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Project accountant

St Albans
Hurren & Hope Specialist Recruitment Solutions
Project accountant
Posted: 21h ago
Offer description

5 days ago Be among the first 25 applicants


Hurren & Hope Specialist Recruitment Solutions provided pay range

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Working with VCs and technology innovators to solve today's problems for tomorrow's generations.

Project Accountant - Financial Services.

1 day a week in office.

Department: Commercial Finance

Reporting to: Finance Manager

Join a dynamic financial services organization in a unique opportunity to shape its future direction.

This position involves working as the financial guardian of our project portfolio, ensuring investment delivers value and supports our customers' financial wellbeing. You will be embedded within our change function while maintaining strong links to the Commercial Finance team, attending the Project Governance Committee to provide updates and challenge.

Key Responsibilities:

* Becoming an integral part of the change function, tracking investment from initial proposals through implementation and embedding within project teams to support and monitor planning and delivery against budget.
* Monitoring financial performance against plans through regular re-forecasting and alerting stakeholders to emerging cost trends and any slippage from budget.
* Evaluating and classifying spending according to accounting standards for fixed and intangible asset recognition, assessing appropriateness of spend for capitalisation.
* Creating and updating comprehensive ledgers for all categories of project expenditure, maintaining accurate records of tangible, intangible, and operating costs.
* Setting up proper depreciation schedules and ensuring accurate financial system entries for capital items with precise management of depreciation timing.
* Quantifying and reporting on return-on-investment metrics to leadership teams, undertaking benefit realisation measurement and communicating results to the executive.
* Reviewing technical development activities for potential research and development tax incentives and liaising with tax consultants to record information supporting successful claims.
* Performing ongoing value assessments of in-progress initiatives, undertaking impairment assessments throughout the project lifecycle and highlighting concerns to the Project Governance Committee.
* Developing and presenting financial updates for the project governance committee, producing accurate and timely papers for the PGC delivering insight and reporting of spend.
* Preparing documentation supporting project status, prepayments, accruals and assets under construction for external auditors during year-end processes.
* Contributing to annual financial planning and long-range forecasting aligned with strategic goals, constructing annual budgets and 5-year plans to support projects delivering wider business strategy.
* Creating clear, actionable financial insights for executive decision-makers through detailed reporting of capital and project spend.
* Assisting the Finance Manager with specialized financial analyses and providing ad-hoc support to the Commercial Finance team on projects as requested.

Requirements:

* Accounting qualification or equivalent experience with strong commercial insight and financial reporting expertise.
* Proven track record in project financial management with understanding of capital project accounting and asset management.
* Sharp analytical skills with a keen eye for detail and depth of thinking capabilities.
* Advanced Excel capabilities and data interpretation expertise for comprehensive analysis.
* Clear, concise communication skills, both written and verbal, with excellent ability to engage across business functions.
* Ability to explain complex financial concepts to non-finance colleagues and committee members.
* Strong time management and organizational skills with proven adaptability.
* Proactive, self-starter mentality with ability to identify opportunities and take initiative.
* Experience working alongside project teams and understanding delivery methodologies within regulated environments.

We are committed to delivering excellence and building strong relationships with our customers. If you're passionate about project finance and want to be part of a team focused on financial excellence and customer service, we'd love to hear from you.

We welcome applications from all qualified candidates and are committed to diversity and inclusion.


Seniority level

* Seniority level

Mid-Senior level


Employment type

* Employment type

Full-time


Job function

* Job function

Information Technology and Analyst
* Industries

IT Services and IT Consulting

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