Assistant Project Accountant
Job Description
We are seeking an Assistant Project Accountant to support financial control and project accounting activities across a diverse portfolio of contracts and service delivery streams. This is a hands-on role within a growing finance function, offering exposure to revenue recognition, contract accounting, project reporting, and month-end accounting in a dynamic project-led environment.
\nSalary: £27,000 - £29,000 per annum.
\nThe successful candidate will play a key role in ensuring the accuracy of project financial reporting, maintaining contract accounting schedules, supporting month-end close processes, and partnering with operational stakeholders to improve financial visibility across the business.
Key Responsibilities\n- \n
- Prepare monthly revenue recognition calculations and contract accounting schedules, including WIP, accrued and deferred revenue. \n
- Support project accounting activities, ensuring costs, margins, and contract positions are accurately recorded and maintained. \n
- Prepare month-end journals, accruals, reconciliations, and balance sheet reviews across project-related accounts. \n
- Maintain project financial data, ensuring transactions are allocated correctly and financial records remain accurate. \n
- Produce project reporting and supporting analysis, including P&L and balance sheet reporting. \n
- Monitor timesheet completion and support utilisation and time recovery reporting across the business. \n
- Raise customer invoices, process credit notes, and support query resolution alongside Credit Control. \n
- Support project setup and closure activities, ensuring financial structures and controls are in place. \n
- Assist with audit requirements and preparation of year-end supporting documentation. \n
- Identify opportunities to improve processes, controls, and reporting efficiencies. \n
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- Part-qualified or fully qualified ACA, ACCA, CIMA, or equivalent, or qualified by experience. \n
- Strong understanding of double-entry bookkeeping, accruals accounting, and balance sheet reconciliations. \n
- Experience within project-based, contract, engineering, construction, manufacturing, or professional services environments. \n
- Understanding of revenue recognition and contract accounting principles. \n
- Experience working with ERP systems and strong Excel skills. \n
- Comfortable handling large volumes of financial data and producing accurate reporting. \n
- Strong communication skills with the ability to work effectively with both finance and non-finance stakeholders. \n
- Ability to manage multiple priorities and work to tight month-end deadlines. \n
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- Experience of percentage-of-completion or long-term contract accounting. \n
- Exposure to project costing, WIP accounting, and contract asset/liability reporting. \n
- Experience supporting external audits and year-end processes. \n
- Knowledge of FRS 102, IFRS, or other relevant accounting standards. \n
- Experience within a growing or fast-paced business environment. \n
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- Highly organised with excellent attention to detail. \n
- Curious and analytical approach to financial data. \n
- Proactive and persistent in resolving issues and obtaining information. \n
- Collaborative team player with strong stakeholder management skills. \n
- Continuous improvement mindset with an interest in process optimisation. \n
This is an excellent opportunity for an ambitious accounting professional to develop specialist project accounting expertise within a commercial and growing organisation, while gaining exposure to complex contract accounting and business partnering activities.
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