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Project Accountant

BAE Systems
England, Lancashire, Preston
Closing date
1 Mar 2021

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Job Details

Would you like to work in a role in Enterprise IT Services (EITS), a Shared Services business within BAE Systems? We currently have a vacancy for a Senior Project Accountant based in Preston

Shared Services provides shared capabilities and business services to BAE Systems' UK operations and external customers. Shared Services consists of seven lines of service, one of which is EITS. EITS provides IT services across the UK businesses and collaborates with colleagues in the US and Australia businesses on enterprise-wide services.

As a Project Accountant, you will support the Senior Finance Manager and SMT in the effective financial management of all IT Services provided by EITS. This includes the production and update of a Summary Status Report (SSR) for all Services on a periodic basis, prior to review with Service Manager, the Service Cost Management team and functional management. Establishing and maintaining effective Financial Control will be key to success in this role.

This role will provide you with an exciting and diverse opportunity, in a fast moving environment, where you will work closely with other business partners to maximise value to the business.

Your main responsibilities as a Project Accountant will involve:

Production and maintenance of a Summary Status Report (SSR) for all Service costs on a monthly basis. This will include the reporting of actual costs and commitment from SAP, and regular updates of Estimate to Complete (ETCs).

Leading Service Cost financial reviews with key stakeholders including Service Cost Management and Service Managers on a periodic basis.

Provide support to key corporate reporting requirements including current year forecast, business planning (IBP), variance analysis and risk & opportunity management.

Monitoring and reporting actual costs on a monthly basis (through SAP) ensuring they are in line with expectations.

Drive robust financial control and implement / perform corrective action where required, such the processing of SAP journals to ensure costs against individual Services are in line with expectations.

Assist business partners in the ongoing management of Purchase Order Commitment.

Your skills and qualifications:

Essential Skills

Part qualified Accountant - CIMA, ACCA, ACA

Demonstrable level of business acumen, with focus on improvements

Ability to prioritise; ability to manage workload and flexibility to achieve deadlines

Ability to manage multiple stakeholders and collaborate with different people

Advanced Excel skills and understanding of accounting standards

Evidence of producing accounts and Management information

Experience working with Board packs and balance sheets

Desirable Skills:

Prior experience of Project Accounting

Prior experience in a matrix organisation

Prior experience of SAP

What we are looking for in you:

To be successful in this role you will be a self-motivating individual with the ability to work within a team, be a methodical thinker, with a natural ability for problem solving and using your initiative. You will be flexible and have a strong attention to detail. You will also be a supporter of appropriate change, be pragmatic with it and able to influence key stakeholders. You will also possess excellent verbal and written communication skills in order to support senior stakeholders of the business.

Location: Preston

Salary: Competitive

Benefits: Our employees receive an excellent benefits package which includes a competitive pension scheme, enhanced annual leave allowance and a Company contributed Share Incentive Plan. We also offer a range of additional benefits such as flexible working, an employee assistance programme, Cycle2work and many local and national employee discounts. Some employees may also be eligible for an annual incentive.

BAE Systems

BAE Systems is one of the world's leading global defence, security and aerospace companies. We work at the cutting edge of technology, creating more than 100 new inventions every year for customers in over 100 countries.

Shared Services

If you'd like to make a real difference where it counts, BAE Systems is the place for you.

From keeping soldiers, sailors and pilots safe to helping countries prosper, from developing the next generation of supersonic aircraft to investing in the next generation of super-smart talent - at BAE Systems, we work together to give our customers an essential edge in protecting the things that really matter. Lives, livelihoods, ways of life.

As part of the Shared Services team, you'll be at the heart of this endeavour - working closely with our air, maritime, land and cyber and intelligence businesses to support our customers around the world.

Join us and you'll be encouraged and rewarded to excel in this important work. Apply your talent where it counts.

We recognise that an inclusive and diverse workplace - where all employees feel respected, valued and able to achieve their full potential - is vitally important. Not only does it inspire creativity and collaboration, it's good for business. We celebrate our differences and believe our diverse skills, abilities and perspectives strengthen our culture and our overall performance.

We welcome applications from all suitably qualified people.

Please be aware that many roles working for BAE Systems will be subject to both security and export control restrictions. These restrictions mean that factors including your nationality, any previous nationalities you have held, and/or your place of birth may limit those roles that you can perform for the organisation.

Due to the volume of applications we receive, we sometimes close our vacancies early. It is therefore advisable to apply as early as possible if you would like to be considered for a role with BAE Systems.


At BAE Systems, we provide some of the world's most advanced, technology-led defence, aerospace and security solutions. We employ a skilled workforce of more than 83,000 people in 40 countries. Working with customers and local partners, we develop, engineer, manufacture, and support products and systems to deliver military capability, protect national security and people, and keep critical information and infrastructure secure.

We’re pleased to launch a BAE Systems first; an interactive video. If you are interested in learning more about working with submarines, click the link below to experience, in your own way, a day in the life at the BAE Systems submarine shipyard.

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