Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead project accounting, manage budgets, and ensure financial compliance for exciting architectural projects.
- Company: Join a renowned architectural design consultancy with a global footprint and innovative projects.
- Benefits: Enjoy competitive pay, flexible working options, and opportunities for professional growth.
- Why this job: Be part of a dynamic team that values creativity and collaboration in a thriving industry.
- Qualifications: 5+ years in project revenue accounting; proficiency in Microsoft Office and ERP systems required.
- Other info: This is a newly created role, offering a chance to shape the future of project accounting.
The predicted salary is between 43200 - 72000 £ per year.
Cobalt Recruitment is supporting a renowned architectural design consultancy with a global presence in recruiting a Senior Project Accountant for their London office. This newly created role will lead revenue accounting, WIP reporting, and budget management.
Key Responsibilities:
- Review project WIP, revenue, backlog, budget variances, and profitability; ensure all billable expenses are billed; track project and WIP comments.
- Lead project health reviews with Project Managers (PMs) and Senior Leaders (SLs).
- Review weekly Net Service Revenue (NSR) reports; ensure revenue is correctly allocated; make necessary revenue adjustments.
- Perform quarterly internal audits of select projects; review project setup for accuracy; analyze project costs against budgets and contracts.
- Manage end-to-end project accounting from creation to close-out.
- Review project contracts for financial compliance.
- Set up projects in the accounting system, liaising with PMs and SLs on budgets and phases.
- Maintain contract paperwork, invoices, aging A/R, change orders, and other logs.
- Prepare client fees, expenses, invoices, reports, and records.
- Post cash receipts, notify relevant parties, and log details daily.
- Handle billing and cash flow projections.
- Coordinate collection efforts; initiate stop-work procedures and third-party collections.
- Prepare and distribute weekly collections reports.
- Perform Accounts Payable duties, including coding, posting vouchers, and vendor inquiries.
- Manage PWP consultants' vouchers and updates.
- Reconcile month-end PWP tracking with disbursed files.
- Review phases in Power-Bi to ensure backlog accuracy.
- Enter ICs timecards as labor when applicable.
Ad-Hoc Tasks:
- Implement controls to monitor budgets, actuals, labor hours, and expenses; develop reports.
- Identify improvement opportunities; suggest and implement procedures or tools.
- Support additional accounting responsibilities and special projects.
Required Experience:
- At least 5 years in a mid-sized professional services organization with project revenue accounting duties.
- Proficient in Microsoft Office, accounting software, order processing, and databases.
- Experience with ERP systems is essential.
- Strong skills in general ledger, accounts receivable, and accounts payable.
- Excellent communication skills, both written and verbal.
- Strong interpersonal skills and diplomacy.
- Ability to handle confidential information sensitively.
Senior Project Accountant employer: JR United Kingdom
Contact Detail:
JR United Kingdom Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Project Accountant
✨Tip Number 1
Network with professionals in the architectural design consultancy sector. Attend industry events or webinars where you can meet potential colleagues and leaders in the field. This can help you gain insights into the company culture and expectations.
✨Tip Number 2
Familiarise yourself with the specific accounting software and ERP systems mentioned in the job description. If you have experience with similar tools, be prepared to discuss how your skills can transfer to their systems during interviews.
✨Tip Number 3
Prepare to demonstrate your understanding of project revenue accounting by discussing relevant past experiences. Think of specific examples where you successfully managed budgets, tracked WIP, or improved financial processes.
✨Tip Number 4
Showcase your communication and interpersonal skills during the interview process. Be ready to explain how you've effectively collaborated with project managers and senior leaders in previous roles, as this will be crucial for the position.
We think you need these skills to ace Senior Project Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in project revenue accounting and financial compliance. Use specific examples from your past roles that demonstrate your ability to manage budgets, WIP reporting, and project health reviews.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role. Mention how your skills align with the responsibilities listed in the job description, such as managing end-to-end project accounting and performing internal audits.
Highlight Relevant Skills: In your application, emphasise your proficiency in Microsoft Office, accounting software, and ERP systems. Provide examples of how you've used these tools in previous positions to improve processes or achieve results.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Senior Project Accountant role.
How to prepare for a job interview at JR United Kingdom
✨Know Your Numbers
As a Senior Project Accountant, you'll be dealing with budgets, WIP reports, and profitability. Brush up on your financial metrics and be ready to discuss how you've managed these in previous roles.
✨Familiarise Yourself with ERP Systems
Since experience with ERP systems is essential for this role, make sure you can talk about your familiarity with them. Be prepared to give examples of how you've used these systems to streamline accounting processes.
✨Demonstrate Strong Communication Skills
This role requires excellent communication with Project Managers and Senior Leaders. Think of examples where your communication skills made a difference in project outcomes or team collaboration.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities, especially regarding budget management and project health reviews. Prepare scenarios from your past experiences where you successfully navigated challenges in project accounting.
