Project Accountant
Posted 2 weeks ago by Bilfinger UK
Negotiable
Undetermined
Onsite
Aberdeen, Scotland, United Kingdom
Summary: The Project Accountant role at Bilfinger UK involves managing contract financial performance, preparing management accounts, and ensuring compliance with commercial terms. The position requires collaboration with various teams to support financial deliverables and optimize project performance. The role is based in either Aberdeen or Warrington and focuses on enhancing asset efficiency across multiple industries. Candidates should have relevant financial experience and strong analytical skills.
Key Responsibilities:
- Provide visibility on Contract Financial Performance including the preparation of monthly management accounts.
- Assist with the identification and management of contract variations.
- Submission of annual rates uplifts.
- Assist in re-negotiation of revised contract terms.
- Carry out audits and reviews to identify and implement potential commercial improvements.
- Assist in preparation and resolving claims to ensure suitable controls are in place in support of financial deliverables.
- Ensure compliance with company policies, processes, and procedures related to the management of commercial aspects.
- Familiarize with relevant Contract Commercial Terms and Conditions and monitor compliance.
- Support operations teams in executing contracts related to financial and overall performance against agreed budgets.
- Collate contract budgeting/forecasting information and check the integrity of information provided.
- Assist Project Manager in developing processes/systems for client-specific requirements.
- Assist Business Delivery Managers in preparing monthly cost/value reports and conduct analysis, review, and feedback.
- Interface with Business Managers, Invoicing, Accounts, Procurement, and Tendering.
- Collaborate with Procurement Team on project-specific aspects outside Master Supplier/Sub-Contract Agreements.
- Collate relevant start-up information for jobs/phases.
- Review and control minor estimates or CTRs within existing contracts.
- Assist in preparation of valuations on Fixed Price jobs.
- Monitor and provide feedback on KPI performance and highlight areas for improvement.
- Provide detailed analysis of completed projects to highlight areas of learning.
- Review all invoices for completeness and correctness prior to submission to Client.
- Attend client forecasting, cost reporting, or contract review meetings.
Key Skills:
- Proven track record in a similar role.
- Experience in a fast-paced work environment.
- Possess a finance degree or be working towards a recognized accounting qualification or have suitable relevant experience.
- Problem solver.
- Self-starter and team player.
- Relationship builder.
- Commercial awareness.
- Ability to work under pressure and to deadlines.
- Strong communication skills.
- Knowledge/previous use of SAP.
Salary (Rate): undetermined
City: Aberdeen
Country: United Kingdom
Working Arrangements: on-site
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Finance
Job ID: 65867
Project Accountant
Project Accountant
Aberdeen or Warrington, ABE, GB, AB22 8SD
Aberdeen or Warrington, ABE, GB, AB22 8SD
Onsite Work
Job ID: 65867
Aberdeen or Warrington AB22 8SD GB
Project Accountant
Location: Aberdeen or Warrington
Bilfinger UK is a leading engineering and maintenance provider, supporting customers across the chemical & petrochemical, nuclear, oil & gas, pharmaceuticals & biopharma, power & energy, utilities, renewables and food & beverage markets. We enhance the efficiency of assets, ensuring a high level of availability and reducing maintenance costs. We have extensive experience in offshore and onshore facilities; specialising in asset management services throughout all life cycle phases from consulting, engineering, manufacturing, assembly, operations, maintenance, and decommissioning. This commitment is delivered by an experienced and highly competent workforce of over 4,500 employees operating from 14 offices in strategic industrial hubs, upholding the highest standards of safety, compliance and quality.
Main Responsibilities
- To provide visibility on Contract Financial Performance including the preparation of monthly management accounts
- To assist with the identification and management of contract variations
- Submission of annual rates uplifts
- Assist in re-negotiation of revised contract terms
- To carry out audits and review as necessary, to assist with the identification and implementation of potential commercial improvements
- Assist in preparation and resolving claims to ensure suitable controls are in place in support of financial deliverables
- To ensure compliance with company policies, processes and procedures related to the management of commercial aspects
- To study and familiarise oneself with relevant Contract Commercial Terms and Conditions and monitor to ensure compliance with these
- Supporting operations teams in the execution of contracts related to financial and overall performance against agreed budgets and preparation of reports in accordance with Company procedures
- Collation of contract budgeting/forecasting information and check on integrity of information provided to ensure dependability of information provided
- Assist Project Manager in the development of appropriate processes/systems to cater for client specific requirements with regards to detailed cost breakdowns
- To assist Business Delivery Managers in the preparation of monthly cost / value reports and to conduct subsequent analysis, review and feedback
- To interface with Business Managers, Invoicing, Accounts, Procurement, Tendering
- Interface with Procurement Team on any project specific aspects that fall out with Master Supplier/Sub-Contract Agreements
- To collate all relevant start-up information for jobs/phases
- Review and control of minor estimates or CTRs within existing contracts
- To assist in preparation of valuations on Fixed Price jobs
- Monitor and provide feedback relative to KPI performance and highlight areas where improvement is necessary to optimise financial return
- Provides detailed analysis of completed projects to highlight areas of learning
- To review all invoices for completeness and correctness prior to submission to Client
- Attending client forecasting, cost reporting or contract review meetings
Experience & Qualifications
- Proven track record in a similar role.
- Experience in fast paced work environment.
- Possess a finance degree or be working towards a recognised accounting qualification or have suitable relevant experience working in a similar Commercial or Financial role
- Problem Solver
- Self-starter and team player
- Relationship builder
- Commercial Awareness
- Ability to work under pressure and to deadline
- Communication skills
- Knowledge/previous use of SAP
If you wish to speak to a member of the recruitment team, please contact 01224 246246.
General Management | Bilfinger UK Limited | Permanent | White-collar workers | Professional | Finance & Controlling
Bilfinger UK Limited
Finance & Controlling
Permanent
Professional
Bilfinger Office
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