Job Description

Job Summary Our client in the telecommunications industry is looking to hire a Project Accountant for a 12-month contract to be based in Midrand. Role Overview: A project accountant plays a crucial role in managing the financial aspects of specific projects within an organization. They are responsible for tracking project expenses, ensuring budgets are adhered to, and forecasting financial outcomes. Additionally, they analyze financial data to provide insights and recommendations to project managers and stakeholders, helping them make informed decisions. Ultimately, their role is essential in maintaining financial discipline and transparency throughout the project lifecycle. BCom Accounting degree or similar Completed SAICA Articles (med to large sized company) or audit experience for large projects Minimum of 3+ years working experience within Industrial / Engineering Companies in Accounting Experience in public sector projects, mining or power utility sector will be an advantage Exposure to NEC3 contract project would be an advantage Budgeting and forecasting: Managing a project budget, including forecasting future costs and revenue. Cost accounting: Tracking and analysing project costs against collected revenue Financial reporting: Developing Project Financial Metrics, preparing financial reports and presenting financial information to project stakeholders Financial risk management: Identifying and managing financial risks associated with the project, such as cost overruns or revenue shortfalls. Contract management: Ensuring that financial terms of contracts with clients and vendors are adhered to and managing any financial disputes that may arise. Cash flow management: Managing the flow of cash in and out of the project to ensure that there is always enough cash on hand to cover expenses. Project budget:xc3x82 A detailed and accurate project budget that outlinesxc3x82 all ofxc3x82 thexc3x82 expected costs andxc3x82 revenue Monthly financial reports: financial reports that track the project's financialxc3x82 performance against the budget, including actualxc3x82 costs, revenue, and any variancesxc3x82 from thexc3x82 budget. Cash flow projections : Forecasts of the project's cash flow over time, includingxc3x82 expected inflows and outflows of cash, to helpxc3x82 ensure that there is always enoughxc3x82 cash on hand to cover projectxc3x82 expenses. Risk assessments : Identification and assessment of financial risks associated withxc3x82 the project, along with strategies to mitigatexc3x82 thosexc3x82 risks. Financial analysis: Analysis of project finances to identify areas for cost savings orxc3x82 revenue growthxc3x82 opportunities. Invoicing and billing : Management of invoicing and billing processes to ensure thatxc3x82 clients are accurately billed for project workxc3x82 and that vendor invoices are paid onxc3x82 time. Cost Management of the Project: As per the respectivexc3x82 budget and the relevant work breakdown structuresTalentCruRecruiter

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