Project Accountant (Construction) at Netconstruct Nigeria Limited

Job Overview

Location
Lagos, FCT
Job Type
Full Time
Date Posted
1 year ago

Additional Details

Job ID
106382
Job Views
61

Job Description






Job Summary




  • The Project Accountant will ensure the financial health and compliance of projects throughout their lifecycle. 



Responsibilities

Financial Planning & Analysis:




  • Develop project budgets in collaboration with project managers and stakeholders.

  • Monitor and analyze project costs against budget, providing regular variance reports.

  • Forecast cash flow needs for each project and ensure adequate liquidity.



Cost Management:




  • Track and record all project-related expenses, including materials, labor, and subcontractor payments.

  • Ensure proper allocation of costs to specific projects and phases.

  • Review and approve purchase orders and vendor invoices for project-related expenses.



Financial Reporting:




  • Prepare monthly, quarterly, and annual financial reports for each project, highlighting key financial metrics and trends.

  • Provide detailed financial performance reports to management, including profit margins and return on investment (ROI).



Compliance & Audit:




  • Ensure all project financial activities comply with company policies, tax regulations, and relevant accounting standards.

  • Facilitate audits by maintaining accurate and up-to-date financial records.

  • Coordinate with external auditors and provide necessary documentation during project audits.



Risk Management:




  • Identify and mitigate financial risks associated with projects, such as cost overruns and delays.

  • Implement and enforce internal controls to safeguard project assets and resources.



Liaison & Collaboration:




  • Work closely with project managers, procurement teams, and other departments to ensure financial alignment.

  • Act as the primary point of contact for financial queries related to projects.

  • Support contract negotiations by providing financial insights and cost analyses.



Qualifications




  • Interested candidates should possess a Bachelor's Degree with 4 years experience.



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