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Project Accountant

Published 15 March 2024
Up to £55000.00 per annum
City of London, London
Job Starts: 15th March 2024
Accountancy & Finance

Job Description

About the Role:

This position is suited for individuals with a methodical approach, eager to leverage their project accounting expertise within a dynamic environment. As a valued contributor, you'll play a pivotal role in refining business processes and enriching organisational insights. Fostering collaborative relationships across departments will be essential to influence strategic decisions and facilitate change.

Part-time Role:
25 hours per week, spread across 5 days

Main Duties and Responsibilities:

  • Conduct monthly project reporting and quarterly forecasting for a million-plus grant-funded project
  • Rigorously monitor expenditure against budget, ensuring compliance with funding guidelines
  • Assist in quarterly submissions to UK Research and Innovation (UKRI) and address finance queries from UKRI
  • Facilitate successful grant claims post-quarter end
  • Cultivate effective partnerships with the Project Management team, providing guidance on allowable expenditures as per UKRI regulations
  • Assist in project setup and maintenance within SAP Business ByDesign
  • Develop proficiency in SAP Business ByDesign, utilising it for journal postings, timesheet tracking, and report generation
  • Manage Capex projects, asset under construction, and fixed assets
  • Track project cash flow and integrate cash outflows into quarterly grant claims
  • Provide support for financial reporting and analysis of the China legal entity when required
  • Opportunity for involvement in other projects or cost centers
  • Identify opportunities to standardise, streamline, and enhance process accuracy
  • Engage in various ad hoc requirements as needed

Education / Qualifications:

  • Strong A levels with a minimum of 3 "B" grades (excluding General Studies)
  • Bachelor's degree with a 2.1 classification
  • Professional qualification (ACA/ACCA/CIMA) with first-time exam passes

Knowledge and Experience:

  • Minimum of 2 years post-qualification experience
  • Experience within engineering or manufacturing sectors preferred
  • Proficient in project accounting principles
  • Advanced Excel skills, capable of creating diverse data models for accounting and finance purposes
  • Familiarity with accounting and forecasting software such as SAP Business ByDesign
  • Ability to leverage IT tools to drive business performance and enhance management reporting
  • Experience in a fast-paced global environment is advantageous

Personal Qualities and Competencies:

  • Self-driven with a collaborative mindset
  • Quick learner with a commitment to meeting deadlines
  • Meticulous attention to detail
  • Advanced Excel proficiency, including modeling and forecasting
  • Strong interpersonal and communication skills
  • Proficient in written English
  • Reliable and adaptable

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Macildowie is a specialist recruitment consultancy with a rich history of enhancing the careers of professionals across the Midlands and the Northern Home Counties. We have an unrivalled understanding of the local market place and recruit for the majority of the region's premier employers. To search for all of our live jobs please visit us at

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