Project Accountant

Project Accountant

Location: Dorset Innovation Park, Winfrith

Duration: 12 months contract position

We are looking for a Project Accountant to play an integral role in the ATLAS ELEKTRONIK UK Finance team, providing the business with support and guidance and assisting in the development of tools to predict, report & maintain project and financial performance

Outline of knowledge, skills and personal qualities required across the range of roles and examples of the types of application shown below. Training and development relating to the specific job role will be provided.

Knowledge, skills and experience

• Ideally suits an individual with professional accounting qualifications (e.g. ACCA / CIMA) although this is not essential and is relevant to an individual with relevant experience;
• In depth experience of Project Accounting with specific knowledge of IFRS15 and contract accounting.
• Experience working directly in an operational/financial environment, ideally within an engineering organisation in defence/production industry sector.
• Excellent IT skills, in particular Microsoft Excel and other Microsoft/Windows application experience with potential to contribute to process and reporting improvements.
• Knowledge of SAP 4HANA, SharePoint and Microsoft Project is advantageous

Key accountabilities may include

To play an integral role in the ATLAS ELEKTRONIK UK Finance team, with the ability to plan, predict, maintain and present periodic project and financial performance following recognised accounting standards;

• Maintenance of Project, Contract and cost data in ERP and preparation and control of contract related Sales Invoices.
• Control of project accounting through setting of approved project financial performance targets.
• Work closely with budget holders to assist them in their decision making, provide guidance on finance related issues and feedback on actual performance and deviations from targets.
• Adoption of appropriate revenue recognition policies associated with long-term contracts.
• Delivery of accurate, timely results for periodic orders, revenue and profit trading.
• Support bid phase reviews, providing advice on rates and profit application, cash-flow and financing costs and support subsequent price audits.
• Preparation of general ledger journals necessary for the production of monthly accounts and maintain records in accordance with relevant accounting legislation, professional standards and Group Accounting Policies, including key cost accruals and relevant balance sheet reconciliations.
• Assist in the valuation and control of Assets, Stock and Work in Progress to ensure all inventory is accounted for appropriately.
• Assist in provision of periodic reporting to present key financial and operational AEUK performance
• Contribute to the continuous improvement of project accounting through development of new and existing tools, reporting and processes.

Challenges

• Use of designate ERP system and supporting business toolset.
• Calculation and interpretation of relevant financial KPI's.
• Ability to prioritise to meet deadlines.
• Confidence to challenge and willingness to adapt.
• Developing relationships and processes to drive performance

Behavioural requirements

• Ability to work unsupervised, under own initiative with the drive to influence and improve project reporting and performance.
• Able to present and communicate financial information succinctly using recognised tools and techniques.
• Prepared to multi-task and work flexibly to achieve deadlines.
• Ability to interpret technical, engineering and operational issues and relate these back to delivery implications.
• Ability to challenge forecasts and identify and highlight conflicts of data.
• Ability to work in a team and to develop an empathy with colleagues, understanding their roles and priorities.
• Aptitude for learning and continuous improvement.

With a reputation for providing innovative underwater systems for the Royal Navy (RN) and export customers, AEUK operates from their Headquarters on the Jurassic Coast in Dorset. Through science, engineering and R&D we convert data into information, knowledge and capabilities that challenge the status quo, and offer winning advantage at the frontline.

Our people are at the heart of our success, an open and stimulating workspace empowers and encourages our people to be creative and act with integrity. Despite our continued growth, AEUK pride ourselves on retaining a friendly and welcoming culture.

At Atlas Elektronik UK, we support our staff to create work-life balance and encourage applications from individuals who are looking for part time or condensed hours as well as full time opportunities.

The successful candidate must be able to achieve full SC (Security Clearance).