Project Accountant

The Role

The Project Accountant is responsible for establishing a combination of:

• Robust project finance processes across Willis Re’s project portfolio

• Acting as a key business partner to the Chief of Staff, who oversees all project undertakings across the group, and the Group CIO.

• The role also incorporates technical accounting responsibilities for cost capitalization, identification and capturing of the information required to support UK Research & Development (R&D) tax credit claims, ensuring compliance with HMRC requirements and maximization of eligible relief.

The role will also oversee the design and implementation of the Workday Financials project module in conjunction with our delivery partners, you will deliver to the project management team the system tools and processes they can utilise to ensure accurate financial management and oversight of projects, including budgeting, forecasting, cost control, and reporting.

Key Responsibilities

• Process owner for Project management Financial control and reporting - including budgeting, forecasting, and capitalisation

• Responsible for the design and business implementation of the Workday Project module 

• Delivery of training, user guides and business acceptance of project financial proceses

• Establish the framework for determining the requirements, capturing the data and supporting the claim process for R&D tax credits in the UK

• Working alongside tax support to optimise the tax efficiency of projects, including assessment of global resource deployment and contracting and tax credit maximization

Skills & Experience

• Qualified accountant (ACA / ACCA / CIMA)

• Strong technical accounting knowledge

• Project accounting or business partnering experience

• Experience of system implementation, especially project management systems

• Advanced Excel skills

• Monthly reporting and performance analysis

• Technical accounting support (IAS 38, IFRS 15, FRS 102)

• Preparation and optimisation of UK R&D tax credit claims (SME / RDEC)

• Budgeting, forecasting, and financial modelling

• Maintain strong internal controls

• Stakeholder engagement and business partnering

Key Competencies

• Analytical mindset
• Attention to detail
• Strong communication skills
• Commercial awareness

Performance Measures

• Full adoption of project finance processes across the portfolio
• Forecast accuracy
• Successful R&D claims
• Stakeholder satisfaction – including the TMO/PMO team

About Willis Re

We combine specialist broking with analytics, modeling and research to help insurers optimize risk transfer, strengthen balance sheets and achieve sustainable growth. Our approach is relationship-driven, transparent and outcome-focused.

At the heart of Willis Re is a focus on delivering the most cutting-edge analytical solutions to enable more informed, better decision-making for risk selection, portfolio optimization, and capital management.

The launch of Willis Re brings a strategic advantage of being unhindered by legacy, an ability to leverage data, statistical models and advanced technologies with the best knowledge and expertise to deliver more efficient and effective reinsurance outcomes. This places Willis Re in a unique position to build a truly analytically driven business, focused on creating solutions for the reinsurance industry that are future led and forward thinking.

Willis Re will also leverage recognized technical expertise from WTW’s Insurance Consulting & Technology business including their advanced modeling and analytical capabilities. Alongside this will be WTW’s Research Network, an award-winning business supporting and influencing science to improve the understanding and quantification of risk.

Willis Re is committed to embracing a diverse, inclusive, and flexible work environment. We provide equal opportunity to all qualified individuals regardless of race, colour, religion, age, gender, gender expression, national origin, veteran status, disability, orientation, or any other legally protected categories. If you have a need that requires accommodation, please email us at [email protected]