Project Accountant

Job Advert: Project Accountant (Contract)Location: Remote with occasional travel to County Hall, TauntonRate: £400 per dayStart Date: 14th April 2025End Date: 29th August 2025Hours: 37 hours per week

About the RoleSomerset Council is looking for an experienced and dedicated Project Accountant to join their team for a contract role, focusing on the financial management of various Economic Development Regeneration Capital projects. As a Project Accountant, you will be responsible for overseeing project finances, ensuring accurate budgeting, financial reporting, and maintaining compliance with relevant regulations. This is an exciting opportunity to make a real impact in the public sector and contribute to the delivery of important capital projects.

Key Responsibilities

• Develop and manage capital project budgets, ensuring alignment with overall financial goals.

• Monitor project performance and provide regular financial reports to stakeholders.

• Conduct financial analysis to identify trends, variances, and risks, and implement corrective actions as needed.

• Ensure compliance with financial regulations and council policies.

• Provide financial guidance and support to project teams, helping to deliver projects on time and within budget.

• Prepare financial performance reports for senior management.

• Facilitate the integration of financial processes across multiple projects.

• Conduct post-project reviews to identify lessons learned and improve future project financial management.

• Promote continuous improvement in financial management practices.

Requirements

• Qualifications: Bachelor's degree in Accounting, Finance, or a related field. Professional certification (e.g., ACCA, CIMA) and project management certification (e.g., PMP, PRINCE2) are preferred.

• Experience: Proven experience in accounting and financial management, ideally within the public sector. Experience managing project finances, preparing reports, and collaborating with cross-functional teams.

• Skills: Strong analytical, organisational, and time management skills. Proficiency in financial software and tools. Excellent communication skills and the ability to work independently and within a team.

• Knowledge: Strong understanding of accounting principles, project management methodologies, financial regulations, and compliance.