Project Accountant in LONDON, United Kingdom

The World at Abt

Solving the world’s most pressing issues and improving the quality of life for people worldwide is what we do every day at Abt Global. Creating a more equitable world is no small task, but we are driven by big challenges.

We are a team of 3,000+ people in over 50 countries working in unison and focused on the bigger picture. Only by sharing our commitment, energy, and innovation do we affect change and push the boundaries of what’s possible. We welcome diverse ideas, backgrounds, and viewpoints – joining Abt means access to exceptional thinkers at the top of their game.

To thrive at Abt is to embrace flexibility and collaboration. Our open culture allows you to balance your work and personal life as needed to optimize personal well-being. Creating a more equitable world starts from within – we look after people around the world, and we’ll do the same for you. Ready to embrace rewarding and meaningful work? Now’s your chance.

The Opportunity

As a Project Accountant (PFA2) you will be responsible for undertaking various project accounting tasks including monthly invoicing, payments, reconciliation, client and internally focused month-end reporting, reviewing budget tracking by project teams and forecast preparation across an allocated portfolio or in support of the overall deliverables required from the project delivery team. This position requires interaction and coordination between a variety of stakeholders and a problem-solving approach to financial accounting. You will use their accounting knowledge to improve all forms of project reporting and assist finance leadership in continuous process improvement.

Core Responsibilities

• Attend regular meetings with project team

• An understanding and interest in the financial and technical elements of the project

• Perform timely and continuous budget tracking and analysis aligned with project needs; review, validate and report project actual costs incurred for labour, expense and travel

• Prepare and manage project specific deliverables related to financial or contractual requirements (budgeting, invoicing, orders, payments, reporting, supporting back-up data, limitation of funds, communications, etc.)

• Collaborate with Project Delivery team to build appropriate work breakdown structure to comply with client requirements and allow for accurate time charging and financial projections

• Perform timely subcontractor monitoring, as well as vendor invoice review in alignment with forecasts and workplans

• Work with project teams to monitor project fees and expenses against initial budgets and revised projections, ensuring that risk of over and under-spend across the entire contract is promptly identified

• Monitor and escalate financial risks on foreign exchange and currency across all projects

• Responsible for completion of all Balance Sheet reconciliations and help to resolve any discrepancies

• Prepare information for, and ensure timely response to audit requests, client reviews and queries

• Provide high quality support and guidance to site teams

• Take ownership for all finance-related tasks for assigned projects and ensure timeliness and high-quality on all project finance deliverables

• Periodic Estimate at Completion (EAC) reports

• Quarterly Forecast, annual-planning

• Monthly Variance explanation

• Accruals

• Other company-level project deliverables such as monthly reporting, quarterly forecasting and annual long range planning process for UK

• Develop workplan budgets and budget modifications for project teams that align to contractual requirements, proposal, and project work breakdown structure (WBS); Work with Program Delivery team to adjust as appropriate

• Comply with company, client, local and other legal requirements, and regulations

• Initiate purchase requisitions in support of project services and material purchase needs

• Work with procurement team to review vendor and consultant agreements to validate funding and contract type are appropriate based on prime contract including subcontracts and materials purchases

• Any other duties as appropriate to the position, as requested.

Key Requirements:

• Bachelor’s Degree + Two years of relevant experience, or Master’s Degree

• Extensive knowledge of Excel spreadsheet programs

• Strong analytical and computer skills, ability to handle multiple tasks efficiently, and familiarity with current Internet resources

• Communicates clearly and concisely in both verbal and written communications; strong cross-culture communication and sensitivity skills

• Ability to business partner with stakeholders and communicate key financial information

• Ability to work autonomously and collaboratively when needed

• Demonstrated resourcefulness in problem-solving approach

• Strong knowledge of Microsoft Office applications

• Good management and planning skills of project tasks

• Experience working on international aid donor funded projects/programmes (e.g. FCDO) preferred

• Qualified Accountant (ACA, ACCA, CIMA) with 12 months post qualification experience preferred

• UK work authorization is required, and sponsorship is not available.

What We Offer

We foster an environment where you can Thrive Your Way. Our innovative total rewards programs are designed to help balance your work and personal life. The approach toward your wellbeing centers around comprehensive benefits, flexible schedules, and professional development.

Abt is an Affirmative Action/Equal Opportunity employer committed to fostering a diverse workforce. Abt provides market-competitive salaries and comprehensive employee benefits.

Disclaimer: Abt will never ask candidates for money in exchange for an offer of employment.

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Abt Global is a mission-driven, global leader in research and program implementation in the fields of health, social and environmental policy, and international development. Known for its rigorous approach to solving complex challenges, Abt Global is regularly ranked as one of the top global research firms and one of the international development innovators. The company has multiple offices in the U.S. and program offices in more than 40 countries.

At Abt Global, we are committed to creating a lasting culture of equity, diversity and inclusion and recognize that in order to achieve full participation, our practices must be free of prejudice, discrimination, and bias that result in inequitable outcomes. We are actively working to advance equity for everyone, and while we still have much work to do, we know that racial and cultural diversity are an asset to our business and the communities where we live and serve. Our ongoing commitment is focused on creating business practices that advance racial and social equity, investments in community impact programs for the benefit of Black, Indigenous, and people of color (BIPOC), and expand upon project work related to racial equity and social justice.