At a Glance
- Tasks: Manage project finances, oversee budgeting, and ensure compliance with UK tax regulations.
- Company: Join a leading firm committed to diversity and innovation in finance.
- Benefits: Competitive salary, flexible work options, and opportunities for professional growth.
- Other info: Dynamic team environment with a focus on collaboration and career development.
- Why this job: Be a key player in financial processes that drive impactful projects.
- Qualifications: Qualified accountant with strong analytical and communication skills.
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 Suffolk 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.
