Project Accountant

Job Description:

Your impact We are seeking a Project Accountant to join our team in Yeovil, supporting the Senior Project Accountant in the financial management of significant, long-term contracts. The role will provide financial guidance and advice to programme leadership, ensuring robust financial controls and accurate budgeting, forecasting and reporting, in line with IFRS requirements and contractual obligations. In this role you will support the financial management of major, long-term contracts, including monthly financial reporting, forecasting and annual budgeting.

Represent Finance within allocated Programme Integrated Project Teams (IPT), providing financial insight, constructive challenge and robust financial control. Undertake contract analysis and reporting to support the Senior Project Accountant, Programme Manager and wider business reviews and decision‑making. Work collaboratively with other functional leads to drive effective programme performance and financial governance. Review and manage the timely delivery of contract forecasts under your responsibility, ensuring accuracy and robust forecasts to complete and outturn profitability, with clear understanding of risk register, opportunities and dependencies alongside senior project accountant and PM.

To include:

• Contract costs to complete along with associated schedules
• Cash forecasting and support to treasury management for the programme, income and expenditures
• All Profit and Loss and Balance Sheet items pertinent to the contract
• Milestone reporting
• Order Intake & Order Book forecasting

Provide timely and accurate month‑end financial reporting as appropriate, ensuring correct use of SAP in terms of contract structure and maintenance, and compliance with IFRS applications to enable performance reporting. Posting monthly cost and revenue journals in SAP as required. Working with colleagues in Italy to ensure financial consistency with reporting and forecasts, ensuring the consolidated programme position is correct. Working with business as necessary to support ad hoc requests from the Finance Management team.

Ensure compliance with SSRO and other contractual legal requirements, and support the delivery of cost certificates to the customer as required for these contracts. Support external and internal audit requirements. Undertake additional duties that will arise from time to time and are consistent with the nature of this role. Provide support and input to annual budget process as part of the team.

Maintain and ensure accurate data is presented in the Power BI database that provides timely reporting for the programmes. Provide financial awareness training to the IPT when required to hold aid wider knowledge of requirements. Provide cover for the senior project accountant when necessary.

Experience gained through qualification (relevant degree or studies) or qualified by experience would be preferred but not essential. Good business acumen with the willingness and drive to see through change. Interpersonal and team skills (ability to support in effectively communicating and interacting at all levels within the Company). Support in representing the company through engagement with customers and partners. Good critical thinker;

analytical skills; strong attention to detail. Ability to work on own initiative across cross functional teams. Demonstrable IT knowledge – Microsoft (Excel, Word etc.); ERP (preferably SAP) and associated reporting tools preferred but not essential. Flexible approach to work and ability to work to tight deadlines. This is not an exhaustive list, and we are keen to hear from you even if you might not have experience in all the above.

The most important skill is a good attitude and…