At a Glance
- Tasks: Manage project finances, ensuring compliance and providing insights on profitability.
- Company: Dynamic design consultancy with a focus on innovative projects.
- Benefits: Hybrid working, competitive pay, and opportunities for professional growth.
- Other info: Fast-paced environment with a chance to influence financial processes.
- Why this job: Join a creative team and make a real impact on exciting projects.
- Qualifications: 5+ years in project accounting, strong Excel skills, and excellent communication.
The predicted salary is between 45000 - 55000 £ per year.
Design Consultancy seeks a Project Accountant to join the business on a contract basis. The Project Accountant would support the business in the financial management of their projects. Reporting into the Senior Financial Controller, the Project Accountant would have a thorough understanding of project-based businesses, focusing on revenue recognition, cost to complete and the calculation of direct margins.
Duties of the Project Accountant include:
- Oversee the financial aspects of all projects, including time bookings and third-party costs, ensuring compliance with financial regulations, most specifically revenue recognition.
- Review all timesheets booked in the project management system to ensure that time is being properly captured.
- Prepare and present financial reports to project managers and other stakeholders, providing insight into project profitability and financial performance.
- Provide management with a clear view of the strengths and weaknesses of their ongoing projects.
- Ensure all project-related financial operations adhere to relevant accounting standards and regulations.
- Manage the monthly WIP report to ensure that revenue is accurately recognised.
- Liaise closely with the billing team to ensure that all sales invoices are issued in a timely fashion and that the WIP report is updated accordingly.
- Provide ad-hoc management accounting support to the Financial Controller as and when required, including reconciliations, variance analysis, reporting, forecasting, etc.
It will be a given that you have exemplary communication skills and be used to working with varied and senior stakeholders as well as demonstrating an ability to push back when required. Previous exposure to working in a professional services/project-based environment is essential.
Requirements for the Project Accountant include:
- Thorough understanding of project accounting, specifically with regards to cost-to-complete methodology, utilisation & margin analysis.
- Highly proficient in Excel.
- Strong written and verbal communications skills.
- Able to work independently and proactively in an efficient manner.
- Recommend and implement changes to processes where appropriate.
- Accuracy and attention to detail.
- Organised and structured approach.
- Ability to liaise effectively with all levels of management and staff.
- Preferred - part-qualified accountant (ACA, ACCA, CIMA).
- At least 5 years' experience working as a project accountant in a professional services business.
This is an urgent role; therefore, candidates need to be available asap to commence the assignment.
Hybrid Working
Project Accountant in London employer: Kennedy Pearce Consulting
Join a dynamic design consultancy that values innovation and collaboration, offering a supportive work culture where your contributions as a Project Accountant will directly impact project success. With a focus on employee growth, you will have access to professional development opportunities and the chance to work closely with senior stakeholders in a hybrid working environment, ensuring a balanced approach to work and life. This role not only provides competitive remuneration but also fosters an atmosphere of continuous improvement and excellence in project financial management.
StudySmarter Expert Advice🤫
We think this is how you could land Project Accountant in London
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Kennedy Pearce Consulting.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Kennedy Pearce Consulting might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Project Accountant in London
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Kennedy Pearce Consulting will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Kennedy Pearce Consulting. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Kennedy Pearce Consulting confidence in your short-term commitment to the role.
How to prepare for a job interview at Kennedy Pearce Consulting
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Kennedy Pearce Consulting.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Kennedy Pearce Consulting that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
