Project Accountant

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  • Location

    Coventry, West Midlands

  • Sector:


  • Job type:


  • Salary:

    Up to £0.00 per day

  • Contact:

    Rail Technical Team

  • Contact email:


  • Job ref:


  • Published:

    6 months ago

  • Expiry date:


  • Client:


Financial management of a suite of projects within a the Project Delivery organisation


Project Mobilisation, Undertake a handover from the Tendering and Estimating team of the financial elements of a successful bid, including the baseline value and budget, CBS and baseline Project delivery Report and full set up in the SAP system.

Project Forecasting and Reporting

  • Review and analyse project actual and forecast spend to support Work Package Managers (WPM) and the Project Manager (PM) in the financial control and forecasting of their budgets.
  • Analyse new project forecasts, developing a view on robustness, timing, risk and opportunity. Review and, if necessary, challenge with both WPM and PM before finalising .
  • Ensuring all change is properly incorporated in cost and value, including approvals for submitting contract variations and including unagreed variations in forecast final value.
  • Maintain for each project the P&L, balance sheet, order book and cashflow on behalf of the PM
  • Working with other parts of the project team as necessary eg Commercial function, prepare project reporting to the client where required
  • Ensure all project audit requirements are dealt with in a timely and professional manner.

Functional Reporting and Forecasting

  • Ensure all project reports and forecasts are submitted to Central Finance on time, accurate, understood and approved, where necessary.
  • Provide meaningful supporting commentary where required on variance analysis
  • Act as the independent conscience of the project ensuring the integrity of the financial status and forecast, escalating issues or concerns where necessary.

Month End

  • Review and amend, where necessary, project accruals related to internal and agency staff, materials and major subcontractors.
  • Ensure the correct trading margin % and verify the traded position
  • Provide commentary on traded position and financial status/movement where necessary

Accounts Receivable

  • Manage or support the setup, submission and processing of Payment Applications, certificates and invoices, including all postings to the ledger.
  • Actively monitor the payment cycle ensuring any required actions are taken to maximize the cash position, chasing payments with supplier where necessary
  • If dealing with cost reimbursable contracts, ensure timely and accurate provision of all supporting information to enable issuing, approval and payment of project milestones in a timely manner.



  • Part qualified accountant with recent accountancy work experience
  • Strong communicator with the ability to challenge and influence others
  • Desire and ability to work closely and develop productive relationships with both finance staff and other project functions.
  • Strong organisational/planning skills
  • Advanced Excel skills


  • Relevant contract/project accounting experience
  • A high level understanding or core contract terms and conditions which have a financial aspect