The BG&E Finance team is looking for a Financial Accountant to support Project Managers and the Group Finance Manager in overseeing the financial transactions of projects to deliver accuracy in financial and management reporting.About BG&EBG&E is an employee-owned engineering consultancy with more than half a century of experience.
United by a common purpose – we believe that truly great engineering takes curiosity, bravery and trust, and is the key to creating extraordinary built environments.Our offering is underpinned through the utilisation of BG&E's extensive local knowledge, leveraging off our diverse proficiency in concrete, structural steel, masonry, and timber structures.
Working with us provides you with variety.
We work alongside a diverse range of clients, from private asset owners, to contractors, and state government agencies.At BG&E, we live our values every day: to demonstrate care and integrity, strive to pursue excellence, and serve as one team, that is 'The BG&E Way'.
We empower our people to be empathic, high-performing and creative, and contribute to communities.The RoleThe Financial Accountant is responsible for overseeing the quality and accuracy of financial transactions of projects to deliver accuracy in financial reporting, ensure clients are billed in a timely manner, and trends are acted upon.
Your role includes overseeing revenue recognition, monitoring financial performance, reviewing Work-in-Progress (WIP) and debtor aging, and collaborating with project managers to track and improve financial outcomes.
You will prepare detailed financial reports, identify variances, and implement process improvements to enhance project financial controls.Naturally inquisitive, you will be driven by a passion for ensuring the accuracy of revenue and the balance sheet, with the ability to accurately apply Accounting Standards.
You will excel at quickly identifying and escalating issues to improve the overall accuracy and reliability of outputs.
We are looking for someone who is highly motivated by numbers and precision, taking pride in thorough and accurate work.Key AccountabilitiesRevenue Recognition:Identify and investigate projects where revenue recognised in project to date, year to date or within a month is abnormal.Ensure compliance with revenue recognition policies, procedures, and accounting standards within the management and financial reports.Identification and financial analysis of potential onerous contracts.Financial Oversight:Monitor project budgets and forecasts, ensuring accurate and timely financial reporting and proactive identification of poorly or unusually performing projects.Review of Project Monthly Status Reports investigating further any anomalies and ensuring Senior Finance Team members are aware.Assist with the development of cash flow analysis, and revenue and cost projections.Balance Sheet:Monitor and investigate as required the WIP and Debtor balances ensuring balances are recognised in accordance with accounting standards including recoverability and revenue recognition explaining any unusual items or anomalies.Initiate and manage the WIP and bad debt write off processes.Review the expected credit losses ("ECL") rates and the ECL calculations.Reporting and Analysis:Work with the Commercial analyst and wider Finance Team to provide meaningful commentary on WIP, debtor balances, and project contribution margins on a monthly basis.Conduct detailed financial analysis to support decision-making and strategic planning.Prepare revenue and debtors related disclosures for both the Australian and International entities to ensure the respective statutory financial statements comply with relevant accounting standards.Process Improvement:Identify potential risks based on outcomes of investigations and work with the wider Finance team to mitigate.Identify and assist with the implementation of process improvements to enhance financial controls and project efficiency, including:Invoice preparation & following up on debtors.End of Month Project Reviews and Report Preparation.Tracking of project variations.Timesheet approvals and time reporting.Subcontractor invoice processing.About YouEducation:Bachelor's degree in accounting or financeMust be CA or equivalent designation or well progressed towards completion of designation.Experience:3 to 5 years of experience in an external audit role ideally working with professional services clients.Skills:Strong understanding of revenue recognition principles and project accounting.Excellent analytical, problem-solving, and decision-making skills.Proficient in financial software and MS Office applications, especially Excel.Strong communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.Detail-oriented with a high level of accuracy in financial reporting.Life at BG&EFlexible working arrangements to help achieve real work life balance.Health and wellbeing support via a confidential Employee Assistance Program.Competitive remuneration, compensation, and Paternal Leave.On-the-job coaching to help you be the best you can be, including leveraging BG&E's global network of experts to help you realise your professional development goals.Learning and development initiatives – Professional Memberships.Shared ValuesEngender the BG&E Way and incorporate that into policies, processes, systems and service delivery.Be an advocate of BG&E both internally and externally.Preserve the culture of BG&E, maintaining collaborative relationships globally.Wellbeing and SafetyBG&E provides collaborative working environments, which supports the safety and wellbeing of all employees and stakeholders.
As an organisation, we strive to continually mitigate risks, and to improve our safety systems and performance.Diversity and InclusionEquality is part of BG&E's DNA.
We value who you are – it begins with our values and continues through our culture – and is fostered throughout our workplaces.
We recognise and celebrate difference and encourage our people and potential candidates to be comfortable in bringing your complete self to work.SustainabilityBG&E is in a privileged position to apply our technical expertise to help restore balance in the natural and built environments.
Our Environmental, Social & Governance (ESG) Committee is building on the outcomes which have been achieved by working with clients, employees, communities and suppliers, to harmoniously transition into a low-carbon economy.#J-18808-Ljbffr
