Accountant (Construction Industry) at Reeds Africa Consult
Reeds Africa Consult View all jobs
- Nairobi
- Permanent
- Full-time
Project Accounting & Cost Control
- Monitor and track project costs against approved budgets
- Prepare job cost reports and analyze variances
- Ensure proper allocation of costs (materials, labor, subcontractors) to specific projects
- Support project managers with financial insights and cost control measures
- Prepare monthly management accounts and financial reports
- Provide project profitability reports and cash flow forecasts
- Assist in budget preparation and financial planning
- Manage supplier payments, subcontractor invoices, and expense claims
- Verify and process invoices related to construction projects
- Track client payments, valuations, and receivables
- Follow up on outstanding payments
- Support preparation of interim valuations and final accounts
- Ensure accurate billing in line with project milestones and contracts
- Monitor contract variations and update financial records accordingly
- Prepare and file tax returns (VAT, PAYE, Withholding Tax, etc.)
- Ensure compliance with relevant financial and tax regulations
- Support audits and provide required documentation
- Perform regular bank reconciliations
- Maintain accurate general ledger records
- Reconcile project accounts and resolve discrepancies
- Track construction materials and site inventory
- Monitor usage and prevent losses or misallocation
- Maintain asset register for equipment and machinery
- Maintain proper documentation for all financial transactions
- Ensure project files are complete and audit-ready
- Bachelor’s degree in Accounting, Finance, or related field
- CPA (Part II or above) or equivalent
- Minimum 3 years’ experience in accounting, preferably in the construction industry
- Experience in project accounting and job costing
- Familiarity with construction contracts and billing processes
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