Cost or Project Accountant (NW) (POS24172)


Cost or Project Accountant (NW) (POS24172)


This position is accountable for efficient and effective project budgeting, monitoring the progress of projects, investigating variances, ensuring accurate invoicing and reporting on project profits achieved.

Closing Date: 30 June 2024

Duties & Responsibilities:
• Ensure that documentation is received from Services department on a new project;
• Setting up a Budget for new projects based on approved PO value and timeline from services department;
• Monitor and approve the issue of stock for the specific project;
• Processing of material usages;
• Weekly material stock count;
• Ensure that invoicing requirements are met as per specific client needs;
• Ensure accuracy of project invoicing;
• Monitor and report on actual expenditure compared to budget and raise any issues;
• Promote project cost savings;
• Monitor and ensure that project changes are accounted for in the final project sign off;
• Ensure the maintenance of internal documentation to ensure that project is accepted by client;
• Sign off projects with Operations Manager before final project closure;
• Ensure that all stock and services related costs are captured for month end close off;
• Prepare detailed project analysis and reconcile sales, cost and inventory accounts;
• Report on a weekly basis on project budget versus actuals;
• Performing any other tasks upon request from Financial Manager.
• Maintain project-related records, including contracts and change orders;
• Review and approve contractors invoicing related to a project;
• Recon of all contractors invoicing on project;
• Liaise with Project managers to get required information;
• Investigate project variances and submit variance reports to management;
• Assist in providing information for annual audit.

Job Requirements:
Degree BCom/CIMA + 2-3 years’ experience
• OR
Diploma in Costing with 5 – 6 years’ experience