Project Accountant - Consulting Services

• Bryanston, Gauteng province,

• Engineering Consulting and Power Generation

• Permanent

• Review of contract
• Monitor contract compliance
• Project setup within Oracle, maintenance, reporting and closure
• With the assistance of a Financial Analyst, ensure that each project is funded in accordance with signed contracts
• Preparation of sub-consultant agreements and inter-company task orders
• Assist in preparation and periodic review and updating project risk registers
• Regular client interface

• Preparation of Schedule and Work Breakdown Structure (WBS) in conjunction with Project Managers, contract and system requirements
• Monitor schedule throughout project, highlighting deviation from plan
• Assist in preparation of Work Breakdown Structure and financial forecasts for bids

• Analyse all project costs, ensuring the correct allocation of such costs, taking action to correct any misallocated items
• Work with Project Managers in updating “forecast cost to completion” on projects on a periodic basis
• Develop robust project financial projections in conjunction with the Project Manager for each period end, as well as for annual budgets and quarterly forecasts
• Ensure a valid finance summary/PFS is available for own portfolio of projects
• Monitoring project financial performance against budget and identify potential Variation Orders
• Assist in negotiation of Variation Orders
• Review cost/revenue variations on projects and report reasons for change
• Perform variance analysis of actual performance against budget/forecast and provide business reasons for variances

• Track unbilled costs
• Preparation of invoices in line with payment terms within contract
• Produce invoice schedules
• Monitor cash flow and expedite aged debt directly with clients
• Confer with Receivables staff regarding unpaid contract billings
• Actively monitor and co-ordinate efforts to reduce DSO within the business area

• Ensure compliance with PB Business Management System through the life cycle of the project
• Internal project audit
• Provide details for external audit

• Regular reporting to Project Managers and Divisional Directors, including but not limited to:
• Review and update of WIP schedule each period
• Monitor and report on projects
• Review and update of aged debt reports, outlining key actions
• Monitor and report on projects with high level of WIP
• Report financial risks and opportunities on business areas portfolio of projects
• Co-ordination of in-month review data from Project Managers

• Role model standards for SHEQ performance and behaviour consistent with the company’s health, safety, environmental and quality vision and policies by influencing those around you
• Contribute to the identification of SHEQ risks and driving processes to achieve Zero Harm
• Embrace, display and promote the company values and ensure a safe working environment is maintained at all times
• Maintain BBGAP/DNV certification and ensure full compliance in line with your job level

• PBA Finance Director
• Project Accounting Manager
• PBA Finance Manager – Management Accounting
• PBA Finance Manager – Financial Accounting
• Business Unit Managers and staff
• All Project Managers
• Finance Staff

• Client Staff
• External Auditors

• In accordance with the PB Authorities Manual and relevant Business Unit Procedures.

• Market related and highly negotiable TCTC

• South African citizenship is a pre-requisite
• Relevant previous experience is essential
• Communication will be with short-listed candidates only - if you do not receive any feedback on your application within 3 weeks, please consider your application unsuccessful
• Parsons Brinckerhoff Africa reserves the right not to proceed with an appointment of any advertised role
• All appointments will be made in line with Parsons Brinckerhoff Africa's Employment Equity Plan and Policies
• All enquiries and applications will be treated confidentially
• No enquiries or unsolicited resumes from recruiting agencies or head hunters will be acknowledged or considered, unless they were mandated by Parsons Brinkerhoff Africa to assist with this requirement

• Degree or other relevant academic qualification (Business & Finance/Accounting/Commercial) would be advantageous
• CIMA would be advantageous
• Relevant project and financial experience, preferably within a commercial or financial background
• Proficient with Microsoft Word, Excel and Outlook (Intermediate to Advanced)
• Sound knowledge and relevant experience of Oracle Project Accounting
• Knowledge of the project structure in a client/consultant business environment
• Be commercially conscious, detail orientated and able to offer commercial guidance and support to directors, project and bid managers, having an advanced knowledge of PB Systems, processes and policies.
• Strong service orientation
• Good inter-personal skills, work well with teams, and have strong organizational skills
• Good team player, demonstrating flexibility and commitment
• Confident, forward-thinking and be able to facilitate relationships
• Proven ability to communicate at all levels, both internally and externally, coupled with good presentation skills
• Good time management, with the ability to multi-task and achieve goals, deliverables and strict deadlines with minimal supervision
• Ability to work independently, take initiative, set priorities and see projects through to completion

WSP