Project Accountant
Full-time, Permanent
Inchinnan, Hybrid working available
About the Company
JFD is the world leading underwater capability provider, serving the commercial and defence markets with innovative diving, submarine and hyperbaric rescue, technical solutions and services.
The Opportunity
Due to the company success and new projects planned down the line, we are looking to expand the Team!
As a Project Accountant, you will be responsible for the accurate and timely reporting of long term projects and services actual and forecast financial performance from a project performance and financial accounting perspective, including robust challenge of costs to drive cost improvement.
You will implement Cost Management best practices and apply this consistently across all projects, identifying cost variances, risk areas and mitigations to Project Managers to assist delivery of project and customer requirements in a cost effective manner.
Key Accountabilities
- Preparation of detailed project baseline cost and revenue budget and regular EAC reforecasts in collaboration with the Project Team and present the information to stakeholders as required.
- Perform Value of Work Done (VOWD) assessments through project life, compare to planned progress, identify and mitigate slippage and escalate issues to management
- Providing project revenue and profit margin information for actuals, forecasts and annual budget process
- Conduct cost variance analysis and sensitivity analysis and identify opportunities, risks and mitigations where available to the project manager
- Ensure costs are correctly allocated to cost accounts/work orders, review correct coding of requisitions, purchase orders, contracts, invoices, variations, reconciling costs to the General Ledger and investigating variances
- Facilitate and participate in lessons learnt sessions on project delivery and feedback to the responsible functions to ensure these are captured and acted upon to improve future project delivery
- Assist project planning define and maintain detailed Work Breakdown Structures
- Other relevant duties/task as assigned by Financial Controller.
Skills, Experience and Qualifications
We are ideally looking for individuals with a degree in Accounting or Finance and who are also pursuing ICAS/ACCA/CIMA qualifications. You should have proven experience in a similar role, ideally within an industry such as Oil & Gas, Engineering or Manufacturing. You must be an efficient user of Microsoft Excel and have previous experience of ERP systems (e.g Glovia, SAP, Oracle, etc.)
To succeed in this role, you will have excellent analytical and communication skills as well as the ability to prioritise tasks. You will also have strong attention-to-detail and will thrive in a fast-paced environment.
We're looking for a proactive individual who can bring new ideas to the table in terms of process improvements.
If this sounds like the next step in your career, click ‘Apply’ now.
James Fisher & Sons are committed to taking positive action on diversity and we strongly encourage applications from candidates from all backgrounds and as a Disability Confident employer we are committed to offer an interview to disabled candidates who meet the minimum criteria for the role.
Please note this role may require UK Security Clearance (SC).