The Accountant will be responsible for managing financial records, cost control, and reporting within a construction environment, ensuring accurate tracking of project costs, budgets, and profitability. The role requires strong understanding of construction accounting practices, including job costing, contract management, and statutory compliance.

Job Description

Key Responsibilities

Project Accounting & Cost Control

• Monitor and track project costs against approved budgets
• Prepare job cost reports and analyze variances
• Ensure proper allocation of costs (materials, labor, subcontractors) to specific projects
• Support project managers with financial insights and cost control measures

Financial Reporting

• Prepare monthly management accounts and financial reports
• Provide project profitability reports and cash flow forecasts
• Assist in budget preparation and financial planning

Accounts Payable & Receivable

• Manage supplier payments, subcontractor invoices, and expense claims
• Verify and process invoices related to construction projects
• Track client payments, valuations, and receivables
• Follow up on outstanding payments

Contract & Billing Management

• Support preparation of interim valuations and final accounts
• Ensure accurate billing in line with project milestones and contracts
• Monitor contract variations and update financial records accordingly

Statutory Compliance

• Prepare and file tax returns (VAT, PAYE, Withholding Tax, etc.)
• Ensure compliance with relevant financial and tax regulations
• Support audits and provide required documentation

Bank & Ledger Reconciliation

• Perform regular bank reconciliations
• Maintain accurate general ledger records
• Reconcile project accounts and resolve discrepancies

Inventory & Asset Management

• Track construction materials and site inventory
• Monitor usage and prevent losses or misallocation
• Maintain asset register for equipment and machinery

Documentation & Record Keeping

• Maintain proper documentation for all financial transactions
• Ensure project files are complete and audit-ready

Job Requirements

Qualifications & Experience

• Bachelor’s degree in Accounting, Finance, or related field
• CPA (Part II or above) or equivalent
• Minimum 3 years’ experience in accounting, preferably in the construction industry
• Experience in project accounting and job costing
• Familiarity with construction contracts and billing processes

• Monitor and track project costs against approved budgets
• Prepare job cost reports and analyze variances
• Ensure proper allocation of costs (materials, labor, subcontractors) to specific projects
• Support project managers with financial insights and cost control measures
• Prepare monthly management accounts and financial reports
• Provide project profitability reports and cash flow forecasts
• Assist in budget preparation and financial planning
• Manage supplier payments, subcontractor invoices, and expense claims
• Verify and process invoices related to construction projects
• Track client payments, valuations, and receivables
• Follow up on outstanding payments
• Support preparation of interim valuations and final accounts
• Ensure accurate billing in line with project milestones and contracts
• Monitor contract variations and update financial records accordingly
• Prepare and file tax returns (VAT, PAYE, Withholding Tax, etc.)
• Ensure compliance with relevant financial and tax regulations
• Support audits and provide required documentation
• Perform regular bank reconciliations
• Maintain accurate general ledger records
• Reconcile project accounts and resolve discrepancies
• Track construction materials and site inventory
• Monitor usage and prevent losses or misallocation
• Maintain asset register for equipment and machinery
• Maintain proper documentation for all financial transactions
• Ensure project files are complete and audit-ready

• Project accounting
• Job costing
• Construction contracts
• Billing processes
• Financial records management
• Cost control
• Financial reporting
• Cash flow forecasting
• Accounts payable
• Accounts receivable
• Supplier payments
• Invoice processing
• Client payment tracking
• Contract management
• Statutory compliance
• Tax return preparation
• Bank reconciliation
• Ledger reconciliation
• Inventory management
• Asset management
• Documentation
• Record keeping

• Bachelor’s degree in Accounting, Finance, or related field
• CPA (Part II or above) or equivalent