Project Accountant

Project Accountant

• Annual Salary: £50,000 - £55,000 per annum plus benefits
• Location: Central London
• Job Type: Full-time, 14-month fixed-term contract initially

Reed Finance is excited to partner exclusively with a leading infrastructure investment and asset management firm in London to recruit a dedicated Project Accountant. This role offers a unique opportunity to manage financial operations within several high-profile infrastructure projects.

Role Overview:

The Project Accountant will report directly to the Group Finance Manager and play a pivotal role in the financial management, administration, and reporting of the projects. This position is ideal for someone who has a broad accounting background and is eager to take full ownership of project accounting processes.

Ideal Profile:

This position is ideally suited for a newly or recently qualified Accountant (ACA/ACCA/CIMA or equivalent), although finalists will also be considered. Candidates should have strong accounts preparation experience and a background in managing multiple infrastructure or PFI/SPV related projects.

Day-to-Day Responsibilities:

• Ensure compliance with all contractual, statutory, and regulatory frameworks.
• Manage the full cycle of project processes, from processing invoices and VAT returns to preparing presentations for SPV Project Directors.
• Oversee the business planning and financial model updates, including reconciliations and presentations to the Board.
• Conduct rolling cash flow analyses to ensure adherence to contractual covenants and update financial models as needed.
• Collaborate with Asset Managers on SPV related matters, including lifecycle and quote models.
• Maintain relationships with key stakeholders such as Asset Management, the Board, Treasury Team, and external advisors.
• Prepare annual budgets, quarterly management accounts, and Board reports.
• Present financial reports at Board meetings.
• Manage the statutory audit process and secure approval of statutory accounts.
• Advise the Board on financial risks and opportunities and recommend strategic actions.

Required Skills & Qualifications:

• Newly/Recently Qualified Accountant (ACA/ACCA/CIMA or equivalent), finalists considered.
• Experience in a similar role, preferably within infrastructure, investment, or asset management sectors.
• Strong understanding of financial management and reporting requirements.
• Experience with PFI or PPP projects highly regarded.
• Excellent communication and interpersonal skills for effective stakeholder management.
• Proficiency in relevant financial software and systems.
• Ability to manage multiple projects and meet deadlines.
• Strong analytical skills and meticulous attention to detail.

Benefits:

• Competitive salary package.
• Opportunities for professional growth and development within a dynamic and supportive work environment.
• Enhanced pension scheme.

Application Process:

To apply for this Project Accountant position, please submit your CV and a cover letter detailing your relevant experience and your motivation for applying for this role.