Project Accountant (Full time)

   Lagos ,

   8 months ago

Job Summary

The project accountant position is accountable for monitoring the progress of projects, investigating variances/ discrepancies, and ensuring that project billings are issues to customers and payments collected in timely manner.The project accountant position is accountable for monitoring the progress of projects, investigating variances/ discrepancies, and ensuring that project billings are issues to customers and payments collected in timely manner.

Job duties and responsibilities
    • Create project accounts in the accounting system for each project and tracks profitability
    • Maintain project-related records, including contracts and change orders
    • Track access to project accounts
    • Monitor the transfer of expenses into and out of project-related accounts
    • Review and track supplier invoices related to project, ensure detailed and accurate information is provided.
    • Review and track overhead charges to be applied to a project
    • Review account totals/ milestones related to project assets and expenses- project team and SBCs and sending reports when project finished to show the position of the project
    • Investigate project variances and submit variance reports to related personnel with consequence management
    • Confer with receivable staff regarding unpaid contract billings and ensure this is done within stipulated time
    • Report on project profitable to management on a weekly basis
    • Report to management regarding the remaining funding available for projects vis- a vis budget agreed for the project
    • Investigate all project expenses not billed to customers
    • Track and chase POs, Payments, ensure necessary supporting documents are submitted and daily updates given
    • Close out project accounts upon project completion by ensuring all JCCs are duly signed and invoiced for and send final profitable reports on such project
    • Crete and submit government reports and tax returns related to projects 20. Compile information for internal and external auditors, as required
    • Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports on a quarterly basis and End of year
    • Send weekly report on the company’s payment tracker/ invoice tracker.
Job requirements and qualifications
    • B.Sc in Accounting or Finance
    • Minimum of 3 years experience in Project Accounting
    • Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint) and other relevant software applications.
Salary
  • N250,000 - N400,000
Minimum Experience
  • 3 years
Maximum Experience
  • OTHERS
Application Deadline: 28th February, 2026


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