£40000 - £43000 Per year
Accountant
Permanent,Full-time
Job Description
- Responsible for performing intermediate level accounting duties of assigned projects, such as revenue recognition, transactional accounting, complex invoicing.
- Duties also include variance analysis on projects, interaction with Project Managers/Directors and ensuring that the position on projects is correct.
- Serves as a trusted business advisor to management related to financial insight and performance.
- Provides resolution of intermediate to complex issues.
- Ensures the project is in compliance with contractual obligations, as appropriate.
- Will generate, audit and distribute draft invoices and/or credit notes to Project Managers for review based on understanding of contract.
- Obtains appropriate approval and distributes accordingly.
- Researches and resolves complex invoice matters.
- Generates and reviews tax calculations to ensure accurate billing.
- Monitors cash collections for assigned project(s) by actively communicating aging risk to Project Managers/Directors to determine necessary collection actions.
- Provides regular updates on when cash receipt can be expected to Project Accounting Manager.
- Researches and responds to project related questions, including questions from management.
- Will produce adhoc and monthly reporting for assigned business area.
- Provides recommendation to primary internal clients.
- Will track risk and opportunities on assigned projects.
- Reviews assigned project and/or business area WIP report for accuracy, reporting, analysis and variance explanation for projects; identifies and communicates financial risk and opportunities.
- Maintains project budgets and forecasts through collaboration with Project Managers to aid accurate financial reporting.
- Works with Project Accounting Manager on annual budget and adhoc forecasting.
- Understands the project opening process within the business and the necessary documentation that is required alongside the expected metrics the business should be achieving.
- Understands the structures within the business and is able to demonstrate an understanding of how the different operate.
- Communicates project financial information to management for assigned project and/or business area. Identifies and communicates material variances.
- Compiles project financial data as required for assigned project and/or business area; notifies appropriate level of management with material variances.
- Supports evaluation, development and implementation of project accounting tools and procedures that enhance and improve overall results of assigned project and/or business area.
- May assist by providing documentation to support the proposal process.
- Complexity and volume includes at least one of the following: joint ventures, reporting in currencies other than domestic, major frameworks, multiple contracts, multiple task orders, and/or purchase orders.
Required Knowledge, Skills, and Abilities
- Intermediate Microsoft Word, Excel and PowerPoint
- Basic knowledge of (Excel)
- Basic knowledge of percent complete accounting
- Intermediate technical accounting knowledge
- Intermediate knowledge of Financial Statement analysis
- Basic knowledge of foreign currency terminology and concepts
Reference no: 107391