At a Glance
- Tasks: Join project teams to provide financial insights and ensure strong project performance.
- Company: Dynamic finance function within a growing organisation.
- Benefits: 25 days leave, flexible working, and comprehensive wellbeing support.
- Why this job: Combine analytical skills with hands-on project involvement for real impact.
- Qualifications: Qualified accountant preferred; strong attention to detail and communication skills required.
- Other info: Great career growth opportunities and a supportive work environment.
The predicted salary is between 36000 - 60000 £ per year.
We are seeking a Project Accountant to join our clients expanding finance function. This role is ideal for someone who enjoys combining analytical thinking with hands‑on project involvement, supporting finance, engineering and project teams to ensure strong financial performance across key programmes.
Key Responsibilities
- Partner with project managers to provide financial insights, ensuring accurate tracking of project progress and performance.
- Monitor project expenditure against budgets and report variances in a timely manner.
- Oversee revenue recognition and assess overall project profitability.
- Conduct cost analysis on direct and project-related costs to identify savings and efficiency opportunities.
- Perform margin analysis for engineering and manufacturing projects.
- Prepare and compute cost rate decks.
- Support bid activity and provide financial input for commercial reviews.
- Assist with funding submissions and manage financial reporting for grant programmes.
- Analyse and segment inventory at project level, ensuring accurate valuation.
- Support capitalisation of development costs and assist with R&D tax computations.
- Contribute to the preparation of annual budgets and rolling forecasts.
- Improve financial systems and processes related to project accounting and reporting.
- Ensure compliance with internal financial controls and procedures.
- Provide ad‑hoc support to the finance team, including assistance with audit requirements.
Skills & Experience
- Ideally a qualified accountant, though exceptional finalists will be considered.
- Strong attention to detail with a structured, analytical approach.
- Effective communicator with the ability to work across finance, project and engineering teams.
- Proficient in financial systems, reporting software and analytical tools.
- Highly organised with strong problem‑solving capability.
A competitive and comprehensive benefits package is offered, designed to support wellbeing, financial security and career satisfaction:
Core Benefits
- 25 days annual leave as standard, increasing with length of service
- Employer‑matched pension +2% (total employer contribution available up to 8%)
- Life assurance at 4× salary
- Long‑term incapacity benefit covering 75% of salary
- 1 paid volunteer/charity day per year
- Flexible working options, including hybrid
- Employee Assistance Programme
- Cycle to Work scheme
- Long service awards
- Paid eye tests + contribution towards glasses
Beyond a competitive salary, employees benefit from above‑market pension contributions, enhanced life assurance, and long‑term incapacity benefits - all designed to support long‑term wellbeing and financial stability.
Project Accountant in Newton Aycliffe employer: Central Employment
Contact Detail:
Central Employment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Project Accountant in Newton Aycliffe
✨Tip Number 1
Network like a pro! Reach out to your connections in finance and engineering, and let them know you're on the lookout for a Project Accountant role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your financial insights and project management skills. Be ready to discuss how you've tracked project performance and managed budgets in the past. Show them you can bring value to their team!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Check out our website for openings that excite you, and tailor your approach to each one. We want to help you find the perfect fit!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Mention something specific from your conversation to show your genuine interest in the role and the company.
We think you need these skills to ace Project Accountant in Newton Aycliffe
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Project Accountant role. Highlight your analytical skills and any relevant experience in project finance. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of how you've supported project teams in the past and how you can contribute to our success.
Showcase Your Skills: Don’t forget to mention your proficiency in financial systems and reporting software. We love candidates who are organised and have strong problem-solving skills, so make sure to highlight these in your application!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and get you on board with our expanding finance function!
How to prepare for a job interview at Central Employment
✨Know Your Numbers
As a Project Accountant, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you've tracked project performance in the past. Bring examples of how you've monitored budgets and reported variances.
✨Showcase Your Analytical Skills
This role requires a strong analytical approach. Prepare to discuss specific instances where you've conducted cost analysis or margin analysis. Highlight any tools or software you’ve used to improve financial reporting and decision-making.
✨Communicate Effectively
You'll be working closely with project managers and engineering teams, so effective communication is key. Practice explaining complex financial concepts in simple terms. Be ready to share how you've collaborated across teams to achieve financial goals.
✨Demonstrate Organisational Skills
Being highly organised is crucial for this role. Think of examples where your organisational skills have led to successful project outcomes. Discuss how you manage multiple tasks and ensure compliance with financial controls and procedures.