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Project Accountant

51,667 P.A. ?


Project Accountant
Requisition ID :2020-76436
Work Location :GB-Tyne and Wear-Newcastle upon Tyne
Department / Discipline : Finance Operations
Additional Work Location : GB-Aberdeenshire-Aberdeen
Position Type : Staff / Permanent

Additional Work Locations


Market / Sector (Candidate Portal Searching)


Overview / Responsibilities

Wood is recruiting for a Project Accountant to join our team in either Newcastle upon Tyne or Aberdeen.

Job Overview

To ensure all accounting entries within the individual’s area of control (i.e. project, contract, service line) are recorded in an accurate and timely manner. This involves the provision of timely reporting of financial data internally to business stakeholders and externally to the client. Furthermore, financial reporting will extend to forecasts, budgets and a “no surprises” outlook, together with ad-hoc financial analysis. In some cases, this also requires the management of a small team.

Key Responsibilities

* Ensure that all accounting entries are prepared accurately and in line with corporate deadlines
* Ensure invoices are prepared in a timely manner and in accordance with the commercial terms of the contract
* Ensure results are accurately reported and analysed
* Calculationof billing and cost rates, and analysis of margins to manage profitability
* Preparationof annual plan and quarterly reforecast in conjunction with Business Management and Finance team
* Responsibility for compliance with Financial management Framework within the individual’s sphere of control
* Focus on cash collection, optimisation of DSO and minimisation of unbilled items together with ensuring these balance sheet areas are appropriately reconciled, analysed and controlled
* Liaising with external, internal and client auditors
* Linkage with business manager and contracts administrator regarding any contractual aspects Execution of various ad hoc financial analysis and tasks as and when required

Working Relationships:

Internal: Project / Contract / Service Line team, Finance team, Commercial, Supply Chain, Internal Auditors

External: External Auditors, client team

Skills / Qualifications


* Recognized accounting qualification or working towards CIMA / ACCA / CPA or equivalent

Knowledge, skills and experience:

* Previous accounting experience
* Proficient user of Excel
* People supervision skills (not essential)
* Good commercial knowledge
* Good systems experience (g. Oracle, Hyperion)

Personal attributes:

* Ability to form and maintain strong working relationships
* Excellent communication skills to work alongside
* Strong ethical values and communicates with openness and honesty

Company Overview

Wood is a global leader in engineering and consultancy across energy and the built environment, helping to unlock solutions to some of the world’s most critical challenges. We provide consulting, projects and operations solutions in more than 60 countries, employing around 45,000 people.

Diversity Statement

We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.