Project Accountant at Reputable Company
Reputable Company
Lusaka, Zambia
1d ago
source : Jobs in Zambia

Position Description : Project Accountant

Basic Function :

The project accountant position is accountable for monitoring the progress of projects, investigating variances, approving expenses, and ensuring that project billings are issued to customers and payments collected.

Principal Accountabilities :

  • Create project accounts in the accounting system
  • Maintain project-related records, including contracts and change orders
  • Authorize access to project accounts
  • Authorize the transfer of expenses into and out of project-related accounts
  • Review and approve supplier invoices related to a project
  • Review and approve time sheets for work related to a project
  • Review and approve overhead charges to be applied to a project
  • Review account totals related to project assets and expenses
  • Investigate project variances and submit variance reports to management
  • Confer with receivables staff regarding unpaid contract billings
  • Report on project profitability to management
  • Report to management on any opportunities for additional billings
  • Report to management regarding the remaining funding available for projects
  • Create or approve all project-related billings to customers
  • Investigate all project expenses not billed to customers
  • Respond to requests for more detail from customers
  • Approve the write-off of any project-related billings that cannot be billed to or collected from customers
  • Close out project accounts upon project completion
  • Create and submit government reports and tax returns related to projects
  • Compile information for internal and external auditors, as required
  • Desired Qualifications :

  • A bachelor’s degree in Accountants, ZICA or CIMA qualifications with detailed knowledge of project contracts and change order documents.
  • Must have excellent communication and writing skills, and at least three years of experience in project accounting. Must be at least 35 years of age.

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