Project Accountant

Wabtec Corporation

Burton upon Trent, United Kingdom

#R0056806

Position summary

Wabtec Corporation is a leading global provider of equipment, systems, digital solutions and value-added services for freight and transit rail. Drawing on nearly four centuries of collective experience across Wabtec, GE Transportation and Faiveley Transport, the company has unmatched digital expertise, technological innovation, and world-class manufacturing and services, enabling the digital-rail-and-transit ecosystems. Wabtec is focused on performance that drives progress, creating transportation solutions that move and improve the world. Wabtec has approximately 27,000 employees in facilities throughout the world. Visit the company’s new website at: http://www.WabtecCorp.com.

It’s not just about your career… or your job title…it’s about who you are and the impact you are going to make on the world. Do you want to go into uncharted waters…do things that haven’t been done to make yours and someone else's life better? Wabtec has been doing that for decades and we will continue to do so! Through our people, leadership development, services, technology and scale, Wabtec delivers better outcomes for global customers by speaking the language of industry.

Responsibility for Project Accounting activities and to support project teams. To assist in the delivery of accurate and timely financial information and to help establish and maintain a robust project governance & control environment.

Key Duties & Tasks:

  • A key member of local project teams, presenting financial results and forecasts at monthly project reviews.
  • Prepare project EAC models (Estimates at Completion) ensuring forecasts are robust and updated with monthly actuals.
  • Report on Risks & Opportunities ensuring identified line items are valued accurately and mitigation actions are closed out.
  • Report project revenue progress ensuring key contract milestones are achieved and invoiced in a timely manner.
  • Attend Material, Operations, Project Management and Engineering Labour ‘cost to complete’ meetings. Ensure costs to date are accurate with any variances fully understood.
  • Support the cash flow reporting and forecasting requirements of the business and attend cashflow reviews
  • Support the month end reporting process ensuring adherence to strict Corporate deadlines (sales reconciliations, cost of sale calculations, order backlog, inventory and project balance sheet reconciliations)
  • Assist with any external and internal audit requirements ensuring compliance with Sarbanes-Oxley.
  • Ensure compliance with group accounting policies and the relevant statutory accounting standards (UK & US GAAP)
  • Support the bidding process for targeted new projects
  • Contribution to strategic plans to develop UK business

General:

  • Adhere at all times to the company’s Health, Safety & Environmental instructions and requirements
  • Responsible for Handling and Storage of Data in line with Data Protection legislation

Relationships

  • A key member of local project teams
  • UK Finance Team for monthly reporting requirements
  • Internal Stakeholders – Functional managers and their teams
  • Assist with elements of External Audit process   
  • External Stakeholders including customers & suppliers  

Skills, Knowledge & Experience

Experience of Long-Term Contract Accounting

Working in project teams

Excellent communication skills

Experience of presenting

financial information

Experience in a manufacturing environment

Able to work under pressure and to fixed deadlines

Business/Customer orientated

IT literate and fully conversant with Excel and other Microsoft office applications and MRP

Excellent organisational and prioritising skills

Education & Qualifications

Qualified by Experience or Part qualified (ACA, CIMA, ACCA)

Wabtec Corporation is committed to taking on the world’s toughest challenges. In order to fulfill that commitment we rely on a culture of leadership, diversity and inclusiveness. We aim to employ the world’s brightest minds to help us create a limitless source of ideas and opportunities. We believe in hiring talented people of varied backgrounds, experiences and styles…people like you! Wabtec Corporation is committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or expression, or protected Veteran status. If you have a disability or special need that requires accommodation, please let us know.

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About the company

Industry: Industrial: Equipment Manufacturing

At Wabtec, we are in the business of realizing potential. Our employees are the architects of the future. Go just about anywhere and you’ll find us. If you want to move and improve the world, start here.