Accountant

Key Responsibilities:

Financial Recordkeeping:

• Maintain accurate and up-to-date financial records for the company, including general ledger entries, accounts payable, accounts receivable, and bank reconciliations.
• Manage financial transactions related to construction projects, including tracking project costs, progress payments, and billings.
• Prepare monthly, quarterly, and annual financial statements, ensuring accuracy and compliance with accounting standards and regulations.

Cost Accounting and Job Costing:

• Track and allocate project costs, including labor, materials, subcontractor expenses, equipment rentals, and overheads.
• Prepare detailed cost reports and analyze cost variances to ensure projects remain within budget.
• Oversee job costing processes, including tracking the financial performance of individual construction projects.

Budgeting and Forecasting:

• Collaborate with project managers to create and manage budgets for construction projects.
• Monitor financial performance against the budget and provide regular reports on financial progress and forecasts.
• Assist in the preparation of annual budgets for the company.

Accounts Payable and Receivable Management:

•  Manage accounts payable, ensuring that all vendor invoices are accurate, timely, and properly approved for payment.
• Oversee accounts receivable, ensuring timely invoicing and collection of payments from clients.
• Liaise with vendors, clients, and subcontractors regarding payment issues, disputes, or inquiries.

Tax and Compliance:

• Ensure compliance with all relevant tax regulations, including VAT/GST, withholding tax, and other industry-specific taxes.
• Assist with the preparation and filing of tax returns and other financial compliance reports.
• Prepare documentation for external audits and assist auditors during the audit process.

 Financial Analysis and Reporting:

• Provide financial analysis and reports to senior management, highlighting key financial metrics, cash flow, and performance indicators.
• Assist in evaluating financial performance of construction projects and advising on cost-saving strategies.
• Support management in decision-making by providing accurate financial information and projections.

 Internal Controls and Risk Management:

• Implement and maintain effective internal controls to safeguard company assets.
• Identify and mitigate financial risks associated with construction projects and the overall business.
• Monitor and report on financial discrepancies or fraud risks.

Qualifications and Requirements:

Education:

• Bachelor’s degree in Accounting, Finance, or a related field.
• Professional accounting qualification (e.g., ACCA, CPA) is preferred.

Experience:

• Minimum of 5 years of experience in accounting, preferably within the construction or engineering industry.
• Strong understanding of construction accounting practices, including job costing, progress billing, and contract accounting.

Skills and Knowledge:

• Proficient in accounting software (e.g., QuickBooks, Sage, Xero, or similar).
• Advanced MS Excel skills, with the ability to analyze and present financial data effectively.
• Knowledge of construction industry regulations, tax laws, and compliance standards.
• Strong analytical and problem-solving skills with attention to detail.
• Excellent written and verbal communication skills.
• Ability to manage multiple tasks and meet deadlines in a fast-paced environment.

Personal Attributes:

• Strong organizational and time-management skills.
• Ability to work independently and as part of a team.
• High level of integrity and professionalism.
• Proactive attitude and a keen eye for detail.

Location: Accra

Salary: Attractive