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Project Accountant

GZ Industries

NigeriaPosted Posted 4 days ago
go
ifrs
acca

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Job description

To provide end-to-end financial management and control of assigned projects from budget set up through to final close out of GZI's assigned projects Roles & Responsibilities CapEx Governance: Establish and maintain robust financial control frameworks for the entire project budget, tracking actual expenditures against approved capital allocations. Vendor & Cash Flow Logistics: Manage the financial pipeline for international OEMS and local contractors; oversee invoice verifications, multi-currency payments, and tax retentions (WHT, VAT). Asset Capitalization: Create a detailed Fixed Asset Register (FAR), tracking components from Work-in- Progress (WIP) status to formal capitalization as the plant goes live. Audit & Compliance: Ensure all project expenditures comply with IFRS standards, corporate governance manuals, and local statutory requirements. Strategic Reporting: Provide the Project Director and Group CFO through the Group Head of Financial Planning & Analysis with real-time financial reporting, burn-rate metrics, and cash flow forecasts. Cost Tracking & Financial Monitoring: Maintain real-time tracking of all project costs, commitments, and actuals against budget forecasts. Tax Compliance & Statutory Deductions: Ensure proper application and remittance of WHT, VAT, and other statutory obligations on project transactions. Stakeholder Financial Liaison: Act as the financial interface between project teams, contractors, and corporate finance departments. Requirements Education: A minimum of HND or a degree in Accounting or a related discipline. Professional certification (ICAN, ACCA) is required Experience: Minimum of 8 years of project accounting, cost control, or fixed asset accounting experience-ideally within manufacturing or capital projects.

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