Financial Cost Accountant

On behalf of the MOD, we are looking for a Financial Cost Accountant (Inside IR35) for an initial 12 month contract based hybrid in Corsham, Wiltshire. Office attendance is 2-3 days a week but at least 1 day a week is mandatory.

The Ministry of Defence (MOD) is a central government department with a mission to protect our country and provide the ultimate guarantee of its security and independence , as well as helping to protect its values and interests abroad.

The MOD is one of the biggest public procurement organisations in Europe and the single largest customer for UK industry. It currently manages approximately £20 billion of spend on capital investments in equipment and infrastructure every year. Over the next decade the MOD is committed to spending over £190 billion on equipment and support. The MOD's customers include both the armed forces and national security agencies, and it has a diverse range of requirements, including military fighting vehicles, education services, nuclear submarines and facilities management .

The MOD's aim is to provide its armed forces with the best capabilities to enable them to protect the UK's security and advance national interests, both now and in the long term.

To do this the MOD has an annual budget of almost £53 billion and a workforce comprising 197,000 people. of which 54,000 are civilians working for the UK MOD.

The work really matters; the MOD offers a range of engaging roles which have a direct impact on the quality of services they provide, in many locations across the UK. We support teams working in HR, Primary Health Care, Corporate Services, and many others.

To support the Ministry of Defence's Strategic Services Portfolio.

This is an exciting opportunity to join a high-profile programme, providing specialist financial management , cost accounting expertise , and analytical support across a complex defence environment.

Working closely with finance, project, and delivery teams, you will play a key role in investigating balance sheet positions, asset delivery schedules, cost modelling activities, management information reporting, and stakeholder engagement across a large-scale portfolio.

This role offers the opportunity to work on critical defence programmes while contributing to informed financial decision
-making within a highly secure environment.

PLEASE NOTE:
Active SC or DV Clearance is an essential requirement for this role, as a minimum you must be willing & eligible to undergo checks. Please note, due to the exceptional requirements of this position (short-term nature of this role and speed at which we require a postholder in situ) preference may be given to candidates who meet all of the essential criteria and hold active security clearance.

As a Financial Cost Accountant
, your main responsibilities will be to:

• Provide subject matter expertise and financial support to finance and project teams across the Strategic Services portfolio.
• Reconcile capital balances and Asset Delivery Schedules.
• Produce monthly, quarterly, and ad hoc management information (MI) to support financial requests, reporting requirements, and returns.
• Conduct detailed financial data analysis and investigations.
• Undertake financial deep dives across project areas to provide assurance and financial insight.
• Develop, maintain, and enhance cost models to support decision
  -making.
• Interpret and apply financial accounting standards to business scenarios and management information outputs.
• Lead monthly cost review meetings with key stakeholders.
• Support assurance activities, management reviews, and governance requirements.
• Work collaboratively across both finance and cost modelling teams, acting as a bridge between the two functions.
• Build strong relationships with…