Project Accountant

The Project Accountant will ensure there is accurate and timely reporting of long-term projects and services - actual and forecast financial performance, both from a project performance and Financial Accounting perspective in accordance with IFRS15 and other applicable accounting standards. This includes robust challenge of costs to drive continuous cost improvement throughout the project life cycle. They will implement Cost Management best practices and apply this consistently across all projects to proactively identify cost variances and risk areas and mitigations to project managers, to assist delivery of project highlighting performance improvements.

• Providing project monthly revenue and profit margin information including intercompany information for actuals, forecasts and annual budget process in accordance with IFRS15 accounting standard.
• Prepare and document Accounting based papers to support the accounting treatment for the project covering appropriate accounting standards and to update as required.
• Conduct cost variance analysis and sensitivity analysis and identify opportunities, risks and mitigations where available to the Project Manager.
• Ensure costs are correctly allocated to cost accounts/work orders, review correct coding of requisitions, purchase orders, contracts, invoices, variations, reconciling costs to the General Ledger and investigating variances.
• Facilitate and participate in lessons learnt sessions on project delivery and feedback to the responsible functions to ensure these are captured and acted upon to improve future project delivery.
• Manage multi-currency project reporting and FX exposure.
• Manage intercompany recharges, cost allocations, and project-related billing.

You will have a strong focus on uplifting the quality and standard of output of the finance team along with driving deeper financial insight with active business partnering. Focussed on delivering results, you will be objective orientated with a detailed mindset. An effective problem solver with excellent people management skills. Collaborating effectively with team members, senior management teams, executives and third parties such as Auditors. Give clarity in conveying complex financial information in a clear and understandable manner. You will have excellent analytical review skills and the ability to prioritise tasks and manage time.

Key skills, knowledge and experience:

• ICAS/ACCA/CIMA qualification.
• Proven track record in a similar role (e.g. Project Management Accountant, Cost controller etc.) and industry (e.g. Oil).