Project Accountant

Rise People, Inc.; South Africa; Vor Ort; ZAR 502.000 - 558.000; Vollzeit

Zusammenfassung

Rise People, Inc. seeks a Project Accountant to manage day-to-day accounting, cost control and reporting for a multi-hundred-million-dollar data center construction project.

You will code commitments, reconcile registers, process pay apps and perform three-way matches to ensure payments align with the budget, while maintaining a SOX-compliant audit trail and reporting to lenders and auditors.

Qualifikationen

• Bachelor's degree in Accounting, Finance or a related field.
• 5+ years in project or construction accounting, including large capital projects.
• Procore experience required; familiarity with other PM software a plus.
• Experience with AIA G702/G703 pay applications, lien waivers and draws.
• Working knowledge of US GAAP for capital projects; SOX experience is a plus.

Aufgaben

• Code commitments, PO, change orders and invoices to the budget and cost-code structure.
• Maintain commitment, PO and change-order registers and reconcile to PM system and GL.
• Process contractor pay apps and perform three-way matches and milestone checks.
• Post project journals, accruals, prepayments and WIP; capitalise costs to CIP.
• Prepare weekly/ monthly cost reports, C-to-C forecasts and draw packages for lenders.
• Support quarter/ year-end close and SEC reporting disclosures.
• Act as finance super-user for Procore and ensure ERP reconciliation.

Kenntnisse

Advanced Excel

Attention to detail

Clear communication

Ability to meet deadlines

Procore experience

ERP/general ledger

Ausbildung

Bachelor's degree in Accounting/Finance

Tools

Procore

NetSuite

Sage Intacct

Dynamics

SAP

Autodesk Build

Oracle Primavera

CMiC

Sage 300 CRE

Jobbeschreibung

The Project Accountant is responsible for the day-to-day accounting, cost control and reporting of a large-scale, multi-hundred-million-dollar data center construction project. The role makes sure every commitment and payment is correctly coded, matched, approved and recorded; keeps project costs reconciled to the Board-approved budget; and produces accurate, timely reporting for management, the Board, the construction lender and the external auditors of a public company.

Key responsibilities

1. Project accounting

• Code all commitments, purchase orders, change orders and invoices to the approved budget and cost-code structure.
• Maintain the commitment register, purchase-order register and change-order log, and reconcile them to the project management system (Procore) and the general ledger.
• Process contractor pay applications (AIA G702/G703): check percentage complete against the schedule of values, retainage, and conditional and unconditional lien waivers.
• Perform three-way matches (contract/PO, evidence of work or delivery, invoice) and milestone matches for equipment payments before anything is paid.
• Track equipment deposits and milestone payments, advance-payment security, performance bonds and liquidated-damages set-offs.
• Post and reconcile project journals, accruals, prepayments, retentions and work-in-progress at month-end.
• Capitalize project costs to construction-in-progress and the fixed asset register in line with US GAAP (ASC 360, capitalized interest under ASC 835-20), and support cost segregation.
• Maintain the contingency log and track contingency drawdowns.

2. Reporting

• Prepare the weekly commitment and cost report, and the monthly budget-to-actual variance report with commentary on cost codes over budget.
• Prepare cost-to-complete forecasts, cash-flow forecasts and estimate-at-completion updates with the project team.
• Assemble the monthly construction-loan draw package (certified pay applications, lien waivers, budget-to-actual, draw certificate) to the lender's timetable.
• Contribute to the monthly project spend dashboard for the CEO and Board, and quarterly reporting for the Audit Committee.
• Support quarter-end and year-end close, including SEC reporting schedules (10-Q/10-K), commitments and subsequent-events disclosures.

3. Controls, compliance and systems

• Apply the Capital Expenditure Authorization & Project Spend Control Policy and the Equipment Procurement Policy: approval tiers, segregation of duties and documentation.
• Check that each commitment carries approval at the correct level; flag related-party transactions for Audit Committee pre-approval.
• Support vendor onboarding (W-9/W-8, insurance certificates, bank details verified by call-back) and fraud-prevention controls.
• Keep an audit-ready document trail and support external auditors, lender inspectors and SOX control testing.
• Act as the finance super-user for Procore (budgets, commitments, change events, invoicing) and keep it reconciled with the ERP / general ledger.
• Help improve processes, templates and system integrations as the company adds more projects.

Requirements

Qualifications

• Bachelor's degree in Accounting, Finance or a related field.

Experience

• 5+ years in project or construction accounting, with at least 2 years on a large capital project (ideally $100M+): data centers, energy, infrastructure, industrial or commercial construction.
• Hands-on experience with project management software, especially Procore (Budget, Commitments, Change Events, Invoicing / Owner Invoices). Experience with similar tools (e.g., Autodesk Build, Oracle Primavera, CMiC, Sage 300 CRE) also considered.
• Experience with AIA G702/G703 pay applications, lien waivers, retainage and construction-loan draws.
• Owner-side or developer-side experience on GMP / cost-plus contracts and owner-furnished equipment is a strong advantage.
• Working knowledge of US GAAP for capital projects (capitalization, CIP, capitalized interest, accruals); public-company or SOX environment preferred.

Skills

• Advanced Excel (pivot tables, lookups, cost reports and forecasting models).
• ERP / general ledger experience (e.g., NetSuite, Sage Intacct, Dynamics, SAP), including integration with Procore.
• Strong attention to detail, with the confidence to hold or return invoices that fail the match.
• Clear communication with project managers, contractors and senior finance; able to explain variances simply.
• Able to work to tight monthly deadlines across multiple stakeholders and time zones.

R45,000.00 to R50,000.00 Depending on Experience