Project Accountant

Project Accountant

Full-Time 33.1 - 33.1 £ / hour (est.) Home office (partial)
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At a Glance

  • Tasks: Manage financial reporting for exciting defence projects and support bid campaigns.
  • Company: Leading defence and aerospace organisation based at Oxford Airport.
  • Benefits: Competitive pay, hybrid working, and opportunities for professional development.
  • Other info: Flexible working environment with potential for contract extension.
  • Why this job: Gain valuable experience in the defence sector with a well-established company.
  • Qualifications: Professional accountancy qualification or part qualification and strong financial knowledge.

The predicted salary is between 33.1 - 33.1 £ per hour.

An exciting opportunity has arisen for a Project Accountant to join a leading defence and aerospace organisation based at Oxford Airport. The Project Accountant role offers a fantastic chance to work on high-profile defence projects whilst supporting financial reporting and bid campaigns. This is a hybrid position requiring 3 days onsite minimum, offering flexibility and modern working practices.

The Project Accountant will be responsible for:

  • Providing financial reporting on defence projects and supporting bid campaigns
  • Validating the financial integrity of offers in liaison with senior management
  • Developing work breakdown structures and project plans for contract proposals
  • Preparing operating plans and monitoring budget forecasts
  • Ensuring accurate allocation of costs and timely hour bookings across programmes
  • Preparing Group contract reviews and monthly Estimate at Completion (EAC) updates
  • Supporting month-end closing and financial reporting processes
  • Maintaining defence-related financial data in SAP systems
  • Providing ad hoc financial support and challenging delivery teams where necessary

Essential Requirements:

  • Professional accountancy qualification or part qualification
  • Experience within a financial controlling and/or project reporting department
  • Strong knowledge of accountancy principles
  • Excellent oral and written communication skills
  • Proficiency with MS Office and Excel
  • Solid understanding of work package management and control
  • Knowledge of risk management principles
  • Ability to coordinate multiple tasks, prioritise effectively, and meet tight deadlines
  • Structured and methodical approach to planning and tracking

Desirable Qualifications:

  • Experience with SAP systems
  • Project accounting experience
  • Knowledge of Single Source Regulatory framework and Contract Regulations
  • Familiarity with MoD Commercial and Accountancy procedures

What The Company Offers:

  • Competitive Pay: £33.10 per hour (PAYE) or £44.28 per hour (Umbrella)
  • Contract Duration: 12 months with possible extension
  • Working Pattern: Monday to Friday, 08:30-17:00 (37.5 hours per week)
  • Flexibility: Hybrid working with 3 days onsite minimum
  • Location: Oxford, with occasional UK and European travel
  • Security Clearance: Opportunity to obtain MoD Security Clearance (DBS required, current SC preferred)
  • Professional Environment: Working on significant defence projects within an established aerospace organisation

Key Requirements:

  • Right to work in the UK (all applicants must demonstrate this)
  • Eligible for MoD Security Clearance
  • Full driving licence preferred (not essential)
  • Willingness to travel within the UK and occasionally within Europe

This Project Accountant role provides an excellent opportunity to develop expertise within the defence sector whilst working with a well-established organisation. The hybrid working arrangement offers work-life balance, and the 12-month contract with potential extension provides stability. Candidates will gain valuable experience in financial controlling, project accounting, and MoD procedures.

Project Accountant employer: Carbon60 - Eng&Tech

As an SAP Payroll & Time Advisor, you will join a dynamic and supportive HR Administration team that prioritises employee well-being and professional growth. Our company fosters a collaborative work culture, offering comprehensive training and development opportunities to enhance your skills in payroll processing while ensuring a healthy work-life balance in a vibrant UK location. With a commitment to excellence and a focus on customer service, we provide a rewarding environment where your contributions are valued and recognised.

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Contact Details:

Carbon60 - Eng&Tech Recruitment Team

We think you need these skills to ace Project Accountant

Financial Reporting
Project Accounting
SAP Systems
Work Breakdown Structures
Budget Forecasting
Cost Allocation
Communication Skills