Project Accountant - L3Harris Technologies : Job Details

L3Harris Technologies is an agile global aerospace and defence technology innovator, delivering end-to-end solutions that meet customers’ mission-critical needs. The company provides advanced defence and commercial technologies across air, land, sea, space and cyber domains. L3Harris has approximately $18 billion in annual revenue and 48,000 employees, with customers in more than 100 countries.

Job Title - Project Accountant

Job Location - Farnborough, Hampshire

Role Type - 12-month Contract (with strong chance of leading to a permanent role)

We can offer hybrid working pattern, with time in our offices and your home, to enable a good work-life balance. We do require you to be on-site 2-3 days per week on average.

Job ID - 16570

About this opportunity and L3Harris UK

From 12 UK sites, our team of over 1,400 people deliver unique capabilities across air, land, sea, space and cyber for military, security and commercial customers, worldwide. L3Harris in Farnborough specialist in secure ground and airborne communication and network systems for the US military, international forces and commercial customers.

The Project Accountant is responsible for providing comprehensive financial management and support for various projects within the organization. The role involves ensuring the accurate reclassification, invoicing, cost analysis, and reconciliation of project-related financial transactions. The Project Accountant will also be responsible for preparing financial reports, managing project-related accruals, and supporting the Finance team in meeting the financial objectives of the business.

A few of our employee benefits

• Hybrid working where possible
• 25 days holiday per year (plus bank holidays), increasing with long service and with the opportunity to buy/sell up to 5 days
• Private medical insurance with optional family cover
• Pension scheme of up to 7% employer contribution
• Life Assurance 4x salary (flexible up to 10x)
• Group income protection
• Flexible opt-in extras such as a health care cash plan, dental insurance, gym membership, critical illness cover and cycle to work scheme
• Employee assistance program providing mental health and wellbeing support

What the role will involve

The responsibilities of your role will include the following:

• Project Reclassification: Regularly reclassify project-related financials to ensure accurate accounting.
• Invoicing and Cost Management: Prepare and raise invoices, calculate and post cost of sales (COS) for various projects.
• Intercompany Recharges: Prepare and process intercompany recharge files, ensuring calculations and approvals are completed.
• Warranty Reserve Management: Lead warranty reserve meetings, prepare calculations, and post relevant journals.
• Inventory and Stock Management: Manage material transfers, reconcile stock and inventory, and resolve related issues including GRNI reporting.
• Accruals Management: Prepare and post various accruals, including contractor and commission accruals, as needed.
• WIP Reconciliation: Prepare and present Work in Progress (WIP) reconciliations, and manage associated journal entries.
• Program Analysts Support and Ad Hoc Queries: Provide financial support for specific projects and address ad hoc financial tasks and queries from the wider business as well as own team.

What you’ll bring

The role of Project Accountantrequires the following experience and skills:

The ideal candidate for the role is a team player who works well with others and builds strong relationships across departments. They are inquisitive by nature, always seeking to understand the finer details of financial data and project requirements. Highly motivated, they are driven to achieve excellence and meet deadlines with a strong sense of responsibility. Additionally, they excel as an individual contributor, confidently handling tasks independently and making informed decisions with minimal supervision.

• Proven experience in project accounting or a related financial role, preferably within a large organisation
• Demonstrated experience in preparing complex financial reports, reconciliations, and managing large datasets
• Strong knowledge of accounting principles and practices
• Proficiency in financial software and tools, including advanced Excel skill
• Excellent analytical skills with the ability to interpret complex financial data and present findings clearly
• Strong attention to detail and a high level of accuracy in financial reporting
• Effective communication skills, with the ability to liaise with various departments and stakeholders
• Ability to work under pressure and meet tight deadlines
• Strong organisational skills, with the ability to manage multiple tasks and projects simultaneously
• A proactive approach to problem-solving and continuous improvement

Important to know

Due to the nature of our work many our roles require the ability to obtain a security clearance. Applicants who accept a conditional offer of employment must meet the requirement of right to work in the UK and must meet eligibility requirements for access to classified information and will be subject to government security checks.

As an equal opportunities’ employer, L3Harris is committed to the equal treatment of all current and prospective employees and does not condone discrimination on the basis of age, disability, sex, sexual orientation, pregnancy and maternity, race or ethnicity, religion or belief, gender identity, or marriage and civil partnership.

We aspire to have a diverse and inclusive workplace and strongly encourage suitably qualified applicants from a wide range of backgrounds to apply and join L3Harris.