Project Accountant

  • Location:
  • Salary:
    £35,000
  • Job type:
    Permanent
  • Posted:
    1 month ago
  • Category:
    Accountancy
  • Job Reference:
    55344

FRS are excited to be recruiting an excellent Project Accountant vacancy for a good client of ours based in Alcester.

The business, are a well established and ever growing manufacturing business and pride themselves on their global footprint, and they are a true market leader in their sector.

Reporting into the Managing Director and working directly alongside a Financial Accountant, you will be responsible for taking control of the project finance function and working alongside senior staff members.

Alongside a competitive salary, my client is prepared to offer study support and fantastic career opportunities with long term prospects.

Role Overview:

– Control the project cashflows by understanding the project commitments and future resource requirements, and approving commitment of these resources
– Conduct reviews and evaluations for cost-reduction and margin-improvement opportunities
– Provide input into project costing and pricing for the purposes of tendering and contract negotiation
– Maintain in-depth relations with members of the project management team
– Mentor and support internal customers

Management Accounting and Financial Reporting

– Preparation and presentation of Project cashflows, Project Performance Reports and Revenue Recognition
– Management of the company budgeting process
– Analysis of Work-In-Progress and reporting of revenue recognition
– General ledger adjustments for projects, such as project accruals
– Management of debtor ledgers
– Support the project managers with the cost trackers

Cashflow and Treasury

– Gain an in depth understanding of the on-going projects in order to plan cash flow accordingly
– Manage, produce and monitor project cashflow forecasts
– Liaise with overseas funding partners and company bankers as required

Export Finance

– Understand export letters of credit and manage presentations to be made under letters of credit
– Manage advance payment guarantees, performance bonds and warranty guarantees
– Gain a thorough understanding of the company pre and post shipment finance arrangements and their variations
– Manage export documentation

Systems / Processes

– Maintain data integrity in the accounting software / data
– Gain a thorough understanding of the company database, SMS
– Follow company processes and procedures and contribute to the continuous improvement of the same
– Follow the company quality procedures

Process Improvement

– Develop financial controls to ensure compliance and to improve the quality and timeliness of information
– Take an active interest in the development and progress of all enquiries, sales and projects, in order to provide effective commercial support to the business

Disclaimer - FRS strives to be an equal opportunities employer and is committed to treating all applicants alike. FRS does not treat any individual on grounds of sex, age, colour, marital status, race, nationality or ethnic or national origin, religion, sexual orientation, disability or membership or non-membership of a trade union, less favourably than others. All vacancies advertised are open to all ages.