Project Cost Accountant

Project Cost Accountant

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage project costs and collaborate with suppliers for accurate financial tracking.
  • Company: Boldyn Networks is innovating interconnectivity solutions for a better tomorrow.
  • Benefits: Enjoy flexible working, generous holiday allowance, and paid parental leave.
  • Why this job: Join a diverse team tackling exciting projects that make a real impact.
  • Qualifications: Experience in cost accounting, financial principles, and proficiency in Excel and accounting software.
  • Other info: We value diversity and encourage applicants from all backgrounds.

The predicted salary is between 36000 - 60000 £ per year.

Join to apply for the Project Cost Accountant role at Boldyn Networks

Join to apply for the Project Cost Accountant role at Boldyn Networks

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About The Role
This position is responsible for implementing effective accounting procedures and management of all project costs associated with each project. The role acts as the primary point of contact for supplier finance teams and should ensure accurate and timely tracking, reconciliation and reporting of capital and operating expenditure across our supply chain. Support our Financial Controller and Senior Project accountant in developing a highly effective function which drives positive results and excellent working relationships across the business.
What You’ll Be Doing

  • Responsible for planning, execution and documentation of various accounting department projects on a planned and ad-hoc basis.
  • Working closely with Key Suppliers and Vendors to assess and analyse the cost status of the works; assessing Contractor dashboards and making recommendations where appropriate
  • Working with the Programme Manager and other team members to analyse and report on the cost status of the project highlighting performance trends and make recommendations of key actions where applicable.
  • Prepare documentation on periodic, contract determined basis, of metrics for customers, vendors and for the support of other departments’ informational requirements.
  • Preparation of project cost study and analysis of various project metrics for internal evaluation and reporting.
  • Thorough, auditable maintenance and organisation of records through memorialisation and classification of specific objectives, process and results as determined on a project by project basis.
  • Prepare monthly journal entries in preparation and in the execution of month-end closings; Responsible for completion data intensive calculations of month-end processes.
  • Assistance with reconciliation and maintenance of fixed assets, work in process and segmentation of data and support for project phases.
  • Support an environment of continuous improvement by making recommendations and implementing solutions which are digitally led.

What You’ll Bring

  • Proven experience of Cost Accounting practises, standards, systems and processes
  • Knowledge of financial terms and principles
  • Experience dealing with Fixed Assets, Cost Accounting on multiple projects
  • Experience within public accounting firm with commercial experience within the Construction (or similar) industry.
  • Analytical & quantitative Skills, attention to detail/accuracy, problem solving skills.
  • PC Software applications including Excel and Word
  • Accounting Software Systems and Applications. Workday experience preferred.

About Us
At Boldyn Networks, we’re reimagining the future of interconnectivity. Our network solutions are solving some of tomorrow’s greatest challenges. We are one team across the globe. Always listening. Learning. We value different perspectives and challenge each other to be our best. Here, you can change lives today and create a better tomorrow.
Why work with us?
We’re large enough to deliver and maintain large-scale operations, giving you the opportunity to work on exciting projects and expand your skills. You’ll be surrounded talented colleagues who thrive on solving problems, just like you. Together, you’ll make your mark on projects that matter and find new strengths along the way.
We also offer:

  • 17,000 LinkedIn Learning courses
  • Flexible working opportunities
  • Parental leave with up to 20 weeks paid at full salary
  • Holiday allowance starting at 25 days rising with length of service
  • 4 days off each year to volunteer

Ready to apply?
Are you ready to create an impact that will last for generations? Join us at Boldyn Networks today. Hit apply and follow the instructions to get started.
Diversity recognises the ways we differ. Our backgrounds, perspectives and experiences. What makes us unique. And it’s important to us, to our future. To build a workforce that’s representative of the societies we serve. So that we can listen, learn and understand how to solve our customers’ problems in the smartest ways possible.
We are looking for passionate people from a range of backgrounds and welcome applications from any race, age, gender, background, or religion.

Seniority level

  • Seniority level

    Mid-Senior level

Employment type

  • Employment type

    Full-time

Job function

  • Job function

    Accounting/Auditing and Finance

  • Industries

    Telecommunications

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Project Cost Accountant employer: Boldyn Networks

At Boldyn Networks, we pride ourselves on fostering a collaborative and inclusive work environment where every team member is valued. As a Project Cost Accountant, you will have the opportunity to engage in meaningful projects that drive innovation in interconnectivity while enjoying flexible working arrangements, generous holiday allowances, and a commitment to your professional growth. Join us to be part of a diverse team dedicated to making a lasting impact in the industry.
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Contact Detail:

Boldyn Networks Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Project Cost Accountant

✨Tip Number 1

Familiarise yourself with the specific accounting software mentioned in the job description, particularly Workday. If you haven't used it before, consider taking an online course or watching tutorials to get a basic understanding of its functionalities.

✨Tip Number 2

Network with professionals in the construction industry or those who have experience in cost accounting. Attend relevant webinars or local meetups to gain insights and potentially find a mentor who can guide you through the application process.

✨Tip Number 3

Prepare to discuss your analytical and quantitative skills during the interview. Think of specific examples from your past work where you successfully analysed project costs or improved financial processes, as these will demonstrate your fit for the role.

✨Tip Number 4

Research Boldyn Networks and their projects to understand their values and goals. This knowledge will help you tailor your conversation during interviews and show that you're genuinely interested in contributing to their mission.

We think you need these skills to ace Project Cost Accountant

Cost Accounting Practices
Financial Analysis
Fixed Assets Management
Project Cost Analysis
Attention to Detail
Problem-Solving Skills
Data Reconciliation
Accounting Software Proficiency
Excel and Word Proficiency
Communication Skills
Analytical Skills
Documentation Skills
Continuous Improvement Mindset
Collaboration with Suppliers and Vendors

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Project Cost Accountant position. Familiarise yourself with key terms like cost accounting practices, financial principles, and project management.

Tailor Your CV: Customise your CV to highlight relevant experience in cost accounting, particularly within the construction industry or similar fields. Emphasise your analytical skills, attention to detail, and any experience with accounting software like Workday.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific experiences that align with the job description, such as managing project costs or working with suppliers, and explain how you can contribute to their team.

Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is accurate and clearly presented. A polished application reflects your attention to detail.

How to prepare for a job interview at Boldyn Networks

✨Know Your Numbers

As a Project Cost Accountant, you'll need to demonstrate your understanding of cost accounting practices. Brush up on key financial terms and principles, and be prepared to discuss how you've applied them in previous roles.

✨Showcase Your Analytical Skills

Highlight your analytical and quantitative skills during the interview. Be ready to provide examples of how you've assessed project costs and made recommendations based on your findings. This will show that you can contribute to the team's success.

✨Familiarise Yourself with Relevant Software

Since the role mentions the use of accounting software systems, particularly Workday, make sure you're familiar with these tools. If you have experience with similar software, be prepared to discuss how you've used it to manage project costs effectively.

✨Emphasise Team Collaboration

The job involves working closely with various stakeholders, including suppliers and project managers. Share examples of how you've successfully collaborated with others in past projects, as this will demonstrate your ability to thrive in a team-oriented environment.

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