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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