Project Accountant at EPC Cpmpany Nigeria - HND, B. Sc
Location: Nigeria
Job Code: 65
Description
A. Position Purpose
The Project Accountant will be responsible for tracking the financial progress of specific endeavors undertaken by one of Nigeria’s leading EPC companies within a given time period. He or she will be expected to monitor various organizational elements, budgets, and revenues – all with respect to chargeable time. Typical duties include reporting progress to the appropriate Project Manager, forecasting revenues, creating reports and reviewing compliance to project guidelines. He or she will also prepare balance sheets and income statements and analyze them, finding ways to improve profitability of the company by generating greater revenue and/or decreasing expenses. The Project Accountant will work with both the accounts payable and receivable teams, ensuring bills relating to the project jobs are accurate and get paid on time, and that clients are billed appropriately for all work performed.
B. Position Duties and Responsibilities
Primary Duties and Responsibilities
§ Effectively communicate with Project Managers (PM) and Principals-in-Charge (PIC), regarding contract documents, change orders and other contract modifications, approvals, and any additional services-related to billing.
§ Maintain the billing folders for all projects, with all the appropriate documents, including expenses, consultant invoices, and monthly invoices, in accordance with standard procedures.
§ Review weekly time sheets, along with the accounting group.
§ Provide year-end support of auditor requirements, which may include research and reconcilement.
§ Assist the Project Officer with monthly/quarterly forecast and annual budget analysis.
§ Prepare a regular status report on invoices which are 60 days past due and notify client when spending of obligated funds has exceeded 75%.
§ Prepare invoices, ensuring they reconcile to revenue and system reports, reviewing support documentation; obtain Project Officer’s approval and send to the client in a timely fashion. Secondary Duties and Responsibilities
§ Insure timely payment of mortgages and property taxes.
§ Review subcontract terms and limits to ensure prompt payment of invoices upon payment by client.
§ Prepare ad-hoc reports as needed by the Project Officer or Finance group.
§ Provide the accounts payables team members with advice on client billing, relative to consultant invoicing and reimbursable expenses. Assist in maintaining a continuous line of communication to clear any issues as they arise.
C. Position Requirements
Functional/Technical Skills
§ MS Office Tools (Word, Excel, Project, PowerPoint, Visio)
§ Thorough knowledge of GAAP principles and budgeting process.
§ Functional capabilities with standard accounting software packages.
§ Technical writing skills producing clear and unambiguous deliverables.
Experience
§ Experience enforcing standard contract terms, including hourly, lumps sum, not-to-exceed and how they are applied in the billing process.
§ Experience supporting and/or auditing projects in a client/consultant business environment.
§ Experience supporting and/or auditing projects in an EPC or Electric Utility environment.
§ 5+ years minimum experience in Billing/Receivables
§ 5+ years minimum experience in accounting (Public or Corporate)
Education/Vocational Training
A four year degree or equivalent experience in Accounting.
Environmental/Physical Demands
· Must have use of hands/fingers and capable of lifting within regulatory limits
· Business travel required (up to 30%)
See details and apply online
http://tbe.taleo.net/NA2/ats/careers/requisition.jsp?org=CXOINTERNATIONAL&cws=1&rid=65