At a Glance
- Tasks: Manage project budgets, forecasts, and monthly accounts in the construction sector.
- Company: Join a large global organisation in the industrial/construction industry.
- Benefits: Enjoy hybrid working with 2 days from home and a supportive culture.
- Why this job: Be part of a respected international group and grow your career in finance.
- Qualifications: ACCA, ACA, or CIMA qualified with construction industry experience required.
- Other info: Opportunity for ambitious accountants seeking a challenging role in Mid Kent.
The predicted salary is between 36000 - 60000 £ per year.
Newly created Projects focussed opportunity within the Construction sector.
Hybrid working pattern - x3 days onsite per week.
About Our Client
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.
Job 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.
The Successful Applicant
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.
What’s on Offer
- 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!
Project Accountant - Construction Industry employer: Page Personnel
Contact Detail:
Page Personnel Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Project Accountant - Construction Industry
✨Tip Number 1
Network with professionals in the construction industry. Attend industry events or join relevant online forums to connect with others who may have insights or leads on job openings like the Project Accountant role at StudySmarter.
✨Tip Number 2
Familiarise yourself with the latest trends and regulations in construction accounting, particularly around CIS and IFRS15. This knowledge will not only boost your confidence but also demonstrate your commitment to staying updated in your field.
✨Tip Number 3
Prepare to discuss your previous project accounting experiences in detail. Be ready to share specific examples of how you've managed budgets, forecasting, and financial performance in past roles, as this will be crucial during interviews.
✨Tip Number 4
Showcase your Excel skills by being prepared to discuss financial modelling techniques. You might even want to bring along a sample model you've created to demonstrate your proficiency during the interview process.
We think you need these skills to ace Project Accountant - Construction Industry
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 skills in budgeting, forecasting, and financial modelling.
Craft a Compelling Cover Letter: Write a cover letter that clearly outlines your qualifications and why you are a great fit for the Project Accountant role. Mention your formal qualifications (ACCA, ACA, CIMA) and any specific projects where you've successfully managed budgets or improved financial performance.
Showcase Your Skills: In your application, emphasise your strong interpersonal and communication skills. Provide examples of how you've collaborated with stakeholders in previous roles, as this is crucial for the position.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail, which is essential for a Project Accountant.
How to prepare for a job interview at Page Personnel
✨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 those involving CIS and reverse VAT, as this will demonstrate your relevant expertise.
✨Understand IFRS15 Inside Out
Since knowledge of IFRS15 is crucial for this role, brush up on its principles and how they apply to project accounting. Be ready to explain how you have applied these standards in past roles, especially regarding revenue recognition on a percentage of completion basis.
✨Prepare Financial Models
As financial modelling is a key part of the job, come prepared with examples of models you've created or worked with. Discuss how these models helped track performance and identify challenges, showcasing your analytical skills.
✨Demonstrate Strong Communication Skills
Given the collaborative nature of the role, emphasise your interpersonal and communication skills. Prepare examples of how you've effectively worked with stakeholders in the past, particularly in financial data and pricing initiatives.