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- Tasks: Join our finance team to manage telecom project finances and ensure accurate reporting.
- Company: We're an ethical engineering group, trusted by top UK mobile network operators.
- Benefits: Gain hands-on experience in a dynamic environment with opportunities for growth.
- Why this job: Exciting chance to work in the fast-paced telecoms industry and make a real impact.
- Qualifications: Qualified or working towards a professional qualification in accounting; project accounting experience is a plus.
- Other info: Collaborate with diverse teams and enhance your financial skills in a supportive atmosphere.
The predicted salary is between 36000 - 60000 £ per year.
Our client is an ethical and forward-thinking engineering group. They have a proven track record to tackle bespoke engineering projects of any size in any sector from telecommunications, outdoor media, structural and architectural, floodlighting & gantries and defence and radar solutions. With their Head office based in Braintree, Essex, and a headcount of 120 employees, they are a trusted partner to the UK’s leading mobile network operators.
They are seeking a Telecoms Project Accountant to join their dynamic finance team. This is an exciting opportunity for an enthusiastic finance professional to gain hands-on experience in project accounting within the fast-paced telecoms industry.
Key Responsibilities:- Project Financial Management:
- Assist in the financial management of telecom projects, ensuring accurate accounting and timely reporting.
- Support in preparing project budgets, forecasts, and cost tracking for multiple telecoms projects.
- Monitor project expenditures against budgets and highlight variances to the Operations team.
- Cost Control and Analysis:
- Track project-related expenses, ensuring they align with approved budgets and contractual agreements.
- Assist in the analysis of cost trends and provide insight into cost overruns, savings, or risks.
- Work with project managers to ensure costs are properly allocated and managed throughout the project lifecycle.
- Revenue Recognition:
- Assist in the calculation and recognition of project revenue in accordance with applicable accounting standards.
- Ensure project billing is completed on time, and revenue is correctly recorded based on project milestones and customer contracts.
- Project Accounting Support:
- Assist in maintaining accurate project accounting records, including the posting of project-related invoices, costs, and revenues.
- Support month-end and year-end closing activities, including project reporting, reconciliations, and accruals.
- Support in preparing project financial statements and internal financial reports for senior management.
- Financial Reporting:
- Prepare periodic project reports including budget vs. actual, profit and loss, cash flow projections, and project performance KPIs.
- Support the preparation of financial data for internal and external audits related to telecoms projects.
- Conduct regular audits to ensure data accuracy and mitigate financial risks.
- Manage internal reporting tasks to all stakeholders - management, investors, and external bodies.
- Collaboration and Communication:
- Liaise with project managers, engineers, and external stakeholders to provide financial insights and updates on project status.
- Support communication between the finance team and operational teams to ensure alignment on project financial objectives.
- Assist in resolving any project-related finance issues, including queries from project teams and suppliers.
- Qualified or working towards a professional qualification.
- Knowledge of accounting principles, revenue recognition and cost management.
- Proficiency in accounting software.
- Previous experience in accounting/finance, with project accounting being an advantage.
Telecoms Project Accountant employer: Taylor Hawkes Ltd
Contact Detail:
Taylor Hawkes Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Telecoms Project Accountant
✨Tip Number 1
Familiarise yourself with the telecoms industry and its specific financial practices. Understanding the nuances of project accounting in this sector will give you an edge during interviews and discussions.
✨Tip Number 2
Network with professionals already working in telecoms finance. Attend industry events or join relevant online forums to connect with others who can provide insights and potentially refer you to opportunities.
✨Tip Number 3
Brush up on your knowledge of accounting software commonly used in project accounting. Being proficient in these tools can set you apart from other candidates and demonstrate your readiness for the role.
✨Tip Number 4
Prepare to discuss real-world examples of how you've managed project budgets or analysed costs in previous roles. This practical experience will showcase your ability to handle the responsibilities outlined in the job description.
We think you need these skills to ace Telecoms Project Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in project accounting and finance. Emphasise any previous roles where you managed budgets, tracked expenses, or worked with project teams, especially in the telecoms sector.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention specific projects or experiences that align with the responsibilities listed in the job description, such as financial management or cost control.
Highlight Relevant Skills: In your application, clearly outline your knowledge of accounting principles, revenue recognition, and cost management. If you have experience with accounting software, be sure to mention it as well.
Showcase Communication Abilities: Since the role involves collaboration with various stakeholders, include examples of how you've effectively communicated financial insights or resolved finance-related issues in past positions. This will demonstrate your ability to work within a team.
How to prepare for a job interview at Taylor Hawkes Ltd
✨Understand the Telecoms Industry
Familiarise yourself with the telecoms sector, including current trends and challenges. This knowledge will help you demonstrate your enthusiasm for the role and show that you are proactive in understanding the industry.
✨Showcase Your Project Accounting Skills
Be prepared to discuss your experience with project accounting specifically. Highlight any relevant projects you've worked on, focusing on your role in financial management, budgeting, and cost control.
✨Prepare for Technical Questions
Expect questions related to accounting principles, revenue recognition, and cost management. Brush up on these topics and be ready to explain how you have applied them in previous roles.
✨Demonstrate Strong Communication Skills
Since collaboration is key in this role, be ready to provide examples of how you've effectively communicated with project managers and other stakeholders. Emphasise your ability to convey financial insights clearly and concisely.
