Project Accountant

4 days ago


Cheltenham, Gloucestershire, United Kingdom Ultra Electronics Full time

Ultra Electronics, a leading developer of mission and safety critical equipment in the defence and aerospace industry, seeks a highly skilled Project Accountant to join its Finance Function. This role reports into the Financial Controller and has responsibility for project accounting in the PCS UK (and with oversight responsibility for project accounting in PCS US).

About the Role

The ideal candidate will be responsible for owning the financials associated with the project accounting, ensuring the robustness of the numbers and the integrity of the numbers included within the P&L, Balance Sheet and Cashflow. In addition, providing clear communication to the senior program leadership team on financial performance against operational plans and budgets.

  • Quality, accuracy and timeliness of all accounting entries with respect to projects.
  • Ensure accounting is maintained in compliance with appropriate IFRS revenue recognition principles.

Evaluation of risks and opportunities, performing rate impact analysis, understanding impacts of changes on program baselines and EACs, and reporting financial performance through monthly Contract Status Reviews (CSR). Partner with various functions, primarily Program Management but also Commercial (Contracts), Supply Chain and Operations teams in ensuring daily operations and strategies align, real-time forecast are maintained, risks & opportunities are noted and kept up to date etc.

Financial point person responsible for ensuring program execution on cost and schedule, and partner with the project managers to ensure the accuracy reporting for the program. Prepare, provide status and provide financial leadership at monthly program reviews. Maintain interim meetings with all relevant stakeholders to mitigate against surprises.

Led by an experienced finance leader, our team thrives in a dynamic environment that rewards innovative thinking, collaboration, and a passion for delivering results. We offer a competitive salary of £60,000 per annum, plus benefits including flexible working, 25 days holiday, and a pension scheme.

We are an equal opportunities employer that values diversity, inclusion, equity and equality. Underpinned by our values, behaviours, and policies, we want you to feel empowered to be your best and authentic self. We welcome applications from all candidates, regardless of background or experience.


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