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Project Accountant

4 months ago

Loughton, United Kingdom Galliard Homes Full time
The Position

Galliard Homes is currently looking to recruit a Project Accountant on a Fixed-Term Contract for Maternity Cover to join our Finance team based in our Head Office in Loughton, Essex.

As a Project Accountant it will be your responsibility to work with key members of the finance team and the wider organisation to manage development cost appraisals, draw down process from funders, projecting portfolio level cash flows, and to deliver meaningful financial information on a number of concurrent projects within varying timescales.

Working within a team you will be responsible for preparing and analysing data for large residential and commercial developments in order to ensure that the Executive Board and the Construction team are meeting financial budgets.

You will be responsible for the following duties:

  • Produce monthly income and expenditure summaries for each project, reviewing transactions, analysing spend and investigating variances.
  • Keeping a cashflow on all projects, monitoring budgets vs actuals ensuring any anomalies are reported to the investment team
  • Produce accurate monthly management accounts for several projects and include financial insights.
  • Presentation and discussion of the analysis to Project Managers & Surveyors to ensure accuracy of the 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.

 

The Person 

The successful candidate will be a problem-solving, deadline-driven accountant with the ability to build strong relationships with internal and external stakeholders, combining financial expertise with effective communication skills. They must be able to demonstrate the following:

  • 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.

 

The Benefits

As a family-owned business, we want everyone to feel at home from day one. In return for commitment, loyalty, and hard work, we offer benefits ranging from:

  • 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