Project Accountant

1.
Financial Management & ReportingMonitor and track project budgets, actual costs, and variances.Prepare financial reports, forecasts, and variance analyses for management.Assist in cash flow management and project financial planning.2.
Budgeting & Cost ControlAssist in the preparation of project budgets and cost estimates.Review and approve project-related expenses, invoices, and purchase orders.Identify potential cost overruns and recommend corrective actions.Assist with interim payment certificate and claimsAssist with contract price adjustment calculation for both customer and suppliers3.
Compliance & Auditing Ensure all financial transactions comply with South African Revenue Service (SARS) tax regulations, including VAT and PAYE.Maintain proper documentation and records for internal and external audits.Assist in the preparation of audit files and support external auditors as required. 4.
Accounts Payable & Receivable Process invoices and payments related to project expenditures.Reconcile project accounts and resolve discrepancies.Monitor outstanding receivables and liaise with clients on payments. 5.
Stakeholder Coordination Work closely with project managers to ensure financial goals align with project objectives.Liaise with procurement, finance, and administrative teams to streamline processes.Communicate financial updates and risks to relevant stakeholders. Qualifications and Experience Bachelors degree in Accounting, Finance, or a related field.Professional certification (e.g., SAIPA, SAICA, CIMA, ACCA) is an advantage.Minimum 35 years of experience in project accounting, cost accounting, or financial management.Experience in the construction, engineering, or contracting industry is preferred.Knowledge of FIDIC and NEC contract suits is an advantage.Knowledge of South African tax regulations, VAT, and IFRS compliance.