Project Accountant At Ascentech Services Limited
Ascentech Services Limited
full-time
Job Summary
We are seeking an experienced Project Accountant to manage financial and accounting activities related to engineering, procurement, construction, and other project-based operations.
The ideal candidate will have strong knowledge of project accounting, cost monitoring, budgeting, financial reporting, and financial control, preferably within a construction, engineering, EPC, oil & gas, or other project-based environment.
Responsibilities
Manage day-to-day accounting activities for assigned projects.
Monitor project costs, budgets, expenses, and overall financial performance.
Prepare project financial reports, statements, and cost analyses.
Track project expenditures against approved budgets and identify, investigate, and report variances.
Process and reconcile invoices, payments, receivables, and payables.
Maintain accurate records of all project-related financial transactions.
Support project budgeting, forecasting, and cash-flow management.
Reconcile bank accounts, ledgers, and project accounts.
Monitor purchase orders, commitments, project expenses, and outstanding obligations.
Support project teams with financial information and cost-control measures.
Ensure proper documentation and financial controls are maintained across projects.
Ensure compliance with applicable accounting standards, tax regulations, and company policies.
Requirements
Bachelor's Degree in Accounting, Finance, or a related field.
3 - 5 years of relevant accounting experience, preferably within an EPC, engineering, construction, oil & gas, infrastructure, or other project-based environment.
Strong understanding of project accounting and cost control.
Experience monitoring project budgets, expenditures, and cost variances.
Proficiency in Microsoft Excel and accounting/ERP software.
Good knowledge of financial reporting, reconciliations, and financial analysis.
Strong analytical, numerical, and problem-solving skills.
Attention to detail and ability to manage multiple project-related transactions.
Good communication and organisational skills.
Must be based in or willing to work in Abuja.