Project Accountant at a Telecommunication, Utilities and Energy Company - Stretch-it Concepts

Lagos, Nigeria

Job Description

Stretch-it Concepts - Our client in the telecommunications sector is recruiting to fill the position of a Project Accountant 

We're seeking a skilled Project Accountant who had worked in the Energy, Telecommunication and Utility sector to join our team. This role is crucial in monitoring project progress, investigating variances, and ensuring timely billing and payment collection

Job Industry

Finance, Accounting And Assurance Services

Job Salary Currency

NGN

Job Salary Fixed

No

Key Deliverables

  • Creating project accounts in the accounting system and monitoring profitability.
  • Maintaining project records, including contracts and change orders.
  • Tracking access to project accounts.
  • Monitoring the transfer of expenses into and out of project-related accounts.
  • Reviewing supplier invoices and ensuring accuracy.
  • Reviewing time sheets for project-related work.
  • Tracking overhead charges applied to projects.
  • Reviewing project asset and expense accounts, providing reports upon project completion.
  • Investigating project variances and submitting reports.
  • Collaborating with receivable staff on unpaid contract billings.
  • Reporting project profitability to management on a weekly basis.
  • Identifying opportunities for additional billings.
  • Reporting remaining project funding versus budget.
  • Creating or approving project billings and ensuring prompt payments.
  • Investigating unbilled project expenses.
  • Responding to customer requests for billing details.
  • Tracking and chasing purchase orders and payments.
  • Closing out project accounts upon completion.
  • Creating and submitting government reports and tax returns related to projects.
  • Compiling information for internal and external auditors.

Additional Details

  • Maintain confidentiality of financial information.
  • Reconcile financial discrepancies and ensure data security.
  • Summarize financial status quarterly and annually.
  • Contribute to team efforts and send weekly reports.
  • Adhere to timelines for tracking purchase orders, payments, and invoices.
  • Immediate submission of invoices and notification of absence.

Essential Qualities

Essential Qualities
  • Proven experience as a Project Accountant or similar role.
  • Strong understanding of project accounting principles and procedures.
  • Proficiency in accounting software and MS Office, especially Excel.
  • Excellent analytical and problem-solving skills.
  • Attention to detail and accuracy in data entry.
  • Ability to meet tight deadlines and work under pressure.
  • Effective communication and interpersonal skills.
  • Bachelor's degree in Accounting, Finance, or related field.
  • Professional certification (e.g., ACCA) is a plus.

  • Application Process

    Interested and qualified candidates should send their CV to: jobs@stretchitconcepts.com using the job title as the subject of the mail.

    Close Date

    19/05/2024