Project Accountant
Project Accountant
Posted on :
10-07-2025
Employer Active
1 Vacancy
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Job Description
Job Title: Project Accountant
Location: Nairobi
Reports To: General Manager
About the Role:
The Project Accountant will ensure financial accuracy and efficiency in managing project-specific
accounting activities through tracking costs preparing financial reports and ensuring compliance with statutory and
company regulations. The role directly supports the successful delivery of the real estate projects by
managing budgets enhancing operational efficiency and providing actionable financial insights.
Requirements
Responsibilities
a) Financial Reporting
Prepare monthly management accounts including profit and loss statements balance sheets and cash
flow projections.
Close monthly accounts ensuring reconciliations of key accounts such as bank receivables and payables
are accurate and timely.
b) Project Accounting
Track actual project costs against approved business cases and contracts.
Provide variance analyses and recommendations to address budget deviations.
c) Budgeting and Forecasting
Lead the preparation of annual budgets and quarterly forecasts for all ongoing projects.
Monitor performance against budgets and propose adjustments where necessary.
d) Transaction processing
Oversee day-to-day financial transactions including payment processing supplier management and
staff reimbursements.
e) Customer Management
Support the sales and customer service teams by managing customer accounts in the company s CRM
system.
Ensure timely invoicing and collections resolving any customer-related financial issues.
f) Statutory and Tax compliance
Ensure timely and accurate filing of tax returns including VAT PAYE NSSF NHIF and other statutory
deductions.
Liaise with auditors during statutory and internal auditors to ensure seamless processes.
g) Risk and compliance.
Collaborate with internal audit and other departments to identify and mitigate financial risks.
Develop and implement robust financial controls and compliance measures.
h) Treasury management
Manage weekly and monthly cash flow forecasts to ensure sufficient liquidity for operational and project
needs.
i) Process improvement
Propose and implement improvements in financial processes to enhance efficiency and accuracy.
Minimum Qualifications
Bachelor s degree in accounting Finance or a related field.
Fully qualified Accountant (CPA-K ACCA or equivalent)
K.C.S.E Grade of B and above with at least a B in Mathematics and English.
Minimum of 2-3 years experience in project accounting preferably in the real estate or construction industry.
Proficiency in ERP systems such as SAP or Oracle.
In- depth knowledge of IFRS and regulatory compliance.
Strong analytical and project management skills.
Key competencies
High attention to detail and accuracy.
Exceptional communication and interpersonal skills.
Ability to work independently and collaboratively with cross-functional teams.
Strong organizational and time management capabilities.
Key Skills
Strong ethical standards and integrity
Ability to multitask and manage competing priorities effectively.
Proactive and solutions-oriented mindset.
Employment Type
Full Time
Key Skills
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