Project Accountant in London

Project Accountant in London

London Full-Time 40000 - 50000 £ / year (est.) Home office (partial)
WATG Holdings, Inc.

At a Glance

  • Tasks: Manage project accounting tasks, from setup to client billings and reports.
  • Company: WATG, a leading global design firm with a focus on hospitality.
  • Benefits: Employee-owned, remote work options, and a commitment to sustainability.
  • Other info: Dynamic work environment with opportunities for growth and learning.
  • Why this job: Join a creative team making an impact in the hospitality design industry.
  • Qualifications: Experience in project accounting and strong attention to detail.

The predicted salary is between 40000 - 50000 £ per year.

WATG is the world's preeminent destination and hospitality design firm. We are employee‑owned, home to more than 500 professionals globally, located remotely and in our offices in Atlantic City, California, Dallas, New York, Honolulu, London, Singapore, and Shanghai. Our approach to design applies a hospitality ethos to the development of all shapes and sizes. From initial feasibility studies to finishing touches, we operate globally as an integrated, multidisciplinary practice. Along with our interior design studio, Wimberly Interiors, we specialize in hospitality, gaming + entertainment, urban + mixed‑use, and high‑end residential design. We were founded in Honolulu in 1945, and the spirit of the islands taught us to focus on community strength, self‑reliance, and sustainability – which we still prioritize today. We passionately believe that culture and heritage are the roots that lead to long‑term resilience. We stay true to our values of designing spaces that respect, protect, and enhance the natural magic of their surroundings while delivering long‑term value for our clients and their communities.

WATG is hiring a Project Accountant for our office in London.

ROLE

The Project Accountant assists with project accounting tasks, including project setup and maintenance, client billings, collections, accounts payable, and management reports, following WATG's policies and procedures and in compliance with applicable laws.

RESPONSIBILITIES
  • Project Setup and Project Health: Sets up business development projects and phases and live project shells in the accounting system, liaising with Project Accountants to ensure projects are set up properly. Prepares weekly Net Service Revenue (NSR) reports and updates comments provided by Project Managers and Project Architects. Assists Project Accountants with project close‑outs.
  • Contracts: Reviews project contracts for financial details to ensure compliance with business development efforts and live project shells. Maintains contract paperwork and files, invoices, aging accounts receivable, change orders, vendor and subcontractor documents/COI (certificate of insurance), and other specified logs for project tracking.
  • Accounts Receivables: Posts cash receipts and journal entries for projects with WHT (withholding taxes), and updates billing and collection (B&C) allocation files daily. Monitors B&C files daily to make sure posted cash receipts (gross amounts) tie to the ERP system. Researches unidentified wires and checks received to ensure they are posted correctly. Gathers and consolidates expense backups per the details on the reimbursable expense invoices. Prepares weekly collection reports. Prepares Statement of Accounts.
  • Accounts Payables: Performs Accounts Payable (AP) duties, including coding and posting vouchers, coordinating reviews and approvals, researching vendor.

Project Accountant in London employer: WATG Holdings, Inc.

WATG is an exceptional employer that fosters a collaborative and innovative work culture, where employees are empowered to contribute to meaningful projects in the hospitality design sector. With a strong commitment to sustainability and community values, WATG offers ample opportunities for professional growth and development, particularly in its vibrant London office, which serves as a hub for creativity and excellence in design.

WATG Holdings, Inc.

Contact Details:

WATG Holdings, Inc. Recruitment Team

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

Project Accounting
Financial Compliance
Client Billing
Accounts Payable
Accounts Receivable
ERP Systems
Contract Review