Project Accountant (Real Estate / Construction Experience) 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 (Real Estate / Construction Experience)

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

Key Responsibilities
The Project Accountant will ensure the projects' financial health and compliance throughout their lifecycle. 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, labour, 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.

Qualifications & Skills
Educational Requirements:

• Bachelor’s Degree in Accounting, Finance, or a related field.
• Professional certifications such as ACA, ACCA, or CIMA are preferred.

Experience:

• Minimum of 3-5 years of experience in accounting, with at least 2 years in project or construction accounting.
• Experience in the real estate or construction industry is highly desirable.

Technical Skills:

• Proficiency in accounting software (e.g., QuickBooks, Sage, or similar) and Microsoft Excel.
• Strong understanding of project cost control, budget management, and financial reporting.

Soft Skills:

• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal abilities.
• High level of accuracy and attention to detail.
• Ability to work under pressure and meet tight deadlines.

Application Closing Date
2nd December, 2024.