Project Accountant needed at Dominion Consulting – Apply Now

Job Expired
10 months ago

Job title : Project Accountant

Job Location : Lagos

Deadline : May 26, 2023

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Job Description

  • The project accountant must possess deep project accounting knowledge as the position is accountable for monitoring the progress of projects, investigating variances/ discrepancies, and ensuring that project billings are issues to customers and payments collected in timely manner.

Principal Accountabilities

  • Create project accounts in the accounting system for each project and tracks profitability
  • Maintain project-related records, including contracts and change orders
  • Track access to project accounts
  • Monitor the transfer of expenses into and out of project-related accounts
  • Review and track supplier invoices related to project, ensure detailed and accurate information is provided.
  • Review and track time-sheets for work related to a project
  • Review and track overhead charges to be applied to a project
  • Review account totals/ milestones related to project assets and expenses- project team and SBCs and sending reports when project finished to show the position of the project
  • Investigate project variances and submit variance reports to related personnel with consequence management
  • Confer with receivable staff regarding unpaid contract billings and ensure this is done within stipulated time
  • Report on project profitable to management on a weekly basis
  • Report to management on any opportunities for additional billings
  • Report to management regarding the remaining funding available for projects vis-ö-vis budget agreed for the project
  • Create or approve all project-related billings to customers and ensuring prompt payments by following up aggressively without being reminded
  • Investigate all project expenses not billed to customers
  • Respond to requests for more details from customers by ensuring all Pos are received and billed accordingly in a timely manner
  • Track and chase POs, Payments, ensure necessary supporting documents are submitted and daily updates given
  • Close out project accounts upon project completion by ensuring all JCCs are duly signed and invoiced for and send final profitable reports on such projects
  • Create and submit government reports and tax returns related to projects
  • Compile information for internal and external auditors, as required Maintains company’s confidence and protects operations by keep financial information confidential.
  • Reconcile financial discrepancies by collecting and analyzing account information
  • Secure financial information by completing data base backups.
  • Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reportsquarterlyand End of year
  • Contribute to team effort by accomplishing related results as needed with no mistakes
  • Send weekly report on the company’s payment tracker/ invoice tracker.

Below are timelines:

  • PO is to be tracked and followed up daily.
  • PTP trackers to be sent weekly to the customer
  • Invoice payment tracker to be sent every Monday
  • Payments to be tracked and followed up every 48hrs.
  • Submission of invoices after all required documents are provided is immediate and personnel is not within the office, the management should be notified immediately. Acknowledge copies must be collected immediately.
  • No duplicated of invoices, first time right and attention to detailsis required.

Requirements

  • Candidates should possess a B.Sc Degree with a minimum of 3 years relevant work experience.
  • ICAN, ACA.

How to Apply for this Offer

Interested and qualified candidates should send their CV and Application Letter to: hr@dominionconsultingng.com using the Job Title as the subject of the mail.

  • Accounting / Financial Services jobs
  • Project Accountant jobs

  • This job has expired!