Job title : Senior Specialist : Project Accountant
Job Location : Gauteng, Johannesburg Deadline : July 01, 2025 Quick Recommended Links
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Role Purpose / Business Unit :
- To partner with sales and commercial teams to translate business decisions and individual transactions into project revenue and costs reported in the financial statements.
- To ensure the integrity of data across various systems and reconcile any variances.
- Provide robust financial analysis and finance business partnering support to the Project Team and VB Sales to unlock value whilst maintaining appropriate control governance.
- To provide reporting and analysis on the Project and manage the month end processing of accounting adjustments and overall month end review.
Your responsibilities will include :
- Budgeting and forecasting : Managing a project budget, including forecasting future costs and revenue.
- Cost accounting : Tracking and analysing project costs against collected revenue
- Financial reporting : Developing Project Financial Metrics, preparing financial reports and presenting financial information to project stakeholders
- Financial risk management : Identifying and managing financial risks associated with the project, such as cost overruns or revenue shortfalls.
- Contract management : Ensuring that financial terms of contracts with clients and vendors are adhered to and managing any financial disputes that may arise.
- Cash flow management : Managing the flow of cash in and out of the project to ensure that there is always enough cash on hand to cover expenses.
- Invoicing and billing : Management of invoicing and billing processes to ensure that clients are accurately billed for project work and that vendor invoices are paid on time.
- Cost Management of the Project : As per the respective budget and the relevant work breakdown structures
- Project budget : A detailed and accurate project budget that outlines all of the expected costs and revenue
- Monthly financial reports : financial reports that track the project's financial performance against the budget, including actual costs, revenue, and any variances from the budget.
- Cash flow projections : Forecasts of the project's cash flow over time, including expected inflows and outflows of cash, to help ensure that there is always enough cash on hand to cover project expenses.
- Risk assessments : Identification and assessment of financial risks associated with the project, along with strategies to mitigate those risks.
- Financial analysis : Analysis of project finances to identify areas for cost savings or revenue growth opportunities
The ideal candidate for this role will have :
- Bachelor’s degree in Accounting / Finance (Essential)
- Understanding of key accounting concepts and working level of IFRS (Essential)
- Advanced Data analysis experience (Advantageous)
- Post graduate qualification or finance professional qualification would be an advantage e.g. CIMA, CA (SA), MBA etc.
- CA(SA) / CIMA (Highly advantageous)
- Minimum of 5 years relevant experience
- 3+ years working experience within Industrial / Engineering Companies in Accounting
- Experience in public sector projects, mining or power utility sector will be an advantage
- Exposure to NEC3 contract project would be an advantage
- Technology and Telco experience would be an advantage.
Core competencies, knowledge, and experience :
- Advanced Data analysis to derive meaningful insights with a high degree of accuracy and attention to detail.
- Advanced skills in MS Excel and Power Point.
- Ability to communicate at with leaders across the business.
- Ability to collaborate and work with different stakeholders.
- Ability to influence and effect change.
- Sense of urgency
- Commercial acumen
- Understand customer needs and assist sales and commercial teams to resolve customer disputes.