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Project Accountant

BAE Systems UK

Location: Cumbria

Job Type: Not Specified


The most difficult thing is the decision to act, the rest is merely tenacity.
- Amelia Earhart

Job title: Project Accountant

Location: Broad Oak in Portsmouth We offer a range of hybrid and flexible working arrangements - please speak to your recruiter about the options for this particular role.

Salary: £44,000

What you’ll be doing:

    • Primarily interfacing with project stakeholders to provide value adding financial support and challenge.
    • Creating and updating reports within our Finance tool (SAP BPC) and our ERP (SAP).
    • Providing support to Project Managers and Project Controllers ensuring that project finances are maintained in line with the Finance Control Framework (FCF).
    • Providing Project teams with sound and robust financial guidance. Working and partnering as a member of the project team, while providing rigorous challenge and compliance with financial policies and controls.
    • Bringing business acumen to bear in all discussions on delivery and winning of new business.
    • Supporting project reviews through the provision of accurate and timely contract status reports, summary status reports and other financial inputs to review packs.
    • Being responsible for balance sheet, P&L and cash flow of programme area.
    • Proactively seeking continuous improvement and challenging process, where required.
    • Supporting risk reviews, taking a considered approach to risk vs reward.

Your skills and experiences:


  • Previous accounting experience
  • A high level of familiarity in Excel
  • Commercial acumen with numerical / analytical skills


  • Knowledge of SAP BPC environment, in addition to SAP experience
  • Understanding of MoD and US DoD Accounting / Contracting requirements
  • CIMA/ACCA/ICEAW qualified, or part qualified with experience


You’ll receive benefits including a competitive pension scheme, enhanced annual leave allowance and a Company contributed Share Incentive Plan. You’ll also have access to additional benefits such as flexible working, an employee assistance programme, Cycle2work and employee discounts – you may also be eligible for an annual incentive.

The Finance Team:

As a Project Accountant, you will report to the Finance Manager and provide ad hoc support to Head of Finance on central reporting tasks, using our IT tools (BPC and SAP) to be bold and explore new ways of working and analysis data to enhance future performance. This role will provide you with the opportunity to develop your Project Accounting skills, grow further within a dynamic business, with support available towards a professional qualification.

You will need to have a proactive approach and the ability to use your own initiative, working independently & as part of a team. You will have the ability to influence others and generate successful outcomes using excellent communication skills and confident in dealing with senior stakeholders. This role will include elements of system and process design, sharing best practice and developing existing ways of working, so attention to detail is very important. You will have an aptitude to learn and a willingness to get involved in projects across functions.

Why BAE Systems?

This is a place where you’ll be able to make a real difference. You’ll be part of an inclusive culture that values diversity, rewards integrity, and merit, and where you’ll be empowered to fulfil your potential. We welcome candidates from all backgrounds and particularly from sections of the community who are currently underrepresented within our industry, including women, ethnic minorities, people with disabilities and LGBTQ+ individuals. We also want to make sure that our recruitment processes are as inclusive as possible. If you have a disability or health condition (for example dyslexia, autism, an anxiety disorder etc.) that may affect your performance in certain assessment types, please speak to your recruiter about potential reasonable adjustments.”

Please be aware that many roles working for BAE Systems will be subject to both security and export control restrictions. These restrictions mean that factors including your nationality, any previous nationalities you have held, and your place of birth may limit those roles you can perform for the organisation.