Accountant - Construction

The Responsibilities of Construction Accountant are :

Develop and manage construction budgets in collaboration with project managers and respective stakeholders.

Monitor budgetary allocations and ensure adherence to financial guidelines.

To oversee the construction Accounts Payable process, including the accurate and timely processing of invoices.

Collaborate with vendors and suppliers to resolve billing discrepancies and ensure smooth payment processing.

Facilitate the construction loan draw process, ensuring compliance with project milestones and financial requisites.

Coordinate with financial institutions to provide necessary documentation for loan disbursements.

Manage the preparation and collection of lien waivers and releases from contractors and subcontractors.

Ensure that all necessary documentation is in place to protect the project from potential legal encumbrances.

Perform ongoing accounting duties, including the preparation of invoices, expense tracking, and cash flow estimation.

Collaborate with project teams to ensure accurate financial reporting at various project stages.

Maintain comprehensive records of all project-related finances for both internal and external auditing purposes.

Prepare and organize financial documentation to ensure compliance with tax regulations.

Monitor project financials and promptly report any identified risks or budgetary discrepancies to management.

Provide insightful analysis and recommendations for addressing financial challenges.

Essential Qualifications : Education : Minimum Bachelors degree in Accounting / Finance or related field. (Preferred ACCA / CA)

Professional Experience : Minimum 02 years of relevant experience in the Construction Industry (Building / Real Estate).

Behavioral Skills and Competencies : The candidate must have the following qualities :

Required skills :

Excellent verbal and written communication skills.

Detail oriented and organized.

Good analytical and problem-solving skills.

Knowledge of construction cost accounting and related financial procedures.

Familiarity with accounting software, such as QuickBooks and NetSuite.

Ability to adapt to the needs of the organization and employees.

Ability to prioritize tasks and to delegate them when appropriate.

Proficiency in Microsoft Office Suite including Outlook, Word & Excel.

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