Job Summary
The Project Accountant Manager will be responsible for overseeing the financial management of various projects, ensuring accurate accounting, financial reporting, and compliance. The ideal candidate will have a strong background in project-based accounting, leadership capabilities, and experience in managing audits. This role requires a detail-oriented professional with excellent analytical skills and a deep understanding of project financials.
Key Responsibilities
Financial Management:
Oversee the financial aspects of multiple projects, including budgeting, forecasting, and cost control.
Monitor project expenditures, ensuring they are within budget and aligned with financial goals.
Prepare and review project financial reports, providing accurate and timely updates tmanagement.
Project Accounting:
Maintain accurate financial records for all projects, including tracking revenues, costs, and billing.
Handle project invoicing, accounts payable, and accounts receivable processes.
Ensure compliance with accounting standards and company policies in all project-related transactions.
Audit Management:
Lead and manage internal and external audits, ensuring timely completion and addressing any audit findings.
Prepare necessary documentation and financial statements for audit purposes.
Implement audit recommendations and ensure continuous improvement in financial processes.
Budgeting and Forecasting:
Collaborate with project managers tdevelop and review project budgets.
Conduct variance analysis and provide insights on financial performance against budget forecasts.
Identify and implement cost-saving initiatives timprove project profitability.
Leadership and Team Management:
Supervise, mentor, and develop a team of accountants, ensuring high performance and adherence tdeadlines.
Provide guidance on financial processes and best practices in project accounting.
Foster a culture of continuous learning and professional development within the team.
Compliance and Risk Management:
Ensure compliance with statutory regulations, tax requirements, and company policies.
Identify and mitigate financial risks associated with projects.
Maintain accurate and up-to-date financial records for audits and reporting purposes.
Requirements
Key Qualifications
Education:
Bachelor's degree in Accounting, Finance, or a related field.
Certified Public Accountant of Kenya (CPAK) qualification is mandatory.
Experience:
Minimum of 5 years of experience in a project-based accounting role, preferably in the renewable energy or construction industry.
Proven experience in managing financial audits and leading audit processes.
Demonstrated experience in budgeting, forecasting, and financial analysis for projects.