Cost Accountant

Key Responsibilities

• Monitor and record all project revenues, expenses, and financial transactions.
• Maintain accurate project cost records and ensure timely processing of payments, purchase orders, and supplier invoices.
• Track project costs against approved budgets and identify cost variances or overruns.
• Assist project managers in monitoring project financial performance and implementing cost control measures.
• Prepare progress billings and validate supporting documents for client invoicing.
• Monitor subcontractor billings and verify compliance with contract terms.
• Prepare weekly and monthly project financial reports, including cash flow forecasts and budget updates.
• Maintain accurate records of project assets, machinery, equipment, and related operating costs.
• Monitor inventory movements, material consumption, and reconcile material costs with project records.
• Coordinate with procurement, warehouse, and site teams to ensure accurate financial and inventory reporting.
• Ensure complete and organized financial documentation for audit and compliance purposes.
• Ensure project transactions comply with company policies, accounting standards, and government regulations.
• Support internal and external audits by providing accurate financial records and reports.

Qualifications

• Bachelor's Degree in Accountancy, Financial Management, Accounting Technology, or a related field.
• At least 2–4 years of accounting experience, preferably in the construction, engineering, infrastructure, or other project-based industries.
• Experience in project cost accounting, budgeting, cash flow management, and financial reporting.
• Knowledge of procurement, inventory control, and asset management is an advantage.
• Proficient in Microsoft Excel and familiar with accounting or ERP systems (e.g., SAP, QuickBooks, or similar).
• Strong analytical, organizational, and problem-solving skills with keen attention to detail.
• Excellent communication and interpersonal skills, with the ability to coordinate effectively with project teams and head office.
• Able to work independently, manage multiple priorities, and thrive in a fast-paced project environment.
• High level of integrity, accountability, and professionalism.