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- Tasks: Support financial analysis and reporting for project stakeholders to meet budget targets.
- Company: Join HS2 Ltd, the UK's new high-speed rail network, boosting economy and job creation.
- Benefits: Enjoy a competitive salary, flexible benefits fund, and opportunities for personal development.
- Why this job: Be part of a transformative project while promoting equality and inclusion in a dynamic environment.
- Qualifications: Qualified accountant with experience in project finance and proficiency in Excel and ERP systems.
- Other info: HS2 Ltd values diversity and offers a safe, inclusive workplace for all employees.
The predicted salary is between 38000 - 46000 £ per year.
Join to apply for the Project Accountant role at HS2 (High Speed Two) Ltd
Join to apply for the Project Accountant role at HS2 (High Speed Two) Ltd
Job Description
As a Project Accountant you will be responsible for providing financial support and analysis to Finance Business Partners in supporting the organisation to achieve its financial targets and deliver value for money within the available budgets.
Job Description
As a Project Accountant you will be responsible for providing financial support and analysis to Finance Business Partners in supporting the organisation to achieve its financial targets and deliver value for money within the available budgets.
Base salary: c£44380 pa to £52212 depending on skills and experience. In addition, we offer flexible benefits fund of 15% which is paid on top base salary and is fully pensionable, as well as a range of competitive benefits – check them out in the Benefits section on our website.
HS2 Ltd endeavours to ensure everyone working for us and with us feels included, thrives and achieves their full potential. In practice, this means we are positive and inclusive about making adjustments, providing flexible working, encouraging our staff networks to flourish and providing personal and professional development opportunities.
As a Project Accountant you will be responsible for providing financial support and analysis to Finance Business Partners in supporting the organisation to achieve its financial targets and deliver value for money within the available budgets.
About The Role
Duties and responsibilities as below but not limited to:
Month End
- Support the Project Finance Business Partner in undertaking monthly and quarterly reviews with Budget holders, Cost Managers and Commercial Managers to challenging variances to agreed business plan or forecast and recommending appropriate corrective actions.
- Work with HS2 Commercial, Cost Managers and Contractor\’s Finance leads to improve accuracy of Actual Cost of Work Performed (ACWP), expenditure and cash forecasts.
- Drive the month end process for the business area ensuring a strong control environment is maintained and that accruals are appropriately challenged and evidenced.
- Monitor the alignment of project and financial data systems and provides corrective action where necessary.
- Provide monthly and ad-hoc reporting and analysis to support project stakeholders in keeping their financial expenditure within their agreed targets.
- Reviews and monitors project liabilities and maintains appropriate provisions in the accounts.
Business Planning and Forecasting
- Support the Project Finance Business Partners during the annual business planning and quarterly forecasting process to establish recommended phased forecasts in line with planned programme delivery.
Change and Investment business cases
- Support the delivery teams in the creation of Change and Investment papers by providing robust financial information and testing the proposals are clearly articulated prior to Project Finance Business Partner review.
General
- Provide advice and guidance on the application of IFRS Standards and government finance procedures to budget holders and project team members.
- Provide guidance to the project team on the use of the ERP system.
- Provide ad-hoc analysis and support the Project Finance Business Partner and wider finance team including support to the yearend audit process.
- Actively promote and embed Equality, Diversity and Inclusion (EDI) in all your work and support and comply with all organisational initiatives, policies and procedures on EDI.
Skills
About You:
- Ability to work as part of a project team in a matrix structure
- Ability to use Excel spreadsheets (or equivalent package) to analyse large and complex data sets and provide useful management information.
Knowledge
- Qualified accountant, with a recognised body.
- Knowledge of SAP / Oracle accounting systems or other similar ERP systems
Type Of Experience
- Experience in a Project environment.
- Experience in providing financial information to inform project decisions, recognising consequence against cost, schedule and quality.
- Experience in business planning, forecasting experience within a project environment.
- Experience of preparing financial reports.
The post-holder is expected to behave at all times in a manner consistent with the HS2 values of Safety, Leadership, Integrity and Respect
It is expected that you will actively promote and embed Equality, Diversity and Inclusion (EDI) in all your work and support and comply with all organisational initiatives, policies and procedures on EDI.
As HS2 Ltd do not hold a sponsorship license from the Home Office, we are not able to provide sponsorship to any applicant. Applicants must already have the Right to Work in the UK at the time of application and our process involves a Right to Work validation prior to the interview stage. Note, there are certain types of time-bound visas that we cannot accept.
Any offers made to applicants will be subject to satisfactory completion of pre-employment checks which include Nationality & Immigration Status, employment references, DBS, Financial and Education checks.
We ask for a variety of detail in your online application, however we perform the first assessment of suitability for a role based solely on the information in your CV. In a further development of our efforts to create a more diverse workforce, your CV will be anonymised and personal information will be removed during the first stage of the application review. This removes bias from the process and makes it even more important that you attach an updated word version of your CV for each new application ensuring you include evidence directly related to the criteria in the job advert.
Watch this video on how we remove bias in the recruitment process: Removing bias in the recruitment process (youtube.com)
Any applications received after the closing date will not be considered.
About Us
High Speed 2 (HS2 Ltd) will be the UK’s new high speed rail network. As well as improving capacity, the new scheme will shorten journey times between a number of Britain’s major population centres, boost the economy and create thousands of jobs.
HS2 Ltd will create a skills legacy and develop a diverse range of talent. We aim to be a leader in EDI practice by creating a safe & inclusive working environment for all our staff – living our values of Safety, Respect, Integrity and Leadership.
In practice, this means we are positive and inclusive about making adjustments, providing flexible working, encouraging our staff networks to flourish and providing personal and professional development opportunities.
HS2 Ltd is also a safety-critical organisation. Employees are required to ensure reasonable care of their own and others’ health and safety by taking personal responsibility for working to our ‘Safe at Heart’ programme principles and following safe working procedures at all times.
HS2 Ltd endeavours to ensure everyone working for us and with us feels included, thrives and achieves their full potential.
Seniority level
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Seniority level
Mid-Senior level
Employment type
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Employment type
Full-time
Job function
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Job function
Accounting/Auditing and Finance
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Industries
Truck Transportation and Civil Engineering
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Project Accountant employer: HS2 (High Speed Two) Ltd
Contact Detail:
HS2 (High Speed Two) Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Project Accountant
✨Tip Number 1
Familiarise yourself with HS2's values and mission. Understanding their commitment to safety, integrity, and inclusion will help you align your responses during interviews and demonstrate that you're a good cultural fit.
✨Tip Number 2
Brush up on your knowledge of IFRS standards and government finance procedures. Being able to discuss these topics confidently will show your expertise and readiness for the role.
✨Tip Number 3
Network with current or former employees of HS2. They can provide valuable insights into the company culture and expectations, which can be beneficial during your interview.
✨Tip Number 4
Prepare specific examples from your past experience that showcase your ability to analyse financial data and support project decisions. Tailoring your examples to the responsibilities listed in the job description will make you stand out.
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 and skills that align with the Project Accountant role. Focus on your financial analysis capabilities, experience with project environments, and any knowledge of ERP systems like SAP or Oracle.
Craft a Strong Cover Letter: Write a cover letter that specifically addresses how your background and skills make you a great fit for HS2. Mention your understanding of financial support in project management and your commitment to values like Safety, Integrity, and Respect.
Highlight Relevant Experience: In your application, emphasise your experience in business planning and forecasting within a project environment. Provide examples of how you've successfully managed financial information to inform project decisions.
Proofread and Format: Before submitting your application, carefully proofread your documents for any errors. Ensure your CV is well-formatted and easy to read, as this reflects your attention to detail, which is crucial for a Project Accountant.
How to prepare for a job interview at HS2 (High Speed Two) Ltd
✨Know Your Numbers
As a Project Accountant, you'll be expected to handle financial data with ease. Brush up on your financial analysis skills and be prepared to discuss how you've used data to inform project decisions in the past.
✨Familiarise Yourself with IFRS Standards
Understanding IFRS standards is crucial for this role. Make sure you can explain how these standards apply to budgeting and financial reporting, as well as any experience you have in applying them in previous roles.
✨Demonstrate Team Collaboration Skills
This position requires working closely with various stakeholders. Be ready to share examples of how you've successfully collaborated in a team environment, especially in a matrix structure, to achieve financial targets.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities in real-world scenarios. Think of specific instances where you've had to challenge variances or recommend corrective actions, and be ready to discuss your thought process.
