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Project Accountant

4 months ago

Dartford, United Kingdom Balfour Beatty UK Full time
About the role
Balfour Beatty have an exciting opportunity for a Project Accountant to join our Highways team in London (close to Dartford)
The Project Accountant provide assurance for the project financial management, cost control and reporting in accordance with Group Policies.
please note that you will need to be onsite at least 4 days per week.
What you'll be doing
As Project Accountant, you will be the financial lead on a significant project, and you will have the following accountabilities:
Working closely with Operations & Commercial on a daily basis; responsibilities will include maintaining project controls, supporting forecasting & budgeting, month end duties and regular review and reporting.

Collaborating with the commercial team to help pull together the site application for payment to the client.

Working with the Site Support & Commercial teams to pull together the weekly cost Report.

Function as a financial partner to the relevant leadership teams to ensure all financial issues are robustly and effectively managed and reported.

Timely preparation of accurate monthly Cost and Value reconciliations and other financial reports, complying with all relevant accounting policies and requirements.

Provide constructive challenge and input into project review meetings to ensure that issues are identified, reported, and addressed.

Collaborate closely with the Commercial teams to understand and influence business performance and manage risks. Ensure risk is effectively reported.

Prepare monthly reconciliations, manage the balance sheet, cash flow and credit control routines.

Control WIP model and produce month end WIP/Overmeasure balances.

Be initiative-taking in identifying variances from forecasts and consult with budget holders and commercial managers as appropriate.

Manage Project Bank Account reporting to the Client and internally.

Consult with Balfour Beatty’s accounting services team to ensure all project costs are recorded and accounted for correctly.

Build strong relationships with all key stakeholders, both internal and external.

Ensure reported positions are IFRS, Accounting Standards and Group Policy compliant

Live the Balfour Beatty Values.

Ensure a focus on Zero Harm.

The role will see you contribute significantly to a successful financial and commercial outcome to the project
Who we're looking for
The individual will be a qualified accountant, preferably with contracting or projects background.

An eagerness to learn and develop. They should be able to work in a team and is independent and objective, whilst maintaining effective relationships.

Good diligence, a disciplined and organised approach to work and the ability to manage and work with complex data is required, along with good Microsoft Office skills, particularly Excel. They need to use these skills to ensure that they hit deadlines put in front of them.

Strong communicator, able to elicit information from internal and external stakeholders at all levels.

Strong excel skills and ability to work with large quantities of data.

Ability to build and maintain strong relationships within the finance team and across the business.

Experience in ERPs including Oracle is advantageous.

Understand and implements appropriate controls to processes, procedure and reports.
Why work for us
Day in, day out, our teams deliver amazing projects in challenging conditions; developing, managing, and maintaining the vital infrastructure and public spaces that modern economies, societies, and communities rely on.
About us
The LTC Roads North project is the design, construction, installation, testing and commissioning of roads on the north side of the river Thames linking junction 29 of the M25 and the A13 to the LTC tunnel portal to the west of East Tilbury.
The scope includes new link roads to connect the Project with the M25, A13 and A1089, dual three-lane carriageway from approximately 150m south of the Tilbury Loop line to the A13, three lanes northbound between the A13 and M25 and two lanes southbound between the M25 and A13, the widening of approximately 5km of the M25 to dual four lanes and capacity improvements at M25 junction 29 to accommodate the new traffic flow from the Project, capacity improvements at M25 junction 29, landscape and aftercare, diversion and protection of all assets owned or operated by Others impacted by the works, including utilities, roadside technology