Management Accountant supporting finance team at Silk Contract Logistics in Melbourne. Preparing management reports, budgeting, forecasting, and ensuring compliance with accounting standards.
About the role
- Project Accountant overseeing and managing financial aspects of project portfolios at Nomad Digital. Collaborating with project managers to ensure adherence to accounting standards and driving margin improvements.
Responsibilities
- To oversee and manage all financial aspects of a portfolio of projects, from initial bid submission to project closure.
- To track all project invoicing, costs & cashflow vs budget, and report on variances.
- To collaborate with Project Managers to maintain the project Estimate at Completion, margin, & project risks & opportunities.
- Application of revenue recognition methodology in accordance with IFRS15.
- To be a business partner for and provide strong operational support to project managers by advising on best practice procedures with projects and their accounting principles.
- To be responsible for the preparation and maintenance of accurate monthly project accounts for a portfolio of O&M & Delivery projects across the group within set deadlines.
- Ensure adherence to appropriate accounting standards (IFRS15: Revenue from Contracts with Customers).
- To prepare project budgets/forecasts when required, and to ensure adherence to budget commitments and cash milestones.
- To deliver timely and accurate monthly reconciliation of WIP and POA to the ERP system.
- To be responsible for driving continuous improvement and efficiency in reporting and tools by the education and effective communication to the project teams.
- To approve purchase orders in line with Delegation of Authority.
- To perform such other ad hoc responsibilities which may be required from time to time.
- To adhere to the principles of all Nomad Values, Health and Safety guidelines and Ethics practices.
- To drive continuous improvement within designated areas of responsibility.
- To support the sales and bid teams in preparation of the bid cost models, assisting in tender sign off processes ensuring all internal controls and commercial approvals are adhered to.
- To manage all KPI reporting for Programme Leads ensuring that this is delivered on a regular basis in line with reporting schedules.
- To ensure adherence and be accountable for such adherence of all project accounting and regulatory policies to include revenue and cost recognition, government accounting requirements etc.
- To challenge cost forecasts and drive margin protection and improvement plans through working closely with project managers on the risk register and savings and opportunity lists.
Requirements
- Professional qualification (CIMA, ACA, ACCA) or equivalent
- Degree preferred
- Knowledge of finance, accounting, and budgeting principles
- Exposure to long term contract accounting but not essential
- Experience in Competitive tendering an advantage but not essential
- Proficient in Microsoft Office, especially Word and Excel
- Experience with an ERP system (NetSuite an advantage)
Benefits
- Health Care Cash Plan
- Life Assurance
- Critical Illness Cover
- Contributory Pension Scheme via Aviva
- Car Lease Scheme
- Workplace Nursery Scheme
- 25 Days of Annual Leave with enhanced leave based on tenure
- Annual Leave Purchase Scheme
- Employee Referral Scheme / Employee Recognition Scheme
- Enhanced Family Leave entitlements
- Company Sick Plan
Job title
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