Siemens Careers

Project Accountant

Warwick, United Kingdom

English (UK)

Job Description

Project Accountant

Siemens has an excellent opportunity for a Project Accountant, based in Warwick, to work within the HQ Finance team with responsibility for long term programs. You will support global sales and execution of projects in the oil & gas and power generation sectors.

We have established the Finance Team as a key function in ensuring that the cost and margins on projects are accurately estimated during the sales phase, that risks and opportunities during the execution phase are optimised, and that the financial accounting and reporting of projects complies with Siemens Financial Reporting Guidelines.

The successful candidate will be a proven project accountant, a strong team player who is self-motivated and able to take the initiative with excellent stakeholder management skills.

What are my responsibilities?

• Reporting into Senior management on all Project financials, forecast, opportunities, risks.
• Provide information to enable Project Manager(s) and Commercial Project Manager(s) to control project spend and risks.
• Preparation and consolidation of additional services.
• Production of monthly project reports, including update on Orders, revenue,cost of sales, billings in excess, EBIT and balance sheet items.
• Prepare monthly forecasts and variance analysis.
• Ensure ICFR compliance.
• Ensure all records are maintained to an auditable standard.
• Lead month end tasks including the raising journals, accruals and prepayments, ensure correct project margins being shown in SAP.
• Lead regular analysis of WBS (Work breakdown structure) and cost centres to ensure correct cost allocation.

What do I need to qualify for this job?

• Qualified accountant - CIMA, ACA, ACCA or equivalent.
• Proven project accounting experience.
• SAP experience (ATLAS/SPIRIDON - preferred).
• Proven Stakeholder management experience.
• A high level understanding of core contract terms and conditions which have a financial aspect.
• Advanced Excel skills.
• Ability to interpret and apply accounting and other relevant guidelines.
• Strong communicator with the ability to challenge and influence others.
• Desire and ability to work closely and develop productive relationships with both finance staff and other project functions.
• Result and quality driven with attention to detail.
• Energy Service industry experience is advantageous

Siemens’ Power Service Division and is the world’s leading supplier of products, services and solutions for power generation. Its extensive portfolio comprises of highly efficient technologies for thermal power plants, renewables, power transmission and for the extraction, processing and transport of oil and gas.

Siemens offers a comprehensive reward package which includes a competitive basic salary, bonus scheme, generous holiday allowance and pension. Through our flexible benefits scheme you can select benefits that suit your lifestyle, including private healthcare.

Siemens is dedicated to quality, equality, and valuing diversity, and we welcome applications that reflect the diversity of the communities within which we work.


Job ID: 85232

Organisation: Power Generation Services

Experience Level: not defined

Job Type: Full-time

Can't find what you are looking for?

Let's stay connected