Project Accountant


Gas and Power
フルタイム / パートタイム
Siemens Energy have an exciting opportunity for a Project Accountant to join the team in Manchester working on renewable energy transmission projects, you’ll report to the Commercial Project Manager and support the Finance teams in relation to accounting, reporting and controlling topics.

Management of project finances
Ensures the accuracy of cost and pricing calculation
Ensures the accuracy of project finances as well as the accurate recording and reporting of such transactions in the relevant systems, e.g. SAP
Attends commercial project status meetings and is responsible for updating the forecast and cost monitor accordingly
Prepares commercial documentation for regular project status meetings and ensures the accuracy of the commercial project data (i.e. FC, MIKA, cash flow)
Undertakes invoicing according to project progress and contractual terms and ensure proper payment allocation (onshore/offshore/consortium) 
Ensuring timely applications for payment from the customer are made
Ensures compliance with Siemens FRG (Financial Reporting Guidelines) and local GAAP requirements
Supports the Commercial Project Manager (CPM) in the identification and reporting of non-conformance costs

Risk and claim management,
Together with the CPM Identifies, assesses, responds, monitors, reports, escalates all financial and commercial risks, e.g. calculation, tax, insurances, currency
Together with the CPM attends the risk workshops and supports with the maintenance and reporting of risk within the project tools 
Performs the credit risk analysis for potential customers & suppliers, together with Global Procurement for suppliers

Supports the CPM with compliance to standards, rules, and regulations
Ensures compliance with relevant tax regulations, e.g. PATAC, NCM, PE management (tax returns, transfer pricing, delegation concepts)
Ensures the compliance with export control regulations
Ensures the compliance with hedging/currency regulations
Ensures proper handling of bank accounts including petty cash 'Baukasse', if applicable
Ensures correct methodology for evaluation of risk and opportunities as defined, e.g. in FRG, PM guide
Ensures adherence of revenue recognition rules and accountancy practices, guidelines and any specific regulations
Ensures together with the PM the adherence to internal controls (RIC), incl. ICFR
For cross border projects: synchronizes contract structure with tax and delegation concept; preparation and signature of NCM mandatory documents

Collaboration :
Actively participate in both internal and where required external project related meetings (e.g. team members, managers, customers)
Builds strong relationships and cooperates closely with other individuals within the project team and within the wider business

Management of stakeholders :
Ensures efficient communication with all relevant internal Contract Management, Project Management, Work Package Mangers
Ensures proper execution of all tasks with all relevant stakeholders, i.e. SFS (e.g. financing, insurance, guarantees, currency & commodity hedging), CF (e.g. AC, Taxes, Treasury, Audit), RIC incl. OR, Legal and Compliance, HR (incl. Delegation process), ECC, Customs, external auditors etc
Interacts with all relevant stakeholders in order to ensure the execution of all issues with regard to project financing
Monitors the performance of partners/subcontractors through the review of the cost monitor and SAP

What do we require from you:
Experience of financially controlling external customer projects
Proven experience in Accounting and Controlling, Reporting, Planning, Budgeting & Forecasting
Qualified accountant ACCA/ACA/CIMA or equivalent 
Part Qualified candidates with an intention to complete the qualification will also be considered
Expertise in SAP and MS Office
Process oriented person with strong analytical skills 
Exposure to risk management is an advantage
Self-organised individual with the ability to adhere to timelines
Accurate in work preparation and diligent in documentation 
Strong communicator with experience of working in multi-disciplinary teams
Appreciation and interest for the industry we operate in
Progression minded individual with willingness to learn and develop

Let’s talk about us
"Let’s make tomorrow different today" is our genuine commitment at Siemens Energy to all customers and employees on the way to a sustainable future.
Here at Siemens Energy we drive innovation, develop new technologies, apply cutting-edge technologies that will set new standards in terms of efficiency, reliability and sustainability.
More insights

Be Energized. Be you.
Lucky for us, we are not all the same. Through diversity, we generate power. We run on inclusion and compassion. Our combined creative energy is fuelled by at least 130 nationalities. Siemens Energy celebrates character – no matter what ethnic background, gender, age, religion, identity, or disability. We energize society. All of society.
Our benefits package includes a generous base salary, annual bonus, and we celebrate the fact that our employees are individuals and have different wants and needs. With this in mind, we have a flexible benefits scheme where you can tailor your benefits package to suit you. We offer 26 days holiday (which increases with service), up to 10% pension contribution match, an excellent company share scheme and employee discounts just to name a few.