Project Cost Accountant

Cost Accountant job based in Romford, Essex

Our client is based in Romford, Essex. Due to an upturn in business, a need has arisen for a Project Cost Accountant. You will be reporting to the Finance Director and working alongside the Management Accountant.

Primary Responsibilities:

Maintaining & Producing the Orderbook monthly

Using the Orderbook to forecast revenue by month and year

Review of the WIP & Accrued Revenue schedule to identify exceptions

Liaise with Operations to investigate exceptions

Recommend financial adjustments where projects fall outside of budget

Assist with ledger journals, accruals, prepayments & production of MI

Further duties will be given as the review procedure develops.

Orderbook

Update the orderbook files with the 'Year-to-Date' values for revenue and
cost of sales

Add new projects that have been entered onto Project Accounting since previous and remove any completed projects.

Revenue Forecast

Using the updated Orderbook provide a revenue forecast for both capital works projects

Capital Works will be the remaining value of budgeted revenue

Service and Maintenace will be the balance of the contract remaining, monthly

(Particular care to be taken with service contracts to ensure revenue is stable)

Exception Reporting

Using the updated Orderbook look for projects that appear to have gross margins below expectations or revenue that should have been raised

Capital Works, revenue previously forecast in the period

Service, revenue missing for a period(s)

Investigation

Contact the relevant Project Managers to discuss the identified exceptions

Distinguish between timing differences and errors

This role is based in the office 5 days a week.
Salary is £40,000-£45,000 dependent on experience
Working hours 40 hours, 8am to 5pm, one hour lunch

09/09/2024

What you need to do now
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