PMO Accountant

2 days ago

Johannesburg, Gauteng, South Africa Maziv Full time

POSITION STATEMENT

The Project Management Accountant is responsible for overseeing the financial aspects of projects, ensuring accurate budgeting, forecasting, cost control, and financial reporting. This role acts as a bridge between finance and project teams, providing insights that support strategic decision-making and project success

KEY RESPONSIBILITIES

  • Develop and maintain project budgets and forecasts in collaboration with project managers/finance manager
  • Monitor project costs, identify variances, and provide timely financial analysis.

    Prepare monthly project financial reports, including profit and loss statements and cash flow projections.
  • Ensure compliance with internal financial controls and external regulatory requirements.
  • Track and manage project billing, revenue recognition, and cost allocations.
  • Participate in build kick off sessions ensuring that relevant SLA, customer POs, etc are in place before commencement of projects
  • Assist projects team to ensure quality and spec of build is per customer requirements
  • Support project audits and provide documentation as required.
  • Liaise with procurement and finance teams to ensure accurate cost tracking.
  • Advise project teams on financial risks and opportunities.
  • Tracking of project costs against customer PO (GP tracking)
  • Assist in the development of financial models for new projects or proposals.
  • Assist with approvals with budget and timeline of the project objectives
  • Work with the procurement and stock team to ensure availability of stock for projects, in line with approved rate cards, also limiting excess stock
  • Ensure timely payments of sub-contractors as per project milestones
  • Review of ageing of projects with PMO finance manager to ensure accuracy and validity
  • Ensure contractor AP accounts reconciled to supplier statements at month end
  • Tracking of retentions held

BEHAVIOURAL COMPETENCIES

  • Accountability
  • Excellent interpersonal skills
  • Excellent communication skills (verbal and written)
  • Problem solving skills
  • Good analytical and decision-making skills
  • Time management skills
  • Customer service orientated
  • Must have mature judgement and the ability to relate well with others
  • Must be able to work under pressure
  • Ability to work independently, take initiative and make sound decisions in an environment of limited

SKILLS & KNOWLEDGE

  • Good communication skills
  • Effective decision making
  • Strong financial acumen
  • Ability to produce management reports
  • Ability to communicate in a clear and logical manner
  • Mathematical literacy
  • Accountability
  • Ability to perform under pressure
  • Works effectively with procurement, finance, and other department

QUALIFICATION & EXPERIENCE

  • Diploma in accounting or finance is advantageous.
  • 3-5 years of experience project administration or procurement/stock management
  • Intermediate Excel
  • Strong understanding of project lifecycle and cost management principles
  • Knowledge of Sage (beneficial)
  • Excellent analytical, problem-solving, and communication skills
  • Excellent verbal and written communication skills

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