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Projects accountant

Edinburgh
Fidra Energy
Project accountant
€50,000 a year
Posted: 21 April
Offer description

Job Purpose / Overview

Fidra is a renewable energy business specialising in Battery Energy Storage Systems (BESS). We develop, construct and operate energy storage assets that support grid stability and the transition to a low‑carbon energy system.

The Projects Accountant supports the Projects Financial Controller with financial oversight, control, and reporting for Fidra Energy’s BESS projects.

Responsibilities include managing project accounting, cost control, forecasting and capital expenditure tracking. The role ensures accurate financial visibility throughout development, construction, and operations, and partners closely with Growth & Strategy, Construction, and Site teams.


Contextual Information


Operating Environment

The position works across finance, operations, growth and strategy, construction, and external contractors/vendors. It requires hybrid working between Edinburgh HQ and operational sites, with regular travel required. The role demands strong organisational capability, attention to detail, commercial awareness and the ability to manage multiple active projects simultaneously.


Principal Accountabilities


Health, Safety and Environment

* Demonstrate support of the HSE principles at Fidra Energy


Project Accounting & Cost Control

* Own day-to-day financial accounting for all aspects of the project from development through construction
* Track costs against budgets, forecasts and funding models
* Maintain detailed project cost trackers and capital expenditure schedules
* Ensure appropriate capitalisation of costs in line with accounting standards
* Monitor commitments, accruals and cash flow
* Support regular reforecasting and budget cycles incorporating latest contractor updates.


Month-End & Reporting

* Prepare month-end journals, accruals and prepayments and expenditure records for each project.
* Reconcile balance sheet accounts
* Assist in producing accurate financial reports for senior management
* Assist in preparing materials for investor, lender or funding reporting requirements.
* Support monthly management accounts with project-related analysis
* Assist with variance analysis and cost-to-complete reporting


Funding and Projects Support

* Assist in managing funding drawdowns and maintaining supporting documentation
* Prepare cost evidence and reporting required under funding agreements
* Maintain funding trackers and covenant compliance schedules


Business Partnering

* Work closely with the construction team to understand project progress and financial risks
* Provide financial insight to support decision‑making and cost optimisationProvide financial input into contract reviews, milestone structures and payment terms
* Assist in evaluating change orders, variations and contractor claims
* Challenge assumptions and highlight risks or overspends early
* Support investment cases and financial models with actual cost data
* Translate financial information for non‑finance stakeholders


Controls, Compliance & Audit

* Ensure strong financial controls across revenue and project spend
* Ensure compliance of construction contracts from a finance perspective (payment terms, milestones, retention)
* Support external audits and funding reviews
* Ensure compliance with accounting standards and internal policies


Systems & Process Improvement

* Maintain accurate data within finance systems
* Support improvements to project accounting processes and reporting
* Assist with development of contract management system
* Assist with system implementations or enhancements where required
* Contribute to continuous improvement of project accounting processes as the business scales

This list is not exhaustive:

All of the above activities require:

* Commercially minded and confident challenging assumptions
* Organised, proactive and able to manage multiple projects simultaneously
* Comfortable working in a fast‑paced, delivery‑focused environment
* Strong communicator with the ability to translate finance for non‑finance stakeholders


Knowledge, Skills, Qualifications & Experience


Knowledge & Skills


Essential

* Advanced Excel skills (pivot tables, lookups, cost models)
* Understanding of project accounting and capital expenditure control
* Ability to manage multiple projects and deadlines
* Strong attention to detail and analytical mindset


Desirable

* Exposure to IFRS and capitalisation of development and construction costs
* Understanding of funding structures, SPVs or project finance
* Experience in infrastructure, energy, construction or engineering sectors


Qualifications & Experience


Essential

* Qualified (ACCA / CIMA / ACA)
* 1-4 years PQ Experience
* Strong experience in project accounting, capital expenditure or cost control
* Experience working with cross‑functional project teams


Desirable

* Experience in renewable energy, BESS, infrastructure, construction or engineering
* Experience with ERP systems (e.g. Sage)
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