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- Tasks: Manage financial oversight for major projects, including budgeting and reporting.
- Company: Join a reputable organisation focused on project success and financial excellence.
- Benefits: Enjoy a competitive salary up to £55k and hybrid work flexibility.
- Why this job: Be part of a dynamic team driving financial performance and growth in the construction sector.
- Qualifications: Professional qualification required; experience in construction accounting and IFRS 15 knowledge essential.
- Other info: Opportunity for career advancement and collaboration with key stakeholders.
The predicted salary is between 39600 - 77000 £ per year.
Robert Half is excited to partner with a reputable organisation to recruit an experienced Project Accountant to be based in Chatham. This role is integral to the financial oversight and performance management of major projects and contracts. Reporting directly to the Head of Finance and working closely with operational teams, you will play a critical part in financial reporting, budgeting, forecasting, cash flow optimisation, and risk assessment to drive the success of the organisation. For the right candidate, this role offers a salary of up to £55k and opportunity for growth. This is a hybrid role with a requirement of 3 days on-site.
Key Responsibilities:
- Preparation and reporting of monthly accounts, budgets, forecasts, and long-term financial plans for projects and small works.
- Identify and implement measures to enhance cash flow and overall financial performance.
- Ownership of large project budgets, including ensuring revenue recognition adheres to IFRS 15 standards and monthly risk and cost updates.
- Develop and maintain financial models to track and report performance, challenging assumptions and identifying actions where required.
- Ensure accurate and timely billing, in compliance with the Construction Industry Scheme (CIS).
- Collaborate with key stakeholders on pricing activities and governance processes for major projects.
- Reconcile operational and accounting data and aid in the preparation of management accounts, including contract-specific financial reports.
- Monitor unbilled revenue and aged debt through active customer engagement and management.
- Support presentations for monthly contract reviews and audit processes, providing ad-hoc analysis as required.
- Establish and maintain processes to ensure robust financial controls and integrity within an ERP environment.
Requirements:
- Professional qualification (e.g., CIMA, ACCA, ACA) with post-qualified experience.
- Previous experience in the construction industry with exposure to long-term contract accounting.
- Strong working knowledge of IFRS 15 and CIS compliance requirements.
- Expertise in financial modelling and advanced proficiency in Microsoft Excel.
- Excellent written and verbal communication skills, with the ability to present complex financial information to non-finance stakeholders.
Locations
Project Accountant employer: Robert Half
Contact Detail:
Robert Half Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Project Accountant
✨Tip Number 1
Network with professionals in the construction industry, especially those who have experience in project accounting. Attend industry events or join relevant online forums to connect with potential colleagues and learn about the latest trends and challenges in the field.
✨Tip Number 2
Familiarise yourself with IFRS 15 and CIS compliance requirements if you haven't already. Consider taking a short course or attending workshops that focus on these standards, as this knowledge will be crucial in your role and can set you apart from other candidates.
✨Tip Number 3
Prepare to discuss your experience with financial modelling and advanced Excel skills during interviews. Be ready to provide examples of how you've used these skills in previous roles to enhance financial performance or streamline processes.
✨Tip Number 4
Showcase your ability to communicate complex financial information clearly. Practice explaining financial concepts to non-finance stakeholders, as this skill is essential for collaborating with operational teams and presenting at contract reviews.
We think you need these skills to ace Project Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in project accounting, particularly in the construction industry. Emphasise your qualifications such as CIMA, ACCA, or ACA, and showcase your expertise in financial modelling and IFRS 15 compliance.
Craft a Compelling Cover Letter: Write a cover letter that directly addresses the key responsibilities mentioned in the job description. Explain how your previous experiences align with the role's requirements, particularly in financial reporting, budgeting, and cash flow optimisation.
Showcase Communication Skills: Since excellent communication skills are essential for this role, consider including examples of how you've effectively presented complex financial information to non-finance stakeholders in your application.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for a Project Accountant.
How to prepare for a job interview at Robert Half
✨Showcase Your Financial Acumen
As a Project Accountant, you'll need to demonstrate your expertise in financial reporting and budgeting. Be prepared to discuss your experience with IFRS 15 standards and how you've successfully managed large project budgets in the past.
✨Highlight Your Industry Experience
Since this role requires previous experience in the construction industry, make sure to share specific examples of your work in long-term contract accounting. This will show that you understand the unique challenges and requirements of the sector.
✨Demonstrate Communication Skills
You'll be working closely with non-finance stakeholders, so it's crucial to convey complex financial information clearly. Prepare to give examples of how you've effectively communicated financial data to diverse teams in your previous roles.
✨Prepare for Technical Questions
Expect questions related to financial modelling and cash flow optimisation. Brush up on your advanced Excel skills and be ready to discuss how you've used financial models to track performance and drive decision-making in past projects.
