Project Accountant at RMB - Rand Merchant Bank

Job Description

To ensure project finances are appropriately managed, reported on and compliant for overall financial success of projects.

• To provide professional Project Accounting and governance support to the operations and project teams, may include detail cost analysis commitments, updating project schedules, completing reporting packs and performing administration function.
• Review all cost center reports and ensure usage of resources is in line with cost center finance allocations.
• Accurately prepare management accounts in conjunction with management accounting office to be presented at various committee meetings.
• Support budget holders in developing and monitoring plans.
• Assist with annual budget preparation.
• Assist with budget coordination, perform reasonable tests on information received from budget holders as well as management accounting office.
• Review and comment on budgeted profit and loss from management accounting office.
• Extract reports for management and perform statistical analysis to present statistical knowledge to stakeholders.
• Open and maintain projects on system.
• Ensure completeness and accuracy of all project costing and commitments.
• Compile monthly project schedules and reports for the PRC.
• Attend monthly project review meeting with Project Head.
• Prepare monthly project cash flow forecast.
• Identify FX exposure on projects and report monthly.
• Post project analysis and review to determine if financial objectives are met.
• Accurately calculate and issue costs for various new projects timeously.
• Assist project manager with preparation of cost budgets and the reconciliation thereof.
• Continuous adherence to IFRS regulations, procedures, and standards.