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.