Project Accountant

We are looking for a commercially aware Project Accountant to support the financial performance of projects across the business.

This role will act as a key link between Finance and Commercial teams, ensuring project costs, revenues, and cash flow are accurately managed, reported, and controlled. You’ll play a key part in supporting payment applications, managing debtors, and providing clear financial insight to support decision-making.

• Prepare monthly project accounts, ensuring accurate cost and income allocation
• Produce Cost Value Reconciliations (CVRs) with the Commercial team
• Monitor project performance against budgets and forecasts
• Complete balance sheet reconciliations and investigate variances
• Produce clear monthly reporting on project margins and cash position

• Support preparation and submission of client payment applications
• Reconcile applications to contract values and variations
• Track applications through to payment and flag delays or discrepancies
• Ensure alignment between applications and financial reporting

• Monitor and manage trade debtors across the business
• Maintain accurate debtor records and chase outstanding payments
• Produce aged debt reports and highlight risks
• Work with clients and internal teams to resolve queries quickly

• Act as the main finance contact for Commercial and Operations teams
• Attend project review meetings and support financial decision-making
• Provide insight and constructive challenge to project performance
• Support preparation of financial information for board reporting

• Support audit and statutory reporting requirements
• Ensure compliance with company policies and accounting standards

• Part-qualified or qualified accountant (CIMA, ACCA, ACA or equivalent)
• Experience in project or management accounting, ideally within construction, engineering, or a project-led environment
• Strong understanding of CVRs, cost control, and financial reporting
• Experience managing debtors and cash collection processes
• Confident working with non-finance stakeholders and explaining financial information clearly
• Highly organised with strong attention to detail and ability to manage multiple priorities
• Strong Excel and systems skills
• Experience in construction or contracting environments
• Knowledge of CIS or similar sector-specific requirements
• Experience working in a multi-entity business

• Key role supporting high-value projects across the business
• Opportunity to work closely with senior leadership and commercial teams
• Varied and hands-on role with real impact on project performance
• Collaborative and supportive working environment

• Based at Head Office with occasional site visits
• Involves working closely with finance, commercial, and operational teams
• Other duties may be required as part of the role

TMS Maritime is a leading marine and civil engineering company delivering specialist services across coastal and inland environments. We work at the point where engineering meets the water — supporting complex projects with skilled crews, modern vessels, and practical expertise. From marine construction to maintenance and response work, our teams operate in challenging, real-world conditions where safety, reliability, and teamwork matter.

Our people are at the heart of what we do. We combine industry experience with a flexible, down-to-earth approach, creating a working environment where individuals are trusted, supported, and given the opportunity to develop. At TMS Maritime, no two days are the same — and neither are the careers we build.