Project Accountant

Project Accountant

KennedyPearce is recruiting for a Project Accountant on behalf of an International Agency. The project accountant provides project teams with financial and administrative support on a day to day basis. The project accountant produces financial analysis and works closely with the finance team, focusing on purchase order and invoicing matching and sales forcasting.

Reporting to the Project Accounting Manager the Project Accountant will be responsible for:

* Dealing with various queries relating to Purchase Requisitions and Orders while noting and resolving issues
* Reviewing the missing timesheet report and preparing a list of persons with missing timesheets and submitting list to Senior Management team to action.
* Dealing with timesheet queries.
* Raising Project Acceptance Forms
* Raising of Sales Invoices on the CSAP system. All sales invoices must be checked by the Financial Controller prior to despatch. To facilitate this process, providing a copy of the PAF or Contract Agreed by the client or Client Purchase Order.
* Provide Project Managers with copies of Sales Invoices on the same day of despatch to client.
* Timely raising of pre bills
* Determining billable and non-billable CSAP projects and maintaining contracts through CSAP
* Providing CCF and PE documents for Intercompany reporting
* Providing detailed job analysis along with COS and sales forecasts
* Assisting Project Accounting Manager, other finance team members & shared service centre when needed
* Reconciling costs from PROCIM to CSAP on a weekly basis and ensuring that the necessary adjustments are made within 24 hours of reconciliation.
* Ensure that the Project Forecast Gross Margin & Gross Profit is not less than the Budgeted Gross Margin & Gross Profit.
* Forecast potential revenue losses or gains
* Ensure that any potential cost overruns are communicated on a timely basis to the Project Owner, and in turn to the Project Accounting Manager for review.
* Managing foreign exchange movements on budgets
* Reconciling CSAP project costs to PROCIM Costing Worksheet ; ensuring Final margin and profit is approved by Project Owner & Project Accounting Manager prior to TECO or FNBL on CSAP
* Other Adhoc Reports and Tasks when covering other members of the team
* Approval of Supplier’s Invoices within a timely and regular fashion – the majority of invoices should be cleared within 5 working days (including all tasks undertaken to resolve variances between invoices and purchase orders).
* The project accountant is accountable for late cost accruals which are recommended at completion and financial reconciliation of projects

You will have 2 years’ minimum experience as a Project Accountant within a Media business.

You will have strong experience in Revenue Recognition.

You will have a degree in Accounting and or Finance.

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