Project Accountant in London, Greater London
Posted by Electus Recruitment Solutions
Pay not stated
London · Permanent
Project Accountant – Engineering & Manufacturing Location: London | Hybrid working, 2–3 days per week in the office
Salary: Competitive, dependent on experience
Are you a Project Accountant who enjoys working closely with engineering, manufacturing and project delivery teams rather than being purely office-based within a finance function?
We are recruiting for a growing engineering and defence technology business developing advanced unmanned systems. The company works with specialist manufacturing and supply chain partners across the UK and Europe and is expanding its project delivery capabilities.
Reporting to the Financial Controller, you will play an important role in managing project finances, working closely with Project Managers, procurement teams and external suppliers to ensure accurate cost control, financial reporting and forecasting.
This is a hands-on position where you will help the business understand project expenditure, supplier commitments, financial risks and the likely costs of completing complex engineering programmes.
Key Responsibilities
- Manage project budgets, actual costs, financial commitments and ongoing forecasts.
- Work closely with Project Managers and Supply Chain teams to monitor expenditure across engineering and manufacturing projects.
- Act as a financial interface with external manufacturing partners and suppliers, ensuring accurate visibility of costs, purchase orders and invoicing.
- Produce project financial reports, including budget versus actuals, cost-to-complete forecasts, variances and project margins.
- Identify financial risks associated with supplier delays, engineering changes, manufacturing costs and project delivery.
- Support month-end reporting, reconciliations, accruals and work-in-progress analysis.
- Maintain accurate financial information within the company's ERP system and support improvements to financial processes and reporting.
- Experience in project accounting, management accounting or project financial control.
- A background in engineering, manufacturing, aerospace, defence, automotive or another project-led business, ideally.
- Strong financial analysis, budgeting, forecasting and cost control skills.
- Experience working directly with Project Managers, procurement teams and operational stakeholders.
- Good ERP systems experience, ideally Microsoft Dynamics 365 Business Central, although other systems will be considered.
- Strong Excel skills and the ability to analyse and explain complex financial information.
- A commercially aware, organised and proactive approach.
Accounting qualifications such as CIMA, ACCA or AAT would be beneficial, although relevant practical experience will also be considered.
The Opportunity This role offers the chance to join a growing engineering business working on technically demanding products and programmes.
You will work directly with the Financial Controller and project delivery teams, helping strengthen financial controls, improve cost visibility and establish effective financial reporting as the business expands.
The position would suit a Project Accountant who enjoys taking ownership, building relationships across different functions and working in a fast-moving engineering environment.
Security Clearance Due to the nature of the defence-related work, the successful candidate may be required to obtain UK Security Check (SC) clearance.
Apply If you have experience in project accounting or project finance and would like to work more closely with engineering and manufacturing operations, please apply with your CV or contact Electus Recruitment Solutions for a confidential discussion.
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