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Accounting & Finance
Project Accountant | Construction company | Rawang Full Time
- Develop and maintain project budgets, forecasts and financial reports. Monitor expenditures and analyze variances between budgeted and actual costs.
- Implement and enforce cost control procedures. Identify cost-saving opportunities and provide recommendations for improvement.
- Conduct detailed cost and Sales forecasting to predict future project costs and sales based on current data and trends.
- Regularly update forecasts to reflect changes in project scope, timelines, and market conditions. Prepare regular project status reports, including financial performance, progress updates and risk assessments.
- Present findings to senior management and stakeholders.
- Review and analyze contracts and purchase orders. Ensure compliance with contractual obligations and manage change orders.
- Identify potential financial risks and develop mitigation strategies. Monitor project risks and implement corrective actions as needed.
- Collaborate with project managers to ensure accurate tracking of project milestones, deliverables, and timelines. Assist in the preparation of project schedules and resource plans.
- Maintain accurate and up-to-date project records, including financial documentation, project plans, and performance metrics.
- Contribute to the development and enhancement of project management processes and systems to improve efficiency and effectiveness.
- Manage and supervise all aspects of project billing, ensure alignment with project contracts and accounting standards.
- Communicate to multiple budget owners regarding current cost status and opportunities/ threats based on the current scope of their respective budgets.
- Capture the Project cost and revenue correctly in each projects.
- Any other ad hoc projects and reporting as required by the management.