Project Accountant at MacTay Consulting

Summary:

• The project accountant 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.

Responsibilities:

• 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 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 regarding the remaining funding available for projects vis- a vis budget agreed for the project 
• Investigate all project expenses not billed to customers
• 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 project
• Crete and submit government reports and tax returns related to projects 20. Compile information for internal and external auditors, as required
• Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports on a quarterly basis and End of year
• Send weekly report on the company’s payment tracker/ invoice tracker.

Requirement:

• B.Sc in Accounting or Finance
• Minimum of 3 years experience in Project Accounting
• Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint) and other relevant software applications.