Project Accountant

Role Overview

The Project Accountant will ensure accurate and timely reporting of long‑term projects and services, covering both project performance and financial accounting in accordance with IFRS
15 and relevant standards. The role involves a robust challenge of costs to drive continuous improvement, implementing cost‑management best practices consistently across all projects, and proactively identifying cost variances and risk areas with mitigation strategies for project managers. Collaboration with project managers, bids, operations, supply chain, planning, project controls and commercial teams is essential. Long‑term projects range from 1 to 5 years and £1m to £30m in value.

The position is based in Inchinnan, Glasgow and may require travel to support bids and project teams.

• Preparation of detailed project baseline cost and revenue budgets and regular EAC reforecasts in collaboration with the project team and presentation of information to stakeholders.
• Perform Value of Work Done (VOWD) assessments throughout the project life cycle, compare to planned progress, identify and mitigate slippage, and escalates issues to management.
• Prepare and populate project‑specific forecasting and cost tracker models, highlighting performance improvements.
• Provide monthly project revenue and profit margin information, including inter‑company details for actuals, forecasts and the annual budget process in accordance with IFRS
  15.
• Prepare and document accounting papers to support the accounting treatment for the project, covering appropriate accounting standards and updating as required.
• Conduct cost variance and sensitivity analyses, identifying opportunities, risks and mitigations for the Project Manager.
• Ensure costs are correctly allocated to cost accounts/work orders, review coding of requisitions, purchase orders, contracts, invoices and variations, reconciling costs to the General Ledger and investigating variances.
• Facilitate and participate in lessons‑learned sessions on project delivery, providing feedback to relevant functions to improve future project delivery.
• Manage multi‑currency project reporting and FX exposure.
• Manage inter‑company recharges, cost allocations and project‑related billing.

• ICAS, ACCA or CIMA qualification.
• Proven track record in a similar role (e.g., Project Management Accountant, Cost Controller) and in industries such as Oil & Gas, engineering or manufacturing.
• Proficient user of Microsoft Excel.
• Experience with ERP systems such as Glovia, SAP, or Oracle.
• Experience working with multi‑currency projects.
• Understanding of inter‑company accounting and multi‑entity structures.
• Strong focus on quality and standard of financial outputs, and the ability to provide deeper financial insight through active business partnering.
• Analytical review skills with the ability to prioritise tasks and manage time effectively.
• Effective problem‑solving and excellent people‑management skills.
• Collaboration with team members, senior management, executives and external parties such as auditors.
• Clear communication of complex financial information in a comprehensible manner.

• Competitive benefits tailored to the division.
• Opportunities for career growth and visibility across the organisation.
• A supportive, inclusive culture that values your ideas and contributions.
• Work that truly makes a difference in safety, innovation and global capability.

James Fisher and Sons are committed to taking positive action on diversity, strongly encouraging applications from all backgrounds. We are proud to be a Disability Confident employer and recognise that our success depends on a talented and diverse workforce.