Project Accountant Vacancy At A Leading Property Development Company

Stresert Services- Our client is one of the Leading Property Development companies in Nigeria.

Job Position: Project Accountant

Job Location: Lagos State

Job Summary

The Project Accountant position is accountable for monitoring the progress of projects, investigating variances, approving expenses, and ensuring that project billings are issued to customers and payments collected.

Responsibilities & Duties

Create project accounts in the accounting system

Maintain project-related records, including contracts and change orders

Authorize access to project accounts

Authorize the transfer of expenses into and out of project-related accounts

Review and approve supplier invoices related to a project

Review and approve time sheets for work related to a project

Review and approve overhead charges to be applied to a project

Review account totals related to project assets and expenses

Investigate project variances and submit variance reports to line manager

Confer with receivables staff regarding unpaid contract billings

Report on project profitability to management

Report to management on any opportunities for additional billings

Report to management regarding the remaining funding available for projects

Create or approve all project-related billings

Investigate all project expenses not billed to clients

Approve the write off of any project-related billings that cannot be billed to or collected from clients

Close out project accounts upon project completion

Create and submit government reports and tax returns related to projects

Compile information for internal and external auditors, as required

Review and advice management on subcontract agreements

Manage and communicate job cash flow

Manage subcontractor payment distribution

Assist Project Manager in identifying the need for additional services

Issue project performance reports

Advise project team of accounting procedures and policies

Review owner contracts to ensure all terms and requirements are being met

Contribute to accounting team meetings with knowledge sharing and process improvement ideas

Assist with re-estimates to ensure revenue and cost is recorded

Ensure accuracy of Profit and Loss statements

Enter cash receipts and reconcile bank statements

Requirements:

Qualification: Bachelor’s degree in Accounting/related courses. Masters degree in Management, Finance or Accounting will be an added advantage.

Minimum Experience: At least 7 – 8 years of experience in Project Accounting, Finance.

Professional Membership: Associate Membership of ACCA, ICAN or other relevant professional association is required.

Skills & Competencies

Previous experience as a Project Accountant for a construction project is highly desirable

Sufficient accounting experience in a busy, tightly managed business environment, including: monthly reporting, budget preparation, financial modelling and cash flow reporting

Extensive experience in the use of diverse accounting software’s

Relevant experience or understanding of financial reporting standards

Strong Project Management and administrative skills

Strong relationship building skills and ability to manage relationships with key clients or stakeholders across the organization

Ability to work under pressure Sense of initiative, high sense of honesty and integrity

Good command of MS office (Word, advance Excel, PowerPoint, accounting softwares).

How to Apply

Experienced Project Accountants should forward CVs to ‘mgtpositions@stresert.com’ using ‘PRAC1’ as subject of mail.

Application Deadline

10th March, 2017.