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Project Cost Accountant

Project Cost Accountant

  • Location

    London, England

  • Sector:

    Part-qualified & Transactional Finance

  • Job type:

    Permanent

  • Salary:

    £30000 - £40000 per annum

  • Contact:

    Daniel Block

  • Contact email:

    danielb@cedarrecruitment.com

  • Job ref:

    JO0000007200_1562937567

  • Published:

    4 months ago

  • Expiry date:

    2019-07-11

  • Startdate:

    12/07/2019

  • Consultant:

    #

Cedar is currently recruiting a Project Cost Accountant for a renowned hospitality and leisure brand based in West London.
The company brand is well-known across the UK, enjoys a fantastic reputation, and offers a fantastic working environment along with some great benefits.


KEY OBJECTIVES

Partnering with Production Project Delivery Team in quoting and budgeting for production projects.
Accurate tracking, control and reporting of production projects in order to identify potential risks/issues and highlight at the earliest opportunity to key stakeholders.
Ensure prompt invoicing to ensure that work in progress is recovered.
Prepare accurate project summary reports and provide insightful variance analysis.


MAIN RESPONSIBILITIES

Project tracking
·Quoting / budgeting - working with stakeholders to ensure quotes and budgets are prepared timely, complete and accurate, using dates and history to challenge/ensure consistency across projects / regions.
·Liaising with customers to ensure PO's are raised in a timely manner as well as documenting any change orders.
·Work closely with Project Managers and Modelshop managers to challenge project budgets, ensuring costs to date and forecast are accurate and as cost efficient as possible.
·Work with stakeholders to benchmark 'standard' build costs on projects and ensure pricing/specification consistency between different projects and regions.
·Ensure that all production project workbooks are maintained to reflect all contracted financial commitments (contracts, change orders, purchase orders etc.) and are reviewed regularly with Project Managers to ensure forecasted outturns are in line with current data.
·Undertake monthly reconciliation of project valuation and support the Production Analyst in the calculation of work in progress and in reconciling project summary to the P&L, interpreting key variances.
·Alert key stakeholders to any material variations and trends through regular status review meetings and monthly finance reviews, enabling good pro-active decision making.
·Manage work in progress to ensure balances are accurate and recoverable.
·Ensure projects are closed off and invoiced in a timely manner. Support production with commercial invoicing / customs declarations.
·Provide detailed project costs to the attractions to ensure that fixed assets are accurately recorded in the books of the Attraction in a timely manner.
Other
·Working closely with Finance Business Partner - Production and Production Analyst.
·Assist with preparation of monthly reporting for review by Head of Finance.
·Apply experience of project accounting and knowledge of accounting standards to confirm project costs are valid and booked correctly.
·Continue to focus on improving processes and reporting to ensure they fit changes to the Merlin business.

SKILLS, EXPERIENCE & QUALIFICATIONS
·Newly Qualified Accountant or Finalist.
·Expertise in financial analysis.
·Advanced Excel skills and an aptitude for learning systems quickly.
PERSONAL QUALITIES
·Strong communication skills with the ability to communicate with all levels, across global locations, including non-financial decision makers and Senior Management, being able to challenge when needed.
·Ability to work independently, manage own workload and prioritise multiple projects at different stages with significant numbers of stakeholders.
·Self-starter who actively seeks continual improvements