The Project Management Accountant is responsible for overseeing the financial aspects of projects, ensuring accurate budgeting, forecasting, cost control, and financial reporting. This role acts as a bridge between finance and project teams, providing insights that support strategic decision-making and project success
KEY RESPONSIBILITIES
Develop and maintain project budgets and forecasts in collaboration with project managers/finance manager
Monitor project costs, identify variances, and provide timely financial analysis.
Prepare monthly project financial reports, including profit and loss statements and cash flow projections. Ensure compliance with internal financial controls and external regulatory requirements.
Track and manage project billing, revenue recognition, and cost allocations.
Participate in build kick off sessions ensuring that relevant SLA, customer POs, etc are in place before commencement of projects
Assist projects team to ensure quality and spec of build is per customer requirements
Support project audits and provide documentation as required.
Liaise with procurement and finance teams to ensure accurate cost tracking.
Advise project teams on financial risks and opportunities.
Tracking of project costs against customer PO (GP tracking)
Assist in the development of financial models for new projects or proposals.
Assist with approvals with budget and timeline of the project objectives
Work with the procurement and stock team to ensure availability of stock for projects, in line with approved rate cards, also limiting excess stock
Ensure timely payments of sub-contractors as per project milestones
Review of ageing of projects with PMO finance manager to ensure accuracy and validity
Ensure contractor AP accounts reconciled to supplier statements at month end
Tracking of retentions held
BEHAVIOURAL COMPETENCIES
Accountability
Excellent interpersonal skills
Excellent communication skills (verbal and written)
Problem solving skills
Good analytical and decision-making skills
Time management skills
Customer service orientated
Must have mature judgement and the ability to relate well with others
Must be able to work under pressure
Ability to work independently, take initiative and make sound decisions in an environment of limited
SKILLS & KNOWLEDGE
Good communication skills
Effective decision making
Strong financial acumen
Ability to produce management reports
Ability to communicate in a clear and logical manner
Mathematical literacy
Accountability
Ability to perform under pressure
Works effectively with procurement, finance, and other department
QUALIFICATION & EXPERIENCE
Diploma in accounting or finance is advantageous.
3-5 years of experience project administration or procurement/stock management
Intermediate Excel
Strong understanding of project lifecycle and cost management principles
Knowledge of Sage (beneficial)
Excellent analytical, problem-solving, and communication skills
* Excellent verbal and written communication skills
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