At a Glance
- Tasks: Support project managers with financial assurance and monitor budgets for impactful projects.
- Company: Join a globally recognised leader in technology and defence, known for innovation.
- Benefits: Career development opportunities, collaborative culture, and the chance to work on significant projects.
- Other info: Work alongside experienced professionals and influence project direction from a financial perspective.
- Why this job: Make a real impact in defence and aerospace while developing your skills in a dynamic environment.
- Qualifications: Strong organisational skills, understanding of budgeting, and current Security Clearance required.
The predicted salary is between 40000 - 50000 £ per year.
Want to join a company that is a recognised innovation and technology leader, tackling highly complex challenges across multiple defence and aerospace domains? Join a business that delivers advanced systems and services to customers worldwide and is widely regarded as a trusted, high-performing organisation within its market!
Important: All applicants must have current Security Clearance.
Working: 3 days onsite.
In this position, you will play a key role within the Project Management Office (PMO), providing financial assurance and supporting Project and Programme Managers in making informed business decisions. Key responsibilities include:
- Reviewing and approving expenses, ensuring accurate and timely client billing, and conducting variance analysis to help prevent cost overruns.
- Supporting forecasting activities and tracking project profitability throughout the lifecycle.
- Working closely with a range of internal stakeholders, including Finance, Commercial teams, and senior leadership.
This role offers excellent opportunities for career development while allowing you to contribute meaningfully to project delivery and overall business success. You'll be joining a collaborative and forward-thinking environment where project finance is central to decision-making. The role offers real ownership, visibility, and the opportunity to influence project direction from a financial perspective, while working alongside experienced professionals across both project and finance disciplines.
Company Highlights:
- Join a globally recognised technology and defence leader, repeatedly awarded for innovation, patents and engineering excellence across aerospace, defence, space and cyber.
- An organisation trusted by governments worldwide, delivering mission-critical systems and recognised with Gold status by the UK Ministry of Defence for its support of the armed forces community.
- Be part of a business consistently ranked among the top innovators in the aerospace and defence sector, combining cutting-edge technology with long term programme stability, including high-profile contracts with government and allied partners worldwide.
- Explore the chance to work on cutting-edge, nationally significant projects with real-world impact, not theoretical R&D.
- A business known for a strong culture of innovation, inclusion and long-term career development, backed by the scale and stability of a global industry leader.
Key responsibilities:
- Monitor budgets and costs on a weekly basis, including labour and expenses, ensuring accurate time recording and variance analysis against forecasts.
- Maintain accurate and up-to-date documentation, including client forecast trackers.
- Support financial reporting, including assisting with quarterly Estimates at Completion (EACs) and validating contract balances.
- Contribute to new business opportunities through financial modelling.
- Oversee monthly invoicing processes, ensuring accurate client billing for project-related costs.
- Submit forecasts to clients in line with agreed deadlines.
Essential Skills & Experience:
- Strong organisational and time management skills.
- Good understanding of budgeting, forecasting, and cost control.
- Ability to thrive in fast-paced environments and manage multiple workstreams and priorities.
- High attention to detail, ensuring accuracy and completeness in reporting.
- Confident communicator, able to engage with stakeholders at all levels.
- Ability to explain financial information clearly to non-finance audiences.
- Proficiency in ERP systems (e.g. SAP) and advanced Excel skills.
- Current Security Clearance.
Desirable Experience:
- Finance qualification desirable but not essential.
Even if you feel like you don't meet every requirement, we encourage you to reach out and apply.
Project Analyst employer: Defence
Join a globally recognised leader in technology and defence, where innovation meets opportunity. As a Project Analyst, you'll thrive in a collaborative environment that prioritises career development and offers the chance to work on impactful projects with real-world significance. With a strong culture of inclusion and support for the armed forces community, this is an excellent employer committed to your professional growth and success.
StudySmarter Expert Advice🤫
We think this is how you could land Project Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. 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 researching the company and its projects. Understand their values and recent achievements, so you can show how you fit into their culture and contribute to their success.
✨Tip Number 3
Practice your financial analysis skills! Since this role involves budgeting and forecasting, brush up on your knowledge of these areas. Be ready to discuss how you've handled similar tasks in the past.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about joining our team.
We think you need these skills to ace Project Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Project Analyst role. Highlight your budgeting, forecasting, and cost control experience, as these are key to what we’re looking for!
Craft a Compelling Cover Letter:Use your cover letter to tell us why you’re excited about this opportunity. Share specific examples of how you've contributed to project finance in the past and how you can bring that expertise to our team.
Showcase Your Communication Skills:Since you'll be engaging with stakeholders at all levels, it’s important to demonstrate your ability to communicate financial information clearly. Use your application to show us how you can make complex info easy to understand.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates during the process!
How to prepare for a job interview at Defence
✨Know Your Numbers
As a Project Analyst, you'll be dealing with budgets and financial data. Brush up on your financial terminology and be ready to discuss how you've managed budgets or conducted variance analysis in the past. This will show that you understand the core responsibilities of the role.
✨Engage with Stakeholders
Since this role involves working closely with various internal teams, think about examples where you've successfully communicated complex information to non-financial stakeholders. Prepare to share these experiences to demonstrate your ability to engage effectively with different audiences.
✨Showcase Your Organisational Skills
The job requires strong organisational and time management skills. Be prepared to discuss how you prioritise tasks and manage multiple workstreams. Consider using the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Familiarise Yourself with ERP Systems
Proficiency in ERP systems like SAP is essential. If you have experience with these systems, be ready to talk about it. If not, do some research on how they work and be prepared to discuss how you would approach learning a new system quickly.
