Project Accountant - UK GAAP Changes in Birmingham
Project Accountant - UK GAAP Changes

Project Accountant - UK GAAP Changes in Birmingham

Birmingham Full-Time 68000 - 85000 ÂŁ / year (est.) No home office possible
SCC

At a Glance

  • Tasks: Lead accounting changes and support finance during a significant transition period.
  • Company: Join SCC, Europe's largest privately-owned IT company with a focus on innovation.
  • Benefits: Enjoy a competitive salary, flexible benefits, and paid volunteering days.
  • Why this job: Make a real impact by implementing crucial accounting standards and processes.
  • Qualifications: Qualified accountant with experience in accounting change projects.
  • Other info: Hybrid working model and excellent career development opportunities.

The predicted salary is between 68000 - 85000 ÂŁ per year.

We are actively building diverse teams and welcome applications from everyone.

Location: Birmingham (SCC operate hybrid working, which comprises of a mix of office and home working)

Contract Type: 6 month FTC with a potential to extend

Salary Package: ÂŁ80,000- ÂŁ100,000, plus large company benefits, a broad flexible benefits scheme, and 2 paid-for volunteering days a year

Hours: 9.00 am – 5.30 pm Monday – Friday

Interview Process: 2-stage process

Why SCC?

  • An inclusive workplace
  • Excellent package: solid basic and company benefits
  • Hybrid working & core hours in line with role requirements
  • Career development and life‑long learning opportunities
  • Opportunity to join Europe's largest privately‑owned IT Company

Role purpose: We are seeking an experienced Project Accountant to support the finance function through a significant period of change. The role will focus primarily on the implementation of FRED 82 leases and revenue recognition under UK GAAP, ensuring accounting policy changes are successfully delivered, systems and processes are updated, and stakeholders are supported throughout the transition.

Key responsibilities:

  • FRS 102 Transition – Revenue Recognition
    • Lead the assessment of the impact of revised FRS 102 revenue recognition requirements on existing contracts and income streams.
    • Review current revenue recognition policies and identify differences under the amended standard.
    • Perform contract reviews and revenue stream mapping to assess timing and measurement impacts.
    • Design and document revised accounting policies aligned with FRS 102 transitional guidance.
    • Lead the quantification of transition adjustments, including comparative restatements where required.
    • Design and implement the implementation of revised processes and controls for ongoing revenue recognition.
    • Prepare high‑quality accounting papers documenting transition decisions, judgements, and estimates.
    • Liaise with internal stakeholders (Finance, Legal, Operations, Procurement) to gather inputs and explain accounting impacts.
  • FRS 102 Transition – Lease Accounting
    • Assess the impact of revised lease accounting requirements under FRS 102, including identification and classification of lease arrangements.
    • Review existing lease registers and completeness of lease data.
    • Calculate right‑of‑use assets and lease liabilities where applicable, including transition entries.
    • Prepare transition journals and accounting papers in line with the chosen transition approach.
    • Support the development of a robust lease accounting framework for ongoing compliance.
    • Support the implementation of revised processes and controls for ongoing lease accounting.
    • Liaise with internal stakeholders (Finance, Legal, Operations, Procurement) to gather inputs and explain accounting impacts.
  • Systems, Processes & Controls
    • Support changes to finance systems and reporting tools to accommodate revised accounting treatments.
    • Review and enhance internal controls impacted by revenue or lease changes.
    • Assist in updating process documentation and month‑end procedures.
  • Knowledge Transfer & Training
    • Support training and knowledge transfer to finance colleagues on new FRS 102 requirements.
    • Develop practical guidance materials where appropriate.
    • Ensure new processes are appropriately documented and embedded into BAU.

Skills and experience:

  • Qualifications: Qualified accountant (ACA / ACCA / CIMA or equivalent)
  • Project Experience: Proven experience delivering accounting change or transition projects
  • Practical Application: Ability to interpret accounting standards and apply them to real‑world commercial arrangements
  • Technical Knowledge: Strong technical accounting knowledge of FRS 102, particularly revenue recognition and lease accounting. Strong understanding of external audit requirements
  • Proactive: Proactive and self‑motivated with the ability to work independently and manage multiple project workstreams
  • Change management: Expert in driving and managing change, including strong stakeholder management and influencing skills
  • Communication: Excellent written and verbal communication skills, with the ability to explain technical matters clearly to senior stakeholders and non‑specialists, collaborating effectively across departments.
  • Solutions‑focused: Strong analytical and problem‑solving abilities with a solution focused mindset
  • Technology Skills: Advanced Excel skills and experience with accounting systems; experience with automation or process improvement initiatives is desirable

SCC is Europe’s largest privately‑owned IT business, based out of the new £7m HQ office in Birmingham and we help clients succeed through IT transformation and exceptional customer experiences. We are a business where innovation is greater as we combine unique ideas, people and disciplines. We are a global company that is passionate about IT and where we look to simplify the complex.

SCC is committed to providing equal opportunities and a proactive and inclusive approach to equality and diversity in employment. No applicant or employee will be treated less favourably than another on the grounds of a protected characteristic which are defined as sex, sexual orientation, age, disability, gender reassignment, trade union membership or non‑membership, marriage and civil partnership, pregnancy and maternity, race and religion or belief. If you are selected for interview, and need any reasonable adjustments made for your interview, please let the SCC Talent Acquisition team know, at the point of scheduling.

Project Accountant - UK GAAP Changes in Birmingham employer: SCC

SCC is an exceptional employer, offering a dynamic work environment in Birmingham with a strong focus on inclusivity and employee development. With a competitive salary package, hybrid working options, and a commitment to lifelong learning, employees are empowered to thrive while contributing to Europe's largest privately-owned IT company. The culture fosters innovation and collaboration, making it an ideal place for professionals seeking meaningful and rewarding careers.
SCC

Contact Detail:

SCC Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Project Accountant - UK GAAP Changes in Birmingham

✨Tip Number 1

Network like a pro! Reach out to your connections on LinkedIn or attend industry events. 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 those interviews! Research the company and the role thoroughly. Be ready to discuss how your experience aligns with their needs, especially around UK GAAP changes and project accounting.

✨Tip Number 3

Practice makes perfect! Do mock interviews with friends or use online resources. This will help you articulate your thoughts clearly and confidently when it’s your turn in the hot seat.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search!

We think you need these skills to ace Project Accountant - UK GAAP Changes in Birmingham

Qualified Accountant (ACA / ACCA / CIMA or equivalent)
FRS 102 Knowledge
Revenue Recognition
Lease Accounting
Change Management
Stakeholder Management
Analytical Skills
Problem-Solving Skills
Communication Skills
Advanced Excel Skills
Accounting Systems Experience
Process Improvement Initiatives
Documentation Skills
Training and Knowledge Transfer

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Project Accountant role. Highlight your experience with UK GAAP, FRS 102, and any relevant project work you've done. We want to see how your skills match what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences that relate to the responsibilities listed in the job description, especially around revenue recognition and lease accounting.

Showcase Your Communication Skills: Since this role involves liaising with various stakeholders, make sure to demonstrate your excellent written communication skills. Use clear and concise language in your application to show us you can explain complex topics simply.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you get all the updates directly from us. Plus, it’s super easy!

How to prepare for a job interview at SCC

✨Know Your Accounting Standards

Make sure you brush up on FRS 102, especially the changes related to revenue recognition and lease accounting. Being able to discuss these standards confidently will show that you're not just familiar with the theory but can apply it practically.

✨Prepare for Stakeholder Engagement

Since the role involves liaising with various internal stakeholders, think about how you would communicate complex accounting impacts clearly. Prepare examples of how you've successfully managed stakeholder relationships in the past.

✨Showcase Your Change Management Skills

This position is all about driving change, so be ready to share specific instances where you've led or contributed to accounting change projects. Highlight your proactive approach and how you navigated challenges during transitions.

✨Demonstrate Problem-Solving Abilities

Expect questions that assess your analytical skills. Prepare to discuss how you've tackled complex accounting issues in the past, focusing on your solutions-focused mindset and any innovative approaches you've taken.

Project Accountant - UK GAAP Changes in Birmingham
SCC
Location: Birmingham

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>