PROJECT COST ACCOUNTANT

Recruiter:

Kwakuhle Staffing

Job Ref:

KSS2021 PCA

Date posted:

Tuesday, February 16, 2021

Location:

Pretoria, South Africa

Salary:

Market Related

SUMMARY:
Be an integral part of the project team, ensuring that projects are done within budget and all project costs are accounted for Areas of experience: Construction IFRS and related standards Monitor, investigate variances and approve expenses on progress of projects Maintain and review the GL and reconcile Balance Sheet accounts

POSITION INFO:

KEY PERFORMANCE AREAS:

1. Develop, update, analyse and report on all Project Cost and Variance:

Responsible for reporting on budget against actual on a monthly basis for contract expenditure
Develop, implement and maintain a strategy focusing, tracking, analysing and reporting on project cost.
Develop, implement and maintain a strategy for tracking and setup of estimating budgets and cost control

2. Compile reports

Create and maintain reports to accurately reflect the current budgets, invoices and committed costs, cost to complete estimates, budget variances and cash flow projections.
Ensure that intercompany transactions are captured and ensuring that inter-company loan accounts balance.
Maintain and prepare monthly trends using the long-term costs plans as the basis. Develop the reports that compares monthly trends between long term cost plan, actual budget and project charter.
Reconciles long term cost plans (LTCP''s) prepared by PMID to finance records in GL.
Prepares and submit monthly status reports and progress performance evaluations to various stakeholders.
Prepares monthly managements reports on expenditure on projects, ensuring reconciliation on GL and PMID reports.

3. Manage the interface with Finance

Update current policies and procedures to suit new developments and changes within the organisation and where necessary, develop new policies and procedures.
Establish standards methods and procedures to be used by other divisions
Maintain quality assurance and control on assigned projects schedules.

4. Backup Assistant Management Accountant

Performs other duties as assigned by management.
Prepare lessons learned on completed projects.

REQUIREMENTS

BCOM Accounting or equivalent.
Honours degree will be advantageous.
5 years experience in financial & Management Accounting reporting environment.
Preferably experience in project cost accounting on construction projects.
Budget management, preparation and consolidation experience is a must.

NB! This job is now closed. You can apply for other jobs by uploading your CV.

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