Project Accountant

Job Description

We are looking for a highly skilled Project Accountant to support the Business in the key areas:

  • To provide financial support to Project & Contract Managers during project delivery.
  • To provide financial support to Solution Design / Bid Managers in costing & pricing of bids & tenders.
  • To be an integrated member of the Finance Team and contribute to its general smooth running, especially at month ends.
  • Working Closely with Project Managers / Project Teams and the Finance Team;

Project Accounting

  • In line with UK and USA Reporting Requirements, complete monthly accounts for all assigned projects on a timely basis with appropriate revenue recognition.
  • Preparation of monthly project reports, producing reports on current status, revenue recognition, future projections and variance analysis to budget,
  • Communicate those results around the business as required,
  • Enhance those reports to include S-Curves, cash-flow projections & risk registers
  • Monitor contracts and ensure that all customer billings / contract variations are raised & logged in an accurate and timely fashion.
  • Update Project Manager on status of customer and supplier payments.

Commercial Support

  • Complete financial concurrence of company bids and tenders in line with company procedures
  • Assist commercial managers in completing complex price breakdowns for project tenders
  • Complete cash-flow forecasts for significant bids and tenders.
  • Completion of Post Project Financial Reviews of completed projects outlining budget differences and reasons from original plan and feedback into Commercial environment
  • Any other reasonable request

Qualifications, Skills and Experience

This role requires a highly skilled project accountant, who has a rounded experience in a similar environment.


  • Demonstrates a good knowledge and understanding of accounts,
  • Qualified ACCA, AAT, ACA or CIMA
  • Understands technical & operational issues at a high level and able to present them clearly for finance.
  • Presents & explains finance to non-financial managers.
  • Ability to work pro-actively & independently, effectively managing varying workloads on a variety of projects
  • Strong understanding and knowledge of project accounting
  • Understanding and knowledge of contracts and the contractual process
  • Effective working knowledge of all MS Office applications
  • Experience of working in a commercial environment
  • Understanding of a marine, construction, engineering or similar environment

Highly Desirable

  • Substantial experience in a marine, construction or engineering project environment
  • Excellent Microsoft Excel based skills - Financial formulae, Lookups, Pivots, Basic Macro’s
  • Knowledge of IFS or similar financial systems
  • A good accounting qualification and university level education.
  • Excellent communication and presentational skills.


  • Excellent attention to detail
  • Strong team player
  • Flexible and very able to work in a dynamic environment
About The Company

The Global Marine Group is an innovative market leader in offshore engineering and consists of three business units; CWind delivering power cable and asset management services topside and subsea to the offshore renewables and utilities market, Global Marine providing fibre optic cable solutions to the telecommunications and oil & gas markets and Global Offshore delivering trenching and power cable lay services to the oil & gas industry.

The company has two successful joint ventures in China, SB Submarine Systems and Huawei Marine, demonstrating the true global reach of the company.  The combined experience and knowledge has led to significant embedded intellectual property and an enviable track record.

GMG has an outstanding health & safety record, completing 1.65 million hours worked in 2016, without injury and stands by a core value of safety first.

The company is in a unique position owning the world’s largest independent marine contracting fleet, and a workforce that has an impressive total of over 6,300 years’ service, and an average service length of 11.8 years.  The company has installed over 300,000km of subsea cable, 21% of the world total and has conducted worldwide.

The Group aspires to achieve its vision ‘Engineering a clean and connected future’.