Project Accountant at StreSERT Services Limited

StreSERT is a professional services organisation that offers quality stress-free solutions to corporate organisations. We offer business support and integrated solutions in different areas that ensure business objectives are achieved. Critically, we evaluate issues as they impact your business, and consequently deploy the appropriate skills and competencies to proffer the needed solutions.


Job Title: Project Accountant

Description

  • Our client is one of the leading property development companies in Nigeria.
  • 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 

  • 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

  • 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

  • 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).
Location: Lagos

Closing Date
5th March, 2017


Method of Application

  • Kindly send your CVs to: mgtpositions@stresert.com
  • Experienced candidates should forward CVs   using ‘PRAC1’ as subject of mail.


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