Project Accountant

2 days ago


Loughton, Shropshire, United Kingdom Galliard Homes Full time
Project Accountant Job Description

Galliard Homes is seeking a skilled Project Accountant to join our Finance team on a Fixed-Term Contract for Maternity Cover. As a key member of our team, you will be responsible for managing development cost appraisals, draw down processes, and projecting portfolio-level cash flows.

Key Responsibilities
  • Prepare and analyze data for large residential and commercial developments to ensure the Executive Board and Construction team meet financial budgets.
  • Produce monthly income and expenditure summaries, reviewing transactions, analyzing spend, and investigating variances.
  • Monitor budgets vs actuals, ensuring any anomalies are reported to the investment team.
  • Presentation and discussion of analysis to Project Managers & Surveyors to ensure accuracy of information and alignment to their project cost plan.
  • Business partnering with the Investment and Development, finance, and operational teams to ensure accuracy of information on each project.
  • Preparation of supporting documentation to enable draw down of loans on a portfolio of bank facilities to fund ongoing developments.
  • Liaising with external Solicitors and Agents and internal investments team to ensure funds are in place to complete on new purchases.
  • Reporting to Joint Venture partners across all projects regularly, ensuring accuracy of information.
  • Calculating and requesting funds from joint venture partners in line with agreements - providing further information as clarification where required.
  • Calculating and paying profits to Joint Venture Partners where applicable on project completions.
  • Ensuring accurate and consistent journals are prepared and posted.
  • Raising invoices for construction projects in line with surveyor valuations and project management fees and maintenance of all necessary supporting information.
Requirements
  • Strong communication skills, with the ability to present ideas in a clear format, and professional manner, often to non-financial people.
  • Ability to think outside the box and be able to put forward own ideas to improve reporting and interaction with project management team.
  • Determination to provide solutions to improve deadlines, generate efficiencies, and get things done.
  • Confidence to liaise with external organisations and individuals, JV partners, Solicitors, banks, etc.
  • Knowledge of construction finance or joint venture reporting is desirable but not essential.
Benefits
  • 24 days holiday plus bank holidays.
  • Life assurance.
  • Private healthcare.
  • Matching contribution pension scheme.
  • Discretionary salary and bonus review.
  • Employee assistance programme.
  • Discounted gym memberships.
  • Discount portal.
  • Cycle to work scheme.
  • Volunteering.
  • Sponsorship of professional qualifications and accreditations.

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