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Project Accountant

Job in Ipswich, Suffolk County, IP1, England, UK
Listing for: Willis Re (UK) Limited
Full Time position
Listed on 2026-06-20
Job specializations:
  • Finance & Banking
    Financial Analyst, Financial Reporting, Financial Manager
Salary/Wage Range or Industry Benchmark: 40000 - 60000 GBP Yearly GBP 40000.00 60000.00 YEAR
Job Description & How to Apply Below

The Role

The Project Accountant is responsible for establishing a combination of robust project finance processes across Willis Re’s project portfolio, acting as a key business partner to the Chief of Staff and Group CIO. The role also incorporates technical accounting responsibilities for cost capitalization, identification and capturing of the information required to support UK R&D tax credit claims, ensuring compliance with HMRC requirements and maximization of eligible relief.

Additionally, the role will oversee the design and implementation of the Workday Financials project module, delivering system tools and processes for accurate financial management and oversight of projects, including budgeting, forecasting, cost control, and reporting.

Key Responsibilities
  • Process owner for project management financial control and reporting, including budgeting, forecasting and capitalisation.
  • Design and business implementation of the Workday Project module.
  • Provide training, user guides and obtain business acceptance of project financial processes.
  • Establish framework for determining the requirements, capturing the data and supporting the claim process for R&D tax credits in the UK.
  • Work with tax support to optimise the tax efficiency of projects, including assessment of global resource deployment, contracting and tax credit maximisation.
Skills & Experience
  • Qualified accountant (ACA / ACCA / CIMA)
  • Strong technical accounting knowledge in IAS 38, IFRS 15, and FRS 102.
  • Project accounting or business partnering experience.
  • Experience with system implementations, especially project management systems.
  • Advanced Excel skills.
  • Monthly reporting and performance analysis.
  • Preparation and optimisation of UK R&D tax credit claims (SME / RDEC).
  • Budgeting, forecasting, and financial modelling.
  • Strong internal controls.
  • Stakeholder engagement and business partnering.
Key Competencies
  • Analytical mindset.
  • Attention to detail.
  • Strong communication skills.
  • Commercial awareness.
Performance Measures
  • Full adoption of project finance processes across the portfolio.
  • Forecast accuracy.
  • Successful R&D claims.
  • Stakeholder satisfaction, including the TMO/PMO team.
Equal Employment Opportunity & Diversity Statement

We provide equal opportunity to all qualified individuals regardless of race, colour, religion, age, gender, gender expression, national origin, veteran status, disability, orientation, or any other legally protected categories. If you have a need that requires accommodation, please email us at t. We are committed to fostering a diverse, inclusive, and flexible work environment.

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