Project Accountant

7 days ago


Hatfield, United Kingdom Ocado Group Full time

** Ocado Group is an equal opportunities employer and as such makes every effort to ensure that all potential employees are treated fairly and equally, regardless of their sex, sexual orientation, marital status, race, colour, nationality, ethnic or national origin, religion, age, disability or union membership status.**

This exciting position as a ** Project Accountant ** presents the opportunity and challenge of working in both a dynamic and exciting environment within the UK's largest dedicated online grocery retailer and technology business. Ocado is now truly a technology led global software and robotics platform providing a unique end-to-end solution for online grocery partners on a global scale.

**What will you be doing?**

Reporting to the Senior Project Accountant within the Projects Finance team, this role is responsible for accurate and timely accounting and capitalisation of projects aligned to policy. Key responsibilities include ownership of project staff capital investments, Period close deadlines (timeliness), Project Labour reconciliation & substantiation (accuracy), Reporting to commercial teams (accuracy) and Control breaches (control)
- Completing a timely period close for projects ensuring accurate reporting and reconciliations including adherence to transfer pricing requirements and review of intercompany asset transfers
- Fostering good working relationships with the Commercial Finance teams ( Finance Business Partners) and operating business (Project Managers)
- Ensuring (and supporting) compliance with group accounting policy & practice (in particular the Group's project capitalisation and recognition processes)
- Facilitating ad-hoc analysis and insights on specific project issues
- Implementing and adhering to accounting policies set by the Financial Reporting team
- Ensuring all audit requests are dealt with appropriately and swiftly for staff capitalisation
- Maintaining the staff capex processes, calculating and reviewing the hourly rates
- Maintaining & owning reconciliations of time tracking data to Finance systems
- Administering the staff capitalisation month end for projects, calculate the labour impact for projects based on time tracking system and post journals including any relevant accruals
- Providing first level reporting to support decision making on costs and opportunities regarding staff capitalisation
- Supporting Commercial Finance Teams with staff capitalisation (provide various guides, reports and KPI's
- Supporting the change control process with relevant financial data and insight
- Working with the Project Managers to ensure project statuses are complete and accurate
- Supporting with impairment reviews
- Supporting the continuous improvement of processes, identifying and implementing opportunities
- Ensuring an efficient and accurate project accounting and support process; timely reporting and resolution of identified variances
**About you..**
- Project accounting/accounting experience in a global engineering/technology environment
- Knowledge of project accounting and accounting processes
- Experience in finance environment with a track record of delivering processes effectively to KPIs
- Relevant financial qualifications
- Knowledge of relevant finance systems
- Experience in a fast paced global environment
- Ability to set and achieve stretching goal prioritising their tasks and working closely with their colleagues
- Ability to completing their work to high standards whilst identifying opportunities for further improvements
- Mindset to own and drive their development plans to improve their technical and soft skills and the understanding of the business
- Strong attention to detail to provide accurate and timely data and reporting with the ability to present the information with the stakeholder in mind
- Adaptability to change and positive mindset
- Ability to build trusted relationships within their wider teams

**Benefits**

**What we offer you**

Our employee benefits are designed for you, we care about people and we've ensured we have a wealth of benefits that focus on your well-being. We regularly review our benefits to ensure we are supporting our employees appropriately.
- 30 days 'working from anywhere in the world' policy
- Wellbeing support through Apps such as Unmind and an Employee Assistance Programme
- 25 days annual leave, rising to 27 days after 5 years service (plus optional holiday purchase)
- Pension scheme (various options available including employer contribution matching up to 7%)
- Private Medical Insurance
- 22 weeks paid maternity leave and 6 weeks paid paternity leave (once relevant service requirements complete)
- Train Ticket loan (interest-free)
- Cycle to Work Scheme
- Free shuttle bus to and from Hatfield Train Station to the Hatfield offices
- Free shuttle bus to and from Welwyn Garden City Train Station to the Welwyn Garden City offices
- Opportunity to participate in Sharesave and Buy as You Earn share schemes
- Income Protection (can be up to 50% of salary for 3 years) and Life Assurance (3 x annual salary)

**Location**

View location here

**About Ocado Group**

When our journey started, we were all about changing the way people shop for groceries. 20 years later, we're developing our own ground breaking technology, opening multiple sites at an accelerating rate and engaging in exciting new business partnerships around the world
Transforming an industry also means transforming the way we do business. As we continually develop new technologies and customer propositions, we're looking for the Everyday Pioneers to lead us into the next stage of our evolution: enhancing our capabilities, inspiring our teams and developing new ways of working.
Changing the way the world shops, for good.



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