Project Accountant

1 month ago


Sandton, South Africa Pele Energy Group Full time
Project Accountant Job Description

Pele Energy Group is seeking a highly skilled and experienced Project Accountant to join our team. As a key member of our finance department, you will be responsible for preparing budgets, monitoring variances, and reporting on financial performance to various stakeholders.

Key Responsibilities:
  • Project Management Unit Support: Develop and implement financial procedures to support project delivery, including budget tracking, burn rate reporting, and other tracking tools.
  • Financial Administration: Monitor the financial administration of framework agreements to ensure consistency with commercial pricing models and commercial strategy, and provide regular performance updates.
  • Budget Management: Provide budget information as required, including fee rates, LOE, actual project costs, burn rates, and other relevant data.
  • Disbursement of Funds: Monitor the disbursement of funds to project construction contractors according to approved budgets.
  • Budget Tracking: Set up and maintain budget tracking on all projects, monitoring, reporting, and analyzing budget variances.
  • Financial Reporting: Prepare month-end reports for management, including profit and loss statements and balance sheets.
  • Cash Flow Management: Manage cash flow projects and reports.
  • Client Project Audits: Assist with client project audits.
  • Financial Transactions: Prepare advances, sales invoices, work-in-progress, assist with credit control, and process purchase invoices.
  • Financial Records: Keep project finance records and provide assistance in financial reporting as requested.
  • Financial Compliance: Ensure that all invoicing and financial requirements are met on time.
Requirements:
  • Education: B.Com or related finance degree.
  • Experience: 8+ years of experience in a similar role.
  • Skills: ERP/SAGE knowledge is advantageous. Excellent Microsoft Excel skills, and proficiency in other Microsoft Office Suite Products. Excellent report writing skills for Budgets Analysis and Management Accounts. Experience with Finance Business Partnering and financial information analysis. Cost/Management Account experience. Short-term budgeting and long-term financial planning experience. A clear understanding of overall business and Cost Driver analysis.

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