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Project Accountant

Ascentech Services Limited | Lagos, Nigeria

Full-Time Posted today 2 views

About the Role

Ascentech Services Limited is a premier recruitment and human resource consulting firm dedicated to connecting top-tier professionals with leading organizations. We are currently recruiting a skilled Project Accountant on behalf of our client in the engineering and construction sector. In this role, you will play a vital part in overseeing the financial health of complex engineering, procurement, and construction (EPC) initiatives, ensuring seamless cost tracking, accurate reporting, and strict regulatory compliance.

Key Responsibilities
  • Manage day-to-day accounting and financial operations specifically tailored for EPC projects.
  • Monitor project costs, budgets, operating expenses, and overall financial performance.
  • Prepare comprehensive project financial reports, statements, and detailed cost analyses.
  • Track project expenditures against approved budgets, actively identifying and addressing variances.
  • Process and reconcile invoices, payments, accounts receivable, and accounts payable.
  • Review vendor and subcontractor invoices alongside supporting documentation to ensure accuracy.
  • Maintain precise records of all project-related financial transactions.
  • Support senior management with project budgeting, financial forecasting, and cash-flow management.
  • Perform regular reconciliations of bank accounts, general ledgers, and project accounts.
  • Ensure full compliance with applicable accounting standards, Nigerian tax regulations, and internal company policies.
Qualifications
  • Bachelor's Degree in Accounting, Finance, or a closely related field.
  • 1 to 3 years of relevant accounting experience, ideally gained within an EPC, engineering, construction, oil and gas, or project-based environment.
  • Solid understanding of project accounting principles and cost control methodologies.
  • Advanced proficiency in Microsoft Excel and modern accounting or ERP software.
  • Strong knowledge of financial reporting standards and account reconciliation techniques.
  • Exceptional analytical, numerical, and problem-solving skills with high attention to detail.
  • Ability to multitask and manage numerous project-related transactions efficiently.
  • Must reside in Abuja or demonstrate a clear willingness to relocate.
Benefits
  • Competitive salary package commensurate with industry standards.
  • Opportunities for professional growth and career advancement within a reputable organization.
  • Collaborative and dynamic work environment with industry experts.

Skills

Project Accounting Cost Control Financial Reporting Budgeting & Forecasting Microsoft Excel ERP Software Accounts Payable/Receivable Bank Reconciliations
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