Project Accountant

Project Accountant - 12 month contract - Broad Oak, Portsmouth - £40.33 ph UMB or £30 ph PAYE (Inside IR35)

The Umbrella rate quoted above is the Gross Umbrella rate (i.e. the rate we pay to the Umbrella Company inclusive of ALL employment costs). Please note, the rate paid by the Umbrella will be less, as will a Limited Deemed rate or Agency PAYE rate. Please get in touch to discuss the rates via these different payment vehicles.

The Role

The Project Accountant will be a member of the FP&A Project Performance job family and will deliver ongoing support across Project Finance, as well as the wider Finance function. This support may include, but is not limited to:

• Delivering customer focused Project Finance support as part of the Capability Centre, aiding the Business Unit in the effective and profitable delivery of customer projects by owning all Finance aspects of the project life cycle
• Delivering best-in-class financial planning, analysis and insights, to all internal and external customers, to drive growth and deliver superior performance.
• Contributing to the implementation of common and consistent Project Finance processes, a culture of performance excellence and "right first time", and optimising key financial controls
• Ensuring that the financial performance of projects is reported accurately and on time, producing forward forecasts so that stakeholders have the information required for effective decision-making.
• Contributing to the modernisation of Project Finance and delivery of continuous improvement
• Contributing to a data focused and digital culture whilst digitising ways of working through the support of implementation of digital project management, reporting and financial toolsets. Using dashboards to provide insights and improve performance. Support ownership of data, and drive focus on "right at source", to prevent manual corrections / duplication of data

Role Responsibilities:

Not limited to…

· Driving Business Performance: Production of timely insights, analysis and business intelligence to drive performance. Ensure synchronisation between evolving business performance and forecasting, proactively identifying and managing risks and opportunities. Ensure timely working capital cycle for projects and supporting decision makers in delivering strong project financial performance.

· Budgeting & Forecasting: Production of quarterly forecasts and Annual Budgets (IBP) in conjunction with the Finance Business Partners. Support IPTs in forecasting financial estimates of costs to deliver projects and manage risks and opportunities, highlighting key information to the relevant FBPs

· Reporting: Deliver accurate month end management reporting, on time, including; Project reporting outputs (Summary Status Report and Contract Status Reports); Monthly management reporting with expert analysis and insights analysing in-year financial performance; Balance sheet review parks; Working Capital Reporting; Orderbook Reporting

· Project lifecycle support: Support project teams on whole life of projects, including initial setup, forecasting, trading, reporting and analysis, and closure.

· Bid Support: Working alongside the relevant FBPs, provide a key bid support capability, to plan, coordinate and model financial inputs, ensuring quality inputs are provided to the FBPs / bid team.

· Financial control: Operate robust and effective financial controls in line with Financial Control Framework and Finance Policies manual, collaborating with the Project Finance Process Owners, Finance Control CC and Governance CC. Support external and internal audit as required.

· Process improvement: Contribute towards identifying and delivering improvements to processes within Project Finance. Support ongoing Finance Modernisation activity, in particular digital reporting improvements.

· Systems improvement: Contribute towards system improvements and help support adoption of a data-centric and digital culture. Contribute to the wider UK finance systems strategy to ensure Project Finance requirements are captured and support programmes of work to deploy new systems and technology.

· People Development: Support, develop and coach a team, ensuring collaborative working relationships with stakeholders and consistently ensure skills and experience are matched with business demands

What are BAE Systems looking for from you?

• Previous project accounting experience.

Security Requirements: SC

This role will require the person to hold full Security Clearance (SC) prior to working onsite. You will need to obtain a BPSS check as part of this process. You must currently hold or be eligible and willing to obtain SC and you must be eligible to work in the UK without sponsorship and have lived and worked in the UK for a minimum 5 year period. If you are unsure as to whether you are eligible, please contact me to discuss.