The Project Accountant provides financial and commercial support across programs and projects, ensuring accurate reporting, effective cost management and strong financial performance. The role manages project financial activities, monitors cashflow, supports claims and invoicing, and identifies and mitigates financial risks.
Key Responsibilities
Commercial, Financial & Budgeting
- Prepare monthly financial and cost reports, including P&L, reconciliations, variance analysis and budget reporting.
- Prepare and manage project claims and invoices, ensuring accurate substantiation and documentation.
- Maintain variation registers and monitor financial impacts, approvals and outstanding actions.
- Review subcontractor and supplier claims, invoices and supporting documentation.
- Monitor debtors, creditors, work in progress and overall project cash position.
- Prepare cashflow and cost-to-complete forecasts and identify emerging financial risks.
- Track contingency usage and report against approved project budgets.
- Escalate significant cost, cashflow or financial risks promptly.
- Support annual budgeting, forecasting and project close-out activities.
- Maintain accurate financial records and documentation.
- Build strong relationships with project teams, finance teams, suppliers, subcontractors and clients.
- Support client discussions regarding claims, certifications and financial matters.
- Resolve or escalate financial issues promptly and professionally.
- Contribute financial information and risk commentary to regular project and leadership reviews.
- Review the financial aspects of contracts, agreements and supplier arrangements.
- Ensure financial reporting and processes comply with relevant legislation, contractual obligations and governance requirements.
- Identify opportunities to improve financial systems, controls and processes.
- Identify and report financial risks, liabilities and discrepancies.
- Monitor contract-related financial concerns and support appropriate risk mitigation.
- Degree in Accounting, Finance or a related discipline.
- 3–5 years’ experience in project, cost or financial accounting, preferably within construction.
- Knowledge of residential or commercial construction processes is highly desirable.
- Understanding of commercial, contractual, legal and regulatory requirements.
- Strong written and verbal communication skills.
- Proficiency with relevant financial systems and technology.
- Excellent organisational, analytical and planning skills.
- High attention to detail and accuracy.
- Ability to manage competing priorities and meet deadlines.
