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Cost Accountant, FP&A Analyst, Project Cost Accountant

Robert Half
Posted 7 days ago, valid for 16 days
Location

Birmingham, West Midlands B27 6QS, England

Salary

£30,000 - £36,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • We are seeking experienced Management Accountants, Cost Accountants, Finance Analysts, FP&A Analysts, or Project Cost Accountants to support financial accuracy and efficiency in project management.
  • The role offers a salary range of £36k to £52k depending on experience, requiring a strong analytical background and proactive financial management skills.
  • Candidates should have a degree in Engineering or Finance and demonstrate experience in cost control, project controls, or project management, particularly in complex infrastructure projects.
  • Key responsibilities include budget management, cost validation, financial reporting, and risk mitigation in a contracting or project environment.
  • This position is ideal for detail-oriented financial professionals who can effectively oversee project budgets and provide transparent financial data.

We're supporting a well-regarded business in the search for skilled Management Accountants, Cost Accountants, Finance Analysts, FP&A Analysts or Project Cost Accountants, responsible for creating, analysing, and validating financial reports that support project managers in achieving financial accuracy and efficiency. This role requires an experienced individual capable of managing cost performance and financial reporting in a contracting or projects environment.

Position: Management Accountants, Cost Accountants, Finance Analysts, FP&A Analysts or Project Cost Accountants

£36k to £52k depending on experience

We are recruiting a Management Accountants, Cost Accountants, Finance Analysts, FP&A Analysts or Project Cost Accountants who will be pivotal in maintaining financial control and accountability within project budgets and costs. The role requires an individual with strong analytical skills and a proactive approach to financial management in a project-based environment.

Key Responsibilities and Accountability's:

  • Budget Management: Maintain and update project cost-to-complete budgets to align with the original scope and as-sold financial position, working closely with budget holders. Ensure budgets are updated to reflect actual project progress and trends.
  • Forecasting and Cost Validation: Assist in estimating forecasts and validate actual costs incurred, including materials, labour, production costs, supplier invoices, and travel expenses. Ensure data accuracy in all cost records.
  • Budget Challenge and Analysis: Critically assess the project's budget at completion by analysing productivity, earned value, cost ratios, and market trends. Validate the accuracy of budget estimates and identify areas for adjustment.
  • Risk Mitigation and Recovery Plans: Develop recovery or mitigation plans in collaboration with project managers and functional leaders, ensuring alignment with project timelines and budgets to manage financial risks.
  • Cost Control and Monitoring: Monitor and control cost fluctuations, comparing these against the current project scope, progress, and previous forecasts. Ensure all financial data reflects up-to-date information on cost movement.
  • Financial Reporting and Transparency: Provide clear and transparent financial data, presenting cost status, budget deviations, and root causes at project and management reviews. Communicate financial risks and forecasts to budget holders.
  • Reconciliation with Finance: Coordinate with the Finance Controller to ensure alignment between project financial data and the official books.
  • Schedule Alignment and Sales Pacing: Work with the project planner to align costs and schedules, ensuring accurate time-phased cost forecasts and supporting overall sales pacing.
  • Claims and Dispute Support: Provide support for claims analysis and dispute resolution, ensuring that any financial discrepancies are well-documented and justified.

Qualifications and Experience:

  • Educational Requirements: Degree in Engineering (with strong financial knowledge) or Finance (with familiarity with project scopes, particularly for high-voltage substations).
  • Professional Experience: can demonstrate experience in cost control, project controls, or project management, especially on large, complex, or turnkey infrastructure projects.
  • Risk Management: Proficient in using risk management tools and differentiating cost estimates based on their reliability and associated risk factors.

This role is ideal for a detail-oriented financial professional who can bring both analytical skills and practical financial oversight to our project teams. If this aligns with your expertise, we encourage you to apply.

Robert Half Ltd acts as an employment business for temporary positions and an employment agency for permanent positions. Robert Half is committed to equal opportunity and diversity. Suitable candidates with equivalent qualifications and more or less experience can apply. Rates of pay and salary ranges are dependent upon your experience, qualifications and training. If you wish to apply, please read our Privacy Notice describing how we may process, disclose and store your personal data: gb/en/privacy-notice

Security alert: scammers are currently targeting jobseekers. Robert Half do not ask candidates for a fee or request candidates to send applications through instant messaging services such as WhatsApp or Telegram. Learn how to protect yourself by visiting our website: gb/en/how-spot-recruitment-scams-and-protect-yourself

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.