Senior Manager Program Accountant

Unleash the Power of Multi-Mission Excellence: Safeguarding the Seas for the World's Navies.
Step into a world where cutting-edge technology meets unparalleled expertise. Ultra Maritime pioneers delivering multi-mission solutions that protect and empower the naval forces worldwide. With our extensive portfolio of capabilities, our innovations are utilised on naval fleets across our allied navies around the globe.
As the maritime and underwater battlespace evolves, we tirelessly push the boundaries to develop advanced specialist systems that provide our 'five-eyes' Defence customers with an unbeatable warfighting edge. From surface vessels to sub-surface operations and unmanned platforms, we are revolutionizing the way naval missions are executed.
We thrive on collaboration and partnering with our customers to ensure mission success. Our expert solutions encompass an array of game-changing technologies, including state-of-the-art sonar, radar, expendables, signature management, and naval power systems.
Join us in shaping the future of naval warfare and together, we will safeguard the seas and empower navies worldwide!
Flexible Working
At Ultra Maritime, we understand that your personal life is just as important as your professional one. That's why we support and promote flexible working arrangements where possible. Whether you prefer a hybrid model, working remotely, or the structure of being on-site, we will support you as best as we can. Embrace the freedom to shape your work hours according to your needs, whether it's part-time, compressed hours, or a unique arrangement that suits your lifestyle.
Loudwater, Greenford, and Weymouth exclusively offer a 9-day fortnight working pattern, offering extended weekends every other week, granting you more time to pursue your passions. And that's not all - we provide flexible start and finish times.
It's the 'innovating' and 'empowering' values that we ASPIRE to be. We welcome the challenge to work in new ways and have trust in you when getting the job done because we recognise, our business is our people.
Job Description
Key responsibilities
Manage a small experienced and established Program Accounting team (3) - including staff development, training and simplification of existing workflows (e.g. month end processes, project closure, EAC maturity)
Oversee formal quarterly Program Cost Reviews across the portfolios
Review and challenge program inputs into the FP&A processes / budgets / forecasts
Provide program reports to Program managers and Senior Management as requested
Lead Working Capital Improvement Initiatives
Monitor cashflow reporting and gross margin analysis for individual programs, portfolios across the wider business
Problem-solving skills are crucial to analysing past and current performance and recommending objectives to improve productivity and profitability
Leading & Supporting the team to:
Ensure that program costs and estimates to complete are reviewed on a monthly basis, supporting / challenging Program Accountants, Program Managers and Work Package Managers
Ensure the review of weekly/monthly timesheet bookings against programs to ensure accuracy of labour costs
Publish monthly Contract Status Review (CSRs) for agreed programs
Perform variance analyses on costs, scope and schedules, and report on related risks
Identify variances and support project management in resolution of outstanding issues
Review the forward load across the program portfolio and monitor actual resources available against the required resources. Highlight the financial impact of any imbalance in load
Prepare financial customer reporting as required under program contracts
Monitor cashflow reporting and gross margin analysis for individual programs, portfolios across the wider business
Support Program Managers with customer interface when requested
Support / guide Program Managers with Project and Excel reporting tools
Manage / oversee program budgeting and forecasting process
Oversee the preparation and submission of the annual R&D Expenditure Credit information
Provide program reports to Program managers and Senior Management as requested
Ensure that program invoicing is completed on schedule, monitor unpaid invoices and assist in the resolution of any overdue customer invoices
Personal attributes
Professional accountancy qualification
Experienced People Manager
A sound understanding of program cost accounting / project accounting is essential (Pricing experience desired)
Experience with GAAP, IFRS accounting standards.
Strong analytical skills, competent in use of Microsoft Office products (Excel advanced user)
Demonstrable high degree of computer literacy including familiarity with an accounting or ERP system
Relocation Support
Attracting high-level talent and people that can add value and expertise, is vital to our success. Attracting and retaining brilliant people is imperative so that's why we search across the UK for talent. We offer financial support to candidates that are considering relocating; this is considered on a case-by-case basis per role and subject to HMRC guidelines.
Nationality Requirements
Candidates must be eligible to obtain the relevant security clearance required for the role, due to the nature of the programmes we deliver for our customers.
Diverse & Inclusive Employer
Ultra Maritime is an equal opportunities employer that values diversity, inclusion, equity and equality. Underpinned by our values, behaviours, and policies, we want you to feel empowered to be your best and authentic self.
We promote a workplace that welcomes people from all backgrounds and cultures; believing that this will increase our diversity of thinking, and ultimately ensure we continue delivering on our commitments to our customers.
We do not discriminate based on race, religion, colour, national origin, gender identity, sexual orientation, age, marital status, veteran status, or disability status and welcome applications from all candidates.