Management Accountant

Sector:Construction
Job type:Perm
Salary/Rate:£65,000 per annum
Town/City:Cambridge
County:Cambridgeshire
Job ref:39640-4 S06
Post Date:19. 11. 2024
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About the Role

Our client, a prestigious construction company renowned for its innovative and iconic developments, is seeking a meticulous and experienced Project Accountant to join their dynamic team. With a strong commitment to quality, sustainability, and architectural excellence, the company offers the chance to play a vital role in delivering transformative projects across the industry.


Role Overview:
As a Project Accountant, you will be responsible for overseeing the financial performance of construction projects, ensuring accurate reporting, budgetary control, and adherence to financial standards. Working closely with project teams, you will provide financial insights, monitor project progress, and support the successful delivery of projects.


Key Responsibilities:
• Managing the financial oversight and reporting of assigned construction projects, including monitoring budgets, forecasts, and cost variances.
• Preparing and analysing monthly project performance reports, including profit and loss, cash flow, and cost-to-complete projections.
• Collaborating with project managers to ensure financial goals are aligned with operational objectives.
• Overseeing project-related accounting tasks such as invoicing, payment approvals, and monitoring accounts receivable and payable.
• Ensuring compliance with financial policies, procedures, and internal controls for project accounting.
• Conducting regular reviews of project budgets, identifying risks, and recommending solutions to address financial challenges.
• Supporting internal and external audits by providing accurate financial data for assigned projects.
• Continuously improving project accounting processes to enhance efficiency and accuracy.
• Assisting in the preparation of annual budgets and forecasts at a project level.

Requirements:
• ACCA / CIMA / ACA qualification preferred.
• Strong experience in project accounting, ideally within the construction or engineering sector.
• Proven expertise in financial analysis, reporting, and budget management for large-scale projects.
• Advanced proficiency in financial software and Microsoft Excel.
• Exceptional attention to detail and a proactive approach to problem-solving.
• Excellent interpersonal skills, with the ability to collaborate effectively with project teams and stakeholders.
• Knowledge of construction project financial frameworks and contract accounting would be advantageous.

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