Job Description
Project Accountant - £55k, permanent position. Location, Chatham, Kent, Hybrid working.
Responsibilities:
* Reporting of the contract monthly accounts, budgets, forecasts and strategic plans
* Identifying and targeting opportunities to improve the cash performance, financial performance and service delivery of the contract across its remaining term
* Responsibility for the preparation of key financial data in support of customer and stakeholder management
* Ownership of individual EACs for the major Projects, ensuring revenue recognition is in accordance with IFRS15 on a percentage of completion basis and that CTC and risk is reviewed and updated monthly
* Financial modelling, validation and update across various models, including tracking and reporting performance, challenging operational assumptions and identifying leading indicators / actions to be addressed
* Ensuring billing is accurate and timely
* Support to pricing activity and the associated governance process
* Own the production of timely and technically accurate contract accounts, EACs, budgets, forecasts and strategic plans including variance analysis for Projects and Small Works
* Maintain a close working relationship with Operations, particularly Head of Programmes, the Senior Project Managers and the Small Works Manager
* Own the production of monthly management accounts including site commentaries
* Reconcile operational data to that reflected in the accounts and on other ancillary source data systems
* Prepare customer facing balance sheet control account reconciliations and rectification actions required to resolve queries or issues
* Prepare contract specific journals
* Assist in the preparation of monthly contract review presentations identifying future opportunities and risks
Required experience:
* Recognised professional qualification, significant PQE
* Experience in Construction Industry or Defence Industry with Long Term Contract Accounting
* Knowledge of IFRS15 desirable
* Strong financial modelling skills utilising Excel
If you are interested in the role, please 'APPLY' and submit your CV for immediate consideration.