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Project Accountant

Posted: 29 Jun 2020 Closes: 6 Jul 2020
Birmingham Competitive
Permanent & Full-time HS2_20000437

As a Project Accountant at HS2 you will provide financial support and analysis to Finance Business Partners in supporting the organisation to achieve its financial targets and deliver value for money within the available budgets.

About the role:

The Finance Team is responsible for managing all aspects of the day to day finances of HS2 Ltd. It collects grant funding from the Department for Transport (DfT) which allows HS2 Ltd to pay its staff and suppliers. It applies financial control, cost assurance, and provides analysis and planning.

Month End

  • Support the Project Finance Business Partner in undertaking monthly and quarterly reviews with Budget holders, Cost Managers and Commercial Managers to challenging variances to agreed business plan or forecast and recommending appropriate corrective actions
  • Work with HS2 Commercial, Cost Managers and Contractor's Finance leads to improve accuracy of Actual Cost of Work Performed (ACWP), expenditure and cash forecasts
  • Drive the month end process for the business area ensuring a strong control environment is maintained and that accruals are appropriately challenged and evidenced
  • Monitor the alignment of project and financial data systems and provides corrective action where necessary
  • Provide monthly and ad-hoc reporting and analysis to support project stakeholders in keeping their financial expenditure within their agreed targets
  • Reviews and monitors project liabilities and maintains appropriate provisions in the accounts.
Business Planning and Forecasting
  • Support the Project Finance Business Partners during the annual business planning and quarterly forecasting process to establish recommended phased forecasts in line with planned programme delivery.
Change and Investment business cases
  • Support the delivery teams in the creation of Change and Investment papers by providing robust financial information and testing the proposals are clearly articulated prior to Project Finance Business Partner review.
General

  • Provide advice and guidance on the application of IFRS Standards and government finance procedures to budget holders and project team members
  • Provide guidance to the project team on the use of the ERP system
  • Provide ad-hoc analysis and support the Project Finance Business Partner and wider finance team including support to the yearend audit process
  • Actively promote and embed Equality, Diversity and Inclusion (EDI) in all your work and support and comply with all organisational initiatives, policies and procedures on EDI.


Qualifications:

About You:
  • Ability to work as part of a project team in a matrix structure
  • Ability to use Excel spreadsheets (or equivalent package) to analyse large and complex data sets and provide useful management information
  • Qualified accountant, with a recognised body
  • Knowledge of SAP / Oracle accounting systems or other similar ERP systems
  • Experience in a Project environment
  • Experience in providing financial information to inform project decisions, recognising consequence against cost, schedule and quality
  • Experience in business planning, forecasting experience within a project environment
  • Experience of preparing financial reports
  • The post-holder is expected to behave at all times in a manner consistent with the HS2 values of Safety, Leadership, Integrity and Respect.
It is expected that you will actively promote and embed Equality, Diversity and Inclusion (EDI) in all your work and support and comply with all organisational initiatives, policies and procedures on EDI.

We ask for a variety of detail in your online application, however we perform the first assessment of suitability for a role based solely on the information in your CV. Please attach an updated word version of your CV for each new application and include evidence directly related to the criteria in the job advert.

About Us:

High Speed 2 (HS2 Ltd) will be the UK's new high speed rail network. As well as improving capacity, the new scheme will shorten journey times between a number of Britain's major population centres, boost the economy and create thousands of jobs.

HS2 Ltd will create a skills legacy and develop a diverse range of talent. We aim to be a leader in EDI practice by creating a safe & inclusive working environment for all our staff - living our values of Safety, Respect, Integrity and Leadership.

In practice, this means we are positive and inclusive about making adjustments, providing flexible working, encouraging our staff networks to flourish and providing personal and professional development opportunities.

HS2 Ltd is also a safety-critical organisation. Employees are required to ensure reasonable care of their own and others' health and safety by taking personal responsibility for working to our 'Safe at Heart' programme principles and following safe working procedures at all times.

HS2 Ltd endeavours to ensure everyone working for us and with us feels included, thrives and achieves their full potential.

High Speed 2

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