Project Accountant

FirstRand; Johannesburg; On-site; ZAR 30 000 - 70 000; Full time

Job summary

An established industry player is seeking a detail-oriented Project Accountant to ensure the financial success of various projects. This role involves providing professional accounting support, performing detailed cost analyses, and preparing comprehensive financial reports. The ideal candidate will excel in budget management and compliance with IFRS regulations. Join a forward-thinking company that values diversity and promotes the advancement of individuals with disabilities. This is an exciting opportunity to contribute to impactful projects while enhancing your professional skills in a dynamic environment.

Qualifications

• Strong background in project accounting and financial governance.
• Experience with IFRS regulations and financial reporting.

Responsibilities

• Review cost center reports and ensure alignment with finance allocations.
• Prepare management accounts for committee presentations.
• Assist with annual budget preparation and coordination.

Skills

Project Accounting

Cost Analysis

Financial Reporting

Budget Preparation

Statistical Analysis

IFRS Compliance

Education

Bachelor's Degree in Finance or Accounting

Job description

Job Description

To ensure project finances are appropriately managed, reported on, and compliant for the overall financial success of projects.

To provide professional Project Accounting and governance support to the operations and project teams, which may include detailed cost analysis, updating project schedules, completing reporting packs, and performing administrative functions.

Responsibilities

1. Review all cost center reports and ensure resource usage aligns with finance allocations.
2. Accurately prepare management accounts in conjunction with the management accounting office for presentation at various committee meetings.
3. Support budget holders in developing and monitoring plans.
4. Assist with annual budget preparation.
5. Assist with budget coordination, perform tests on information received from budget holders and the management accounting office.
6. Review and comment on budgeted profit and loss statements from the management accounting office.
7. Extract reports for management and perform statistical analysis to inform stakeholders.
8. Open and maintain projects on the system.
9. Ensure completeness and accuracy of all project costing and commitments.
10. Compile monthly project schedules and reports for the Project Review Committee (PRC).
11. Attend monthly project review meetings with the Project Head.
12. Prepare monthly project cash flow forecasts.
13. Identify foreign exchange (FX) exposure on projects and report monthly.
14. Post project analysis and reviews to determine if financial objectives are met.
15. Calculate and issue costs for new projects in a timely manner.
16. Assist project managers with the preparation and reconciliation of cost budgets.
17. Ensure continuous adherence to IFRS regulations, procedures, and standards.

Job Details

Note: Applications will not be accepted after the closing date. Kindly submit applications before 14/05/25.

All appointments will comply with FirstRand Group's Employment Equity plan. The bank supports the recruitment and advancement of individuals with disabilities. Candidates may voluntarily disclose disability information, which will be kept confidential unless required by law.