Project Accountant APAC

3 weeks ago

Melbourne, Victoria, Australia BAE Full time

BAE Systems Digital Intelligence is a leading provider of digital, cyber, and intelligence solutions. Our team of experts works collaboratively across 16 countries to collect, connect, and understand complex data, enabling governments, nation states, armed forces, and commercial businesses to unlock digital advantage in demanding environments.

As a Project Accountant within the Project Performance team, you will be responsible for delivering timely, accurate, and insightful project and management financial information to business and finance stakeholders. You will partner effectively with Business Unit Delivery leads and BU Finance Business Partners to ensure efficient and effective accounting and reporting of project performance. Your role will involve reviewing the outputs of other team members and coaching them where necessary.

This role will support our International Government business, which provides differentiated technology-based solutions to help Government organisations across the world find and stop threats, manage risks, and operate securely and effectively in the digital world.

Key Responsibilities:

  • Act as a trusted advisor to the business
  • Project set-up – ensure appropriate consideration of IFRS15 revenue recognition in the set-up of all new projects and use of accounting structures to optimise financial information
  • Project forecasting – work collaboratively with BU stakeholders to ensure the requirements for financial forecasting on projects are understood and delivered. Providing robust challenge to the project Estimate to Complete to ensure accurate forecasting
  • Orderbook – own the monthly orderbook reconciliation process and associated analysis of backlog and secured revenue profile
  • Project trading – ensure there is an appropriate process for using project forecasts to inform the trading of project revenue and gross margin with review and validation with business stakeholders
  • Reporting and analysis – ensure insightful financial reporting of project performance using the SSR and other reporting mechanisms as appropriate
  • Management and Project Accounting - manage month-end process to create project and business area P&L, BS and Cash Flow and present this information to leaders
  • Management Reporting - review first draft financial / management reporting for use with business stakeholders
  • Project Admin – liaise with project control to assist with any queries
  • Budgeting/Forecasting - provide support to Finance Business Partners in terms of historic financials and inputting into financial models
  • Cash flow and Management – oversee interface into Shared Services team to ensure bills raised in a timely manner; work with business stakeholders to drive cash collection
  • Financial Control - take ownership and responsibility for reviewing/approving reconciliations including order book, project and business area financial reconciliations (e.g. working capital, SSR)
  • Other adhoc tasks as required

Qualifications: ACCA / CIMA / ACA / CPA Qualified. Able to gain and maintain a baseline security clearance.

Location - This role will be hybrid and based out of our Canberra or Melbourne offices.

Life at BAE Systems Digital Intelligence

We are embracing Hybrid Working. This means you and your colleagues may be working in different locations, such as from home, another BAE Systems office or client site, some or all of the time, and work might be going on at different times of the day.

By embracing technology, we can interact, collaborate and create together, even when we're working remotely from one another. Hybrid Working allows for increased flexibility in when and where we work, helping us to balance our work and personal life more effectively, and enhance well-being.

Diversity and inclusion are integral to the success of BAE Systems Digital Intelligence. We are proud to have an organisational culture where employees with varying perspectives, skills, life experiences and backgrounds – the best and brightest minds – can work together to achieve excellence and realise individual and organisational potential.

Division overview: Financial Services

At BAE Systems Digital Intelligence, we pride ourselves in being a leader in the cyber defence industry, and the financial sector is one of the biggest targets for cyber-attacks. Our Financial Services business unit is responsible for all of our clients in the financial sector and handle all areas of these relationships. The Financial Services Division helps banks, insurers and other major financial institutions to combat fraud, unauthorised trading and money laundering, and meets their regulatory compliance obligations.

As a member of the Financial Services business unit, you will be responsible for providing critical services to clients in the financial sector and ensure that we remain a leading name in cyber security. We all have a role to play in defending our clients, and this is yours.

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