Financial Project Accountant

Job Description

KML is a UK-based integrated marine contractor working worldwide. We have our own vessel fleet, assets, wharves, and labour force. With a heritage and portfolio in specialist and general merchant vessel operations, marine civil engineering contracting (including rock armour and sea defences), salvage and wreck removal, craned heavy lift, subsea cables, and specialist offshore energy installation and decommissioning including offshore wind and Tidal / Wave Energy Converter installations, operations and maintenance, the company continues with rapid growth in all of its sectors.

Position: Financial Project Accountant

This is a dynamic role for a highly motivated, adaptable and resourceful individual with strong accounting and administration experience. As a key part of the Finance Team, the primary function of this role is to provide financial and commercial administration support to the Finance Manager and the Company in a wide range of aspects. You will need to be pro-active in your approach, good at working under pressure, and capable of working to tight deadlines. You will be practically minded with a strong financial and commercial bias, and possess good accounting, admin, communication and organisational skills.

Relationships:

You will report directly to the Finance Manager and liaise with other managers/colleagues where necessary to complete projects and tasks to challenging timescales.

Typical Duties and Responsibilities:

General Support to Finance Manager/Projects team and Director of Finance.

The key responsibilities of this role are but not inclusive:

· Monitor and manage project budgets, ensuring alignment with company objectives and client requirements.

· Prepare and track project cost forecasts, highlighting potential overruns or savings, including managements of overhead spending.

· Reconcile project budgets with actual expenses and analyse variances.

· Track and manage project costs, including labour, equipment, materials, and subcontractor expenses.

· Develop detailed cost analysis reports for project managers and stakeholders.

· Conduct regular financial reviews and provide insights into project profitability and overall analysis of company operations.

· Monitor foreign exchange impacts on international projects and hedge risks if applicable.

· Manage cost escalations due to unforeseen events (e.g., weather, environmental regulations)

· Supporting and working with the Management Accountant and other Finance team members, with any queries and information required.

· Establishing functional connections with the Projects Team, assisting with Project Cost Trackers, and providing detailed reports to the Finance Manager and the Commercial Director.

· Focus on continual improvement of processes, a key element of this will be a focus on increased cost controls and management reporting.

· Support the production of monthly financial & operational reports.

· Analysing organisational data and evaluating labour rates, depreciation, and overhead costs to recommend policy adjustments that improve performance metrics.

Personal Qualities:

A high degree of confidence, logic and initiative are required for this role along with exceptional numeracy. Diligent and accurate, you will be comfortable managing your own time and prioritising your workload. The ability to learn, to communicate effectively with team members and to be flexible in all areas of the business is essential; you must thrive in an entrepreneurial and fast-moving marine organisation.

For you to be successful in this role you will have:

· Hold either an ACCA or CIMA Qualification or similar.

· Previous experience of working within a busy project-based organisation including hands-on experience.

· Strong knowledge of project accounting principles and practices

· Ability to work under pressure in fast-paced, dynamic project environments

· Keen attention to detail

· Contribute towards the future growth of the business.

· Strong Microsoft Office skills including Excel.

· Strong Computer skills

· Ability to work autonomously but possess strong team skills

Experience within an organisation contracting by sea or on land is an advantage but not essential

The position will include:

· Full time hours nominal 5 days in 7, office hours are between 8.00 am to 6.00pm – at times flexible to suit your workload. No overtime or hourly rates are payable other than in exceptional circumstances at the company’s discretion

· Salary: up to £35,000pa

· Annual holiday entitlement of 28 days including bank holidays

· Enrolment in Company Pension Scheme.

· Option to join the Company Private Medical Scheme after passing a six-month probationary period

· Development and training plan: KML is committed to continuing personal and professional development. We will look to your continuation of this and will agree a training plan with you

Job Type: Full-time

Benefits:

• Company pension
• Cycle to work scheme
• Health & wellbeing programme
• Private medical insurance

Schedule:

• Monday to Friday

Education:

• A-Level or equivalent (preferred)

Experience:

• accounting: 3 years (preferred)

Work Location: In person