Project Cost Accountant

You are responsible for the accounting integrity of project financials, ensuring that project actuals, allocations (including overhead), subsidy accounting and revenue recognition are correctly reflected in the general ledger and compliant with IFRS and internal policies. You support the continuous improvement of accounting processes and procedures in a fast-paced, high-tech semiconductor environment. About Nearfield Instruments Nearfield Instruments (NFI) is a fast-growing scale-up high-tech company. We design, develop, integrate, market and service advanced metrology machines. Our machines enables our customers - the world’s leading chipmakers – to increase the production yields, and thus, functionality of their microchips, which in turn leads to smaller, more powerful consumer electronics. Founded in 2016, we bring together the most creative minds (approx. 380 employees) in science and technology and develop a one-of-a-kind, revolutionary high throughput Scanning Probe Microscopy system. Where will you be working? You’ll be joining a dynamic and passionate Finance team. It’s a group of driven professionals with diverse expertise and backgrounds, all working together to create a collaborative and inspiring environment. What will you be doing? You are responsible for the accounting integrity of project financials, ensuring that project actuals, allocations (including overhead), subsidy accounting and revenue recognition are correctly reflected in the general ledger and compliant with IFRS and internal policies. You support the continuous improvement of accounting processes and procedures in a fast-paced, high-tech semiconductor environment. Accounting & Reporting Ensure accurate recording of project costs, revenues, and related general ledger entries Validate project actuals, including cut-off, accruals, WIP, provisions, and cost allocations Set up and maintain project financial structures in the ERP system, including contract settings and billing logic Ensure correct project invoicing in line with contractual terms and milestones Apply and monitor IFRS-compliant revenue recognition for projects throughout the project lifecycle Perform periodic project accounting reviews and initiate adjustments where required Allocations & Subsidy Accounting Execute and monitor overhead allocation methodologies and ensure consistent application across projects Account for subsidies and grants, ensuring correct cost allocation, revenue matching, and financial presentation Support internal and external reporting, audits, and compliance related to subsidy rules and requirements Procedures & Controls Draft, document, and maintain clear and auditable accounting procedures for: Time & hours accounting Material absorption Overhead allocations Subsidy allocation and accounting treatment Ensure procedures are IFRS-compliant, consistently applied, and audit-proof Strengthen internal controls around project accounting, invoicing, and allocations Systems & Process Improvement Work within ERP and finance systems; Infor experience is a strong pre Support standardisation and optimisation of project accounting processes Ensure data integrity and traceability from project setup and transactions through to the general ledger Act as a key finance contact between project teams, finance, and systems