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Telecoms Project Accountant

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Job Description - Telecoms Project Accountant

We are partnering with an established manufacturer currently recruiting for a Telecoms Project Accountant base in Braintree, Essex.

The role involves supporting the Telecoms team through strong financial management of multiple projects.

Key Responsibilities

  • Assist in managing the finances of telecoms projects, ensuring accurate accounting and timely reporting.
  • Support preparation of project budgets, forecasts, and ongoing cost tracking.
  • Monitor project expenditures versus budgets and report variances to the Operations team.
  • Track project-related expenses to ensure alignment with budgets and contractual terms.
  • Help analyse cost trends and provide insights on overruns, savings, or risks.
  • Collaborate with project managers to ensure proper cost allocation throughout project lifecycles.
  • Support calculation and recognition of project revenue per applicable accounting standards.
  • Ensure timely project billing and correct revenue recording based on milestones and contracts.
  • Maintain accurate project accounting records, including posting invoices, costs, and revenues.
  • Assist with month-end and year-end closing activities such as reporting, reconciliations, and accruals.
  • Help prepare project financial statements and internal reports for senior management.
  • Prepare periodic project reports covering budget vs. actuals, profit and loss, cash flow projections, and key performance indicators.
  • Support financial data preparation for internal and external audits related to telecom projects.
  • Conduct regular audits to ensure data accuracy and reduce financial risk.
  • Manage internal reporting to stakeholders including management, investors, and external bodies.
  • Liaise with project managers, engineers, and external parties to provide financial insights and project status updates.
  • Facilitate communication between finance and operations teams to align on project financial goals.
  • Assist in resolving project-related financial queries from teams and suppliers.

Skills Required

  • Solid understanding of project accounting principles and financial management.
  • Experience in budgeting, forecasting, and cost control within project environments.
  • Knowledge of revenue recognition standards and billing processes.
  • Proficiency in maintaining accurate accounting records and supporting month-end/year-end closings.
  • Strong analytical skills with the ability to interpret financial data and generate reports.
  • Excellent organisational skills with strong attention to detail and accuracy.
  • Effective communication and interpersonal skills to collaborate with cross-functional teams and stakeholders.
  • Proficient in Microsoft Excel and financial software tools.
  • Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
Original job Telecoms Project Accountant posted on GrabJobs ©. To flag any issues with this job please use the Report Job button on GrabJobs.
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