At a Glance
- Tasks: Assist with project accounting tasks and ensure financial compliance.
- Company: Join WATG, a leading global design firm with a focus on community and sustainability.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Dynamic work environment with a commitment to employee ownership and collaboration.
- Why this job: Be part of a creative team that designs impactful spaces worldwide.
- Qualifications: Degree in accounting or finance preferred; strong communication and organisational skills required.
The predicted salary is between 37800 - 46200 £ 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.
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. Prepares mobilization invoices. 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 payment inquiries, and updating the tracking file for Pay-When-Paid (PWP) consultants. Pulls vouchers for weekly PWPs and updates PWP tracking logs. Notifies PWP consultants of their invoice payments. Bi-monthly, updates PWP status report on SharePoint after payments have been paid and posted in the accounting system. Reconciles the month-end PWP tracking versus the PWP disbursed files. Reviews phases in PowerBI to make sure backlog is available for phases being coded to prior posting vouchers in the accounting system. Enters Independent Consultants’ (IC) invoices and maintains logs to identify how to post ICs as labor or expense by project. Enters ICs' timecards when treated as labor. Loads payments in the bank portal for vendors and consultants.
QUALIFICATIONS
- Bachelor’s degree in accounting, finance, or related field preferred.
- Proficient in Microsoft Office (including Word and Excel, Outlook), accounting software, order processing, and databases.
- Some experience with BST or comparable ERP systems preferred.
- Experienced in general ledger, accounts receivable, and accounts payable procedures.
- Able to problem-solve and multitask daily tasks in a highly organized manner.
- Excellent written and verbal communication skills.
- Works effectively in a team environment, showing strong interpersonal skills.
- Must handle sensitive information in a confidential manner.
*Please include a copy of your CV to be considered for this position.
WATG is an Equal Opportunity Employer.
Financial Accountant (Hybrid/Office) employer: WATG
WATG is an exceptional employer that fosters a collaborative and innovative work culture, where creativity thrives in the heart of London. As an employee-owned firm, we prioritise professional growth and mentorship, ensuring our team members are supported in their career journeys while working on impactful hospitality design projects. With a commitment to sustainability and community values, WATG offers a unique opportunity to contribute to designs that enhance both client satisfaction and environmental stewardship.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Accountant (Hybrid/Office)
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We think you need these skills to ace Financial Accountant (Hybrid/Office)
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
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How to prepare for a job interview at WATG
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with WATG.
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Before your interview, reach out to current or former WATG employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.