Financial Accountant (Project Focus)

Placements24; Richards Bay; Hybrid; ZAR 420,000 - 540,000; Full time

Benefits offered by this job

Hybrid work model

Medical expense contribution

Provident fund access

Professional development opportunities

Modern office facilities

Job summary

Placements24 in Richards Bay, KwaZulu-Natal, seeks an experienced Financial Accountant focused on project accounting to manage costs and reporting for capital projects in a hybrid setup.

You will prepare monthly project financials, track variances, support audits, and collaborate with project managers to provide insightful financial analysis.

Qualifications

• Bachelor's degree in Accounting or Finance.
• SAIPA/SAICA articles completed are advantageous.
• 3–5 years in financial accounting with project accounting experience.
• Knowledge of project management principles and financial control frameworks.
• Proficiency in accounting software (Sage Intacct, QuickBooks) and advanced Excel.
• Experience with ERP systems is desirable.

Responsibilities

• Manage financial accounting for multiple ongoing capital and operational projects.
• Track project costs, budgets and variances for investigation.
• Prepare monthly project financial reports with progress updates and forecasts.
• Ensure compliance with project-specific accounting policies and procedures.
• Reconcile project accounts and support project audits.

Skills

Financial analysis

Excel

Cost control

Communication

Attention to detail

Organizational skills

Education

Bachelor's degree in Accounting or Finance

SAIPA/SAICA articles completed (advantageous)

Tools

Sage Intacct

QuickBooks

ERP systems

Job description

About the Role Our client, a key player in the energy sector based in Richards Bay, KwaZulu-Natal , is seeking a diligent and experienced Financial Accountant with a strong focus on project accounting. This role is critical for managing the financial aspects of various capital projects, ensuring accurate cost tracking, reporting, and compliance. The position involves a Hybrid work model, blending office-based responsibilities with remote flexibility. We are looking for a detail-oriented professional who can effectively manage project budgets, analyze financial data, and provide essential reporting to project managers and stakeholders. This is an excellent opportunity for an accountant seeking to apply their skills in a dynamic and project-driven environment within a company that is vital to the regional economy. The successful candidate will contribute to the financial success of significant infrastructure initiatives.

Key Responsibilities

• Manage the financial accounting for multiple ongoing capital and operational projects.
• Track project costs, ensuring adherence to budgets and identifying variances for investigation.
• Prepare monthly project financial reports, including progress updates and forecasts.
• Ensure compliance with project-specific accounting policies and procedures.
• Reconcile project-related accounts and ensure accuracy of financial records.
• Assist in the preparation of project audits and provide necessary documentation.
• Collaborate with project managers to provide financial insights and support decision-making.
• Process project-related invoices and payments accurately and timely.
• Support in the month-end and year-end closing processes related to projects.
• Contribute to the improvement of project financial management processes.

Requirements

• Bachelor's degree in Accounting or Finance.
• Professional qualification (e.g., SAIPA, SAICA articles completed) is advantageous.
• Minimum of 3-5 years of experience in financial accounting, with specific experience in project accounting.
• Knowledge of project management principles and financial control frameworks.
• Proficiency in accounting software (e.g., Sage Intacct, QuickBooks) and advanced Excel skills.
• Experience with ERP systems is highly desirable.
• Strong analytical skills and ability to interpret complex financial data.
• Excellent attention to detail and organizational skills.
• Effective communication and interpersonal skills to work with diverse teams.
• Ability to manage workload effectively in a hybrid work setting.
• Familiarity with the energy or infrastructure sector is a plus.

Benefits

• This role offers a competitive contract rate commensurate with experience.
• Our client provides a contribution towards medical expenses and offers access to a company-provided provident fund.
• Professional development opportunities are available, including specific training related to project accounting software and methodologies.
• The position operates under a Hybrid work arrangement, allowing for a balance between office collaboration in Richards Bay, KwaZulu-Natal , and remote work flexibility.
• Employees will have access to modern office facilities and support.
• This role presents a significant opportunity to gain valuable project accounting experience within a vital industry, contributing to impactful infrastructure developments.