineers, and external parties to provide financial insights and project status updates.
* Facilitate communication between finance and operations teams to align on project financial goals.
* Assist in resolving project-related financial queries from teams and suppliers.
Skills Required
* Solid understanding of project accounting principles and financial management.
* Experience in budgeting, forecasting, and cost control within project environments.
* Knowledge of revenue recognition standards and billing processes.
* Proficiency in maintaining accurate accounting records and supporting month-end/year-end closings.
* Strong analytical skills with the ability to interpret financial data and generate reports.
* Excellent organisational skills with strong attention to detail and accuracy.
* Effective communication and interpersonal skills to collaborate with cross-functional teams and stakeholders.
* Proficient in Microsoft Excel and financial software tools.
* Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
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