PROJECT ACCOUNTANT

Private Advertiser; Makati; On-site; PHP 480,000 - 800,000; Full time

Job summary

Private Advertiser in Manila, Philippines is seeking a Project Accountant responsible for financial management, monitoring, and reporting of project funds and managed accounts in accordance with policies and funding agreements.

The role requires at least three years of relevant accounting experience, proficiency in QuickBooks Online and Excel, and strong analytical and communication skills to deliver accurate reports and ensure compliance with standards.

Qualifications

• Bachelor's degree in Accountancy, Accounting Technology, Finance, or related field.
• At least three years of relevant accounting experience in project or grant accounting.
• Proficiency in QuickBooks Online (QBO), Excel, and other financial software.
• Knowledge of budgeting, financial reporting, cost allocation, and compliance.

Responsibilities

• Maintain complete and accurate accounting records for project funds and managed accounts.
• Record, monitor, and reconcile financial transactions per budgets and agreements.
• Monitor fund balances and ensure proper utilization of resources.
• Prepare periodic financial and fund utilization reports for management and donors.
• Monitor budget utilisation and identify variances needing attention.
• Assist in preparation of financial statements and management reports.

Skills

Financial analysis

Budgeting

Attention to detail

Strong communication

Analytical thinking

Education

Bachelor's degree in Accountancy, Accounting Technology, Finance, or a related field

Tools

QuickBooks Online (QBO)

Microsoft Excel

Job description

About the role

The Project Accountant is responsible for the financial management, monitoring, and reporting of project funds and managed accounts, including organizations for which the organization provides financial administration, accounting, or secretariat support services. The position ensures that financial transactions, fund utilization, and reports are prepared accurately, timely, and in accordance with organizational policies, funding agreements, service agreements, and applicable accounting standards.

Key responsibilities

• Maintain complete and accurate accounting records for assigned project funds and managed accounts.
• Record, monitor, and reconcile financial transactions in accordance with approved budgets, funding agreements, service agreements, and organizational policies.
• Monitor fund balances and ensure the proper utilization of project and managed account resources.
• Maintain separate accounting records and schedules for each managed account to ensure proper financial accountability.
• Prepare periodic financial reports, fund utilization reports, budget monitoring reports, and supporting schedules for management, donors, partners, and organizations supported by the organization.
• Monitor budget utilization and identify significant variances requiring management attention.
• Assist in the preparation of financial statements and other management reports relating to assigned project funds and managed accounts.
• Monitor expenditures against approved project budgets and managed account allocations.
• Prepare and maintain cost allocation schedules and supporting documentation for shared expenses.
• Ensure compliance with funding agreements, service agreements, secretariat arrangements, organizational policies, and applicable accounting standards.

About you

• Bachelor's degree in Accountancy, Accounting Technology, Finance, or a related field.
• At least three (3) years of relevant accounting experience, preferably in project accounting, fund accounting, grant accounting, or financial administration of externally funded programs or partner organizations.
• Proficiency in QuickBooks Online (QBO), Microsoft Excel, and other financial software.
• Knowledge of budgeting, financial reporting, cost allocation, and financial compliance.
• Strong analytical, organizational, and problem-solving skills.
• Excellent written and verbal communication skills.
• Ability to manage multiple accounts and reporting deadlines.
• High level of integrity, accuracy, and attention to detail.