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A leading maritime services provider in Portsmouth is seeking a Project Accountant to manage all project financial transactions at HM Naval Base. The role involves overseeing cost allocations and revenue recognition, alongside collaborating with project teams to provide insightful financial reporting. Ideal candidates will have project accounting experience, understanding of IFRS 15, and strong communication skills. This position offers competitive salary, excellent benefits, and opportunities for professional growth.
Job Title: Project Accountant
Location: HM Naval Base, Portsmouth (HMNBP)
Service Area: Finance
Hours of Work: 37 Per week
Salary: up to £40,000
As a Project Accountant at KBS Maritime, you’ll play a key role in providing end-to-end accounting support for facilities management and construction projects at HM Naval Base Portsmouth. As part of a team, you will oversee all project financial transactions, including cost allocations, timesheet recording, and revenue recognition under IFRS 15. Reporting to the Financial Controller, you will partner closely with project and commercial teams to deliver timely, accurate, and insightful project reporting, support monthly forecasting, and ensure robust financial governance. Your responsibilities will include managing the revenue cycle from recognition through to customer billing and collection, preparing forecasts and project estimates, and maintaining effective reporting structures. You’ll also deputise for the Senior Project Accountant as required, collaborate across functions to drive process improvements, and provide clear financial insights to support decision‑making and enhance project performance.
To excel in this position, you should ideally have prior experience in project accounting, with a strong understanding of the practical application of IFRS 15. Experience partnering with colleagues in a small team setting to drive results is desirable, as is a background in the defence sector or construction services. Proficiency with ERP systems such as SAP B1, and advanced IT skills in the Microsoft Office suite, are highly valued. Qualified accountant status (such as ACA, ACCA, or CIMA) is preferred, and holding BPSS or SC security clearance would be advantageous.
You are someone who thrives in a collaborative and fast‑paced environment, demonstrating strong analytical skills and the ability to present complex financial information in a clear and accessible way for both finance and non‑finance stakeholders. Your excellent communication skills enable you to influence decisions and build trust across teams. You are proactive, results‑driven, and dedicated to continuous improvement, showing initiative and professionalism in all you do. Above all, you embody the values of KBS Maritime, making a positive contribution to the team and helping to foster a culture of excellence, accountability, and innovation.
Applications are urged to apply prior to the advertising closing date of Friday 9th January 2026, with a view of interviews scheduled to commence week commencing Monday 12th January 2026. For all queries, please contact recruitment@kbsmaritime.com in the first instance who will advise accordingly.
At KBS Maritime, we’re not just another company – we’re an exciting and dynamic joint venture between industry leaders BAE Systems and KBR. Our team is dedicated to providing Asset Management, Infrastructure Management, Energy Solutions and Alongside Services at His Majesty’s Naval Base Portsmouth (HMNBP), the beating heart of the Royal Navy.
With almost two-thirds of the Royal Navy’s surface ships stationed at HMNBP, working with KBS Maritime means being at the front‑line of innovation and progress. We operate in a unique and fascinating environment, with a mix of historic dockyards and cutting‑edge infrastructure that’s unlike any other.
By delivering state‑of‑the‑art solutions to the Royal Navy, KBS Maritime offers the chance to work on projects that make a real difference to the safety, security, and sustainability of the UK’s National Defence and Security. But it’s not just about the work – at KBS Maritime, we believe in the value of our people. We have the ethos of a small business, which means we value and empower our team members to succeed.