Job Description:

Project Accountant

Devon | Office-Based

Start Date: ASAP
Salary: Competitive + Benefits

St David Recruitment are delighted to be recruiting on behalf of a growing and successful organisation for an experienced Project Accountant to join their Head Office team in Devon.

This is an excellent opportunity for a commercially minded finance professional to take ownership of project financial reporting and performance across a diverse portfolio of contracts. Working closely with senior management, commercial teams, and operational stakeholders, you will play a key role in ensuring projects are accurately monitored, reported, and financially controlled throughout their lifecycle.

The successful candidate will be responsible for delivering high-quality project accounting, supporting cash flow management, monitoring project profitability, and providing valuable financial insight to support business decision-making.

This position would suit a part-qualified, finalist, or fully qualified accountant who enjoys working within a project-led environment and is confident building relationships across both finance and operational teams.

The Role

As Project Accountant, you will act as a key link between finance and commercial operations, ensuring project performance is accurately reflected within the financial reporting framework.

You will be responsible for monitoring project costs, revenues, cash flow, and profitability while supporting the preparation of commercial reporting and helping to drive strong financial controls across the business.

This is a varied and hands-on role requiring excellent analytical skills, strong attention to detail, and the ability to manage multiple projects and deadlines simultaneously.

Key Responsibilities

Project Financial Reporting

Prepare and maintain monthly project accounts, ensuring income and expenditure are accurately recorded and allocated

Support the production of Cost Value Reconciliations (CVRs), working closely with commercial stakeholders to review project performance

Analyse project profitability, margins, forecasts, and cash positions, highlighting risks and opportunities to senior management

Review project performance against budget and forecast expectations, providing clear commentary on variances

Complete balance sheet reconciliations relating to project activities and investigate any discrepancies

Produce regular project reporting to support operational and strategic decision-making

Commercial Support & Revenue Management

Assist with the preparation and review of client payment applications, ensuring supporting documentation is complete and accurate

Monitor submitted applications and track progress through to certification and payment

Reconcile contract values, variations, and applications to ensure income recognition remains accurate

Support the wider commercial team with financial analysis and reporting requirements

Help ensure revenue reporting reflects the true commercial position of each project

Credit Control & Cash Flow

Monitor outstanding customer balances and support effective debt recovery processes

Work closely with commercial teams to resolve invoice queries and payment disputes

Maintain accurate debtor records and provide regular aged debt reporting

Identify potential collection risks and escalate concerns where appropriate

Contribute towards improving cash collection performance across the business

Business Partnering

Build strong working relationships with project managers, quantity surveyors, and operational teams

Provide financial guidance and challenge where required to support sound commercial decision-making

Attend project review meetings and ensure financial records accurately reflect agreed commercial positions

Support non-finance stakeholders in understanding project performance and financial outcomes

Assist with the preparation of board-level reporting and management information

Controls, Compliance & Audit

Ensure project accounting processes operate in line with internal controls and company policies

Support month-end and year-end reporting requirements

Assist with audit preparation and provide supporting information for external auditors

Contribute to the continuous improvement of financial processes and reporting standards

About You

Essential Skills & Experience

Part-qualified, finalist, or fully qualified accountant (ACCA, CIMA, ACA or equivalent)

Previous experience within a Project Accountant, Management Accountant, or similar commercial finance role

Strong understanding of project accounting, financial reporting, and cost management

Experience preparing or supporting Cost Value Reconciliation (CVR) reporting

Proven ability to analyse financial data and present meaningful insights

Experience supporting credit control, debtor management, and cash flow monitoring

Advanced Excel skills and strong financial systems knowledge

Excellent organisational skills with the ability to manage multiple priorities

Strong communication skills and confidence working with both finance and non-finance stakeholders

High level of accuracy and attention to detail

Desirable Experience

Previous experience within construction, engineering, infrastructure, manufacturing, or other project-based environments

Familiarity with client payment applications and contract accounting

Experience working within a multi-site or group structure

Knowledge of CIS and construction-related financial compliance requirements

Exposure to board reporting and commercial finance business partnering

Why Join?

This is an exciting opportunity to join a successful and growing organisation where finance plays a key role in supporting operational performance and business growth.

You will have the opportunity to work closely with senior stakeholders, influence commercial decision-making, and contribute directly to the success of high-value projects.

The role offers variety, responsibility, and genuine scope for professional development within a supportive and collaborative environment.

Location

Devon – Head Office Based

Occasional travel may be required to operational sites and project locations.

For more information, or to apply, please contact Tracey Tripp on (phone number removed) 

St David Recruitment Services is an employment business working on behalf of a client.