Location: Addis Ababa
Reports to: Finance Manager
Employment Type: Full-time
Job Purpose
The Senior Accountant – Project Accounting is responsible for managing and controlling all financial aspects of company projects. This includes project budgeting, monitoring actual performance, controlling project-related costs, preparing periodic reports, and ensuring compliance with company financial policies and accounting standards.
Key Responsibilities
• Prepare and monitor project budgets in collaboration with the finance and technical departments.
• Record and reconcile all project-related transactions, including purchases, payments, fixed assets, and work progress costs.
• Ensure accurate allocation of costs to each project and report on cost performance versus budget.
• Follow up on payment certificates, contract variations, and retention payments with project managers and the finance team.
• Prepare monthly project financial reports, including budget utilization and variance analysis.
• Control project advances, ensure proper documentation, and follow up on timely settlement.
• Maintain and update project asset registers, ensuring proper capitalization when projects are completed.
• Support project audits and ensure documentation is organized for review.
• Coordinate with procurement, store, and technical departments for proper expense authorization and recording.
• Strengthen internal controls on project financial activities and compliance with IFRS and company policies.
• Provide advice to management on project cost control and financial efficiency.
Qualifications and Experience
• BA degree in Accounting, Finance, or related field
• Minimum of 5 years of relevant accounting experience, including at least 3 years handling project-related financial activities.
• Experience in a Import and Export and construction is advantageous.
• Strong understanding of project cost control, budgeting, and capital expenditure accounting.
Personal Competencies
• Strong analytical and problem-solving skills.
• Good coordination and communication with project teams.
• Team leadership and ability to guide junior accountants.
• Result-oriented, with a focus on financial accuracy and compliance.