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- Tasks: Manage financial oversight for construction projects, including budgeting and forecasting.
- Company: Join a large global organisation in the industrial/construction sector.
- Benefits: Enjoy hybrid working with two days from home and a supportive company culture.
- Why this job: Be part of a respected international group and grow your career in finance.
- Qualifications: Must be ACCA, ACA, or CIMA qualified with construction industry experience.
- Other info: Ideal for ambitious accountants seeking a challenging role in Mid Kent.
The predicted salary is between 36000 - 60000 £ per year.
Reporting to the Head of Finance, this is a pivotal role to provide financial oversight on major projects and contracts. The successful candidate will play a critical part in overseeing small to large scale construction projects, overseeing financial reporting, budgeting, forecasting and cash flow optimisation.
Our client is a large global organisation within the industrial/construction industry. They are keen to secure a Project Accountant to join them on a full time and permanent basis. The successful candidate will have previous experience within the Construction industry, knowledge of CIS and reverse VAT and have knowledge in IFRS15.
This will be a hybrid role, with the requirement to come into the office 3 days per week.
Description- Budgeting, forecasting and preparing monthly management accounts for all projects
- Take lead on large project budgets, ensuring revenue recognition is in accordance with IFRS15 on a percentage of completion basis, reviewing risks and updating monthly
- Ownership of cash performance for projects and small works, identifying and implementing opportunities to improve financial performance
- Collaborate with key stakeholders in all financial data and pricing initiatives across projects
- Develop financial models and maintain current models to track performance and identify any challenges to be addressed
- Ensure billing is accurate, providing support to pricing activity and the associated governance process
A successful Project Accountant should have:
- A formal qualification (ACCA, ACA, CIMA fully qualified)
- Previous Construction industry experience, with exposure to CIS and Reverse charges etc
- Long-term contract accounting experience required.
- Proficient in Financial modelling on Excel
- Strong interpersonal, communication and presentation skills.
- Knowledge of IFRS15 and project exposure is desirable
Hybrid working arrangement, allowing you to work from home for two days per week. A dynamic and supportive company culture that encourages professional growth. Being part of a large and respected international group in the industrial/construction industry.
If you are an ambitious, qualified Accountant from a Construction background, now seeking a challenging role in Mid Kent, then please don’t hesitate to apply!
Contact Detail:
Michael Page Finance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Project Accountant - Construction
✨Tip Number 1
Familiarise yourself with the specific financial regulations and standards relevant to the construction industry, such as CIS and IFRS15. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the nuances of the role.
✨Tip Number 2
Network with professionals in the construction finance sector. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities within their organisations.
✨Tip Number 3
Prepare to discuss your previous experiences with budgeting and forecasting in detail. Be ready to share specific examples of how you've successfully managed project finances and improved cash flow in past roles.
✨Tip Number 4
Showcase your Excel skills by being prepared to discuss financial modelling techniques. You might even consider creating a sample model to demonstrate your proficiency during the interview process.
We think you need these skills to ace Project Accountant - Construction
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in the construction industry, particularly your knowledge of CIS, reverse VAT, and IFRS15. Use specific examples to demonstrate your financial oversight skills on projects.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your qualifications align with the job requirements, especially your experience with budgeting, forecasting, and cash flow optimisation in construction projects.
Highlight Financial Modelling Skills: Since the role requires proficiency in financial modelling, be sure to include any relevant experience or projects where you successfully developed or maintained financial models. This will showcase your analytical skills.
Showcase Interpersonal Skills: Given the collaborative nature of the role, emphasise your strong interpersonal and communication skills. Provide examples of how you've effectively worked with stakeholders in previous roles to achieve financial goals.
How to prepare for a job interview at Michael Page Finance
✨Showcase Your Construction Knowledge
Make sure to highlight your previous experience in the construction industry during the interview. Be prepared to discuss specific projects you've worked on, particularly focusing on budgeting, forecasting, and financial reporting.
✨Understand IFRS15 Inside Out
Since knowledge of IFRS15 is crucial for this role, brush up on its principles, especially regarding revenue recognition on a percentage of completion basis. Be ready to explain how you've applied these principles in past roles.
✨Demonstrate Financial Modelling Skills
As proficiency in financial modelling on Excel is essential, consider preparing a brief example of a financial model you've created. This will show your practical skills and understanding of financial performance tracking.
✨Prepare for Stakeholder Collaboration Questions
Expect questions about how you collaborate with key stakeholders. Think of examples where you've successfully communicated financial data or pricing initiatives, as strong interpersonal skills are vital for this position.
