Cost Accountant at Mshel Homes Limited

Mshel Homes Limited is a real estate development and marketing company incorporated in 2018 with a unique vision to be the leading real estate company in Nigeria, with an outstanding reputation for honesty, integrity and impeccable customer service.

At Mshel Homes Limited our mission is to create a lifetime relationship with our clientele by deliverying property solutions through innovative and technological driven processes that caters to your real estate needs whilst adhering to the highest standards, systems and performance goals necessary to achieving your dreams.

We are recruiting to fill the position below:

Location: Cost Accountant

Location: Abuja

Job Summary

• We are seeking a detail-oriented Cost Accountant to provide accurate cost analysis, financial control, and contract cost reporting across the company's real estate development and construction projects.

Key Responsibilities

• Monitor and track all costs associated with construction and real estate contracts, ensuring expenditures remain within approved budgets.
• Review and validate contractor and subcontractor invoices, progress claims, and payment certificates against contract schedules and work done.
• Prepare and maintain contract cost schedules, cash flow projections, and cost-to-complete estimates for all active development projects.
• Analyse contract variations, change orders, and claims — assessing financial impact and advising the Contract Management team accordingly.
• Identify and escalate cost overruns, irregularities, or financial risks early, with recommended corrective actions.
• Prepare monthly, quarterly, and project-end cost reports highlighting budget vs. actual performance, variances, and financial risks.
• Conduct detailed cost analysis covering materials, labour, plant, and overhead to support informed financial decision-making.
• Reconcile contract costs in the accounting system and ensure accurate allocation to relevant project cost centres and general ledger accounts.
• Support the preparation and management of project budgets, conducting ongoing variance analysis and recommending cost control measures.
• Assist in contractor and supplier evaluation, reviewing BOQs, pricing schedules, and rate analyses to ensure value for money.
• Ensure all contract cost transactions are properly documented and compliant with company financial policies, accounting standards, and Nigerian regulatory requirements.
• Support internal and external audit processes by providing accurate cost data, documentation, and financial records as required.

Qualifications & Requirements

• Bachelor's Degree or HND in Accounting, Finance, Quantity Surveying, or a related discipline.
• Professional certification or membership in ICAN, ACCA, CIMA, or NIQS is an added advantage.
• 3–5 years of experience in cost accounting or project cost control, preferably in construction or real estate.
• Demonstrable experience in reviewing BOQs, contract valuations, and contractor payment certifications.
• Proficiency in advanced Microsoft Excel and accounting/ERP software; familiarity with Nigerian tax regulations (WHT, VAT) applicable to construction contracts.

What We Offer

• Salary: N200,000 - N300,000 / month. 
• Competitive salary and performance-based incentives.
• Opportunities for professional growth and development.
• A collaborative and innovative work environment.
• The chance to make a meaningful impact within the real estate industry.

Application Closing Date
Not Specified. 

Method of Application
Interested and qualified candidates should send their CV to: recruitment@mshelblocksandmachineries.com using the Job Title as the subject of the email.