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Accountant (Construction Procurement)

2 months ago

Lagos, Lagos, Nigeria Periwinkle Residences Full time

The Role

  • The Accountant will play a pivotal role in supporting the financial management of our real estate development projects, with a specific focus on construction procurement. You will ensure accurate financial reporting, manage project costs, and provide valuable insights to support informed decision-making.
  • We are seeking a motivated and results-oriented accountant with 3-5 years of experience in accounting, with a preference for experience within the real estate or construction industry.

Key Responsibilities
Construction Procurement Accounting:

  • Track and manage construction project costs, including material costs, labor costs, and subcontractor expenses.
  • Analyze bills of quantities BOQs to ensure accuracy and identify potential cost savings.
  • Prepare and monitor project budgets, ensuring adherence to financial targets.
  • Monitor and adjust project prices for inflation and fluctuations in building material costs.
  • Reconcile contractor payments and ensure timely settlements.

Financial Reporting & Analysis:

  • Prepare and analyze financial reports for construction projects, including progress reports, cost variance analysis, and project profitability assessments.
  • Provide insights into project financial performance and identify areas for cost reduction or improvement.

General Accounting:

  • Assist with general accounting tasks, including accounts payable, accounts receivable, and fixed asset management.
  • Reconcile bank statements and other financial accounts.

Data Management & Analysis:

  • Maintain accurate financial records and data for construction projects.
  • Utilize financial software and tools to analyze project data and generate insightful reports.

Desired Skills & Experience:

  • 3-5 years of experience in accounting, with a preference for experience within the real estate or construction industry.
  • Strong understanding of accounting principles and financial reporting.
  • Experience with construction project accounting and cost management.
  • Ability to analyze and interpret financial data.
  • Proficient in accounting software.
  • Strong attention to detail and accuracy.
  • Excellent organizational and time management skills.
  • Ability to work independently and collaborate effectively with team members.