Project Accountant

Recruiter:

Actom

Job Ref:

JHB000021/BT

Date posted:

Monday, April 14, 2025

Location:

Johannesburg, South Africa

SUMMARY:
We are looking for Project Accountant who will be responsible for managing the financial aspects of assigned projects, ensuring accuracy in cost tracking, budgeting, forecasting and compliance with financial policies. The role involves working closely with project managers, finance teams, and external stakeholders to ensure projects are completed within budget and financial risks are minimised.

POSITION INFO:

1. Financial Management & Reporting

Monitor and track project budgets, actual costs, and variances.
Prepare financial reports, forecasts, and variance analyses for management.
Assist in cash flow management and project financial planning.

2. Budgeting & Cost Control

Assist in the preparation of project budgets and cost estimates.
Review and approve project-related expenses, invoices, and purchase orders.
Identify potential cost overruns and recommend corrective actions.
Assist with interim payment certificate and claims
Assist with contract price adjustment calculation for both customer and suppliers

3. Compliance & Auditing

Ensure all financial transactions comply with South African Revenue Service (SARS) tax regulations, including VAT and PAYE.
Maintain proper documentation and records for internal and external audits.
Assist in the preparation of audit files and support external auditors as required.

4. Accounts Payable & Receivable

Process invoices and payments related to project expenditures.
Reconcile project accounts and resolve discrepancies.
Monitor outstanding receivables and liaise with clients on payments.

5. Stakeholder Coordination

Work closely with project managers to ensure financial goals align with project objectives.
Liaise with procurement, finance, and administrative teams to streamline processes.
Communicate financial updates and risks to relevant stakeholders.

Qualifications and Experience

Bachelor’s degree in Accounting, Finance, or a related field.
Professional certification (e.g., SAIPA, SAICA, CIMA, ACCA) is an advantage.
Minimum 3–5 years of experience in project accounting, cost accounting, or financial management.
Experience in the construction, engineering, or contracting industry is preferred.
Knowledge of FIDIC and NEC contract suits is an advantage.
Knowledge of South African tax regulations, VAT, and IFRS compliance.

Similar jobs you might be interested in:

Project Accountant
Location: Johannesburg
Salary:
We are looking for project accountant who will be responsible for managing the financial aspects of assigned projects, ensuring accuracy in cost tracking, budgeting, forecasting and compliance with financial policies. The role involves working closely with project managers, finance teams, and external stakeholders to ensure projects are completed within budget and financial risks are minimis...
2 days ago

Accountant/Project Accountant
Location: Centurion
Salary: 300,000
We have an exciting opportunity for an experienced accountant in the hospitality and events space! Join a thriving team that manages high-volume finance projects within a dynamic environment.
5 days ago

Project Accountant (SMPP - EPC Projects) - Waterfall Midrand
Location: Midrand
Salary:
Develop, maintain, and improve an integrated cost controls system for projects in Zambia to be based in Waterfall Midrand.Develop an integrated project cost baseline. Report on project cost performance.Develop an integrated cost control governance framework which is aligned with the project governance framework and ensure adherence to.
16 days ago

Group Insurance & Project Accountant
Location: Johannesburg
Salary:
A dynamic and growing company is seeking a dedicated and skilled Group Insurance & project accountant to join their Finance Team.
20 days ago

Junior Accountant
Location: Johannesburg
Salary: 450000 Annually
Balance your books and your ambitions — we’ve got the perfect role for you!Ready to launch your career as a Junior accountant? Let’s get you hired!
1 day ago

ACCOUNTANT
Location: Pretoria
Salary: Market related
Accountable for mainly maintenance and review of accounting records.
2 days ago

Finance Manager CA SA or CIMA
Location: Pretoria
Salary: 1200000 Annually
Our client is seeking to employ a Finance Manager to join their team - you will have overall accountability for financial management and the management of the financial staff within the team (4 direct reports).
2 days ago

Rollout Contact Person- (Business Partner/Master Data) (Chief Expert) 2887
Location: Menlyn
Salary:
SAP FICO Consultant / project Manager(Rollout Contact Person - Business Partner/Master Data)long-term contract
3 days ago

Financial Manager
Location: Johannesburg
Salary: 800 000 Annually
Are you a hands-on, numbers-driven leader who’s ready to take ownership and drive financial strategy in a dynamic environment? Our client, a forward-thinking company based in Sandton, is on the hunt for a Financial Manager who isn’t afraid to roll up their sleeves and get things done.
5 days ago

Financial Manager
Location: Johannesburg
Salary: 800 000 Annually
Our client is seeking a dynamic and results-driven Finance Manager to lead their financial operations, drive strategic budgeting, and ensure compliance with key financial regulations. This is an exciting opportunity to join a growing company where your expertise in financial planning, reporting, and team leadership will make a real impact. If you are a motivated finance professional with strong an...
5 days ago