Project Accountant and Cost Control

Project Accountant and Cost Control

Position Summary:

We are seeking a detail-oriented and proactive Project Accountant with strong expertise in cost optimisation and procurement to join our finance team. The ideal candidate will oversee financial aspects of projects, ensuring efficient budget management, project cost tracking and variance analysis, vendor cost control

Main Responsibilities

Key Responsibilities:

Project Accounting:

• Manage and maintain accurate budgets and cost tracking for Projects.
• Prepare monthly project financial reports, including variance analysis against budgets. Coordinate with project managers, business and finance teams.
• Monitor project expenditures, ensuring compliance with company policies and project budgets.
• Lead the Project Budget and forecasts across entities.
• Prepare Project Dashboards Proactively. Provide financial insights and recommendations to improve project efficiency and cost savings on projects.
• Work on Project Module in Unit 4, test and help in rollout.
• Proactive in setting up new processes.
• Support audits and internal controls related to project accounting.

Cost Optimization:

• Monitor vendor performance and cost trends to implement cost control measures.
• Assist in approvals by checking budgets, liaise with FP&A team.
• Cost analysis as required.

Requirements

Qualifications:

• Bachelor’s degree in Accounting, Finance, Business Administration, or related field.
• Professional accounting certification (CPA, ACCA, CMA) preferred.
• Minimum 5 years of experience in project accounting.
• Strong understanding of cost optimisation techniques and best practices.
• Proficiency in accounting software (e.g., SAP, Oracle, QuickBooks) and MS Office suite, especially Excel.
• Excellent analytical, negotiation, and communication skills.
• Ability to manage multiple priorities and work collaboratively across teams.

Competencies:

• Detail-oriented with strong numerical accuracy.
• Integrity and confidentiality in handling financial data.
• Strategic thinking and problem-solving.
• Time management and ability to handle multiple projects simultaneously.
• Work collaboratively with all stakeholders to achieve goals.
• Influencing skills.