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Project Accountant

Leagrave, Luton, United Kingdom
Competitive Salary
Closing date
Feb 28, 2024

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Job Role
Contract Type
Full Time

The opportunity:

We are looking for experienced Project Accountant to join us at Leonardo. Leonardo is an international leader in electronic and information technologies for defence systems, aerospace, data, infrastructures, land security and protection and sustainable 'smart' solutions. From the design, development and production of state-of-the-art equipment, software and systems to through life support, Leonardo partners with its customers to deliver the information superiority required to act decisively, complete missions and maintain security and protection for operational effectiveness.

As a Project Accountant, you will manage and be responsible for the financial and project reporting requirements for a specific group of projects providing accurate, timely and relevant management information as well as providing advice and guidance to the project teams. You will be part of a business sector delivering solutions to a truly global marketplace. Finance play a key role in the service offering and this is a chance to make a difference as well as satisfy the statutory requirements.

What you'll do as a Project Accountant
  • Support the Financial Controller with preparation of sector monthly forecasts including assumptions, risks and opportunities and explanation of forecast movements.
  • Support the business in producing robust monthly Contract Status Reports (CSRs) and quarterly Sales and Margin Trading Plans.
  • Monitor financial performance through the Monthly Forecast and Business Planning processes.
  • Work with the Project Team / budget holders to understand forecast, Business Plans and CSR movements.
  • Support the business winning team in delivering optimal customer solutions.
  • Reconcile financial data and resolving problems/issues where appropriate to ensure integrity of information provided.
  • Ensure all financial procedures and controls are applied as required; and supporting non-finance functions on their application.
  • Support the annual update of the Integrated Business Plan and phased budget.
  • Proactively seeki to improve local processes and working practices to drive efficiencies across the team and wider business to help drive the Finance function forward.

Support commercial review cost sheets for tender bibs - multi year projects, cost and payment scheduling, cash flow, IRR

Project reviews - monthly reviews of project status including financial update on project costs in total and Actuals vs To Go

Stock order reviews - long term forecasts of system sales from commercial drive stock planning - long lead time, allocation of stock to IBP (budget) sales forecast, actual cost analysis - over/under cost variance analysis

What we need from you:
  • CIMA, ACA or ACCA - Qualified (will consider part qualified)
  • IFRS 15 knowledge
  • Excellent interpersonal skills
  • Strong communication skills
  • Proactive in approach
  • Ability to re-prioritise to meet key deadlines
  • Focus on high quality output and support
  • Advanced Excel and proficient in MS Office
  • SAP experience advantageous but not essential
  • You will be an enthusiastic individual, eager to do the job and excited about the projects/contracts you will be working with.

You must be able to travel to our Luton or Basildon office approximately 2-3 days a week.

Security Clearance

You must be eligible for full security clearance. For more information and guidance please visit :

Life at Leonardo

With a company funded benefits package, a commitment to learning and development, and a flexible approach to working hours focused on the needs of both our employees and customers, a career with Leonardo has never offered as many opportunities or been more accessible to as many people.
  • Flexible Working: Flexible hours with hybrid working options. For part time opportunities, please talk to us
  • Company funded flexible benefits: Access to private healthcare, dental schemes, Workplace ISA, Go Green Car Scheme, technology and lifestyle options (£500 annual allowance)
  • Holidays: 25 days plus bank holidays, option to buy/sell leave and to accrue up to 12 additional flexi leave days per year
  • Pension: Award winning pension scheme (up to 10% employer contribution)
  • Wellbeing: Employee Assistance Programme with access to free mental health support, financial wellbeing support and network groups to demonstrate our ongoing commitment to diversity & inclusion (Enable, Pride, Equalise, Reservists, Carers)
  • Lifestyle: Discounted Gym membership, Cycle to work scheme
  • Training: Free access to more than 4000 online courses via Coursera
  • Referral Incentive: You can earn a reward for successfully referring a friend or family member
  • Bonus: Scheme in place for all employees at management level and below

For a full list of our Company benefits please visit our website.

Leonardo is a global high-tech company and one of the key players in Aerospace, Defence and Security. Headquartered in Italy, Leonardo has over 45,000 employees, of which 8,000 are based at 8 sites throughout the UK.

At Leonardo UK, we believe that a diverse and inclusive work environment unlocks our people's full potential and drives innovation and creativity. We work hard to offer a welcoming, accessible and inclusive place to work for all of our people, creating a culture where everyone can thrive, feel safe and have a sense of belonging and connection.

This is a great opportunity to bring your talents and form an integral part of Leonardo's future. We can help you develop your skills and offer great opportunities to develop and grow, so why not join us.



GB - Luton - Cap. Green 300

Additional Locations:

GB - Basildon

Contract Type:

Hybrid Working:


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