Project Accountant

Location
London
Salary
plus competitive package
Posted
23 Aug 2017
Closes
30 Aug 2017
Ref
AG230
Category
Construction
Experience Levels
Qualified Accountant
Contract Type
Contract
Hours
Full Time

Do you have strong Project Accounting experience within the Construction sector?
 
Our client, a high-profile global property development company, are looking to identify a talented finance individual with hands-on experience of one or more ‘big build’ projects.

Ideally with an immediate/quick start, this contract duration is expected to be 6 months minimum, as it is covering maternity leave. The successful applicant’s most recent work could include accounting and business partnering on a complex residential or commercial build project (e.g. retail, office space or mixed-use) or involvement in a major infrastructure/transportation project. Recent experience will ideally include working for a well-known national or multinational building contractor.
 
This is an outstanding opportunity to join an attractive and expansive business in a diverse and exciting Project Accountant role. Core responsibilities will include working within the Construction Finance project team to manage the finances associated with a new build project. You will take responsibility for the integrity and reporting of financial performance and for management of overheads. Extensive cost accounting experience in a construction environment is essential, as is the ability to effectively business partner with non-finance (particularly construction) managers.


Monthly Cost Reporting

  • Review the monthly cost report to assess the accuracy and completeness of the information.
  • Reconcile to the budget tracker

Project Financial Controls

  • Project budgets and maintain project financial controls.  Ensuring that budgets are in place for all development works and that sign-off is obtained before expenditure is committed.

Other

  • Ensure compliance with the Construction Industry Scheme and any other statutory regulations for the project
  • Evaluate the financial position of sub-contractors to ensure that they are financially sound
  • Issue and recovery of monthly progress claims from owner and any other external parties
  • Manage and support the Assistant Project Accountant

Requirements for this role:
 
Essentials:
Construction Project Accounting experience
Significant experience with large-scale build projects
Robust cost accounting skills
Understanding of CIS and VAT
 
Desirables:
CIMA/ACCA Qualified or Part-Qualified Accountant