At a Glance
- Tasks: Support cost management and project controls for energy projects, ensuring accurate financial reporting.
- Company: Join Turner & Townsend, a leader in sustainable project delivery.
- Benefits: Flexible working environment, career development opportunities, and a commitment to work-life balance.
- Other info: Diverse and inclusive workplace that values your voice and potential.
- Why this job: Make a real impact in the energy sector while developing your financial skills.
- Qualifications: Interest in cost engineering or project finance; experience with financial data is a plus.
The predicted salary is between 30000 - 40000 £ per year.
Company Description
At Turner & Townsend we’re passionate about making the difference – we are committed to delivering Sustainable Net Zero outcomes for our clients, helping our people to realize their potential, and doing our part to create a prosperous society.
The world is changing, and we have a responsibility to support that change, helping drive it and be part of it.
Through the commitment, capability and care our team brings, we build trust between clients, suppliers, governments, and society.
Delivering better outcomes that have a positive impact on the world around us.
We work smarter to face the challenges of the future; bringing the clarity that helps teams realise their full potential across the real estate, infrastructure, and natural resources sectors.
It’s how we’ve made the difference for 75 years. Transforming performance for a green , inclusive and productive world.
Job Description
MAIN PURPOSE OF ROLE
As a Project Cost Accountant, you will support the delivery of cost management and project controls services, with a particular focus on invoice processing, cost administration, and financial reporting.
Working closely with project teams, commercial teams, and the supply chain, you will help ensure project costs are accurately recorded, validated, and reported.
Your responsibilities may include
- Supporting the implementation and maintenance of cost control systems and processes to track project budgets, commitments, actual costs, and forecasts.
- Processing, validating, and reconciling supplier invoices to ensure accuracy and compliance with project and contractual requirements.
- Assisting with the creation and maintenance of Cost Breakdown Structures (CBS) aligned to project Work Breakdown Structures (WBS).
- Supporting the setup and management of Purchase Orders (POs), Work Orders (WOs), and requisitions to ensure accurate cost capture and reporting.
- Monitoring invoice status, resolving discrepancies with suppliers and internal stakeholders, and ensuring timely payment processing.
- Assisting in the production of accruals and helping to ensure actual costs are accurately reflected within project reporting cycles.
- Maintaining cost records, supporting month-end reporting activities, and contributing to forecast updates.
- Supporting the change control process by providing cost and invoice-related information where required.
- Validating supplier and subcontractor cost data to improve the accuracy of project cost reporting and forecasting.
- Assisting in the preparation of cost reports, expenditure analysis, and financial summaries for project teams and management.
- Supporting compliance with contractual requirements, including NEC and FIDIC principles where applicable.
- Working collaboratively with project controls, planning, commercial, finance, and procurement teams to ensure cost information is accurate and up to date.
- Identifying and escalating cost, invoice, or payment issues that may impact project performance.
- Developing knowledge of cost engineering principles, project controls processes, and industry best practices.
Qualifications
You have an interest in developing a career in Cost Engineering, Project Controls, or Project Finance, with experience or exposure to invoice processing, financial administration, cost control, or project support activities.
You are highly organised, detail-oriented, and comfortable working with financial data in a project environment.
You possess strong communication skills and can build effective working relationships with both internal teams and external suppliers.
You will also
- Be able to obtain BPSS level security clearance.
- Have experience or knowledge of invoice processing, accounts payable, cost administration, or financial controls.
- Possess strong numerical and analytical skills with excellent attention to detail.
- Be proficient in Microsoft Excel and other Microsoft Office applications.
- Have the ability to manage multiple priorities and meet deadlines within a fast-paced project environment.
- Demonstrate effective written and verbal communication skills.
- Have strong stakeholder management and interpersonal skills.
- Be willing to learn project controls processes, including cost control, forecasting, change management, and reporting.
- Understand the importance of data accuracy and financial governance.
- Have experience working within engineering, construction, infrastructure, energy, or project-based environments (desirable).
- Be working towards or interested in membership of a relevant professional body such as the Association for Project Management (APM) or Association of Cost Engineers (ACost E) (desirable).
- Have a desire to develop a career within the nuclear, infrastructure, or energy sectors.
- Additional Information
Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change.
We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work-life balance.
Turner & Townsend is an equal opportunity employer.
We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community.
- Please find out more about us at www. turnerandtownsend. com/
- #LI-MS2
- #LI-Hybrid
SOX control responsibilities may be part of this role, which are to be adhered to where applicable.
Join our social media conversations for more information about Turner & Townsend and our exciting future projects:
- Linked In
It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process.
No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time.
Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property of Turner & Townsend and are not subject to payment of agency fees.
In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team, to submit candidates for review.
SOX control responsibilities may be part of this role, which are to be adhered to where applicable.
Join our social media conversations for more information about Turner & Townsend and our exciting future projects:
- Linked In
It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process.
No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time.
Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property of Turner & Townsend and are not subject to payment of agency fees.
In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team, to submit candidates for review.
StudySmarter Expert Advice🤫
We think this is how you could land Project Cost Accountant - Project Controls - Energy Projects
✨Get Involved with Campus Finance Societies
Join your university's finance or investment society — they're a goldmine for networking, guest lectures, and career fairs. These societies often host employers looking for entry-level talent like you, so get involved and make yourself known!
✨Attend Industry Workshops and Webinars
Look for workshops and webinars focused on banking and financial services. These events not only boost your knowledge but also let you connect with industry professionals who could help you land that entry-level role at places like TURNER & TOWNSEND.
✨Leverage LinkedIn for Informational Interviews
Take advantage of LinkedIn to reach out to professionals working in banking, especially those who've started in entry-level positions. Politely ask for a quick chat about their experience and any advice they might have on breaking into the field.
✨Apply Directly through Company Websites
Don't just rely on job boards. Head directly to TURNER & TOWNSEND's careers page and look for their entry-level openings. They might have opportunities that aren’t advertised widely, so keep checking back for new listings!
We think you need these skills to ace Project Cost Accountant - Project Controls - Energy Projects
Some tips for your application 🫡
Splash Your Skills on Your CV:In the banking and financial services realm, it's all about numbers and analysis. Make sure to highlight any relevant coursework, internships, or projects where you've used skills like financial modelling, data analysis, or risk assessment. Show us you can crunch those numbers!
Educational Achievements Matter:For an entry-level role, your grades and academic accomplishments are key. If you have any certifications, like CFA Level 1 or something similar, don’t forget to include them. We love seeing ambition and commitment to the industry, so flaunt those achievements!
Craft a Personal Touch in Your Cover Letter:Your cover letter is your chance to show us your enthusiasm for banking and finance! Share why you're passionate about the industry and how your studies or previous experiences have prepared you for this role. We want to see that spark and motivation!
Use the Right Format and Language:In banking, clarity is king. Use a clean, professional format for your CV and cover letter. Make sure to avoid jargon, but don’t shy away from technical terms where appropriate – just keep it all clear and easy to read. Let’s see your professionalism shine through!
How to prepare for a job interview at TURNER & TOWNSEND
✨Brush Up on Your Financial Knowledge
Since you're diving into the banking and financial services industry, make sure you're up to speed with current market trends and financial concepts. Be prepared to discuss things like interest rates and investment strategies, as you might get some technical questions that gauge your understanding.
✨Show Off Your Analytical Skills
Analytical skills are key in banking, so be ready to showcase how you've used them in your studies or any relevant projects. Prepare to tackle case studies or hypothetical financial scenarios during the interview that require you to analyse data and make informed decisions.
✨Demonstrate Your Team Spirit
As this is an entry-level role, they’ll likely look for how well you can collaborate and fit into their team. Think of examples from group projects or internships where you successfully worked with others. It'll help show that you're keen to learn and grow in a team-oriented environment.
✨Prepare Thoughtful Questions
Approach your interview with curiosity! Prepare insightful questions that reflect your knowledge of the industry, such as asking about the latest technology being implemented in their services. It shows you're genuinely interested in the company's operations and future.