At a Glance
- Tasks: Manage project finances, budgeting, and R&D tax credit claims while collaborating with key stakeholders.
- Company: Join Willis Re, a leader in innovative financial solutions with a commitment to diversity.
- Benefits: Competitive salary, flexible work environment, and opportunities for professional growth.
- Other info: Dynamic role with a focus on collaboration and continuous improvement.
- Why this job: Be a vital part of financial processes that drive impactful projects and innovation.
- Qualifications: Qualified accountant with strong technical knowledge and project accounting experience.
The predicted salary is between 55000 - 65000 £ per year.
About the Role
The Project Accountant is responsible for establishing robust project finance processes across Willis Re’s project portfolio, acting as a key business partner to the Chief of Staff and the Group CIO, and incorporating technical accounting responsibilities for cost capitalization and UK R&D tax credit claims to ensure compliance with HMRC requirements. The role will oversee the design and implementation of the Workday Financials project module in conjunction with delivery partners, delivering tools and processes to ensure accurate financial management and oversight of projects, including budgeting, forecasting, cost control, and reporting.
Key Responsibilities
- Process owner for project management financial control and reporting – including budgeting, forecasting, and capitalisation.
- Design and business implementation of the Workday Project module.
- Delivery of training, user guides, and business acceptance of project financial processes.
- Establish the framework for determining requirements, capturing data, and supporting the claim process for R&D tax credits in the UK.
- Collaborate with tax support to optimise tax efficiency of projects, including assessment of global resource deployment, contracting, and tax credit maximisation.
Skills & Experience
- Qualified accountant (ACA, ACCA, or CIMA).
- Strong technical accounting knowledge.
- Project accounting or business partnering experience.
- Experience of system implementation, especially project management systems.
- Advanced Excel skills.
- Monthly reporting and performance analysis.
- Technical accounting support (IAS 38, IFRS 15, FRS 102).
- Preparation and optimisation of UK R&D tax credit claims (SME/ RDEC).
- Budgeting, forecasting, and financial modelling.
- Maintain strong internal controls.
- Stakeholder engagement and business partnering.
Key Competencies
- Analytical mindset.
- Attention to detail.
- Strong communication skills.
- Commercial awareness.
Performance Measures
- Full adoption of project finance processes across the portfolio.
- Forecast accuracy.
- Successful R&D claims.
- Stakeholder satisfaction – including the TMO/PMO team.
Equal Opportunity and EEO Statement
Willis Re is committed to embracing a diverse, inclusive, and flexible work environment, providing equal opportunity to all qualified individuals regardless of race, colour, religion, age, gender, gender expression, national origin, veteran status, disability, orientation, or any other legally protected categories.
Project Accountant in Ipswich employer: Willis Re
Willis Re is an exceptional employer that fosters a collaborative and inclusive work culture, making it an ideal place for Project Accountants to thrive. With a strong commitment to employee development, you will have access to training and growth opportunities while working on innovative projects that enhance your skills in financial management and compliance. Located in a vibrant area, the company offers a supportive environment where your contributions are valued, ensuring a rewarding career path.
StudySmarter Expert Advice🤫
We think this is how you could land Project Accountant in Ipswich
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Willis Re. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Project Accountant in Ipswich
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.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Willis Re.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Willis Re's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Willis Re
✨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 Willis Re.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Willis Re will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Willis Re 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.
