Project Accountant at Ascentech Services Limited

Job Summary

• We are seeking an experienced Project Accountant to manage financial and accounting activities related to engineering, procurement, construction, and other project-based operations.
• The ideal candidate will have strong knowledge of project accounting, cost monitoring, budgeting, financial reporting, and financial control, preferably within a construction, engineering, EPC, oil & gas, or other project-based environment.

Responsibilities

• Manage day-to-day accounting activities for assigned projects.
• Monitor project costs, budgets, expenses, and overall financial performance.
• Prepare project financial reports, statements, and cost analyses.
• Track project expenditures against approved budgets and identify, investigate, and report variances.
• Process and reconcile invoices, payments, receivables, and payables.
• Maintain accurate records of all project-related financial transactions.
• Support project budgeting, forecasting, and cash-flow management.
• Reconcile bank accounts, ledgers, and project accounts.
• Monitor purchase orders, commitments, project expenses, and outstanding obligations.
• Support project teams with financial information and cost-control measures.
• Ensure proper documentation and financial controls are maintained across projects.
• Ensure compliance with applicable accounting standards, tax regulations, and company policies.

Requirements

• Bachelor's Degree in Accounting, Finance, or a related field.
• 3–5 years of relevant accounting experience, preferably within an EPC, engineering, construction, oil & gas, infrastructure, or other project-based environment.
• Strong understanding of project accounting and cost control.
• Experience monitoring project budgets, expenditures, and cost variances.
• Proficiency in Microsoft Excel and accounting/ERP software.
• Good knowledge of financial reporting, reconciliations, and financial analysis.
• Strong analytical, numerical, and problem-solving skills.
• Attention to detail and ability to manage multiple project-related transactions.
• Good communication and organisational skills.
• Must be based in or willing to work in Abuja.