Project Accountant

Updated: July 6, 2022
Location: London, ENG, United Kingdom
Job ID: 143928


Billing Specialist/Project Accountant

This role will be responsible for managing the business unit’s sales ledger, driving revenue reporting and collaborating with the Account Managers and Project Managers to fully understand project progress and ensure project milestones and time are billed as soon as it is feasible.


Key Accountabilities:

  • Raising invoices for recurring revenue and project progress promptly and accurately
  • Recording daily cash receipts and ensuring customer accounts are reconciled
  • Attend fortnightly revenue review meetings and take responsibility for ensuring project progress is billed promptly
  • Review billed revenue at the end of each month, accruing any unbilled revenue and releasing previously deferred revenue accurately for monthly reporting
  • Ensure specific customer billing requirements are met to avoid any potential delay in the customer processing the invoice or making payment when due
  • Issue customer statements and reminders for payments to ensure invoices are paid when they fall due
  • Liaise with customers to resolve invoice queries and disputes, chasing overdue payments where necessary
  • Develop relationships with key customer contacts and project owners
  • Review, refine and document internal AR processes to maximise efficiency, effectiveness and accuracy in reporting
  • Raise intercompany invoices as necessary 

Job Requirements

Key Skills/Experience:

  • Previous experience working as a Billing Specialist/Project Accountant involved in activities such as revenue recognition, milestone billing, contractual billing and accrued revenue
  • Experience of project accounting (highly desirable)
  • Previous experience or knowledge of Paprika (highly desirable)
  • Part qualified AAT or equivalent or qualified by experience
  • Experience of working in a busy Finance department in a commercial business
  • Understanding of and practical experience of using an accounting and /or ERP system
  • Meticulous accuracy and attention to detail
  • Excellent time management skills and strong ability to prioritise
  • Ability to work to tight deadlines
  • Ability to work under pressure and adapt to changing requirements
  • Highly proficient in Excel
  • Ability to work independently as well as part of a team
  • Excellent organisational and communication skills

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