Project Accountant

Job Title: Project Accountant

Job Summary:

The Project Accountant is responsible for managing and monitoring the financial aspects of construction projects, ensuring that project budgets are managed effectively and that financial reporting is accurate and timely. They work closely with project managers, contractors, and other stakeholders to ensure that financial resources are allocated appropriately and that financial risks are properly managed.

Duties and Responsibilities:

• Prepare and manage project budgets, ensuring that they are accurate and up-to-date.
• Monitor project costs and expenses, including tracking and reconciling project accounts.
• Prepare and process invoices, purchase orders, and other financial transactions related to the project.
• Prepare financial reports and forecasts, ensuring that they are accurate and up-to-date.
• Conduct financial analysis and provide recommendations to project managers on financial risks and opportunities.
• Ensure compliance with financial regulations and accounting standards, and maintain financial records and documentation.
• Manage project cash flows, ensuring that financial resources are allocated appropriately and that cash reserves are maintained.
• Provide technical support and advice to project managers, contractors, and other stakeholders, ensuring that they have the necessary financial information to manage the project effectively.

Qualifications:

• Bachelor's degree in accounting, finance, or a related field.
• At least 5 years of experience in project accounting, preferably in the construction industry.
• Strong knowledge of accounting principles and practices, including project cost accounting, financial analysis, and financial reporting.
• Familiarity with project management principles and practices.
• Proficiency in financial software and accounting tools, such as QuickBooks, Excel, or other relevant software.
• Excellent communication, interpersonal, and analytical skills.
• Ability to work independently, with minimal supervision.
• Ability to manage multiple tasks and projects simultaneously.