Project Accountant

4 weeks ago

Farnborough, Hampshire, United Kingdom L-3 Technologies Full time
Job Title - Project Accountant

Job Location - Farnborough, Hampshire

Role Type - 12-month Contract (with strong chance of leading to a permanent role)

We offer a hybrid working pattern, with time in our offices and your home, to enable a good work-life balance. We require you to be on-site 2-3 days per week on average.

Job ID - 16570

About this opportunity and L3Harris UK

From 12 UK sites, our team of over 1,400 people deliver unique capabilities across air, land, sea, space, and cyber for military, security, and commercial customers worldwide. L3Harris in Farnborough specializes in secure ground and airborne communication and network systems for the US military, international forces, and commercial customers.

The Project Accountant is responsible for providing comprehensive financial management and support for various projects within the organization. The role involves ensuring the accurate reclassification, invoicing, cost analysis, and reconciliation of project-related financial transactions. The Project Accountant will also be responsible for preparing financial reports, managing project-related accruals, and supporting the Finance team in meeting the financial objectives of the business.

A few of our employee benefits
  • Hybrid working where possible
  • 25 days holiday per year (plus bank holidays), increasing with long service and with the opportunity to buy/sell up to 5 days
  • Private medical insurance with optional family cover
  • Pension scheme of up to 7% employer contribution
  • Life Assurance 4x salary (flexible up to 10x)
  • Group income protection
  • Flexible opt-in extras such as a health care cash plan, dental insurance, gym membership, critical illness cover, and cycle to work scheme
  • Employee assistance program providing mental health and wellbeing support
What the role will involve

The responsibilities of your role will include the following:

  • Project Reclassification: Regularly reclassify project-related financials to ensure accurate accounting.
  • Invoicing and Cost Management: Prepare and raise invoices, calculate and post cost of sales (COS) for various projects.
  • Intercompany Recharges: Prepare and process intercompany recharge files, ensuring calculations and approvals are completed.
  • Warranty Reserve Management: Lead warranty reserve meetings, prepare calculations, and post relevant journals.
  • Inventory and Stock Management: Manage material transfers, reconcile stock and inventory, and resolve related issues including GRNI reporting.
  • Accruals Management: Prepare and post various accruals, including contractor and commission accruals, as needed.
  • WIP Reconciliation: Prepare and present Work in Progress (WIP) reconciliations, and manage associated journal entries.
  • Program Analysts Support and Ad Hoc Queries: Provide financial support for specific projects and address ad hoc financial tasks and queries from the wider business as well as own team.
What you'll bring

The role of Project Accountant requires the following experience and skills:

  • Proven experience in project accounting or a related financial role, preferably within a large organisation
  • Demonstrated experience in preparing complex financial reports, reconciliations, and managing large datasets
  • Strong knowledge of accounting principles and practices
  • Proficiency in financial software and tools, including advanced Excel skills
  • Excellent analytical skills with the ability to interpret complex financial data and present findings clearly
  • Strong attention to detail and a high level of accuracy in financial reporting
  • Effective communication skills, with the ability to liaise with various departments and stakeholders
  • Ability to work under pressure and meet tight deadlines
  • Strong organisational skills, with the ability to manage multiple tasks and projects simultaneously
  • A proactive approach to problem-solving and continuous improvement
Important to know

Due to the nature of our work, many of our roles require the ability to obtain a security clearance. Applicants who accept a conditional offer of employment must meet the requirement of right to work in the UK and must meet eligibility requirements for access to classified information and will be subject to government security checks.

As an equal opportunities employer, L3Harris is committed to the equal treatment of all current and prospective employees and does not condone discrimination on the basis of age, disability, sex, sexual orientation, pregnancy and maternity, race or ethnicity, religion or belief, gender identity, or marriage and civil partnership.

We aspire to have a diverse and inclusive workplace and strongly encourage suitably qualified applicants from a wide range of backgrounds to apply and join L3Harris.

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