Project Accountant at Mactay Consulting

MacTay Consulting is one of the first and leading management consulting firms in Nigeria, providing HR services to our clients in Africa since 1982. We focus on adding value to organisations through customized solutions that meet our clients’ needs. We have a proven track record of providing excellent services that impact our clients’ businesses.

We are recruiting to fill the position below:

Job Title: Project Accountant

Location: Victoria Island, Lagos
Employment Type: Full-time

Summary

• The project accountant position is accountable for monitoring the progress of projects, investigating variances/ discrepancies, and ensuring that project billings are issues to customers and payments collected in timely manner.

Responsibilities

• Create project accounts in the accounting system for each project and tracks profitability
• Maintain project-related records, including contracts and change orders
• Track access to project accounts
• Monitor the transfer of expenses into and out of project-related accounts
• Review and track supplier invoices related to project, ensure detailed and accurate information is provided.
• Review and track overhead charges to be applied to a project
• Review account totals/ milestones related to project assets and expenses- project team and SBCs and sending reports when project finished to show the position of the project
• Investigate project variances and submit variance reports to related personnel with consequence management
• Confer with receivable staff regarding unpaid contract billings and ensure this is done within stipulated time
• Report on project profitable to management on a weekly basis
• Report to management regarding the remaining funding available for projects vis- a vis budget agreed for the project
• Investigate all project expenses not billed to customers
• Track and chase POs, Payments, ensure necessary supporting documents are submitted and daily updates given
• Close out project accounts upon project completion by ensuring all JCCs are duly signed and invoiced for and send final profitable reports on such project
• Crete and submit government reports and tax returns related to projects 20. Compile information for internal and external auditors, as required
• Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports on a quarterly basis and End of year
• Send weekly report on the company’s payment tracker/ invoice tracker.

Requirements

• B.Sc in Accounting or Finance
• Minimum of 3 years experience in Project Accounting
• Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint) and other relevant software applications.

Salary Range
N250,000 - N400,000 / month.

Application Closing Date
1st April, 2024.