Accounting Vacancy in a Property Development Company in Lagos
Stresert Services Limited - Our client, one of the leading Property
Development Companies in Nigeria, is recruiting to fill the position
below:
Job Title: Project Accountant
Location: Lagos
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
- 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
- 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
- Approve the write off of any project-related billings that cannot be billed to or collected from clients
- 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
- 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
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
- 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).
- Extensive experience in the use of diverse accounting softwares
- Relevant experience or understanding of financial reporting standards
- Strong Project Management and administrative skills
How to Apply
Interested and qualified candidates should forward their CV's to:
[email protected] using ‘PRAC1’ as subject of your mail
Application Deadline 10th March, 2017.