Project Accountant in Snodland

Project Accountant in Snodland

Snodland Full-Time 50000 £ / year No working from home possible
South East Water

At a Glance

  • Tasks: Support project teams by managing costs and providing financial insights for major projects.
  • Company: Join South East Water, a diverse and inclusive organisation dedicated to community service.
  • Benefits: Enjoy 5 weeks holiday, flexible leave, health cash plan, and a generous pension scheme.
  • Other info: This is a one-year fixed term contract with excellent career progression opportunities.
  • Why this job: Make a real impact in financial management while growing your career in a supportive environment.
  • Qualifications: Bachelor's degree in Accounting & Finance or equivalent experience required.

Reporting to the Financial Performance Manager, you will be responsible for acting as a supporting project accountant to senior programme and delivery manager teams. In this 1 year fixed term contract role, you will be accountable for helping to manage and track the costs of major projects and/or enhancement schemes. You will collaborate with and support senior managers and the project teams to deliver operational and financial efficiencies through monitoring expenditure, conducting variance analysis, and providing solutions to optimise financial management. This ensures you can help the programmes of work manage their costs effectively whilst improving efficiency in a complex and evolving industry.

Main responsibilities:

  • Support financial planning, budgeting and forecasting processes to align with corporate targets, internal controls and compliance with all regulatory standards.
  • Provide financial analysis with insightful commentary to influence key business decisions, enhance operational efficiency and optimise financial performance across the business.
  • Track and analyse financial key performance indicators (KPIs) and metrics, supporting insights that drive accountability and continuous improvement.
  • Support value creation by providing financial and commercial support during contract negotiations and the execution of commercial deliverables.
  • Help develop full project financial lifecycle plans and providing synergy solutions between initiatives.
  • Help support the costing and valuing of SoWs and raising subsequent Purchase Orders in collaboration with project managers, procurement, and external suppliers to effectively manage costs.
  • Support key business transformation initiatives, including digital and automation projects, to enhance reporting capabilities and operational financial efficiency.
  • Act as a trusted financial advisor to senior management and cross-functional teams, translating complex financial data into manageable financial actions.
  • Ensure the integrity of financial data and systems by maintaining a robust internal controls framework, and ensure strict compliance with all regulatory and accounting standards.
  • Help maintain meticulous records, managing the invoice query process and ensuring accurate cost coding.
  • Proactively collaborate with internal and external auditors to manage and mitigate financial risks, ensuring transparency and accuracy in all financial reporting.
  • Advise and educate the finance team and wider business, fostering a culture of innovation, continuous improvement and professional growth.
  • Supporting the finance team in adapting processes with new tools & technology to optimise and drive productive ways of working.
  • Elevate the organisation's financial acumen by helping to design and deliver targeted training programs.

You will need:

  • Bachelor's degree in Accounting & Finance, Part-Qualified Accountant (CIMA, ACCA, ACA) or Qualified by Experience.
  • Good understanding and knowledge of IAS 16 & IAS 38 pertaining to the recognition, measurement and disclosure of assets in financial statements.
  • The ability to review financial data, conduct in-depth variance analysis and leverage expertise in tools like Workday Finance with advanced Excel (and Google Sheets) to translate and present large datasets into clear actionable business insights for senior project & programme managers.
  • Good verbal and written communication skills to present financial information with authority and confidence, enabling you to clearly and simply convey key variance commentary that is transparent for senior leaders.
  • The ability to ensure budget compliance via strong reporting and analytical skills.
  • Tracking actual costs against forecasts whilst providing potential solutions for savings and identifying any potential overspends.
  • The ability to monitor and control costs and to anticipate future challenges and opportunities and develop a proactive, solutions-oriented mindset to solve complex problems and navigate ambiguity whilst ensuring that your client group is kept informed, involved and supported in their projects.
  • An ability to build strong relationships, influence key stakeholders and negotiate effectively without direct authority, acting as a trusted project advisor to the programme management office.
  • The ability to support the delivery of projects, including finance transformation, finance process improvement initiatives and system implementations, by helping to support and drive the change.
  • Support major project initiatives and/or enhancement schemes, helping to track and follow up on cost saving initiatives.
  • An understanding of Lean and Six Sigma methodologies to help identify and implement process improvements that drive financial efficiency.
  • Experience in a junior cost controller role, driving key business decisions and influencing the optimisation of financial performance.
  • An ability to support end-to-end financial planning cycles, including annual budgeting and rolling month forecasts with variance analysis.
  • Experience in supporting projects to improve efficiency and reduce costs, including multiple process improvement initiatives.
  • An ability to ensure compliance with procurement processes and helping to manage vendor invoices within tolerance levels.
  • An ability to collaborate and synergize within the department whilst supporting a high-performance culture across the programmes.

Grow a career with a meaningful purpose. We know the communities we serve are diverse. We recognise creativity comes from diversity not similarity. That's why we are enthusiastic about creating inclusion across age, race, gender, ethnicity, religion and identity. You will experience our dedication to equal opportunities and fair treatment for all: through your recruitment, employment and career progression with South East Water.

Benefits package:

  • Excellent Stakeholder pension scheme, up to 10% employer contribution.
  • 5 weeks holiday plus bank holidays per annum, increasing to 6 weeks with length of service.
  • Flexible annual leave policy to buy or sell holiday leave.
  • Paid volunteering days.
  • Cycle to work scheme.
  • Health cash plan.
  • Life assurance.
  • Wellbeing related benefits.

Compensation package: £45,000 - £55,000 p.a. (dependent on experience)

Project Accountant in Snodland employer: South East Water

At South East Water, we pride ourselves on being an excellent employer that fosters a culture of inclusion and professional growth. Our Project Accountant role offers a unique opportunity to contribute to meaningful projects while enjoying a comprehensive benefits package, including a generous pension scheme, flexible leave options, and a commitment to employee wellbeing. Join us in a dynamic environment where your financial expertise will drive operational efficiencies and support our mission to serve diverse communities effectively.

South East Water

Contact Details:

South East Water Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Project Accountant in Snodland

Tip Number 1

Network like a pro! Reach out to your connections in the finance and project management sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!

Tip Number 2

Prepare for interviews by researching the company and its projects. Understand their financial goals and challenges. This way, you can tailor your answers to show how your skills can help them achieve operational and financial efficiencies.

Tip Number 3

Practice your pitch! Be ready to explain how your experience with variance analysis and cost management can benefit their team. Keep it concise and impactful, so they remember you as a strong candidate.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us.

We think you need these skills to ace Project Accountant in Snodland

Financial Analysis
Variance Analysis
Budgeting
Forecasting
Cost Management
Advanced Excel
Workday Finance

Some tips for your application 🫡

Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Project Accountant role. Highlight your financial analysis capabilities and any relevant project management experience to catch our eye!

Craft a Compelling Cover Letter:Use your cover letter to tell us why you're the perfect fit for this role. Share specific examples of how you've supported financial planning and budgeting in previous positions, and don’t forget to show your enthusiasm for joining our team!

Showcase Your Analytical Skills:Since this role involves a lot of variance analysis and financial tracking, make sure to mention any tools you’ve used, like Excel or Workday Finance. We love seeing how you can turn complex data into actionable insights!

Apply Through Our Website:Don’t forget to submit your application through our careers website! It’s the best way for us to receive your details and ensures you’re considered for the role. We can’t wait to see what you bring to the table!

How to prepare for a job interview at South East Water

Know Your Numbers

As a Project Accountant, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you've used them in past roles. Prepare examples of variance analysis you've conducted and how it influenced business decisions.

Master the Tools

Familiarise yourself with tools like Workday Finance and Excel. Be prepared to talk about how you've leveraged these tools to present large datasets clearly. If you can, bring along a sample report or analysis you've done to showcase your skills.

Communicate with Confidence

Strong verbal and written communication skills are crucial. Practice explaining complex financial concepts in simple terms. You might even want to role-play with a friend to ensure you can convey your insights confidently during the interview.

Show Your Problem-Solving Skills

Be ready to discuss specific challenges you've faced in previous roles and how you approached them. Highlight your proactive mindset and ability to navigate ambiguity, as this will resonate well with the interviewers looking for a trusted advisor.