Trainee Project Accountant Manchester

Trainee Project Accountant Manchester

Manchester Trainee 25000 - 32000 £ / year (est.) No working from home possible
Baker Hicks Limited

At a Glance

  • Tasks: Support project financial management and collaborate with Project Managers for accurate reporting.
  • Company: Join BakerHicks, a diverse and inclusive company committed to your growth.
  • Benefits: Enjoy a competitive salary, pension plan, generous leave, and discounts on various services.
  • Other info: Dynamic work environment with opportunities for personal and professional development.
  • Why this job: Kickstart your career in finance while making a real impact on exciting projects.
  • Qualifications: Analytical skills and a background in finance or business administration are a plus.

The predicted salary is between 25000 - 32000 £ per year.

The Trainee Project Accountant will assist and report into the Senior Project Financial Controls Manager. The role will initially support the Senior Project Financial Controls Manager in taking responsibility for all contracts where the SCM is the nominated commercial lead. This will eventually lead to sole assignment of commercial elements on projects, working collaboratively with various Project Managers (PMs) to ensure commercial information is accurate and available.

Key objectives

  • Build strong relationships and credibility with PMs for all contracts to enable accurate project reporting and appropriate contract administration.
  • Work with and assist the SCM with all Commercial team activities including process improvements.
  • Work closely with the Business Sector & Discipline directors as well as the finance team.

Principal responsibilities and accountabilities

Commercial Management

  • Provide assistance in Cost Value Reconciliation (CVR) production, as well as interrogation of costs incurred to date and to complete.
  • Assist in contract variation/change management process with input from the PM, including maintenance of change register.
  • Generating applications for payment and invoices together with all necessary back up and ensuring timely cash collection.
  • Assisting PMs with the company procurement process & in the appointment of sub-consultants (Outworkers) on appropriate terms.
  • Working with discipline leads to challenge forecasted cost to complete.
  • Liaising with client commercial staff to build strong working relationships.
  • Assistance at the year end finance audit for the SCM owned contracts.
  • Advising and assisting PMs on Commercial issues.
  • Assistance in process improvement activities.
  • Other ad hoc and routine work as required.

Commercial Administration

  • Administration of Vantagepoint for UK and European regions.
  • Setting up new staff & contractors.
  • Overall management of enquiries/contract in Vantagepoint & liaising with finance to ensure contract set up in COINS (general ledger).
  • Provision of both regular and adhoc reports.
  • Identifying and providing coaching/training needs of Vantagepoint users.
  • Database administration in accordance with reporting timetable.
  • Administration, ownership and correction of incorrectly posted timesheets.

About You

Qualifications and training

  • Analytical skills advantageous.
  • Administration and customer service skills advantageous.
  • Accounting/Finance/Business Administration background advantageous.

Technical skills and experience

  • Demonstrable competent excel skills.
  • Sound analytical ability.
  • Organised, ability to multi-task.
  • Proactive, actively pursues improvement.
  • Confidence and willing to interact across all levels.
  • Credible and highly motivated.

Many of the positions within our company are subject to security clearance or security assurance levels. The successful candidate must be able to obtain and maintain the appropriate level of security clearance or assurance level for this role, in line with client and sector requirements. In some cases, additional nationality or residency criteria may also apply due to specific client or national security obligations.

Benefits

  • Company car or cash allowance.
  • Up to 6% matched contributory pension plan.
  • 25 days annual leave plus ability to buy additional leave.
  • Discount scheme (including gym membership, mobile phones etc).
  • Family friendly policies.
  • Employee assistance.

BakerHicks is an equal opportunity employer. We care about creating an inclusive atmosphere and are committed to promoting diversity and inclusion throughout. BakerHicks is an inclusive organisation welcoming talent from all backgrounds. Applicants are assessed on the basis of personal merit and qualifications.

Trainee Project Accountant Manchester employer: Baker Hicks Limited

BakerHicks is an exceptional employer located in Manchester, offering a supportive and inclusive work culture that prioritises employee growth and development. As a Trainee Project Accountant, you will benefit from a comprehensive training programme, mentorship from experienced professionals, and access to a range of benefits including a matched pension plan and generous annual leave. The company fosters strong relationships across teams, ensuring that you are well-equipped to contribute meaningfully to projects while enjoying a balanced work-life environment.

Baker Hicks Limited

Contact Details:

Baker Hicks Limited Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Trainee Project Accountant Manchester

Tip Number 1

Network like a pro! Reach out to current employees on LinkedIn or at industry events. Building relationships with people in the company can give you insider info and might even lead to a referral.

Tip Number 2

Prepare for interviews by researching the company and its projects. Show that you understand their work and how you can contribute, especially in areas like cost value reconciliation and contract management.

Tip Number 3

Practice your communication skills! You’ll need to liaise with various teams, so being able to articulate your thoughts clearly is key. Consider mock interviews with friends or mentors to boost your confidence.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team.

We think you need these skills to ace Trainee Project Accountant Manchester

Analytical Skills
Administration Skills
Customer Service Skills
Accounting Knowledge
Finance Knowledge
Business Administration Knowledge
Excel Skills

Some tips for your application 🫡

Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Trainee Project Accountant role. Highlight any relevant coursework or projects that showcase your analytical and organisational abilities.

Craft a Compelling Cover Letter:Use your cover letter to tell us why you're excited about this position. Share specific examples of how your background in finance or administration makes you a great fit for our team.

Showcase Your Skills:Don’t forget to mention your Excel skills and any experience with project management tools. We love seeing candidates who are proactive and eager to improve processes!

Apply Through Our Website:For the best chance of success, make sure to apply directly through our website. This way, we can easily track your application and get back to you quicker!

How to prepare for a job interview at Baker Hicks Limited

Know Your Numbers

As a Trainee Project Accountant, you'll be dealing with financial data daily. Brush up on your accounting principles and be ready to discuss how you would approach Cost Value Reconciliation (CVR) or manage contract variations. Showing that you understand these concepts will impress the interviewers.

Build Relationships

The role involves working closely with Project Managers and other teams. Prepare examples of how you've successfully built relationships in previous roles or during your studies. Highlighting your interpersonal skills will demonstrate that you're ready to collaborate effectively.

Show Your Analytical Skills

Analytical skills are key for this position. Be prepared to discuss how you've used data analysis in past experiences. You might even want to bring a small example of a project where you had to analyse costs or improve processes, as this will showcase your proactive approach.

Familiarise Yourself with Vantagepoint

Since you'll be administering Vantagepoint, it’s a good idea to familiarise yourself with its functionalities. If you have experience with similar software, mention it! If not, do a bit of research so you can speak confidently about how you would manage contract administration and reporting.