Assistant Project Accountant
Assistant Project Accountant

Assistant Project Accountant

Southampton Full-Time 36000 - 54000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support project teams with financial insights and reporting while resolving financial issues.
  • Company: Join BAE Systems, a leader in defence and security, committed to diversity and inclusion.
  • Benefits: Enjoy flexible working, competitive pension, enhanced leave, and employee discounts.
  • Why this job: Make a real impact in a supportive culture that values your potential and diverse backgrounds.
  • Qualifications: Project accounting experience and knowledge of MoD requirements are essential; part-qualified accountants welcome.
  • Other info: Flexible hours and hybrid work options available to balance life and work.

The predicted salary is between 36000 - 54000 £ per year.

Location: Portsmouth Naval Base. We offer a range of hybrid and flexible working arrangements – please speak to your recruiter about the options for this particular role.

Salary: Up to £45,000 depending on skills & experience.

What you’ll be doing:

  • Provide value-adding and robust financial support to the project team.
  • Produce and develop reports to meet business requirements.
  • Support resolution of project financial issues.
  • Produce, promote and monitor supporting process instructions.
  • Support continuous improvement initiatives.
  • Monitor financial performance, providing independent and robust financial challenge.
  • Ensure consistency and accuracy of data provided to customers.
  • Coaching non-finance employees on financial reports.
  • Preparation of Summary Status Reports.

Your skills and experiences:

Essential:

  • Project accounting experience.
  • Aware of MoD Accounting/Contracting requirements.
  • Knowledge of Project Lifecycle Management (LCM) Process.
  • Business Systems experience (SAP/BPC).
  • Finance Governance requirements including Financial Controls Framework.

Desirable:

  • Part qualified accountant or qualified by experience within a project environment.

Benefits:

You’ll receive benefits including a competitive pension scheme, enhanced annual leave allowance and a Company contributed Share Incentive Plan. You’ll also have access to additional benefits such as flexible working, an employee assistance programme, Cycle2work and employee discounts – you may also be eligible for an annual incentive.

The FMSP Project Finance Team:

The team provides comprehensive project accounting support to the Mod Future Maritime Support Programme. This role supports the short term fleet time engineering and capital insertion activities which form part of the FMSP contract. This involves regular meetings with the Mod customer articulating the financial position for each activity.

As the world has evolved, so has the way we work. Our working approach will enable you to have flexibility with your working hours, depending on your role and location. This could include accruing hours as well as flexibility around start and finish times, ensuring you can balance life at work, on site and life at home.

Why BAE Systems?

This is a place where you’ll be able to make a real difference. You’ll be part of an inclusive culture that values diversity, rewards integrity, and merit, and where you’ll be empowered to fulfil your potential. We welcome candidates from all backgrounds and particularly from sections of the community who are currently underrepresented within our industry, including women, ethnic minorities, people with disabilities and LGBTQ+ individuals.

We also want to make sure that our recruitment processes are as inclusive as possible. If you have a disability or health condition (for example dyslexia, autism, an anxiety disorder etc.) that may affect your performance in certain assessment types, please speak to your recruiter about potential reasonable adjustments.

Please be aware that many roles working for BAE Systems will be subject to both security and export control restrictions. These restrictions mean that factors including your nationality, any previous nationalities you have held, and your place of birth may limit those roles you can perform for the organisation.

Closing Date: 12th May 2025. We reserve the right to close this vacancy early if we receive sufficient applications for the role. Therefore, if you are interested, please submit your application as early as possible.

Assistant Project Accountant employer: BAE Systems

BAE Systems is an exceptional employer located at the Portsmouth Naval Base, offering a dynamic work environment that prioritises flexibility and employee well-being. With a strong focus on professional development, employees benefit from comprehensive financial support, a competitive pension scheme, and a culture that champions diversity and inclusion. Join us to make a meaningful impact while enjoying a balanced work-life experience in a supportive team dedicated to continuous improvement.
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Contact Detail:

BAE Systems Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Assistant Project Accountant

✨Tip Number 1

Familiarise yourself with the specific financial systems mentioned in the job description, such as SAP and BPC. Having a solid understanding of these tools will not only boost your confidence during interviews but also demonstrate your readiness to hit the ground running.

✨Tip Number 2

Research the MoD Accounting and Contracting requirements thoroughly. Being able to discuss these in detail during your conversations with recruiters will show that you are proactive and genuinely interested in the role.

✨Tip Number 3

Prepare to discuss your experience with project accounting and how it relates to the Project Lifecycle Management process. Use specific examples from your past roles to illustrate your expertise and problem-solving skills.

✨Tip Number 4

Network with current or former employees of BAE Systems, especially those in finance or project management roles. They can provide valuable insights into the company culture and expectations, which can help you tailor your approach during the application process.

We think you need these skills to ace Assistant Project Accountant

Project Accounting Experience
Knowledge of MoD Accounting/Contracting Requirements
Understanding of Project Lifecycle Management (LCM) Process
Business Systems Experience (SAP/BPC)
Finance Governance Knowledge
Financial Controls Framework Awareness
Report Production and Development
Financial Performance Monitoring
Coaching Non-Finance Employees
Summary Status Report Preparation
Problem-Solving Skills
Attention to Detail
Communication Skills
Continuous Improvement Mindset

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your project accounting experience and any relevant skills related to MoD Accounting/Contracting requirements. Use specific examples that demonstrate your ability to provide financial support and resolve financial issues.

Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your background aligns with the responsibilities listed in the job description, particularly your experience with Project Lifecycle Management and Business Systems like SAP/BPC.

Highlight Relevant Skills: Clearly outline your essential skills such as financial performance monitoring and coaching non-finance employees on financial reports. If you have any desirable qualifications, like being part qualified, make sure to include those as well.

Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for an Assistant Project Accountant role.

How to prepare for a job interview at BAE Systems

✨Understand Project Accounting Fundamentals

Make sure you brush up on your project accounting knowledge. Be prepared to discuss your experience with financial reporting and how you've supported project teams in the past. This will show that you can provide the robust financial support they are looking for.

✨Familiarise Yourself with MoD Requirements

Since the role involves working with the Ministry of Defence, it's crucial to have a good understanding of their accounting and contracting requirements. Research these aspects and be ready to explain how your experience aligns with their needs.

✨Showcase Your Business Systems Experience

Highlight your familiarity with business systems like SAP or BPC during the interview. Be prepared to give examples of how you've used these tools to enhance financial performance or streamline processes in previous roles.

✨Emphasise Continuous Improvement Initiatives

Discuss any initiatives you've led or contributed to that aimed at improving financial processes or reporting accuracy. This demonstrates your proactive approach and commitment to continuous improvement, which is highly valued in this role.

Assistant Project Accountant
BAE Systems
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  • Assistant Project Accountant

    Southampton
    Full-Time
    36000 - 54000 £ / year (est.)

    Application deadline: 2027-05-05

  • B

    BAE Systems

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