Project Accountant

UGL provides engineering, construction, and maintenance services across industries including oil and gas, power, renewables, resources, water, defence, and telecommunications, in a fast-paced and ever-evolving environment.

Be part of our team delivering North East Link which is Victoria’s largest transport infrastructure project. Joining this landmark project offers you the opportunity to gain invaluable experience on one of Australia’s most complex and career-defining infrastructure programs. Upon completion, North East Link will transform Melbourne’s transport network, reducing congestion, improving connectivity, and creating a lasting legacy for the city.

About the role

With a significant pipeline of opportunities identified across the Transport and Technology sectors, UGL are seeking to appoint an experienced Project Accountant working in the major projects space based from our Abbotsford project office.

The role partners with Project and Operational Leaders to deliver financial insights, manage project performance, support decision-making, and drive successful financial outcomes throughout the project lifecycle.

Key responsibilities

• Interpret and apply company accounting policies and methods to project accounting activities ensuring project, business unit, company and statutory reporting requirements are being met. 

• Prepare monthly project finance reports and all active sub-projects including details of cost to date, forecast cost to complete, allocated operational overheads, variances against budgets, financial outcome of risks and opportunities, cash flow, and forecast information.

• Produce consolidated status of project reports/reviews, assisting Area Managers/Project Managers to interpret information, making recommendations for adjustments and assisting in future planning/production scheduling/ forecasting etc.

• Review and analyse all actual costs/expenses against standard costs, identifying and investigating any discrepancies/ blow outs, highlighting concerns to relevant manager and assisting them to put plans in place to recover variances and ensure does not continue to happen. Provide feedback on variances to standard costs and budgets as required. 

• Working with individual project managers, update the cost to complete each month as inputs in the monthly forecast report.

• Ensure all project invoices are paid and settled in a timely fashion, including investigating and resolving any project invoice disputes, maintaining good customer relations with suppliers and customers.

• Working with project management, ensure all costs, including timesheets, are allocated to correct WBS

• Present financial information, have a dialogue with team members, with limited experience and understanding of financial matters, at all levels within the project team.

• Assist in the preparation of monthly progress claims on the customer.

• Undertake any adhoc projects, initiatives, tasks as directed by the General Manager Finance.

• Coordinate activities pertaining to intellectual property, including protection of intellectual property and developing models to leverage intellectual property (eg technology transfer and royalty arrangements).

• Monthly balance sheet reconciliation and cash flow reporting.

• Invoice processing.

• Ensure compliance with all record keeping requirements.

About You

• CA or CPA qualification plus a relevant commercial/ finance/ business degree from an accredited institute preferred.

• Accounting experience on large scale infrastructure project/s is essential

• Strong communication skills including strong negotiation and influencing skills and the ability to establish effective working relationships with a variety of people at different levels both internally and externally.

• Proficient skills in computers: MS Word, Excel, email, SAP experience preferred

About UGL

As a member of the CIMIC Group of companies, we value diversity in our team’s backgrounds, ideas, work styles.

We are an Equal Opportunity Employer and strongly encourage applications from women, people with disabilities, Aboriginal & Torres Strait Islander people, mature aged workers and individuals from culturally diverse backgrounds.

What we offer

• Benefit from 16 weeks of paid primary parental leave.

• Complimentary salary continuance insurance.

• Discounted Medibank health insurance.

• Shape your career with an Individual Development Plan.

• Participate in our Wellness Program with AIA Vitality.

• Access our OneRewards Discount Program.

How to apply 

If this role sounds like you, please click on the apply button and follow the prompts. We will get in touch if you are shortlisted for this opportunity.

Please note: As part of the recruitment process, relevant screening checks will be conducted. These may include reference checks, verification of the right to work in Australia, a national criminal history check, anti-money laundering checks, and a pre-employment medical assessment (including drug and alcohol screening).

Job Ref 269129