Project Cost Accountant
- Employer
- Tipp Focus
- Location
- Centurion Centurion Tshwane, South Africa
- Salary
- Competitive
- Closing date
- Sep 21, 2021
View more
- Job Role
- Accountant
- Sector
- Finance
- Contract Type
- Permanent
- Hours
- Full Time
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Fixed Term Contract
The Project Cost Accountant is an integral part of the project team and communique between Finance, Treasury and PMID to ensure timely invoicing of all costs and collection of such billing. And, that the project is done within budget and all project costs are accounted for.
THE KEY PERFORMANCE AREAS OF THE ROLE IN FOCUS, ARE:
* Develop, update, analyse and report on all Project Cost and Variance
* Responsible for reporting on budget against actual on a monthly basis for contract expenditure.
* Develop, implement and maintain a strategy focusing, tracking, analysing and reporting on project cost.
* Develop, implement and maintain a strategy for tracking and setup of estimating budgets and cost control.
* Project Accounting
* Ensure that intercompany transactions are captured and ensuring that intercompany loan accounts balance.
* Reconciles long term cost plans (LTCP's) prepared by PMID to finance records in GL.
* Preparation of Lesotho Phase 2 related costs allocations and schedules
* Management of project accruals.
* Preparation of monthly interest.
* Recoveries- Operational and Staff Costs.
* Invoicing
* Invoicing for fiscal funded projects & assistance with tariff related billing
* Preparation of monthly, quarterly and annual reports for project costs
* Collection of funding for projects
* Other Tasks
* Update current policies and procedures to suit new developments and changes within the organisation and where necessary, develop new policies and procedures
* Establish standards methods and procedures to be used by other divisions
* Maintain quality assurance and control on assigned projects schedules.
* Backup Assistant Management Accountant
* Performs other duties as assigned by management
REQUIREMENTS
* BCOM Accounting or equivalent.
* Honours degree will be advantageous.
* 5 years experience in financial & Management Accounting reporting environment.
* Preferably experience in project cost accounting on construction projects.
* Budget management, preparation and consolidation experience is a must.
As an Equal Opportunities employer, the organisation actively encourages and welcome people with various disabilities to apply.
If you have not been contacted within 30 days after the closing date, please accept that your application was unsuccessful.
*Desired Skills: *
* Management Accounting
* project cost accounting
* Construction
* Budgets
* Reports
* PFMA
*Desired Work Experience: *
* 5 to 10 years
*Desired Qualification Level: *
* Degree
The Project Cost Accountant is an integral part of the project team and communique between Finance, Treasury and PMID to ensure timely invoicing of all costs and collection of such billing. And, that the project is done within budget and all project costs are accounted for.
THE KEY PERFORMANCE AREAS OF THE ROLE IN FOCUS, ARE:
* Develop, update, analyse and report on all Project Cost and Variance
* Responsible for reporting on budget against actual on a monthly basis for contract expenditure.
* Develop, implement and maintain a strategy focusing, tracking, analysing and reporting on project cost.
* Develop, implement and maintain a strategy for tracking and setup of estimating budgets and cost control.
* Project Accounting
* Ensure that intercompany transactions are captured and ensuring that intercompany loan accounts balance.
* Reconciles long term cost plans (LTCP's) prepared by PMID to finance records in GL.
* Preparation of Lesotho Phase 2 related costs allocations and schedules
* Management of project accruals.
* Preparation of monthly interest.
* Recoveries- Operational and Staff Costs.
* Invoicing
* Invoicing for fiscal funded projects & assistance with tariff related billing
* Preparation of monthly, quarterly and annual reports for project costs
* Collection of funding for projects
* Other Tasks
* Update current policies and procedures to suit new developments and changes within the organisation and where necessary, develop new policies and procedures
* Establish standards methods and procedures to be used by other divisions
* Maintain quality assurance and control on assigned projects schedules.
* Backup Assistant Management Accountant
* Performs other duties as assigned by management
REQUIREMENTS
* BCOM Accounting or equivalent.
* Honours degree will be advantageous.
* 5 years experience in financial & Management Accounting reporting environment.
* Preferably experience in project cost accounting on construction projects.
* Budget management, preparation and consolidation experience is a must.
As an Equal Opportunities employer, the organisation actively encourages and welcome people with various disabilities to apply.
If you have not been contacted within 30 days after the closing date, please accept that your application was unsuccessful.
*Desired Skills: *
* Management Accounting
* project cost accounting
* Construction
* Budgets
* Reports
* PFMA
*Desired Work Experience: *
* 5 to 10 years
*Desired Qualification Level: *
* Degree
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