Project Accountant at Alfred & Victoria Associates

  • Alfred & Victoria Associates is one of Nigeria’s leading ICT solution based company. Our company offers a wide range of services which are in high demand of today’s emerging market.

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    Project Accountant

    • Job Type Full Time
    • Qualification BA/BSc/HND
    • Experience 3 years
    • Location Lagos
    • Job Field Finance / Accounting / Audit&nbsp

    Location: Port Harcourt, Rivers
    Department: Finance & Accounts

    Job Summary & Purpose

    • This role must ensure accurate reporting and analysis of Project’s financial transactions.
    • It will also be responsible for effectively managing the project’s financial resources as well as recommending strategies for managing operational costs and ensuring profitability of the project.
    • Timely, accurate and regular reporting of project’s performance is an integral part of this role.

    Organisational Relationships:

    • Reports to: Group Head, Human Resources and Office Services
    • Direct Reports:
      • Deputy Head, NCDMB, Learning and Development
      • Learning Management System Administrator

    Internal Relationships:

    • Group finance
    • Procurement
    • HR

    External Relationship:

    • Project Manager
    • Financial Controller.

    Responsibilities

    • Liaise with the Project Manager to develop project budget in line with project schedules.
    • Review the project budget with the financial controller (FC).
    • Prepare and present periodic reports on performance of the project.
    • Prepare and present reports on profitability of the project, investigate and report on variances of project revenue and costs.
    • Ensure project cost is monitored regularly to avoid over spends, Ensure the cost incurred is commensurate to level of activities.
    • Ensure timely issuance of invoice upon completion of milestone & follows up to ensure inflows are received for pending receivables.
    • Prepare funding request, to be jointly reviewed by the Project Manager based on needs of the project.
    • Ensure funds released for projects are properly managed.
    • Ensure applicable taxes are deducted from vendors invoices and ensures remittance of taxes are made as at when due.
    • Ensure accuracy and periodic reviews of all project related payables with account payable team and financial controller.
    • Ensure that all project activities (Revenue, costs, receivables, receipt) are properly captured into the accounting software.
    • Ensure accuracy and periodic review of project billings/receivable and accrued revenue/value of work done with project manager and Financial controller.
    • Ensure that receivable reconciliation is done on a daily, weekly and monthly basis.

    Person Specifications

    • Academic Qualification: First Degree in Finance/ Accounting / Economics
    • A Post graduate degree will be an added advantage
    • Professional Qualification: Relevant professional qualification e.g. Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA)
    • Experience: A minimum of 3 years relevant experience. Exposure to Construction or Oil & Gas industry will be an added advantage.

    Key Skills & Competencies:

    • A thorough knowledge of standard contract terms and how they are applied in the billing process.
    • Ability to work well with others under deadline situations and respond to changes in priorities.
    • Good written and verbal communication skills and strong organizational skills.
    • Ability to work independently, take initiative, set priorities and see projects through to completion.
    • Employ problem-solving skills and analysis, and report problems to the Project Manager or Financial controller, as necessary.

    Key Performance Metrics
    Performance Area:

    • Recording of transactions
    • Reporting on project
    • Billing timing and accuracy
    • Project accounting reports.

    Performance Indicators:

    • Completeness and accuracy
    • Complete and on time
    • Complete and on time
    • Complete, accurate and on time.

    Salary
    Very Attractive.

    Method of Application

    Interested and qualified candidates should send their tailored CV to: [email protected] using the “Job title” as the subject of the email.

    Note: Any application received after the above time will be automatically rejected.

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