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Cost & Project Accountant - NC - Pofadder

Junior Cost / Project Accountant (POS 24168)

Gamsberg (Pofadder)

R28 30 000.00 PM

Job Purpose:

This position is accountable for efficient and effective project budgeting, monitoring the progress of projects, investigating variances, ensuring accurate invoicing and reporting on project profits achieved.

Requirements:

  • Degree BCom/CIMA + 2-3 years experience

OR

  • Diploma in Costing with 5 6 years experience

Responsibilities:

  • Ensure that documentation is received from Services department on a new project;
  • Setting up a Budget for new projects based on approved PO value and timeline from services department;
  • Monitor and approve the issue of stock for the specific project;
  • Processing of material usages;
  • Weekly material stock count;
  • Ensure that invoicing requirements are met as per specific client needs;
  • Ensure accuracy of project invoicing;
  • Monitor and report on actual expenditure compared to budget and raise any issues;
  • Promote project cost savings;
  • Monitor and ensure that project changes are accounted for in the final project sign off;
  • Ensure the maintenance of internal documentation to ensure that project is accepted by client;
  • Sign off projects with Operations Manager before final project closure;
  • Ensure that all stock and services related costs are captured for month end close off;
  • Prepare detailed project analysis and reconcile sales, cost and inventory accounts;
  • Report on a weekly basis on project budget versus actuals;
  • Performing any other tasks upon request from Financial Manager.
  • Maintain project-related records, including contracts and change orders;
  • Review and approve contractors invoicing related to a project;
  • Recon of all contractors invoicing on project;
  • Liaise with Project managers to get required information;
  • Investigate project variances and submit variance reports to management;
  • Assist in providing information for annual audit.

Closing Date: 30 June 2024

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