Project Accountant at a Telecommunication, Utilities and Energy Company - Stretch-it Concepts

Stretch-it Concepts - Our client in the telecommunications sector is recruiting to fill the position below:

Job Title: Project Accountant 

Location: Lagos
Employment Type: Full-time

Job Summary
We're seeking a skilled Project Accountant who had worked in the Energy, Telecommunication and Utility sector to join our team. This role is crucial in monitoring project progress, investigating variances, and ensuring timely billing and payment collection.

Responsibilities

• Creating project accounts in the accounting system and monitoring profitability.
• Maintaining project records, including contracts and change orders.
• Tracking access to project accounts.
• Monitoring the transfer of expenses into and out of project-related accounts.
• Reviewing supplier invoices and ensuring accuracy.
• Reviewing time sheets for project-related work.
• Tracking overhead charges applied to projects.
• Reviewing project asset and expense accounts, providing reports upon project completion.
• Investigating project variances and submitting reports.
• Collaborating with receivable staff on unpaid contract billings.
• Reporting project profitability to management on a weekly basis.
• Identifying opportunities for additional billings.
• Reporting remaining project funding versus budget.
• Creating or approving project billings and ensuring prompt payments.
• Investigating unbilled project expenses.
• Responding to customer requests for billing details.
• Tracking and chasing purchase orders and payments.
• Closing out project accounts upon completion.
• Creating and submitting government reports and tax returns related to projects.
• Compiling information for internal and external auditors.

Requirements

• Proven experience as a Project Accountant or similar role.
• Strong understanding of project accounting principles and procedures.
• Proficiency in accounting software and MS Office, especially Excel.
• Excellent analytical and problem-solving skills.
• Attention to detail and accuracy in data entry.
• Ability to meet tight deadlines and work under pressure.
• Effective communication and interpersonal skills.
• Bachelor's degree in Accounting, Finance, or related field.
• Professional certification (e.g., ACCA) is a plus.

Additional Details

• Maintain confidentiality of financial information.
• Reconcile financial discrepancies and ensure data security.
• Summarize financial status quarterly and annually.
• Contribute to team efforts and send weekly reports.
• Adhere to timelines for tracking purchase orders, payments, and invoices.
• Immediate submission of invoices and notification of absence.

Application Closing Date
19th May, 2024.

How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the job title as the subject of the mail.