Project Finance Accountant Job in Kenya

 Job Title: Project
Finance Accountant

Hiring Organization: Burhani
Engineers Ltd
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Engineering
Job Type: Full
Time
Salary: KES
Competitive
Date Posted: 02/07/2024

Job
Description

Burhani
Engineers Ltd. offers end-to-end solutions in electrical, instrumentation,
mechanical and civil fields. Â Burhani Engineers Ltd. is an established EPC
Electrical & Instrumentation Engineering company operating in the East and
Central Africa region with offices in Nairobi, Mombasa, Kampala and
Dar-es-Salaam.

Job
Purpose :


The
Project Accountant will be responsible for ensuring accurate financial
management and control of projects within our organization. This role requires
a combination of project management and accounting skills to oversee project
finances, track costs, and support the successful execution of projects. The
Project Accountant will collaborate closely with project teams, project
managers, and stakeholders to ensure financial accountability throughout the
project life cycle.

Key
Responsibilities :

Cost
Monitoring

Monitor
project expenditure meticulously, diligently tracking costs and ensuring
strict adherence to project budgets by regularly reviewing and analyzing
project expenses.

Communicate
budget variances timely to ensure projects remain within approved budget
limits.

Prepare
detailed financial reports on a regular basis, clearly highlighting the
project’s financial status, cost variances, profitability, etc. Provide
valuable insights and actionable recommendations to enhance the project’s
financial performance.

Identify
trends, risks and opportunities for cost savings and increasing
profitability.

Financial
Planning and Analysis

Collaborate
closely with project managers to develop comprehensive project budgets and
accurate financial

forecasts,
taking into consideration the project scope, timeline, and required
resources.

Risk
Management

Actively
participate in identifying and managing financial risks within projects,
collaborating closely with project teams to develop robust risk mitigation
strategies that ensure the project’s financial viability and success.

Communication
and Collaboration

Effectively
communicate financial insights, risks, and recommendations to project
teams, management, and stakeholders, delivering regular updates on project
financial performance and articulating any potential concerns.

Play
an active role in contributing to the continuous improvement of project
management processes and financial control measures, actively identifying
areas for enhancement and proactively developing innovative solutions to
optimize project financial performance,

Foster
effective cross-functional collaboration by actively participating in
project meetings and providing financial insights and recommendations to
align project goals with financial objectives.

Qualifications

Bachelor’s
degree in Accounting, Finance, or a related field.

Professional
certification such as ACCA, CPA, or CIMA is preferred.

A
minimum of five years’ experience in private or public accounting

Proven
experience in project accounting and financial management, preferably
within construction industry.

Proven
experience in project management

Strong
knowledge of accounting principles, financial analysis, and project
budgeting.

Proficiency
in project management methodologies and tools.

Excellent
analytical skills and attention to detail.

Ability
to work collaboratively with cross-functional teams and stakeholders.

Strong
communication and interpersonal skills.

Proficient
in financial accounting software

Ability
to prioritize tasks and meet deadlines in a fast-paced environment

Click
Here To Apply

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