Job Summary
- The Accountant will be responsible for managing the financial operations of Bau Strabe Limited, with a strong focus on construction project accounting, cost control, and financial reporting.
- The role involves tracking project expenditures, managing site finances, ensuring regulatory compliance, and providing financial insights to support efficient project delivery and profitability.
Key Responsibilities
Financial Management & Reporting:
- Prepare and maintain accurate financial records, including general ledger, journals, and financial statements.
- Produce monthly management accounts and project financial reports.
- Monitor company cash flow and provide regular financial updates to management.
Project & Site Accounting:
- Track project costs (labour, materials, equipment, subcontractors) against approved budgets.
- Prepare cost analysis reports for each project and highlight variances.
- Manage site petty cash and operational float, ensuring proper documentation and retirement.
- Work closely with the Project Manager to monitor project profitability and cost efficiency.
Accounts Payable & Receivable:
- Process supplier invoices and subcontractor payments.
- Manage client invoicing, interim payment applications, and follow up on receivables.
- Maintain accurate records of all payables and receivables.
Payroll & Statutory Compliance:
- Prepare and process staff payroll, including site workers.
- Ensure timely remittance of statutory deductions (PAYE, VAT, WHT, Pension, NSITF, etc.).
- Ensure compliance with Nigerian financial regulations and tax laws.
Banking & Reconciliation:
- Perform bank reconciliations and resolve discrepancies.
- Manage company bank accounts and monitor transactions.
Audit & Documentation:
- Support internal and external audits by providing required documentation.
- Maintain proper filing systems for all financial and project-related documents.
Key Performance Indicators (KPIs)
- Accuracy and timeliness of financial reports
- Effective cost control on projects
- Timely processing of payments and payroll
- Compliance with statutory obligations
- Reduction in financial discrepancies and audit queries.
Qualifications & Requirements
- HND or Bachelor’s degree in Accounting, Finance, or related field.
- Professional certification (ICAN or ACCA) is highly desirable.
- 3–5 years’ experience, preferably in a construction or engineering company.
- Strong knowledge of project accounting and cost control.
- Proficiency in accounting software (e.g., Sage, QuickBooks, or similar).
- Good understanding of Nigerian tax and statutory requirements.
- Advanced use of Microsoft Excel for financial analysis.
Key Competencies:
- Strong attention to detail and accuracy
- High level of integrity and accountability
- Ability to work under pressure and meet deadlines
- Strong analytical and reporting skills
- Effective communication and teamwork
- Ability to manage site-based financial operations.