• SKILL LEVEL:
  • Proficient

Project accountant


What is a project accountant and what do they do?

A project accountant monitors the progress of projects, investigates variances, approves expenses, and ensures that project billings are issued to customers and payments collected, where relevant. Project accountants play a dual role of gatekeeper (reporting a view of how the project is tracking financially) and advisor (advising the project team on the financial treatment and implications of decisions) liaising with project and finance teams. They may also assist with the development of the financial aspects of the business case for each proposed project. 

Capabilities

While the accountancy profession offers diverse career options and paths, the core capabilities required to perform at the highest standards remain the same - irrespective of skill level or job role.

Collaboration Digital Drive Ethics Expertise Insight Sustainability
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Continuing professional development at ACCA

A commitment to life-long learning is a vital part of your ACCA membership; it unlocks the full potential of your career choices - and drives forward the profession.

We deliver a wide range of CPD resources tailored to different areas of expertise - and an ever-changing profession. Our, and your, commitment to quality CPD ensures you will have the most up-to-date skills to perform at the highest standard. 

So, get started (or restarted) and take a look at our curated list of the most relevant CPD resources to secure and succeed in this role.

units 7

Online course

Becoming a project manager 5 course pack

This five course pack from BPP will give you a firm foundation in managing projects; you’ll understand the essential elements of a project, including governance and project structure. You’ll learn more about how to engage with stakeholders at all levels involved in the project, while being assertive and getting your point across. You will also learn the importance of process, and how you can optimise processes and utilise tools for successful performance.

By completing this pack, you will gain a better understanding of: 
 

  • how to manage a project, its governance structure and utilising project tools 
  • engaging with project stakeholders 
  • process and drivers for change  
  • how to remain assertive when managing a project.
units 7

Online course

Essential skills to progress your career in finance 5 course pack

This five-course pack from BPP seeks to develop the skills needed for finance professionals to meet the changes they are now facing in their roles. Times, and perceptions, have changed. Increasingly businesses are looking to finance to be more of a partner in their success and less of an overhead. This change of perception has led to increasing opportunities for finance professionals within businesses, away from the day to day processing of journals or budgets. This change of direction has also become a challenge; do finance professionals have the appropriate business and relationship skills, and behaviours, to meet the new role? 

This pack aims to provide knowledge and a development structure that will enable you to meet the changing demands of the modern day finance professional. By completing this pack, you will gain a better understanding of:  

  • communicating effectively 
  • how to give excellent presentations 
  • the nature of management and leadership 
  • the key elements of effective project management (using Prince 2 methodology) 
  • how to negotiate successfully.
units 4

Online course

Operational cost savings and efficiencies

Is your organisation or project running efficiently? When things are going well, we often don’t spend enough time looking for efficiency improvements, and if things are going badly there can be a tendency to resort to arbitrary cost-cutting which can risk success in the long term.

This course provides a framework to help you improve your organisation’s efficiency. It helps you to analyse your business, consider where to best focus your resources and review how to balance short-term cost reductions with longer-term business needs to ensure a secure future for your business. Discover how to best plan your cost savings and, once you have decided on your plan, how to deliver this project and manage stakeholder expectations.

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Find more CPD resources on ACCA Learning

How does the ACCA Qualification prepare you for this job role?

From a combination of exams, ethics and experience, the ACCA Qualification will boost your employability and performance at every stage of your career journey.

Here we have listed some elements of the ACCA Qualification that will help you perform at the highest standard in this job role.