Objective:

The Project Accountant acts as the finance business partner to the project team, manages the project budgets and provides detailed financial insights and comprehensive financial control over the projects. He/She monitors the progress of projects, ensures the accurate tracking of costs, budgets and revenue, and further ensures compliance with accounting standards, tax and statutory regulations.

Responsibilities

Budget management and forecasting

• Monitor actual project performance against budget and identify areas for improvement
• Provide financial forecasts, cost-to-complete estimates and analysis in consultation with Project managers (PM)

Financial tracking, invoicing and reporting

• Maintain detailed records of project costs, expenses and revenues
• Ensure timely and accurate monthly and year-end financial closing
• Prepare project financial reports, analyze and investigate budget variances/cost over-runs
• Facilitate issuance of client invoices, ensuring accuracy and timely collection of payments

Audit and compliance

• Ensure project transactions comply with corporate policy and internal controls, latest accounting controls, and statutory regulations
• Ensure accuracy of financial records and assist with year-end audits

Collaboration and communication

• Work closely with PM and other project team members and/or stakeholders to ensure data accuracy and timely reporting
• Work closely with Procurement on cost management and vendor payment management
• Timely communication of financial performance to project stakeholders

Others

• Assist in commercial contract review, payments and other project-related tasks
• Travel to project sites for status review meetings

Qualifications

Educational Attainment:

Bachelor's degree in Accountancy, preferably CPA.

Those of different educational background but with solid relevant experience (strong understanding of accounting principles and ability to analyze financial data) may be considered.

Skills and Experience:

• Preferably with 5 years of experience in Project Accounting in construction projects or similar industry
• Strong understanding of construction accounting, project management and cost control
• Able to communicate effectively and work collaboratively with internal and external stakeholders
• Able to work independently and as part of a team; with attention to detail and high level of accuracy
• Strong organizational and time management skills
• With ability to identify and resolve accounting issues and discrepancies
• Proficiency in accounting software and other office productivity tools

Please refer to job description.