Project Accountant

Project Accountant

Full-Time 45000 - 55000 € / year (est.) Home office (partial)
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At a Glance

  • Tasks: Manage project finances, ensuring accurate reporting and strong financial governance.
  • Company: Join BakerHicks, a leader in design and engineering since 1957.
  • Benefits: Enjoy competitive salary, flexible working, and professional development opportunities.
  • Other info: Inclusive workplace committed to diversity and personal merit.
  • Why this job: Be at the heart of exciting projects with real impact and career growth.
  • Qualifications: Strong numerical skills and a background in finance or commercial roles.

The predicted salary is between 45000 - 55000 € per year.

BakerHicks works on a variety of large exciting projects across various sectors. We are seeking a Project Financial Controls Manager to join our Finance team, working closely with Project Managers, discipline leads and senior commercial stakeholders to ensure robust financial governance across live projects. This role is central to maintaining accurate cost, revenue and cash flow visibility, supporting effective decision-making and ensuring strong financial control throughout the project lifecycle.

You will take ownership of contract financial reporting across assigned projects, with a strong focus on Cost Value Reconciliation (CVR), forecasting, change control and cash flow management. Working in close partnership with Project Managers, you will ensure financial data is accurate, timely and actionable, while also supporting effective contract administration and commercial risk management. This position suits someone with strong numerical and analytical capability, ideally from a finance, project controls or commercial finance background, with an interest in developing deep knowledge of construction project financials and contract delivery.

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:
  • Ownership of project financial reporting, including Cost Value Reconciliation (CVR), forecasting and cost-to-complete analysis
  • Maintain oversight of project cost, revenue and cash flow performance, ensuring accuracy and transparency
  • Support change control and variation processes, ensuring updates are reflected in financial forecasts and reporting
  • Produce applications for payment and support invoicing processes, ensuring timely cash collection
  • Work closely with Project Managers to challenge assumptions, validate forecasts and improve financial outcomes
  • Support contract administration activities, ensuring financial compliance across projects
  • Assist in preparation of tender and fee build-ups, including cost modelling and cash flow profiling
  • Liaise with internal stakeholders and client commercial teams to support strong financial relationships
  • Identify financial risks and opportunities, supporting mitigation and value improvement
  • Contribute to process improvement initiatives within the Finance and Project Controls function
  • Support year-end audit processes for assigned contracts
  • Provide guidance to Project Managers on financial and contractual matters

This is a key finance-facing role at the heart of project delivery, offering exposure to complex, high-value projects and strong progression opportunities within both Finance and Project Controls.

About You

You will have a strong affinity for numbers and the ability to interpret them, but also be able to build credible relationships across the business with various stakeholders. You will have experience/ a background in Commercial or Finance Degree qualified or qualified through experience. You will be willing and able to obtain security clearance.

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.

Further information on National security clearance levels can be found on the UK Government website: (National security vetting: clearance levels - GOV.UK)

About BakerHicks

We’ve been innovating in design, engineering and project delivery since 1957 and operate from 14 locations for a truly European reach. For more about our company story, see: About | BakerHicks.

Benefits

Whatever your discipline, you’ll be alongside some of the most talented people in the industry. Our network of offices are appealing, friendly and comfortable spaces, easily accessible by car or public transport. And our salary and benefits packages are some of the best in the industry. What you get will depend on what you do, with individual performance-related rewards also on offer in addition to:

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

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.

Project Accountant employer: BakerHicks

BakerHicks is an exceptional employer, offering a dynamic work environment where talented professionals collaborate on exciting, high-value projects across various sectors. With a strong focus on employee development, competitive benefits including flexible working options, and a commitment to diversity and inclusion, BakerHicks provides a supportive atmosphere that fosters growth and innovation for all team members.

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Contact Detail:

BakerHicks Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Project Accountant

Tip Number 1

Network like a pro! Reach out to current employees at BakerHicks on LinkedIn or through mutual connections. A friendly chat can give you insider info and might just get your foot in the door.

Tip Number 2

Prepare for the interview by knowing your numbers! Brush up on Cost Value Reconciliation (CVR) and cash flow management. Being able to discuss these topics confidently will show you're ready for the Project Accountant role.

Tip Number 3

Showcase your analytical skills! Bring examples of how you've tackled financial challenges in past projects. This will demonstrate your ability to support effective decision-making and financial governance.

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 the BakerHicks team.

We think you need these skills to ace Project Accountant

Financial Reporting
Cost Value Reconciliation (CVR)
Forecasting
Cash Flow Management
Contract Administration
Commercial Risk Management
Numerical Analysis

Some tips for your application 🫡

Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Project Accountant role. Highlight your numerical and analytical capabilities, as well as any relevant finance or project controls experience.

Craft a Compelling Cover Letter:Use your cover letter to tell us why you're passionate about this role and how your background makes you a great fit. Mention specific projects or experiences that demonstrate your ability to manage financial reporting and support decision-making.

Showcase Your Relationship-Building Skills:Since this role involves working closely with Project Managers and other stakeholders, emphasise your ability to build strong relationships. Share examples of how you've successfully collaborated in past roles to achieve financial goals.

Apply Through Our Website:We encourage you to apply directly through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and ensure it reaches the right people!

How to prepare for a job interview at BakerHicks

Know Your Numbers

As a Project Accountant, you'll need to demonstrate your strong numerical and analytical skills. Brush up on key financial concepts like Cost Value Reconciliation (CVR) and cash flow management. Be ready to discuss how you've used these skills in past roles or projects.

Build Relationships

This role involves working closely with Project Managers and other stakeholders. Prepare examples of how you've successfully built relationships in previous positions. Highlight your communication skills and how they helped you achieve financial goals or resolve issues.

Understand the Project Lifecycle

Familiarise yourself with the project lifecycle and how financial controls fit into it. Be prepared to discuss how you can ensure robust financial governance throughout the project. Show that you understand the importance of accurate reporting and timely decision-making.

Prepare for Scenario Questions

Expect questions that assess your problem-solving abilities, especially around financial risks and opportunities. Think of scenarios where you've had to challenge assumptions or validate forecasts. Use the STAR method (Situation, Task, Action, Result) to structure your answers effectively.