Management Accountant / Project Accountant

Your New Company
A global player in the offshore energy market, this company has a large-scale presence offering a range of products and services within the industry. This company prioritises people - both customers and staff and wants to deliver an excellent experience for all involved. They are seeking an experienced commercial Management Accountant/Project Accountant to join their team.
Your New Role
The role will be heavily involved in all day to day finance activities from transactional finance through to month end processes and controls. You will be responsible for financial reporting and management on a variety of projects that are running simultaneously and will be tasked with monitoring the projects performance. You will help to constantly develop project controls and will rely on a level of proactivity from you.
Specifically, you will be responsible for:
Project Accounting
* Weekly forecast update to track performance of fast paced offshore projects, including monthly forecast to support Management Accounts i.e. month end project revenue recognition and project cost accruals.
* Understanding of progress and productivity calculations to ensure risk and accurate progress is reported and challenged where necessary.
* Change management including identifying commercial opportunities, with suitable accounting structure to highlight variation performance.
* Understanding of project / contract risk, with risk reflected within the forecast, supported by risk register.
* Produce cash flow forecasts to ensure any potential temporary contract / project cash shortfalls are highlighted in order to be addressed / resolved.
* Ensure invoicing is conducted on a timely basis and in line with milestones, with variations invoiced at earliest opportunity.
* Work closely with Service Delivery Manager, to address operational concerns, timesheet reporting, ad-hoc reporting and financial performance updates.
Management Accounting
* Draft preparation of timely and accurate monthly management accounts, budgets and financial forecasts for review with Finance & Admin Manager.
* Coordinate management accounts timetable to ensure strict deadlines are achieved.
* Responsible for ensuring financials are accurately reported on Group Consolidation System (Cognos)
* Complete month end journals and nominal account reconciliations.
* Balance sheet reconciliation accounts and timely resolve of issues as appropriate
* Perform reconciliations of Asset Registers, Purchase, Nominal ledgers, ensuring accurate transaction processing & timely period close.
* Ensuring consistent and efficient accounting processes and internal controls are in place and procedures are adhered to
* Assist Finance & Admin Manager with Supervision of Finance Team, including supporting apprenticeship program, with coaching/training and overall support.
* Assist with external audit, liaising with group and to ensure smooth audit of annual financial statements
* Responsible for VAT returns, including ensuring administration and record keeping is compliant and in line with regulatory requirements.
* Undertake any other tasks that may reasonably be required in accordance with the duties and the responsibilities of the post. I.e assist with key tasks from other roles as requested to cover for holidays or absence within hours worked
What You Need to Succeed
Ideally you will be qualified or part qualified and studying with significant experience in general accounting, P&L oversight and strong management accounting skills. You will be a problem solver and be comfortable working in a fast paced environment. Ideally you will also have sound knowledge of VAT and payroll compliance and working knowledge of FRS102 but this is not essential.
What to Do Next
Your next move is important to us so if you feel this could be the job for you, then please apply or get in contact on the details below.

Hays EA is a trading division of Hays Specialist Recruitment Limited and acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found at hays.co.uk