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Project Accountant (Chartered) at a Reputable Company

Posted on Fri 04th Jul, 2025 - hotnigerianjobs.com --- (0 comments)


A reputable company is recruiting highly experienced candidates to fill the position below:

Job Title: Project Accountant (Chartered)

Location: Abuja (FCT)
Employment Type: Contract
Contract Duration: Two years (renewable)
Department: Accounts & Finance
Reports To: Senior Manager, Finance & Chief Financial Officer

Key Responsibilities
Financial Oversight & Compliance:

  • Review and validate all vouchers, invoices, and journal entries for correct coding, allocation, and authorization before submission to the CFO.
  • Ensure every transaction is fully documented, accurately recorded in the ERP, properly filed, and readily retrievable for audits and statutory reporting.
  • Maintain full compliance with IFRS/GAAP, Nigerian tax legislation, donor rules, and any other applicable regulations.

Budgeting, Forecasting & Funding Utilization:

  • Lead the annual budget cycle, multi-year forecasts, and funding-utilization plans for all projects.
  • Advise project teams on technical programme budgeting to align resources with implementation timelines.
  • Defend budgets and provide supporting schedules during presentations to the National Assembly, donors, and other stakeholders.
  • Track actuals vs. budget, perform variance analysis, and recommend corrective actions.

Cash‑Flow & Treasury Management:

  • Manage daily cash balances, bank reconciliations, and payment runs (ACH, cheques, online portals).
  • Prepare rolling cash-flow forecasts, highlighting liquidity gaps or surplus positions.
  • Proactively flag funding shortfalls and propose mitigation strategies (e.g., draw-downs, investment sweeps).

Financial Reporting & General Ledger Control:

  • Oversee month-end and year-end close, ensuring all sub-ledgers reconcile to the general ledger.
  • Produce accurate, timely monthly, quarterly, and annual financial statements and management dashboards.
  • Support the CFO with ad-hoc donor, regulatory, and board reports; ensure data integrity in the accounting software.

Audit, Internal Control & Policy Development:

  • Coordinate external audits and internal review missions, ensuring prompt resolution of findings.
  • Design, implement, and update finance policies, SOPs, and internal controls to strengthen accountability.
  • Continually monitor compliance and initiate process improvements that enhance efficiency and reduce risk.

Payroll, Tax & Statutory Obligations:

  • Supervise payroll processing, PAYE, pension, and other statutory deductions; confirm timely remittance.
  • Oversee preparation and filing of company and project tax returns (VAT, WHT, CIT, etc.).
  • Ensure prompt payment of salaries, vendor invoices, and statutory levies.

Cost, Inventory & Project Accounting:

  • Analyse project costs, track commitments, and ensure correct allocation to work breakdown structures.
  • Oversee inventory valuation and usage reporting to support procurement and production planning.
  • Provide cost insights to guide pricing, contract negotiations, and resource-use optimisation.

Stakeholder Engagement & Team Leadership:

  • Liaise with the Project Accountant and functional leads to ensure consistent, accurate financial data across all records.
  • Collaborate with executives and department heads to monitor financial performance and advise on cost-effective strategies.
  • Present clear financial insights to decision-makers and mentor junior accountants, fostering a high-performing finance team.

Systems & Process Optimisation:

  • Maintain data accuracy within the ERP; lead finance modules during system upgrades or new implementations.
  • Champion automation, paperless workflows, and best-practice reporting tools to drive continuous improvement.

Qualifications and Experience

  • Bachelor’s degree in Accounting, Finance, Economics, or related fields
  • A Master’s degree is an added advantage.
  • Professional certification (ACA, ACCA, CPA, or equivalent) is required.
  • Minimum of 9 years of progressive experience in financial management, preferably within donor-funded or government-linked projects in the power sector.
  • Demonstrated experience in project finance, donor compliance, and budgeting in a development or public sector context.
  • Strong analytical and problem-solving skills with attention to detail.
  • Proficiency in accounting software (e.g., Microsoft Dynamics, QuickBooks, Tally etc) Microsoft Excel.
  • Experience with the Remita platform is an added advantage.
  • Experience in audit coordination and familiarity with national and international financial reporting regulations is also an advantage.

Application Closing Date
11th July, 2025,

How to Apply
Interested and qualified candidates should submit their updated CVs to: wallnorthconsult@gmail.com using the Job tilte as the subject of the email.

Note: Only shortlisted candidates will be contacted for further steps in the recruitment process.


  

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