Overview of salaries statistics of the profession "Project Accountant in South Africa"

Brief Job Description:Supporting the construction teams with turnkey flooring installation jobs – assisting with full costing model from quotation through to invoicing, certification and payment.Managing the inventory allocated to projects, held offsite.Assessing project contracts and credit risk on project accounts.Supporting the operations teams with any other accounting support.Reporting to the Group Cost Accountant, the Construction Accountant will be responsible for ensuring accurate accounting of construction projects and ensuring projects comply with both company and accounting policies.Requirements:MUST have experience within Construction Industry.Well presented and well spoken – this individual will be required to represent us in meeting with clients when disputes arise. So they should be able to present themselves well and have the ability to explain their position well.Must be willing to travel (locally in SA) to job sites and have a reliable car with valid drivers licence.Must be familiar with construction sites – exposure to QC related work or assisting a QC would be beneficial.Minimum BCom Degree in Accounting or similar relevant qualification.Min 5 years experience in accounting with exposure to construction (flooring installations would be beneficial).

Do you have experience in cost analysis and other relevant finance functions related to the costing of maintenance/construction projects? You will be required to do cost planning, forecasting, and reporting on deliverables.Exposure to forex will be advantageous.Accuracy, attention to detail and clear communication skills are essential for this role.Requirements:MatricBCom Accounting Degree with very good knowledge of cost accountingAt least 3 years of appropriate experience in financial and cost accountingFinancial analysis aptitude advantageousExcel – advanced skills essentialAny accounting system, SAP system preferredWorking Hours: 8am – 4pm (8-hour day)Duties and Responsibilities:    Business Support:Providing commercial and cost management support and guidanceNon-Charge Cost Review:Ensuring valid cost classification of non-chargeable costsBudgeting and Forecasting:Facilitating the planning process with respective budget holdersbudget and forecast inputs aligned to scope requirements and management directivesProposing cost-effective measures as necessaryCost Analysis:Analysing and providing commentary on variances between forecast, actuals and budget and making recommendations to management where necessary – aligned to internal reporting requirements to budget holdersCost Reporting and Presentations:Preparing cost reports and presentation content as required by the respective business areas and management teamRevenue:Reviewing final commercial cost close-out in collaboration with business stakeholders and submitting accurate revenue billing requirements to Finance stakeholders timelyScenarios and modelling:Supporting scenario planning and financial modelling on an ad hoc basisSAP System:Maintaining the projects system whilst ensuring appropriate budget control measures are adhered toEnsuring appropriate management of costs in an SAP cost centre structure including maintaining SAP assessment cycles and running assessments monthly and for cost planning purposesAssisting with SAP-related testing, as and when requiredMonth End:Performing month-end procedures on SAP including running settlements, assessments, and journal postings for cost accruals and cost reallocations based on cost analysis performedCompliance:Preparing South African and Namibian VAT return supporting schedules and payment documentationFixed Assets:Facilitating asset scrapping process with business stakeholders as required and ensuring assets are tagged timeouslyAccounts Payable:Weekly supplier payment proposal review and posting

Job Requisition DetailsREQ131275Location: Sandton, JohannesburgClosing Date: 14 April 2024Talent Acquisition: Bongiwe MchunuJob FamilyProject, Process and ProductCareer StreamProjectsLeadership PipelineManage Others (MO)Job PurposeTo lead the development and delivery of priority growth initiatives, that will materially increase Consumer Banking revenues. This would be achieved collaboratively with stakeholders and partners from across the Group. The material nature of the initiatives means there will be no more than 2:3 of these growth initiatives in flight at a time.Job Responsibilities:Identify and prioritise material, non:Business:As:Usual, growth initiatives that have the potential to materially increase Consumer Banking revenues. :Use robust analytics and insights in this identification and prioritisation process. :Take an investor or "outside:in" view in identifying and prioritising such initiatives.:Build business cases that show the Net Present Value of proposed initiatives. :Use analyses and benchmarks to derive clear and realistic assumptions and Key Performance Indicators (KPIs) that drive the value creation in the business case.:Identify, structure and quantify the requirements to deliver each initiative across technology, talent, data etc.:Secure the resources to deliver the initiative across technology, talent, data etc. :Leverage existing technology processes to resource and deliver technology enablers. :Leverage people from across the Group who can dedicate themselves to the priority initiatives. :Secure support from other Group functions as necessary, e.g. for data, marketing, risk and compliance etc.:Build and maintain quality relationships with stakeholders and partners.:Establish the tracking and Management Information to ensure suitable benefits realisation from the initiatives, in partnership with Finance.:Establish the governance required for the initiatives. :Leverage existing Forums where appropriate.:Lead execution of the initiative, including resolving bottlenecks to timeous and quality execution as they arise.:Lead any required change management at all relevant levels of the organisation.:Track and report on associated revenue benefits, in partnership with Finance.:Contribute to the Cluster and Group objectives through the successful delivery of material growth initiatives.Essential Qualification : NQF Level :Degree : B Com or BSc degree in Finance, Accounting, Economics, Commerce or similarPreferred Qualification:Post:graduate qualification e.g. Chartered Accountant, Masters etc.Minimum Experience Level:5 : 10 years professional experience within a similar role at senior manager levelTechnical / Professional Knowledgestylemargin:top:0.0;margin:bottom:0.0::Strategic planning:Business administration and management:Communication Strategies:Change management:Financial Accounting Principles:Principles of project management:Relevant regulatory knowledge:Client Service ManagementBehavioural Competenciesstylemargin:top:0.0;margin:bottom:0.0::Establishing Strategic Direction:Leading Change:Sharing Responsibility:Driving Execution:Motivating the Sales Organization:Business Savvy::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: the Nedbank Recruiting Team at +27 860 555 566