Project Accountant

Job Description

Title: Project Accountant

Company Name: A reputed group of companies (RMG Division)

Vacancy: --

Location: Anywhere in Bangladesh

Salary: Negotiable

Experience:
∎ At least 5 years
∎ The applicants should have experience in the following business area(s):Garments, Textile, Group of Companies

Published: 20 May 2024

Education:
∎ Bachelor of Commerce (BCom)
∎ Bachelor of Business Administration (BBA)

Requirements:

Additional Requirements:
∎ Strong understanding of technical accounting as it relates to projects.
∎ Able to spot errors and/or anomalies and highlight and quantify risks and opportunities.
∎ Understanding of budget/forecast processes and tools. Able to support and guide users in the preparation of project budgets and forecasts.
∎ Use all tools at disposal to provide analysis and to present it clearly to project managers.
∎ Interprets stakeholder needs and expectations to build working relationships and deliver appropriate solutions.
∎ Ability to communicate well in a multi-stakeholder environment, as well has having excellent written communication skills.
∎ Confident in the use of accounting systems and willingness to work on the enhancement of existing systems and processes
∎ Strong understanding of technical accounting as it relates to projects.
∎ Able to spot errors and/or anomalies and highlight and quantify risks and opportunities.
∎ Understanding of budget/forecast processes and tools. Able to support and guide users in the preparation of project budgets and forecasts.
∎ Use all tools at disposal to provide analysis and to present it clearly to project managers.
∎ Interprets stakeholder needs and expectations to build working relationships and deliver appropriate solutions.
∎ Ability to communicate well in a multi-stakeholder environment, as well has having excellent written communication skills.
∎ Confident in the use of accounting systems and willingness to work on the enhancement of existing systems and processes

Responsibilities & Context:
∎ The role is responsible for supporting Project Managers to manage project finances and for performing month-end project accounting tasks.
∎ Prepare high quality and timely monthly financial and accounting reports related to project.
∎ Supporting Project Managers in day to day project accounts & finance management.
∎ Understanding and interpreting the month’s performance with insightful commentary on variances of project cost.
∎ Analyse financial information (e.g. expenditures and cash management) to ensure all operations are within budget.
∎ Review and analyse changes to project budget in line with corporate and requirements, proactively identify risks and propose mitigations.
∎ Join internal and supplier meetings to lead on project accounts & finance discussion.
∎ Develop systems and processes to ensure efficient and effective management of project finances and reporting, including monitoring spend against implementation plans/projections.
∎ Ensure all project related documentations, including audit trail are appropriately stored.
∎ Lead on project audits both internally and externally.
∎ Provide oversight and support to the Head Office to ensure that forecasts are accurate and realistic, adjusting for risk if needed so that variance against monthly forecasts are minimal.
∎ Ensure appropriate project accounting from inception to closure.
∎ Ensuring robust forecasting is undertaken.
∎ Ensuring accurate and consistent journals are posted.
∎ Meeting audit requirements.
∎ Ensure and Keep track of quality, quantity, stock levels, delivery times, transport costs and efficiency for project materials.
∎ Any other tasks as assigned by management.
∎ The role is responsible for supporting Project Managers to manage project finances and for performing month-end project accounting tasks.
∎ Prepare high quality and timely monthly financial and accounting reports related to project.
∎ Supporting Project Managers in day to day project accounts & finance management.
∎ Understanding and interpreting the month’s performance with insightful commentary on variances of project cost.
∎ Analyse financial information (e.g. expenditures and cash management) to ensure all operations are within budget.
∎ Review and analyse changes to project budget in line with corporate and requirements, proactively identify risks and propose mitigations.
∎ Join internal and supplier meetings to lead on project accounts & finance discussion.
∎ Develop systems and processes to ensure efficient and effective management of project finances and reporting, including monitoring spend against implementation plans/projections.
∎ Ensure all project related documentations, including audit trail are appropriately stored.
∎ Lead on project audits both internally and externally.
∎ Provide oversight and support to the Head Office to ensure that forecasts are accurate and realistic, adjusting for risk if needed so that variance against monthly forecasts are minimal.
∎ Ensure appropriate project accounting from inception to closure.
∎ Ensuring robust forecasting is undertaken.
∎ Ensuring accurate and consistent journals are posted.
∎ Meeting audit requirements.
∎ Ensure and Keep track of quality, quantity, stock levels, delivery times, transport costs and efficiency for project materials.
∎ Any other tasks as assigned by management.

Skills & Expertise:

Employment Status: Full Time

Job Location: Anywhere in Bangladesh

Company Information:
∎ A reputed group of companies (RMG Division)

Read Before Apply: Please apply only who are fulfilling all the requirements of this job

Application Deadline: 19 Jun 2024

Category: Accounting/Finance

Interested By University

University Percentage (%)
National University 25.27%
University of Dhaka 5.59%
2.66%
Jagannath University 2.66%
Asian University of Bangladesh 1.60%
University of Chittagong 1.33%
Tongi Govt. College 1.06%
City University 0.80%
Govt. Commerce College 0.80%
Govt. Azam Khan Commerce College 0.80%

Interested By Age Range

Age Range Percentage (%)
20-30 35.90%
31-35 26.33%
36-40 19.41%
40+ 14.89%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 3.46%
20K-30K 22.87%
30K-40K 28.72%
40K-50K 21.28%
50K+ 23.67%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 9.84%
0.1 - 1 years 3.72%
1.1 - 3 years 11.44%
3.1 - 5 years 17.02%
5+ years 57.98%

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