Project Accountant

The role

A leading real estate and hospitality operator seeks an experienced Project Accountant/Coordinator to manage the financial aspects of construction and development projects. This role is vital in ensuring projects' financial success, requiring close collaboration with commercial teams to maintain precise financial oversight throughout all stages.

Collaborating closely with the construction leader, this role also reports directly to the owner. We're seeking a strong personality with extensive construction experience, capable of effectively managing contractors and overseeing complex projects. Key responsibilities include handling VAT compliance and related reporting. This position is deeply embedded in the construction domain, requiring a proactive and confident professional who can navigate challenges with expertise.

Key Responsibilities:

Detailed Financial Records Management: Maintain accurate and organised records of project costs, income, and financial data.Invoice Review and Approval: Collaborate with the Commercial Director to verify supplier invoices, ensuring alignment with contract terms and project budgets.Financial Reporting and Analysis: Generate regular reports on project financial performance, including budgeting, forecasting, and variance analysis.Budget Monitoring: Track project budgets and financial performance to identify and address discrepancies.Variance Investigation: Examine differences between budgeted and actual costs, recommending improvements for financial efficiency.Collaboration: Work with internal teams, contractors, and suppliers to ensure effective financial operations and smooth communication.Compliance Oversight: Ensure all construction projects adhere to the Construction Industry Scheme (CIS) and other regulatory standards.Support Decision-Making: Provide actionable financial insights and respond to project-related queries for senior management.

Required Skills and Experience:

Proven experience in project accounting or financial management within the construction or hospitality sectors.Comprehensive knowledge of the Construction Industry Scheme (CIS).Proficiency in financial software, budgeting, and reporting tools.Exceptional organisational skills with the ability to manage multiple projects simultaneously.Strong analytical and problem-solving skills with attention to detail.Excellent communication skills and the ability to collaborate across teams effectively.