Project Accountant GAAP Changes

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Project Accountant

Birmingham (SCC operates hybrid working, which comprises a mix of office and home working)

6 month FTC with a potential to extend

£80,000-£100,000 plus large company benefits, a broad flexible benefits scheme, and 2 paid‑for volunteering days a year

9.00 am – 5.30 pm Monday – Friday

2-stage process

• An inclusive workplace
• Excellent package: solid basic and company benefits
• Hybrid working & core hours in line with role requirements
• Career development and life‑long learning opportunities
• Opportunity to join Europe's largest privately‑owned IT Company

We are seeking an experienced Project Accountant to support the finance function through a significant period of change. The role will focus primarily on the implementation of FRED 82 leases and revenue recognition under UK GAAP
, ensuring accounting policy changes are successfully delivered, systems and processes are updated, and stakeholders are supported throughout the transition.

• Lead the assessment of the impact of revised FRS 102 revenue recognition requirements on existing contracts and income streams.
• Review current revenue recognition policies and identify differences under the amended standard.
• Perform contract reviews and revenue stream mapping to assess timing and measurement impacts.
• Design and document revised accounting policies aligned with FRS 102 transitional guidance.
• Lead the quantification of transition adjustments, including comparative restatements where required.
• Design and implement the implementation of revised processes and controls for ongoing revenue recognition.
• Prepare high‑quality accounting papers documenting transition decisions, judgements, and estimates.
• Liaise with internal stakeholders (Finance, Legal, Operations, Procurement) to gather inputs and explain accounting impacts.

• Assess the impact of revised lease accounting requirements under FRS 102, including identification and classification of lease arrangements.
• Review existing lease registers and completeness of lease data.
• Calculate right‑of‑use assets and lease liabilities where applicable, including transition entries.
• Prepare transition journals and accounting papers in line with the chosen transition approach.
• Support the development of a robust lease accounting framework for ongoing compliance.
• Support the implementation of revised processes and controls for ongoing lease accounting.
• Liaise with internal stakeholders (Finance, Legal, Operations, Procurement) to gather inputs and explain accounting impacts.

• Support changes to finance systems and reporting tools to accommodate revised accounting treatments.
• Review and enhance internal controls impacted by revenue or lease changes.
• Assist in updating process documentation and month‑end procedures.

• Support training and knowledge transfer to finance colleagues on new FRS 102 requirements.
• Develop practical guidance materials where appropriate.
• Ensure new processes are appropriately documented and embedded into BAU.

• Qualifications:
  
  Qualified accountant (ACA / ACCA / CIMA or equivalent).
• Project
  
  Experience:
  
  Proven experience delivering accounting change or transition projects.
• Practical Application:
  Ability to interpret accounting standards and apply them to real‑world commercial arrangements.
• Technical Knowledge:
  Strong technical accounting knowledge of FRS 102, particularly revenue recognition and lease accounting. Strong understanding of external audit requirements.
• Proactive:
  Self‑motivated with the ability to work independently and manage multiple project work streams.
• Change management:
  Expert in driving and managing change, including strong stakeholder management and influencing skills.
• Communication:
  Excellent written and verbal communication skills, with the ability to explain technical matters clearly to senior stakeholders and non‑specialists, collaborating effectively across departments.
• Solu…