Project Accountant

RED Engineering Design; Philippines; On-site; PHP 502,000 - 837,000; Full time

Benefits offered by this job

Vacation leave

Sick leave

Pension scheme

HMO coverage

EAP

Training sponsorship

Wellness days

International assignments

Global collaboration

Job summary

RED Engineering Design is seeking a Project Accountant to monitor the financial performance of assigned projects, ensuring accurate project costing, budgeting, forecasting, invoicing, revenue recognition and financial reporting.

Key responsibilities include preparing budgets and forecasts, tracking expenditures, allocating costs, reviewing financial performance against plans, preparing invoices, and ensuring compliance with accounting standards and contract requirements.

Qualifications

• Bachelor's degree in accountancy, Accounting Technology, or related field.
• Minimum of 3 to 5 years of accounting experience, preferably in project-based environments.
• Strong knowledge of accounting principles and financial reporting.
• Proficient in Microsoft Excel and accounting systems.
• Strong analytical, organizational, and problem-solving skills.
• Excellent communication and stakeholder management skills.

Responsibilities

• Prepare and maintain project budgets, forecasts, and cost reports.
• Monitor project expenditures and ensure costs are allocated correctly.
• Review and analyze project financial performance against approved budgets.
• Prepare client invoices and monitor project billings.
• Assist in revenue recognition and project accounting compliance.
• Reconcile project-related transactions and resolve discrepancies.
• Coordinate with project managers regarding project costs, budget utilization, and profitability.
• Support month-end and year-end closing activities.
• Prepare financial reports and management reports related to project performance.
• Ensure compliance with company policies, accounting standards, and contractual requirements.
• Assist in audits and provide supporting financial documentation as required.

Skills

Financial analysis

Excel

Stakeholder management

Accounting principles

Financial reporting

Education

Bachelor's degree in accountancy

Accounting Technology

Tools

Microsoft Excel

Accounting systems

Job description

The Project Accountant is responsible for monitoring and managing the financial performance of assigned projects. This role ensures accurate project costing, budgeting, forecasting, invoicing, revenue recognition, and financial reporting while supporting project managers in achieving financial objectives.

Key Responsibilities

• Prepare and maintain project budgets, forecasts, and cost reports.
• Monitor project expenditures and ensure costs are allocated correctly.
• Review and analyze project financial performance against approved budgets.
• Prepare client invoices and monitor project billings.
• Assist in revenue recognition and project accounting compliance.
• Reconcile project-related transactions and resolve discrepancies.
• Coordinate with project managers regarding project costs, budget utilization, and profitability.
• Support month-end and year-end closing activities.
• Prepare financial reports and management reports related to project performance.
• Ensure compliance with company policies, accounting standards, and contractual requirements.
• Assist in audits and provide supporting financial documentation as required.

Qualifications

• Bachelor\'s degree in accountancy, Accounting Technology, or related field.
• Minimum of 3 to 5 years of accounting experience, preferably in project-based environments.
• Strong knowledge of accounting principles and financial reporting.
• Proficient in Microsoft Excel and accounting systems.
• Strong analytical, organizational, and problem-solving skills.
• Excellent communication and stakeholder management skills.

Why Join RED?

RED offers a variety of benefits, including but not limited to:

Vacation and Sick Leave Entitlements

Contributory Company Pension Scheme

HMO Coverage for Employee + Up to 3 Dependents

Employee Assistance Program (EAP)

Training and Development Sponsorship

Wellness Days and Well-being Initiatives

Expand Your Career Through Short-Term International Assignments and Global Collaboration

At RED, our people work in friendly and collaborative teams, supported by talented leaders who are passionate about mentoring and professional development. You\'ll have the opportunity to contribute to high-profile global projects while growing your career in an inclusive and supportive environment.