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Project Accounting Specialist

1 month ago

London, Greater London, United Kingdom DATS Recruitment Ltd Full time

Job Title: Project Accounting Specialist

Job Summary:

We are seeking a highly skilled Project Accounting Specialist to join our team at DATS Recruitment Ltd. As a key member of our finance team, you will be responsible for managing financial aspects for Technical Services and Projects.

Key Responsibilities:

  1. Act as the financial business partner for Technical Services and Projects, leading cost reporting and system development.
  2. Support the Project Manager and Commercial Manager on commercial matters.
  3. Update financial forecasts, estimates to complete, and estimates at completion with input from the project team.
  4. Challenge and analyse the financial performance of projects.
  5. Manage the sales order and invoicing process.
  6. Align invoicing and cash flow with the customer's finance team.
  7. Ensure SAP workflows are maintained with the support of Group Finance.
  8. Translate sales orders into project budgets.
  9. Secure and control data for customer invoicing.
  10. Manage Work Breakdown Structure (WBS): release WBS projects and budget in SAP.
  11. Set up financial reporting in accordance with group guidelines.
  12. Conduct monthly project closures and report to Group Finance.
  13. Provide project Profit and Loss (P&L) reports in line with Corporate Finance guidelines.
  14. Perform margin and gap analysis.
  15. Monitor bought-in services (hours via time writing) and ensure accurate customer charging.
  16. Provide the Project Manager with financial impact assessments of identified risks, in close coordination with the Project Services Manager.

Requirements:

  1. Degree in a relevant field and a professional financial qualification, preferably CIMA.
  2. Minimum of 2 years post CIMA qualification experience in a finance controlling role, in a project-related environment.
  3. Knowledge of international accounting standards and Companies Act requirements.
  4. Flexibility and willingness to travel to various company sites as needed.

Benefits:

  • Competitive salary up to GBP55,000.
  • Company performance bonus (circa GBP3,000).
  • 25 days holiday, increasing to 28 days after 6 years of service.
  • All statutory bank holidays.
  • One additional day off every 4 weeks (13 days per year).
  • Company sick pay.
  • Defined contribution pension scheme.
  • Flexible working.
  • WFH 2 days per week.