Project Accountant (Construction) at Netconstruct Limited

NetConstruct is a leading real estate construction company known for its dedication to quality and customer satisfaction. We specialize in developing high-quality residential and commercial properties.

We are recruiting to fill the position below:

Job Title: Project Accountant (Construction)

Location: Abuja (FCT)
Employment Type: Full-time

Job Summary

• The Project Accountant will be responsible for ensuring the financial health and compliance of projects throughout their lifecycle.

Job Responsibilties
Key duties include:

• Financial Planning & Analysis:
  • Develop project budgets in collaboration with project managers and stakeholders.
  • Monitor and analyze project costs against budget, providing regular variance reports.
  • Forecast cash flow needs for each project and ensure adequate liquidity.
• Cost Management:
  • Track and record all project-related expenses, including materials, labor, and subcontractor payments.
  • Ensure proper allocation of costs to specific projects and phases.
  • Review and approve purchase orders and vendor invoices for project-related expenses.
• Financial Reporting:
  • Prepare monthly, quarterly, and annual financial reports for each project, highlighting key financial metrics and trends.
  • Provide detailed financial performance reports to management, including profit margins and return on investment (ROI).
• Compliance & Audit:
  • Ensure all project financial activities comply with company policies, tax regulations, and relevant accounting standards.
  • Facilitate audits by maintaining accurate and up-to-date financial records.
  • Coordinate with external auditors and provide necessary documentation during project audits.
• Risk Management:
  • Identify and mitigate financial risks associated with projects, such as cost overruns and delays.
  • Implement and enforce internal controls to safeguard project assets and resources.
• Liaison & Collaboration:
  • Work closely with project managers, procurement teams, and other departments to ensure financial alignment.
  • Act as the primary point of contact for financial queries related to projects.
  • Support contract negotiations by providing financial insights and cost analyses.

Application Closing Date
19th November, 2024.