Project Accountant

Project Accountant

Posted 5 days ago

Job Title : Project Accountant

Support Service : Shared Services – Finance Department

Job Location : Construction, Fabrication and Maintenance

General Description:

Project Accountant tracks all of the financial components of a project such as budgets, estimates, costs, bookings and billing. He will also be able to assess, review and present the cost, schedule, resources, and financial components of a project in one place.

Experience and Qualification

  • 3 to 5 years of experience in similar role in construction project management is required.
  • Minimum a bachelor’s degree in the field of accounting is required, any other professional qualifications such as CA, CIMA, CPA and ACCA likely to offer a competitive edge.
  • Hands on experience in the Finance & Project Management modules of Microsoft Dynamics 365 is required.

Responsibilities

  • Ability to review and analyse customer billing, collection credit control and risk assessment
  • Ability to review and analyse tenders and customer quotations
  • Maintenance of all relevant income and expenditure for each project.
  • Review and report project progress and account for month end revenue and cost accrual as per IFRS-15 standard
  • Report on project profitability to senior management by analyzing project expenses and providing relevant analysis and assessment
  • Overseeing project records and contracts to ensure terms are adhered to.
  • Developing financial systems along with IT support to make processes more user friendly.
  • Business partnering with non-finance managers to develop processes and the understanding of financial requirements.
  • Liaising with banks and arranging bank guarantees for advance payment, bid bonds and performance bonds
  • Prepare annual budget and monitor/report transaction against budget
  • Main records of project/site level assets and asset movements

Competencies

  • Project accountants must be highly analytical with strong attention to detail.
  • Planning and project management skills
  • Excellent oral and written communication skills
  • Ability to build strong relationships

Apply Online

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