Contract Accountant

South East, Chichester, UK
Not disclosed
22 May 2023
01 Jun 2023
Approved employer
Full time
Qualified accountant

About the role

Balfour Beatty has an exciting opportunity for a Contract Accountant to join our growing team in West Sussex

Base location can be flexible (2-3 days per week onsite will be required for the first few months)

As a Contract Accountant you will:

Member of the contract senior leadership team, contributing to the overall strategy and performance of the contract to meet agreed business and service objectives.

Responsible for all aspects of management reporting and financial control of the contract. Responsible for Budget of circa 15m with full P&L, Balance Sheet and Cash Flow. No direct reports, but input into Commercial

What you'll be doing

Key Accountabilities:

To act as a business partner to the contract.

  • Work with commercial, operational and senior leadership team on the preparation and delivery of business plans, budgets and quarterly forecasts.
  • To implement and own a robust contract forecasting process both profit and cash.
  • Ensure compliance with statutory and company procedures
  • Monitor financial and non-financial KPIs.
  • Understand and meet customer requirements, agreeing and implementing service levels and utilising feedback to improve service delivery.
  • Work with operational management on cost control and monitoring and control of overheads.
  • Provide financial evaluation for all contract initiatives and commercial changes.
  • Operate the companys risk framework to identify and manage potential risks and opportunities.
  • Establish good working relationships with other team members (particularly commercial) and contribute to overall team objectives.
  • Prepare monthly contract performance schedules, including profit & loss, balance sheet and cash flow together with commentary and analysis.
  • Responsible for preparation of contract quarterly forecasts, annual budget and input to three year plan
  • To proactively support and influence contract management
  • To understand and report on contract risks and opportunities
  • Preparation and reporting of activity analysis (service lines, pain/gain, lump sum, fleet utilisation, overtime reports etc).
  • To review and challenge WIP model and produce month end WIP/Overmeasure balance
  • Review and control of contract stock.

Who we're looking for

  • Professional Accountancy Qualification (CIMA/ACCA or Equivalent).
  • Good financial and commercial acumen with knowledge of budgetary control, profit & loss and financial reporting.
  • Good communicator and strong inter-personal skills
  • Prepared to challenge assumptions to ensure complete and accurate reporting
  • Ability to analyse complex data with accuracy
  • Knowledge and experience of risk management
  • Strong IT skills and knowledge of MS Office, Excel, Word etc

Why work for us

Working for local authorities, Balfour Beatty Living Places provide highways maintenance, street lighting and public realm services.

We improve every day through engaging with our customers, investing in our people and using the latest technology to create positive, more efficient long term outcomes ultimately creating communities where people want to live, work and play.

Our solutions include consultancy, finance, design and maintenance of the entire streetscape. We're shaping places, creating economic growth and meeting the needs of a changing society.

About us

Balfour Beatty is a leading international infrastructure group. We finance, develop, build and maintain innovative and efficient infrastructure that underpins daily life, supports communities and enables economic growth.

Our teams operate across the full infrastructure life cycle, combining world-class investments capability and leading construction and support services to deliver large, nationally critical complex infrastructure through to local and regional projects right at the heart of local communities.

  • We finance
  • We design and project manage
  • We develop and construct
  • We operate and maintain assets

Our main geographies are the UK, US and Hong Kong with 25,000 employees worldwide. Our customers are government departments and agencies, regulated utilities and private sector organisations.

With over 110 years of experience in delivering highly complex infrastructure schemes through to projects at the heart of local communities, we operate with the highest levels of quality, safety and technical expertise, integrate with customers and local supply chains and support local communities.

For further information, and to apply, please visit our website via the “Apply” button below.