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Project Accountant

Project Accountant (JN -102024-6557149) Guildford, England

Salary: GBP45000 - GBP55000 per annum

Project Accountant - Guildford 

  • Costing & Bidding
  • Operate as finance lead on bidding activities. This involves reviewing & validating the bid costings that have been prepared by Engineering. Ensure that associated financial criteria are correctly applied (e.g. foreign currency, customer approved rates, profit margins, taxation, provisions & contingencies).
  • Work with Bid manager to determine appropriate milestone payment plans to ensure most favourable cash position.
  • Assist bid managers with RMC pack preparation.
  • Work with Bid team to ensure compliance to the Bid Process
  • Project Control
  • Regular review of project actual costs, commitments and forecasts with the Project team & project managers, in conjunction with the project schedule.
  • Working closely with project managers to ensure financial objectives are met and to play a key role within the project decision making process whilst striving to act as the “CFO” of the project.
  • Regular review of overall financial project health and steer of recovery actions (e.g. cash, debtors, in year financial trading position).
  • Presentation of financial status in relevant management reviews.
  • Regular review of the project risk register ensuring a strong risk management culture and financial link.
  • Work across functions to resolve queries, mitigate issues and ensure project data is of the highest quality.
  • Providing required management accounting project data according to the reporting schedule of the business. Includes sales, profit & cash flow quarterly forecasting.
  • Management of all customer financial reporting requirements & interaction with customer’s financial / reporting tools for both bids and projects.
  • Support to any required internal / external project related audits.
  • Taking an active role in identifying and delivering improvements to processes within finance and the business.
  • Ad-hoc requests from team leader.